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Automotive Intelligent Lighting System Market | APAC to occupy 40% market share | Technavio

NEW YORK, June 13, 2022 /PRNewswire/ -- The "Global Automotive Intelligent Lighting System Market by Product and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. According to the 125-pages report, the market will observe a decremental growth of USD 2.32 billion between 2020 and 2025. Also, the growth momentum is expected to decelerate at a CAGR of 4.74% during the forecast period. The market is anticipated to observe steady growth in APAC and the region is offering significant growth opportunities for market players.

Technavio has announced its latest market research report titled Global Automotive Intelligent Lighting System Market by Product and Geography - Forecast and Analysis 2021-2025

Download a Report Sample Now to get more details about the market size, growth momentum, current market scenario, and other important aspects of the market.

Vendor Landscape:

The global automotive intelligent lighting market is fragmented, and the degree of fragmentation will decelerate during the forecast period. The market is characterized by the presence of several well-established vendors. Vendors in the market are increasing their R&D efforts to introduce new and innovative products and stay ahead of the competition. Some vendors are forming strategic alliances and M&As. For instance, in March 2021, HELLA GmbH & Co. KGaA entered a partnership with connected vehicle data provider Wejo to develop new data-based business models and enhance the performance of HELLA s sensor portfolio. Similarly, in April 2021, Marelli and WHST (Wuhu SensorTech Intelligent Technology Co. Ltd.), a high-tech radar specialist, signed a master cooperation agreement focused on radar sensors devoted to advanced driver assistance systems (ADAS) and autonomous driving (AD) applications.

Technavio identifies De Amertek Corp., HELLA GmbH & Co. KGaA, J.W. Speaker Corp., KOITO MANUFACTURING CO., Ltd., Marelli Holdings Co. Ltd., OSRAM GmbH, Stanley Electric Co. Ltd., Valeo SA, Varroc Engineering Ltd., and ZKW Group GmbH as some of the major market participants. Although the increasing adoption of automotive intelligent lighting systems as a product differentiator, improvements in automotive intelligent lighting technology with the adoption of LED technology in vehicles and stringent government regulations on safety features in vehicles will offer immense growth opportunities, malfunctioning of automotive adaptive rear lighting systems will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Automotive Intelligent Lighting System Market 2021-2025: Segmentation

The global automotive intelligent lighting system market is segmented as below:

  • Product
    • Adaptive Exterior Lighting
    • Ambient Interior Lighting

The market observed high demand for adaptive exterior lighting in 2021. The rising need for the adoption of safety features such as emergency crash avoidance technologies in vehicles is one of the key factors driving the growth of the segment. The market growth in the segment will be significant during the forecast period.

  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

About 40% of the market growth will originate from North America during the forecast period. The US, Canada, and Mexico are the key markets for automotive intelligent lighting systems in North America. The increasing stringency of regulations regarding vehicle safety is driving the growth of the regional market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive intelligent lighting system market report covers the following areas:

  • Automotive Intelligent Lighting System Market size
  • Automotive Intelligent Lighting System Market trends
  • Automotive Intelligent Lighting System Market industry analysis

Automotive Intelligent Lighting System Market 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automotive intelligent lighting system market. Backed with competitive intelligence and benchmarking, our research report on the automotive intelligent lighting system market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Automotive Intelligent Lighting System Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist automotive intelligent lighting system market growth during the next five years
  • Estimation of the automotive intelligent lighting system market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive intelligent lighting system market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive intelligent lighting system market vendors

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Automotive Intelligent Lighting System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 4.74%

Market growth 2021-2025

USD 2.32 billion

Market structure

Fragmented

YoY growth (%)

3.71

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Germany, France, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

De Amertek Corp., HELLA GmbH & Co. KGaA, J.W. Speaker Corp., KOITO MANUFACTURING CO., Ltd., Marelli Holdings Co. Ltd., OSRAM GmbH, Stanley Electric Co. Ltd., Valeo SA, Varroc Engineering Ltd., and ZKW Group GmbH

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis : Automotive components and accessories

