Global Automotive Adaptive Rear Lighting System Market 2017-2021

This industry research report identifies Hella, KOITO, Magneti Marelli, Valeo, and OSRAM as the key vendors in the global automotive rear lighting system market. A comprehensive analysis of this market is also presented by geographical regions such as the Americas, APAC, and EMEA.

Overview of the global automotive adaptive rear lighting system market

Market research analysts at Technavio predict that the global automotive adaptive rear lighting system market will grow steadily at a CAGR of more than 10% by 2021. Car designers are increasingly seeking techniques to differentiate their products in the intensely competitive automotive market by developing new styling treatments of exterior and interior lighting. The adaptive rear lighting system is a safety feature used for increasing the visibility of the vehicle to other drivers and alert them. In addition to acting as a safety feature, it is also used by OEMs as an appealing element for vehicle exteriors. The design and architecture of the adaptive rear lighting system provide a wide styling diversity acting as a unique brand signature. Due to compactness, light weight, and flexibility in design, adaptive rear lighting system acts as a brand imager. This drives several OEMs to use adaptive rear lighting as a product differentiator, which according to this market research analysts will be one of the major factors driving this market's growth prospects in the coming years.

The introduction of laser and OLED in rear lighting systems is one of the latest trends that will contribute to the growth of the automotive adaptive rear lighting system market in the coming years. Laser and OLED lights are improved and modern lighting technologies are used in automobiles. However, these are limited to luxury cars due to their high costs. Since these technologies are still in a growing stage, their adoption will increase in all types of cars in the coming years. The vendors are also focusing on introducing low-cost OLEDs and lasers in a wide range of vehicles. Laser lighting is a relatively new trend in the automotive industry. Their size is nearly 10 times smaller than LEDs and have stronger luminance and a wider range than all products that are currently available in the adaptive rear lamps systems market. Moreover, the adoption of OLEDs due to their flexibility, energy efficiency, and ability to emit different colors, will also boost the need for improved lighting technologies such as led fog lights in the automotive industry during the forecast period.

Competitive landscape and key vendors  

The automotive rear lighting system is relatively new and the penetration has been comparatively slow as the market has still not attained full penetration levels. The lighting market for automobiles is highly fragmented with numerous regional and international players. The increase in automotive sales drives the growth opportunities for the vendors in the automotive rear lighting system market. Constant innovations and advancements in technology will intensify the level of competition among the adaptive lighting manufacturers in this marketspace.

The leading vendors in the market are -

• Hella
• KOITO
• Magneti Marelli
• Valeo
• OSRAM 

  The other prominent vendors in the market are Continental, ZKW Group, FELIO, and Stanley Electric.

Geographical segmentation and analysis of the automotive adaptive rear lighting system market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the automotive rear lighting system market during 2016. However, the Americas will account for the major shares of this market by 2021 and this will attribute to factors such as the increased focus on energy efficiency by both the consumers and the government which facilitates the shift to low-power consuming technologies, such as LED.

Growth drivers, challenges, and upcoming trends: The use of cameras and LIDAR systems in adaptive rear lighting systems

Cameras are increasingly used in adaptive rear lighting for detecting lower visibility conditions, such as fog and rain and their impact on the sight distance or on target visibility. This in turn, warns the driver about the speed and distance between the vehicles and assists in controlling the beam of light. However, the camera has a disadvantage of blinding in adverse weather conditions. This induced the adoption of the LIDAR, which is a laser technology that works on the principle of reflection along with the camera. These two technologies are being widely used in the rear adaptive lamp systems to vary the intensity of light required for the proper visibility of the road based on the external environment.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the automotive rear lighting system market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall growth of the adaptive rear lamps systems market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive rear lighting system market?
• What are the key market trends impacting the growth of the global automotive rear lighting system market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive rear lighting system market?
• What are the market opportunities and threats faced by the vendors in the global automotive rear lighting system market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive rear lighting system market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming market research report on the automotive adaptive rear lighting system market is an integral part of Technavio's automotive portfolio and offers key insights into the market space for automotive electronics. Technavio's insightful market research reports also offer insights on the market size, forecast, trends, and industry analysis to help clients build effective growth strategies.

Additionally, by implementing an extensive research approach of quantitative and qualitative data collection methods and assessing the changing demand-supply landscape of the automotive electronics sector, the upcoming market research report on the automotive adaptive rear lighting system market offers insights into the key market drivers, trends, and eminent challenges that will influence the growth of the key suppliers in this market space. This upcoming market research report also covers vendors Continental, Adaptive Lighting, HELLA KGaA Hueck, Koito Manufacturing, and ZKW Group.

This industry research report on the automotive adaptive rear lighting system market also takes into account the growth of related markets like the automotive software market, which is anticipated to post an impressive CAGR of around 11% respectively during the forecast period. According to our market research experts, the high rate of adoption of LED adaptive lighting is expected to influence the demand for adaptive rear lighting systems during the next few years.

The upcoming industry report on the automotive adaptive rear lighting system market also offers insights into fast-growing segments within the automotive industry, including sectors like automotive accessories, automotive components, and automotive electronics. Additionally, the report also presents intelligence into the changing competitive landscape and gives clients a holistic view of the future direction of the industry.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.