Press release

Automotive Intelligent Lighting Market - Industry Outlook, Growth Prospects and Key Opportunities

 

 
Automotive intelligent lighting enhances light distribution from the headlights as per vehicle driving circumstances. Depending on vehicle steering input and speed, the automotive intelligent lighting points the low-beam headlights toward the direction the chauffer intends to drive. The automotive intelligent lighting uses artificial intelligence while adjusting the illumination during switching lights on and off.
Rise in preference for active safety features in automotive has fueled the development of intelligent lighting. Presently, a transition has been witnessed in the automotive industry where vehicles are shifting from conventional lighting systems to smart, advanced, and more intelligent automotive lighting.

Want to know the obstructions to your company’s growth in future? Request a brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=73773

Automotive intelligent lighting redirects low-beam headlamp units in accordance with the vehicle speed and steering angle at night to improve visibility during cornering. Driving a vehicle has become a safer operation with the advent of automotive intelligent lighting, as it assists the driver in case of poor visibility in extreme weather conditions by optimizing the distribution of light according to the requirement.

Automotive intelligent lighting is a part of advanced driver assistance system that changes the vehicle lighting pattern during a drive on a winding road in order to compensate for the road curvature, thereby enhancing night visibility. This is projected to augment the demand for automotive intelligent lighting during the forecast period.

Increase in support through stringent government safety regulations across the globe to integrate safety automotive features such as ADAS in vehicles supplemented with rise in road fatalities due to poor night vision is anticipated to boost the automotive intelligent lighting market during the forecast period.

The trend of urbanization is increasing at an exponential rate, which is leading to an increase in the average income of urban population, enabling them to enhance their lifestyles. Furthermore, rising demand for passenger cars is prompting manufacturers to increase the production of commercial vehicles. This, in turn, is boosting the automotive intelligent lighting market across the globe.

Matrix LED, OLED, and laser lighting are some of the new and promising technologies for automotive lighting manufacturers. In matrix LED headlights, the high-beam unit is made of 25 individual segments. Small LEDs work in conjunction with lenses and reflectors connected in series are activated and deactivated individually according to the situation. This enables the system to react precisely to other cars. It recognizes other cars using a camera and illuminates the road brightly. These offers better opportunities for the automotive intelligent lighting market across the globe.

Purchase Premium Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=73773&ltype=S

High cost of LED lights is a key concern for the automotive lighting market. Halogen and Xenon/HID, which were used earlier, have become less popular with the introduction of new technologies. Halogen lights have major disadvantage of heating and energy-wasting, while Xenon light is more complex and requires some time to achieve full brightness. The LED, on the other hand, is small and allows great manipulation for various shapes and designs. However, the use of LED is confined to high-end or premium vehicles, as LED is more expensive than other technologies. The high cost of LED can be attributed to its high production cost. This factors hamper the automotive intelligent lighting market across the globe.

Europe to Hold Significant Share of Global Automotive Intelligent Lighting Market:
Rate of adoption of technology in Europe is higher than that in other regions, as vehicle manufacturers of the automotive industry in the region emphasize more on the research and development of components. High penetration of premium and luxury vehicles in several countries across the region, including Germany and the U. K., is likely to boost the market for automotive intelligent lighting in the region.

The global automotive intelligent lighting market is highly fragmented with top manufacturers across the global market. A few of the key players operating and potential in the global automotive intelligent lighting market are HELLA GmbH & Co. KGaA., Magneti Marelli S.p.A, Texas Instruments Incorporated, KOITO MANUFACTURING CO., LTD.
Valeo SA, STANLEY ELECTRIC CO., LTD., Neolite ZKW
Continental AG, De Amertek Corporation, Denso Corporation, Johnson Electric, Continental AG, Robert Bosch GmbH, Hyundai Mobis, GENERAL ELECTRIC, J.W. Speaker Corporation, and Ichikoh Industries Ltd.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...