Automotive Intelligent Lighting market size is projected to reach USD 37.26 billion in 2027.
The report is primarily targeted at the Automotive Intelligent Lighting industry participants and stakeholders that can capitalize on the contents of this report and make informed business decisions during the forecast period.
Strict policies of the government and growing security issues are likely to propel development over the forecast period. However, increasing customer awareness about the importance of automotive intelligent lighting, including dynamic bend light and a glare-free high beam, is also expected to have a positive effect on the demand for exterior lighting.
The market size estimation and forecasts have been detailed in this report. The authors have studied the historical background of the Automotive Intelligent Lighting market, keeping in mind the organic and inorganic growth prospects and threats for the market. Thus, the latest report offers precise estimates of the global market size for the forecast period.
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Some Key Highlights From the Report
- Growth is expected to accelerate the rise in demand for eco-friendly LED technologies due to high performance, reduced CO2 levels, and high power.
- Companies tried to build environmentally-friendly LEDs on encouraging product differentiation and improving their global footprint.
- The adaptive headlight is an active safety device intended to improve the visibility of the drivers in poorly lit areas. It includes functionalities, including automatic rotation that can synchronize with sensors, and change brightness and light intensity.
- In January 2019, Shapelines bulbs, light work, auxiliary lights, warning light, and accessories were introduced by Hella. The company fitted a demonstration truck with lighting for buses and trailers.
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For the purpose of this report, Emergen Research has segmented into the global Automotive Intelligent Lighting Market on the basis of Technology, Vehicle Type, Application, and region:
- Technology Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Vehicle Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Passenger Cars
- Commercial Vehicles
Major Companies Listed
- Osram GmbH
- Valeo S.A.
- Hella KGaA Hueck Co.
- Stanley Electric
- Koito Manufacturing Co. Ltd.
- Magneti Marelli
- Koito Manufacturing Co. Ltd.
- General Electric
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The Automotive Intelligent Lighting industry in Asia-Pacific is expected to expand. This region will be the industry leader in the continuous expansion of suppliers combined with a broad production base.
The global Automotive Intelligent Lighting market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Automotive Intelligent Lighting market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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