Key vendors are integrating headlight with radar and camera to increase their sales strategically
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global automotive adaptive front lighting system market in their latest research report. This report also lists 2 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research report discusses the major drivers are influencing the market growth and summarizes challenges faced by vendors and the market.
This Technavio report, under automotive electronics vertical, is based on the synthesis, analysis, and interpretation of information about the global automotive adaptive front lighting system market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The competition in the market is very intense due to the presence of various international and regional players. The vendors in the market are investing in the innovations and development of new products to sustain the competition in the market. The manufacturers in the market are concentrating on their respective product portfolio and distribution network to increase their profitability and expand their consumer base. The vendors are offering diverse automotive lighting offerings include headlamps, discharge lamps, halogen lamps, rear combination lamps, and clearance lamps to gain a competitive advantage over other players in the market. The OEMs are also forming strategic partnerships to increase their production capabilities and their global footprint to gain a larger market share.
“The vendors in the market are integrating ultrasonic, camera, radar, and light detection and ranging (LiDAR) technologies to improve vehicular safety. The companies are also introducing a 360-degree view system in their vehicles to promote road safety awareness among end-users. Intelligent imaging systems provide real-time information by interpreting complex and congested environments. The two most commonly manufactured imaging systems includes the split-view camera and the surround view camera,” says Siddarth Jaiswal, a lead analyst at Technavio for research on automotive electronics.
Top five vendors in the automotive adaptive front lighting system market space
HELLA
The company designs and sells lighting technology, systems, and electronic components for the automotive industry worldwide.The company specializes in headlamps and electric control circuits and manufacturers work lights, front lights, headlights, taillights, beacons, and interior lights with halogen, xenon, and LED technology. Recently, it announced a lifetime warranty for all LED lighting products with the DuralLED brand.
Key products: Headlamps, Auxiliary Lamps, Bulbs, and Optilux.
KOITO
KOITO manufactures and sells electrical equipment, aircraft parts, automotive lighting equipment, and other products. The company’s products have various applications like transportation, aviation, traffic systems, and railways and shipping. In recent times, it received Automotive News PACE Award for its compact bi-functional switches system.
Key products: LED headlamps, Discharge Headlamps, Halogen headlamps, Fog lamps, LED rear combination lamps, Side turn signal lamps, and High-mounted stop lamps.
Magneti Marelli
The company supplies automotive parts and automotive lighting systems and focuses on designing and manufacturing of lighting systems and components. The company offers automotive lightings, powertrains, electronic systems, suspension systems, exhaust systems, plastic component and modules, aftermarket parts and services, and motorsports. Recently, it launched a new Magneti Marelli Automotive Lighting plant to manufacture rear lights and headlamps in Tennessee.
Key products: Headlamps and Rear lamp.
Valeo
The company provides innovative systems and products that help reduce CO₂ emissions and improve vehicle performance, also develops systems for intuitive driving. It develops innovative and interior lighting systems, which are based on LED and laser technology. The company’s lighting and signaling products enable vehicles to consume low energy, lowering costs and weight and improves safety and comfort for drivers and passengers.
Key products: Headlamps, Halogen Lamps, Rear lamps, Fog lamps, and daytime running lamp (DRL).
OSRAM
OSRAM provides lamps, luminaires, and lighting solutions. It caters to retail, supermarkets, automotive, industrial buildings, medical applications, hospitality, and street and urban markets. The company provides lamps that include incandescent, halogen, and fluorescent lamps and components for traditional lamps and luminaries such as electronic ballasts.
Key products: Headlight, Curve Light, Signaling lamp, Tail light, Interior lighting display, and All weather light.
Other prominent vendors in this market include STANLEY and NEOLITE.
A more detailed analysis is available in the Technavio report, Global Automotive Adaptive Front Lighting System Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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