Automotive lighting market comprises of companies that manufacture lighting and signaling devices in motor vehicles which are integrated to front, rear, sides, and in some cases the top of the vehicles.
The global automotive lighting market was valued at $19.9 billion in 2017. Asia Pacific was the largest geographic region accounting for $8.64 billion or 43.43% of the global market. And China was the largest country accounting for $4.19 billion or 21.05% of the global audio equipment market.
The Adaptive Front-lighting System (AFS) is a latest technology widely being used in the vehicles to provide a better lighting on the road at night. The AFS, based on the vehicle speed and steering input, optimizes the distribution of light and points the low-beams headlights in the direction the driver intends to travel. The car manufacturers are using this technology in the headlights to increase the car’s safety features. For instance, Mazda has installed the AFS in its Mazda6 and Mazda CX-5 model.
Companies Covered: Koito Industries, Ltd., Magneti Marelli S.p.A., Hella KGaA Hueck & Co., Stanley Electric Co. Ltd., Valeo S.A.
Market Segments Included: Incandescent Bulbs; Halogen; High Intensity Discharge [HID] Bulbs; Light Emitting Diode (LED)
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