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The automotive adaptive front lighting system market size is estimated to grow at a CAGR of 8.07% between 2022 and 2027. The market size is forecast to increase by USD 2,842.09 million. The growth of the market depends on several factors such as the use of AFL systems as product differentiators, the stringent regulations on road safety, and the growing importance of crash tests and NCAP ratings.
This automotive adaptive front lighting system market report extensively covers market segmentation by application (passenger cars and commercial vehicles), channel (OEM and aftermarket), and geography (Europe, North America, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The use of AFL systems as product differentiators is the key factor driving the growth of the market. The acceptance of AFL systems for automobiles is increasing as they guarantee safer driving. However, automakers market these systems as product differentiators in the automotive retail market. Automotive AFL systems improve the night vision capabilities of vehicles. Some of the best-known AFLS technologies used by major automakers include the Cadillac Adaptive Forward Lighting System, Hyundai AFL System, Mercedes-Benz Active Curve Illumination, and Volkswagen AFL System.
Moreover, automotive AFL systems also improve vehicle aesthetics. The AFL System's design and architecture offer style versatility and serve as a unique brand signature. The AFL system serves as an OEM brand /image due to its compactness, lightweightness, and design flexibility. Therefore, various OEMs use it as a brand differentiator. Hence, these factors are expected to drive the growth of the global automotive adaptive front lighting system market during the forecast period.
The development of AI-enabled ADAS solutions is the primary trend in the market. AI technology is gaining popularity in the ADAS segment due to the increasing need to simulate human brain functions. AI-based ADAS solutions continuously learn through experience, and their ability to sense and perceive the environment is also improved accordingly. As a result, AI-based ADAS can detect and recognize many objects around the vehicle.
Moreover, AI capabilities enhance NVIDIA DRIVE AutoPilot's object recognition and detection. Technavio expects AI-based ADAS solutions to gain traction in the automotive industry as AI technology is critical in delivering effective active safety and driving systems for reliable cars in the coming years. This will drive the growth of the market during the forecast period.
The high cost associated with repairing ADAS technologies is the challenge that affects the growth of the market. High repair costs are affecting ADAS adoption in emerging countries where customers are price-sensitive. With emerging economies at the forefront of new car sales, there is an urgent need to reduce ADAS repair costs. Repair costs are also high in developed countries. For example, in the US, the cost to repair an AFL system is estimated at more than USD 1,000. Customers find these repair costs significantly high, which hinders customer satisfaction and adoption of ADAS technologies such as the AFL system.
Moreover, the developing economies are facing a shortage of qualified technicians. This further increases repair costs as skilled technicians are required to properly calibrate the ADAS technologies on the vehicle. With the global auto industry facing a shortage of skilled technicians, the cost of auto repair and maintenance services will continue to grow. Hence, the lack of skilled automotive technicians will impede the growth of the global automotive adaptive front lighting systems market during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Automotive Adaptive Front Lighting System Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The passenger cars segment is estimated to witness significant growth during the forecast period. Automakers are focusing on improving the safety level of passenger vehicles and are introducing advanced safety features such as AFL systems. Developed regions such as North America and Europe are the largest users of ADAS functionality in the passenger vehicle segment. These regions have strict security standards that encourage the introduction of ADAS features.
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The passenger cars segment was the largest segment and was valued at USD 4,353.05 million in 2017. AUDI AG (AUDI), Daimler AG (Daimler), BMW AG (BMW), and Volkswagen AG (Volkswagen) are the major automotive OEMs actively using Automotive AFL systems in passenger cars. Innovative ADAS features used in luxury vehicles allow automakers to differentiate luxury vehicles from mass-market passenger cars. Hence, such factors are expected to drive the growth of the passenger car segment of the global automotive adaptive front lighting system market during the forecast period.
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Europe is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Germany, France, Italy, Spain, and the UK are the largest contributors to the European automotive adaptive front lighting systems market, due to their high vehicle production volumes. Europe is home to global automakers such as BMW, AUDI, and Daimler, as well as major luxury brands. This makes Europe one of the largest markets for adopting ADAS technology.
Furthermore, the European regulatory environment is a key factor in the increasing adoption of advanced safety systems in vehicles. The introduction of advanced safety systems in new cars is also driven by the European New Car Assessment Program (NCAP), a voluntary vehicle testing body that conducts its own crash tests and rates vehicles accordingly. Euro NCAP gives high marks to vehicles equipped with ADAS technology. Hence, such factors are expected to drive market growth in this region during the forecast period.
The outbreak of COVID-19 in 2020 had a negative impact on the automotive adaptive front lighting system market in Europe. However, lockdown restrictions have been lifted with the start of a mass vaccination campaign in 2021, resuming many corporate and industrial activities related to automotive AFL systems in countries such as Italy, Germany, and France. This increased vehicle sales and had a positive impact on the demand for automotive AFL systems across Europe. Hence, such factors are expected to drive market growth in this region during the forecast period.
The automotive adaptive front lighting system market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Automotive Adaptive Front Lighting System Market Scope |
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Report Coverage |
Details |
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Page number |
174 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.07% |
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Market growth 2023-2027 |
USD 2,842.09 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
7.07 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 32% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ams OSRAM AG, Continental AG, De Amertek Corp., Ford Motor Co., Hyundai Motor Group, Johnson Electric Holdings Ltd., Koito Manufacturing Co. Ltd., Koninklijke Philips N.V., LG Corp., Lumax Industries Ltd., Marelli Holdings Co. Ltd., Mazda Motor Corp., Robert Bosch GmbH, SL Corp., Stanley Electric Co. Ltd., Stellantis NV, Tata Motors Ltd., Texas Instruments Inc., Valeo SA, and Varroc Engineering Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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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. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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