Top 5 Vendors for Automotive DRL Until 2021, by Technavio

Key vendors to focus on the adoption of innovative technologies to gain market shares

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 vendors for the global automotive daytime running lights (DRL) market in their latest market research report. This report also lists three other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.

Competitive vendor landscape

The global automotive DRL is highly competitive in nature. Vendors in the market space attempt to gain market shares through the incorporation of advanced technologies in their product offerings. The increased focus on automotive lighting systems by vendors is resulting in innovations in front lighting systems. Spurred by the need to adhere to government regulations, manufacturers are shifting from conventional halogen lighting to LED lighting, the adaptive front-light system (AFS).

According to Siddharth Jaiswal, a lead analyst at Technavio for research on automotive electronics, “Technological advancements in the market are resulting in the development of the organic light-emitting diode (OLED). OLEDs enable homogeneous lighting that does not cause glare or cast shadows and is suitable for signal lights, tail lights, and interior lighting.”

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Top five vendors in the automotive DRL market space

Hella

Hella engages in the design and sales of lighting technologies, systems, and electronic components for the automotive industry in the global market. It specializes in headlamps and electric control circuits. In the lighting division, it manufactures work lights, front lights, headlights, taillights, beacons, and interior lights with halogen, xenon, and LED technology.

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 are used in various applications such as transportation, aviation, traffic systems, and railways and shipping.

Key products: LED headlamps, Discharge headlamps, Halogen headlamps, Fog lamps, LED rear combination lamps, Side turn signal lamps, High-mounted stop lamps, and DRL.

Magneti Marelli

Magneti Marelli supplies automotive parts and automotive lighting systems. It focuses on the design and manufacture of lighting systems and components for the automotive industry. Its business segments include automotive lightings, powertrains, electronic systems, suspension systems, exhaust systems, plastic component and modules, aftermarket parts and services, and motorsports.

Key products: Headlamps, Rear lamps, and DRL.

OSRAM

OSRAM provides lamps and lighting solutions for the retail, automotive, industrial buildings, medical, hospitality, and street and urban sectors. The company offers products under segments which include classic lamps and ballasts, specialty lighting, opto semiconductors, luminaires and solutions, and LED lamps and systems.

Key products: DRL and Other lighting products for automotive sector.

Valeo

Valeo is an automotive supplier that partners with many automakers worldwide. It provides innovative systems and products that help reduce carbon dioxide emissions and improve vehicle performance. It also develops systems for intuitive driving. Some of the key customers of Valeo include BMW, BYD Auto, Ford, Honda, Hyundai, Mitsubishi, Renault-Nissan, Suzuki, Tata Group, Toyota, Volkswagen, and Volvo.

Key products: Headlamps, Halogen lamps, Rear lamps, Fog lamps, and DRL.

Ask an analyst to know more about this report

A more detailed analysis is available in the Technavio report, Global Automotive DRL Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.

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