The automotive adaptive lighting market share in North America is expected to increase by USD 1.52 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.92%.
This automotive adaptive lighting market in North America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automotive adaptive lighting market segmentation in North America by application (passenger cars and commercial vehicles) and geography (US, Canada, and Mexico). The North America automotive adaptive lighting market report also offers information on several market vendors, including HELLA GmbH and Co. KG, Hyundai Mobis Co. Ltd., KOITO MANUFACTURING CO. Ltd., Koninklijke Philips NV, Marelli Holdings Co. Ltd., OSRAM Licht AG, Stanley Electric Co. Ltd., Texas Instruments Inc., Valeo SA, and ZKW Group GmbH among others.
What will the Automotive Adaptive Lighting Market Size in North America be During the Forecast Period?
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Automotive Adaptive Lighting Market in North America: Key Drivers, Trends, and Challenges
The use of automotive adaptive lighting such as adaptive front lighting system as a product differentiator is notably driving the automotive adaptive lighting market growth in North America, although factors such as adverse weather conditions create functional issues that may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive adaptive lighting industry in North America. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Automotive Adaptive Lighting Market Driver in North America
One of the key factors driving growth in the North America automotive adaptive lighting market is the use of automotive adaptive lighting such as adaptive front lighting systems as a product differentiator. The adoption of automotive adaptive lighting systems is increasing as they ensure greater safety while driving. However, vehicle manufacturers are marketing these systems as a product differentiator in the automotive sales market. Automotive adaptive lighting systems enhance the night vision capability of vehicles. Automotive adaptive lighting systems also enhance the aesthetic appeal of vehicles. The design and architecture of an automotive adaptive lighting system offer styling diversity, thereby acting as a unique brand signature. Due to its compactness, lightweight, and design flexibility, automotive adaptive lighting systems can act as a brand imager for OEMs. Thus, different OEMs are using it as a brand differentiator. Hence, such factors are expected to drive the growth of the market during the forecast period.
Key Automotive Adaptive Lighting Market Challenge in North America
The adverse weather conditions creating functional issues will be a major challenge for the automotive adaptive lighting market in North America during the forecast period. Although ADAS technologies have advanced drastically since their introduction in the last decade, the functionality of the ADAS module is subjected to environmental conditions such as the amount of visible light, heavy rains, and snow. During harsh weather conditions such as heavy rains or snowfall, the camera functionality is limited and would require the cleaning of the lenses. As sensors are the only input source for the ADAS, the operation of ADAS is highly dependent on the sensor efficiency. Poor weather conditions can easily affect the functionality of the sensors to recognize objects such as pedestrians and other vehicles. This can lead to severe issues and challenge the adoption of ADAS globally. Some automotive OEMs, such as Japan's Nissan Motor Co., have developed an automatic cleaning mechanism for sensors. However, this technology is still at the nascent stage and is limited to selected premium models. Hence, the performance of the sensors in adverse weather conditions is likely to hamper the growth of the automotive adaptive lighting market in North America.
This automotive adaptive lighting market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive adaptive lighting market in North America during the forecast period.
Who are the Major Automotive Adaptive Lighting Market Vendors in North America?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- HELLA GmbH and Co. KG
- Hyundai Mobis Co. Ltd.
- KOITO MANUFACTURING CO. Ltd.
- Koninklijke Philips NV
- Marelli Holdings Co. Ltd.
- OSRAM Licht AG
- Stanley Electric Co. Ltd.
- Texas Instruments Inc.
- Valeo SA
- ZKW Group GmbH
This statistical study of the North America automotive adaptive lighting market encompasses successful business strategies deployed by the key vendors. The automotive adaptive lighting market in North America is fragmented and the vendors are deploying growth strategies such as focusing on the integration of various ADAS technologies to compete in the market.
Product Insights and News
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HELLA GmbH and Co. KG - The company offers adaptive lighting that includes vehicle lighting headlamps, fog lights, auxiliary lamps, work lamps, rear combination lamps, bulbs, led retrofit, daytime running lights, headlamps, and lamp upgrades, optical warning systems, hella value fit.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The automotive adaptive lighting market in North America forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Automotive Adaptive Lighting Market in North America Value Chain Analysis
Our report provides extensive information on the value chain analysis for the North America automotive adaptive lighting market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Automotive Adaptive Lighting Market in North America?
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79% of the market’s growth will originate from the US during the forecast period. US, Canada, and Mexico are the key markets for automotive adaptive lighting market in North America. Market growth in this region will be faster than the growth of the market in other regions.
The high adoption of luxury cars will facilitate the automotive adaptive lighting market growth in US over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic severely affected the market, as the sales of automotive adaptive lighting systems declined in the region. The US was the most affected country globally in terms of the overall number of COVID-19 cases and associated deaths. However, the market has started to recover from Q42020 with the lifting of lockdown restrictions and the resumption of business operations in Q4 2020. Also, Technavio expects the regional market to witness growth during the forecast period, as the stimulus package given by the governments to businesses is expected to catalyze the growth of industrial activities in North America, especially the US.
What are the Revenue-generating Application Segments in the Automotive Adaptive Lighting Market in North America?
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The automotive adaptive lighting market share growth in North America by the passenger cars segment will be significant during the forecast period. Automakers are focusing on increasing the safety level of passenger cars and are adopting advanced safety functions, such as automotive adaptive lighting. Hence, the demand for automotive adaptive lighting systems is expected to increase rapidly during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive adaptive lighting market size in North America and actionable market insights on post COVID-19 impact on each segment.
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Automotive Adaptive Lighting Market Scope in North America |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.92% |
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Market growth 2022-2026 |
$ 1.52 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
6.36 |
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Regional analysis |
North America |
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Performing market contribution |
US at 79% |
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Key consumer countries |
US, Canada, and Mexico |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
HELLA GmbH and Co. KG, Hyundai Mobis Co. Ltd., KOITO MANUFACTURING CO. Ltd., Koninklijke Philips NV, Marelli Holdings Co. Ltd., OSRAM Licht AG, Stanley Electric Co. Ltd., Texas Instruments Inc., Valeo SA, and ZKW Group GmbH |
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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, 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. |
What are the Key Data Covered in this Automotive Adaptive Lighting Market in North America Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive automotive adaptive lighting market growth in North America during the next five years
- Precise estimation of the automotive adaptive lighting market size in North America and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive adaptive lighting industry in North America across US, Canada, and Mexico
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive adaptive lighting market vendors in North America
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