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 15: Product - Market share 2020-2025 (%)
  • 5.2 Comparison by Product
    • Exhibit 16: Comparison by Product
  • 5.3 Adaptive exterior lighting - Market size and forecast 2020-2025
    • Exhibit 17: Adaptive exterior lighting - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Adaptive exterior lighting - Year-over-year growth 2020-2025 (%)
  • 5.4 Ambient interior lighting - Market size and forecast 2020-2025
    • Exhibit 19: Ambient interior lighting - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Ambient interior lighting - Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 21: Market opportunity by Product

6 Customer landscape

  • 6.1 Customer Landscape
    • Exhibit 22: Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 35: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 36: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 37: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
    • Exhibit 38: Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 39: Landscape disruption
    • Exhibit 40: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 41: Vendors covered
  • 10.2 Market positioning of vendors
  • 10.3 De Amertek Corp.
    • Exhibit 43: De Amertek Corp. - Overview
    • Exhibit 44: De Amertek Corp. - Product and service
    • Exhibit 45: De Amertek Corp. - Key offerings
  • 10.4 HELLA GmbH & Co. KGaA
    • Exhibit 46: HELLA GmbH & Co. KGaA - Overview
    • Exhibit 47: HELLA GmbH & Co. KGaA - Business segments
    • Exhibit 48: HELLA GmbH & Co. KGaA - Key news
    • Exhibit 49: HELLA GmbH & Co. KGaA - Key offerings
    • Exhibit 50: HELLA GmbH & Co. KGaA - Segment focus
  • 10.5 J.W. Speaker Corp.
    • Exhibit 51: J.W. Speaker Corp. - Overview
    • Exhibit 52: J.W. Speaker Corp. - Product and service
    • Exhibit 53: J.W. Speaker Corp. - Key offerings
  • 10.6 KOITO MANUFACTURING CO., Ltd.
    • Exhibit 54: KOITO MANUFACTURING CO., Ltd. - Overview
    • Exhibit 55: KOITO MANUFACTURING CO., Ltd. - Business segments
    • Exhibit 56: KOITO MANUFACTURING CO., Ltd. - Key offerings
    • Exhibit 57: KOITO MANUFACTURING CO., Ltd. - Segment focus
  • 10.7 Marelli Holdings Co. Ltd.
    • Exhibit 58: Marelli Holdings Co. Ltd. - Overview
    • Exhibit 59: Marelli Holdings Co. Ltd. - Product and service
    • Exhibit 60: Marelli Holdings Co. Ltd. - Key news
    • Exhibit 61: Marelli Holdings Co. Ltd. - Key offerings
  • 10.8 OSRAM GmbH
    • Exhibit 62: OSRAM GmbH - Overview
    • Exhibit 63: OSRAM GmbH - Business segments
    • Exhibit 64: OSRAM GmbH - Key offerings
    • Exhibit 65: OSRAM GmbH - Segment focus
  • 10.9 Stanley Electric Co. Ltd.
    • Exhibit 66: Stanley Electric Co. Ltd. - Overview
    • Exhibit 67: Stanley Electric Co. Ltd. - Business segments
    • Exhibit 68: Stanley Electric Co. Ltd. - Key offerings
    • Exhibit 69: Stanley Electric Co. Ltd. - Segment focus
  • 10.10 Valeo SA
    • Exhibit 70: Valeo SA - Overview
    • Exhibit 71: Valeo SA - Business segments
    • Exhibit 72: Valeo SA - Key offerings
    • Exhibit 73: Valeo SA - Segment focus
  • 10.11 Varroc Engineering Ltd.
    • Exhibit 74: Varroc Engineering Ltd. - Overview
    • Exhibit 75: Varroc Engineering Ltd. - Business segments
    • Exhibit 76: Varroc Engineering Ltd. - Key offerings
    • Exhibit 77: Varroc Engineering Ltd. - Segment focus
  • 10.12 ZKW Group GmbH
    • Exhibit 78: ZKW Group GmbH - Overview
    • Exhibit 79: ZKW Group GmbH - Product and service
    • Exhibit 80: ZKW Group GmbH - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 81: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 82: Research Methodology
    • Exhibit 83: Validation techniques employed for market sizing
    • Exhibit 84: Information sources
  • 11.4 List of abbreviations
    • Exhibit 85: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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