Report Description
The Japan Automotive Adaptive Lightning Systems Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 6% during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing sales of SUVs & high-end cars and advancement of lighting technology.
Lighting plays an important role in motor vehicles by illuminating the roads for driver. In addition, the lighting system can also help other drivers and pedestrians in traffic, determine the location, direction, and size of the vehicle as well as vehicle exterior components that increase the visibility of vehicle at the same time. It consists of lighting and signaling devices. The lighting device is installed in different positions such as the front, rear, top, and interior of the vehicle. As a cheap and easily available technology, Al is the most widely used lighting technology, including xenon and LED as other known lighting technologies.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing concern for road safety and rising disposable income of vehicle owners are expected to boost the market during forecast period.
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Rapid growth of the automotive industry due to increasing demand for SUVs and luxury cars is major factors fueling the market in coming years.
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Strict lightning regulations by government for road safety and better visibility are projected to drive the market during forecast period.
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High cost of lightning systems such as led lights is anticipated to restrict the market growth.
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Lack of awareness among people about advantages of led lightning systems and affordability possess as major challenges that can hamper the market growth during the forecast period.
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R&D investment and technological advancement of led lights to reduce its cost and demand for vehicles in automotive industry is projected to offer immense opportunities for the market players.
Scope of the Report
The report on the Japan automotive adaptive lightning systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Automotive Adaptive Lightning Systems Market - Japan Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Vehicles Types (Mid-segment Passengers Cars, Sports Cars, and Premium Vehicles), Types (Front and Rear), and Sales Channel Type (OEM and Aftermarket)
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Geography
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Japan
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Stanley Electric Co. & Ltd., OsRam Licht AG, Koninklijike Philips N.V, Koito Manufacturing Co. Ltd., and HELLA KGgaA Hueck & CO.
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Market Segment Insights
The passenger cars segment is projected to account for a key market share
Based on vehicle types, the Japan automotive adaptive lightning systems market is segregated into mid-segment passenger cars, sports cars, and premium vehicles. The passenger cars segment is expected to represent a key share of the market during the forecast period. Regardless of the type of vehicle, the passenger car is the rapid growing segment in the field of automotive adaptive headlights. Due to the increasing disposable income and changing lifestyles of the urban population, the demand for passenger cars is growing significantly. In addition, the growing outlook for the car rental business is driving car purchases.
The front segment is expected to grow at a rapid pace
Based on types, the market is bifurcated into front and rear. The front segment is expected to represent a key share of the market during the forecast period owing to ensuring the safety of passengers and providing drivers with a first-class driving experience h. From ABS and EBS to advanced cruise control systems, automakers have transformed their research on advanced driver assistance systems into adaptive lighting, also known as vehicle adaptive headlights and are one of the efforts as part of the active safety system. Although major domestic automobile manufacturers (OEMs) are launching vehicles with adaptive headlights, this function is mainly used in high-end SUVs and luxury cars.
The OEM segment is anticipated to expand at a substantial CAGR
Based on sales channel type, the Japan automotive adaptive lightning systems market is bifurcated into OEM and aftermarket. The OEM segment is expected to represent a key share of the market during the forecast period. Original equipment manufacturer (OEM) automotive adaptive lightning systems sales are directly proportional to the global production of passenger cars, passenger vehicles, and premium vehicles. Regional players purchase high-quality led lights to improve the safety and visibility and ensure driver comfort. Due to the increasing demand for high-quality products, OEMs often rely on dedicated sales channels.
Segments
The Japan automotive adaptive lightning systems market has been segmented on the basis of
Vehicle Types
- Mid-segment Passenger Cars
- Sports Cars
- Premium vehicles
Sales Channel Types
Types
Key Players
- Stanley Electric Co. & Ltd.
- OsRam Licht AG
- Koninklijike Philips N.V
- Koito Manufacturing Co. Ltd.
- HELLA KGgaA Hueck & CO.
Competitive Landscape
Key players competing in the Japan automotive adaptive lightning systems market include Stanley Electric Co. & Ltd., OsRam Licht AG, Koninklijike Philips N.V, Koito Manufacturing Co. Ltd., and HELLA KGgaA Hueck & CO.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Adaptive Lightning Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Adaptive Lightning Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Adaptive Lightning Systems Market - Supply Chain
4.5. Global Automotive Adaptive Lightning Systems Market Forecast
4.5.1. Automotive Adaptive Lightning Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Adaptive Lightning Systems Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Adaptive Lightning Systems Market Absolute $ Opportunity
5. Global Automotive Adaptive Lightning Systems Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Types
5.3.1. Front
5.3.2.
Rear
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automotive Adaptive Lightning Systems Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Automotive Adaptive Lightning Systems Demand Share Forecast, 2019-2026
7. North America Automotive Adaptive Lightning Systems Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Types
7.4.1. Front
7.4.2.
Rear
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Automotive Adaptive Lightning Systems Demand Share Forecast, 2019-2026
8. Latin America Automotive Adaptive Lightning Systems Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Types
8.4.1. Front
8.4.2.
Rear
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Automotive Adaptive Lightning Systems Demand Share Forecast, 2019-2026
9. Europe Automotive Adaptive Lightning Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Types
9.4.1. Front
9.4.2.
Rear
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Automotive Adaptive Lightning Systems Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Adaptive Lightning Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Types
10.4.1. Front
10.4.2.
Rear
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Automotive Adaptive Lightning Systems Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Adaptive Lightning Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Automotive Adaptive Lightning Systems Market Size and Volume Forecast by Types
11.4.1. Front
11.4.2.
Rear
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Automotive Adaptive Lightning Systems Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Automotive Adaptive Lightning Systems Market: Market Share Analysis
12.2. Automotive Adaptive Lightning Systems Distributors and Customers
12.3. Automotive Adaptive Lightning Systems Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Stanley Electric Co. & Ltd.
12.4.2.
OsRam Licht AG
12.4.3.
Koninklijike Philips N.V
12.4.4.
Koito Manufacturing Co. Ltd.
12.4.5.
HELLA KGgaA Hueck & CO.