North America Automotive Adaptive Lighting Market 2022-2026 | Using automotive adaptive lighting such as the Adaptive Front Lighting System to stimulate growth
NEW YORK, March 23, 2022 /PRNewswire/ — The Automotive Adaptive Lighting Market North America should grow by $1.52 billion from 2021 to 2026, progressing to a CAGR of 8.92% over the forecast period, according to Technavio. The report offers up-to-date analysis and helps to know the exact growth variance and annual growth rate Request a free sample report.
Key North Automotive Adaptive Lighting Market Report Highlights:
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Market Growth 2021-2025: $1.52 billion
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Growth momentum and CAGR: acceleration to a CAGR of 8.92%
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Annual growth (%): 6.36%
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Contribution of the successful market: the United States at 79%
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Main consumer countries: United States, Canadaand Mexico
Regional Market Analysis
During the forecast period, the United States will account for 79% of the market growth. In North Americathe main automotive adaptive lighting markets are United States, Canadaand Mexico. The market in this region will grow at a faster rate than the market in other regions.
During the projection period, the increasing adoption of luxury cars will contribute to the growth of the automotive adaptive lighting market in United States.
In addition, countries like the United States, Canadaand Mexico are expected to become top markets for the automotive adaptive lighting market in North America during the forecast period.
For additional regional market information: Request a free sample report.
Automotive Adaptive Lighting Market North America 2022-2026: Segmentation
The automotive adaptive lighting market in North America is segmented as below:
Learn more about additional trends impacting the future of the market and the positive and negative consequences for businesses. Download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR72653
Top Vendors and Vendor Strategies
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 are some of the major vendors in Automotive Adaptive Lighting Market in North America.
Vendors in the market are constantly focusing on expanding their product portfolio by expanding their product offerings. Additionally, vendors are focusing on expanding their presence in new regions.
For example:
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HELLA GmbH and Co. KG: The company offers adaptive lighting that includes vehicle lighting headlights, fog lights, auxiliary lights, work lights, rear combination lights, bulbs, LED upgrades, daytime running lights, headlight and lamp upgrades, optical warning systems, hella value fit.
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Hyundai Mobis Co. Ltd: The Company offers adaptive lighting which includes advanced driver assistance systems, convenience specifications, sensors, mechanism, electrification, power converter, electric power system, cluster.
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KOITO MANUFACTURING CO. Ltd: The company offers adaptive lighting that provides LED headlight, LED daytime running light, LED log light, accessory light, LED rear combination light.
Download our free sample report to get a brief understanding of various other vendors and vendor strategies.
Key Market Drivers
Our analysts have detailed insights into the major market drivers and their impact on the Automotive Adaptive Lighting market in North America.
However, the bad weather conditions causing functional problems would constitute a major challenge for the automotive adaptive lighting market in North America.
To know some other market drivers, trends and challenges.
Download our free sample report
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North America Automotive Adaptive Lighting Market Scope |
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Report cover |
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 and 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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Annual growth (%) |
6.36 |
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Regional analysis |
North America |
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Successful market contribution |
United States at 79% |
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Main consumer countries |
United States, Canada and Mexico |
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Competitive landscape |
Leading Companies, Competitive Strategies, Consumer Engagement Reach |
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Profiled Key Companies |
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 Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis market for the forecast period |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Contents
Abstract
Market landscape
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Market ecosystem
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Value chain analysis
Market sizing
Five forces analysis
Market segmentation by application
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Market segments
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Comparison by application
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Passenger cars – Market size and forecast 2021-2026
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Commercial vehicles – Market size and forecast 2021-2026
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Market Opportunity by Application
Customer landscape
Geographic landscape
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Geographic segmentation
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Geographic comparison
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United States – Market size and forecast 2021-2026
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Canada – Market size and forecast 2021-2026
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Mexico – Market size and forecast 2021-2026
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Market Opportunity by Geography
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Market factors
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Market challenges
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Market trends
Supplier Landscape
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Overview
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Landscape disturbance
Vendor analysis
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Suppliers Covered
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Positioning on the supplier market
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HELLA GmbH and Co. KG
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Hyundai Mobis Co.Ltd.
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KOITO MANUFACTURING CO. ltd.
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Koninklijke Philips NV
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Marelli Holdings Co.Ltd.
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OSRAM Licht AG
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Stanley Electric Co.Ltd.
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Texas Instruments Inc.
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Valeo SA
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ZKW Group GmbH
appendix
About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.
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