The South Africa automotive adaptive lighting system market size is estimated to register a substantial CAGR of over 6% during the forecast period, 2021–2028. The growth of the market is attributed to various new technologies for vehicle lights with a variety of new functionalities and which can be adapted to the continuously changing requirements of future vehicles.
Adaptive headlights are sensitive to vehicle speed and elevation and automatically adapt to the road. The incidence of traffic fatality is on the increase and a lot of this contributes to the rising deaths of pedestrians. Automotive lighting advancements are an essential factor which plays an important part in driver and pedestrian safety. Investment in the segments of automotive lighting is increasing. The South Africa market for automotive adaptive headlights largely profits from a change in government legislation and the end-user viewpoint of increased safety in cars. Despite the chaos generated by the global economic crash of 2008, after 2014, the automobile industry regained its pre-crisis annual growth pace.
The Covid-19 pandemic had an adverse impact on the automotive adaptive lighting system market. The production and supply in the market has been on halt owing to lockdown; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
The report on South Africa automotive adaptive lighting system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
South Africa Automotive Adaptive Lighting System Market –Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Vehicle Type (Mid-Segment Passenger Vehicles, Sports Cars, Premium Vehicles), type (Front, Rear, and Others), and sales channel type (OEM and Aftermarket) |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
HELLA KGaAHueck& Co.; Valeo Group; Koninklijke Philips N.V; Stanley Electric Co. Ltd; and OsRam Licht AG |
Based on vehicle type, the South Africa automotive adaptive lighting system market is segregated into mid-segment passenger vehicles, sports cars, premium vehicles. The mid-segment passenger vehicles segment is expected to account for a key share of the market during the forecast period owing to rising disposable income and the developing lifestyle of the urban population. People's minds have changed from vehicles as a luxury item to nominal needs. Furthermore, growing business prospects in the car rental industry are pushing passenger car takeovers. Passenger vehicles are the most popular mode of transport in developed regions, and due to higher per capita income.
Based on type, the market is divided into front, rear, and others. The front segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to the need for improvement of visibility in the night time due to the frequency of fatal accidents during the time; Furthermore, major advancements in automotive lighting such as adaptive LED and laser headlights are anticipated to drive the segment growth in coming years.
Based on sales channel type, the market is classified into OEM and aftermarket. The OEM segment is anticipated to expand at a robust CAGR during the forecast period. Technological advancements and investment by manufacturers is expected to drive the segment growth in near future.
Segments Covered in the Report
The South Africa automotive adaptive lighting system market has been segmented on the basis of:-
Vehicle Type
Type
Sales channel type
Key Companies
Key players competing in the South Africa automotive adaptive lighting system market include HELLA KGaAHueck& Co.; Valeo Group; Koninklijke Philips N.V; Stanley Electric Co. Ltd; and OsRam Licht AG
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,
Segments Covered in the Report
The South Africa automotive adaptive lighting system market has been segmented on the basis of:-
Vehicle Type
Type
Sales channel type
Key Companies
Key players competing in the South Africa automotive adaptive lighting system market include HELLA KGaAHueck& Co.; Valeo Group; Koninklijke Philips N.V; Stanley Electric Co. Ltd; and OsRam Licht AG
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,
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