New York, NY -- (SBWIRE) -- 10/25/2018 -- Over the past few years, it has been observed that the global market for automotive adaptive headlight is growing rapidly owing to product innovation. The market of automotive adaptive lighting is majorly driven on the back of rapid growth in automobile industry across the globe. Moreover, the advancements in automotive lighting technology that is much more efficient than the conventional ways and paving the way for automotive adaptive lighting market is a major factor for the growth in this sector.

Keeping in line with overall automotive sales, industry experts anticipate the automotive lighting segment to grow to $35.9 billion by 2022, at a 5.7 percent compound annual growth rate. Two technological trends are contributing to this growth and transformation of automotive lighting.

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The comprehensive study offers an overview of the current state of development of the business as well as predicts the course of progress across different regions. A large number of factors including the major driving forces, threats and opportunities are taken into account to present an analytical picture of the industry portrayed in the report.

The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders.

Product Market Scenario
- Region and country wise consumption statistics of automotive headlights from the period 2015-2025. 2015-2017 has been utilized as historic data and 2018-2025, has been derived as forecasts
- Estimation of installations, production capacity, shipment data along with historic and forecasted consumption trend analysis
- The Automotive Adaptive Headlight market has been segmented by type into Halogen headlight, xenon headlight and LED
- LED is the fastest growing segment in the market owing to improved energy efficiency and future cost savings associated with its usage. However, halogen and xenon are expected to remain major products over the forecast period

Grow with the trend
The Automotive Adaptive Headlights Market helps product owners learn how certain trends will shape the growth of the Automotive Adaptive Headlights industry over a long term. The study closely looks at the historical price pattern of various products and services and empowers entrepreneurs to form the right opinion about the future trends. Accordingly, business owners will be able to decide their course of action and make a wise decision.

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Regional Market-O-Nomics
- Europe is estimated to account for the largest share of the global automotive adaptive headlights market with a share of 41.2% in 2017
- However, Asia Pacific is expected to gain significant market share by 2025 owing to rise in manufacturing of premium cars
- Light vehicle sales reached 17.5 million units in 2016. Overall, the United States is the world's second largest market for vehicle sales and production
- In 2016, the United States exported almost 2.1 million new, light vehicles valued at $57 billion to almost every country around the world, with additional exports of automotive parts valued at approximately $80 billion.
- In 2016, the total value of Canadian imports value of vehicles from the United States (cars, medium and heavy duty trucks) totaled US$33.7 billion, with a 9.3 percent increase for light vehicles imports offsetting an 11.9 percent decrease in medium and heavy duty truck imports
- The Europe Automotive Adaptive Headlights Market is expected to reach USD 1.23 billion by the end of 2025 growing at a CAGR of 7.8%

Companies considered and profiled in this market study:- Magneti Marelli S.p.A., Varroc Engineering Limited., TYC Brother Industrial Co. Ltd., HELLA Group., Ichikoh industries, Ltd., SL Corporation., Stanley Electric Co., Ltd., ZKW Group. (LG Electronics), Koito Manufacturing Co., Ltd., Valeo.

Product Insights (Revenue, USD Million; 2016–2025)
- Halogen
- Xenon
- LED

Systems Scenario (Revenue, USD Million; 2016–2025)
- Highway Lights
- Rural Lights
- High Beam
- Bend Lighting
- Adverse Weather Lights

Application (Revenue, USD Million; 2016–2025)
- Passenger Car
- LCV
- Trucks And Buses
- Two Wheelers

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Key Topics Covered:
- Automotive Adaptive Headlights Market Overview
- Global Automotive Adaptive Headlights Market Competition by Manufacturers
- Global Automotive Adaptive Headlights Capacity, Production, Revenue (Value) by Region (2013-2018)
- Global Automotive Adaptive Headlights Supply (Production), Consumption, Export, Import by Region (2013-2018)
- Global Automotive Adaptive Headlights Production, Revenue (Value), Price Trend by Type
- Global Automotive Adaptive Headlights Market Analysis by Application
- Global Automotive Adaptive Headlights Manufacturers Profiles/Analysis

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