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Automotive Laser Headlight Market Size, Developments Status, Trends and Leading Players Analysis, Forecast 2027

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The global Automotive Laser Headlight market size is expected to surpass around US$ 18.64 billion by 2027 and the market is expected to garner growth at a CAGR of 26.8% over the forecast period 2021 to 2027.

The Automotive Laser Headlight market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.

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Growth Factors

Rising awareness for the efficient lighting solution in automotive application significantly drives the market growth for automotive laser headlight. The combination of laser and Light Emitting Diode (LED) serves as a building block for the Advanced Front Lighting Systems (AFLS) and is steadily picking pace in the laser headlight market. Applications such as sensing, lighting, computing, and software control plays a pivotal role in AFLS.

Market Report Scope

Report Highlights Details
Market Size USD 18.64 Billion by 2027
Growth Rate CAGR of 26.8% from 2021 to 2027
Largest Market Europe
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2027

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Market Overview

A recent study by Precedence Research on the Automotive Laser Headlight market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Automotive Laser Headlight market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Automotive Laser Headlight. The study also provides the dynamics that are responsible for influencing the future status of the Automotive Laser Headlight market over the forecast period.

A detailed assessment of the Automotive Laser Headlight market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Automotive Laser Headlight market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • In 2020, Europe led the global automotive laser headlight market with a market value share of around 41%.The region also expected to exhibit significant growth in the coming years owing to high consumer base for luxury and premium vehicles. In addition, automotive manufacturers are mainly concentrated in the region and invest prominently in the advanced and innovative technologies to influence the positive market growth.
  • The Asia Pacific expected to grow at a rapid pace over the analysis period due to increase in purchasing power and significant growth in Gross Domestic Product (GDP) in the developing nations. In addition, green revolution and increasing preference for environment-friendly mobility solutions are positively driving the market for automotive laser headlight in the region.
  • By technology, intelligent laser headlight encountered the maximum revenue share in the overall market in 2020 and anticipated to propagate at a rapid rate during the forecast period. This is mainly due to the rising demand for intelligent and smarter technology.
  • Passenger vehicle emerged as the global leader in the automotive laser headlight market in the year 2020 and anticipated to grow prominently over the analysis period. High production and sales of passenger vehicles across the globe is the major factor driving the growth of the segment. Moreover, increasing demand for premium and luxury cars along with rapid growth in battery-powered vehicles are the prime factors escalating the production of passenger cars globally.
  • By sales channel, OEM dominated the global automotive laser headlight market with nearly 91% of market share in the year 2020 and expected to continue its dominance throughout the analysis period.

Regional Snapshots

By region, Europe led the global automotive laser headlight market with significant revenue share of nearly 40% in 2019 and experience opportunistic growth during the forecast period. Groundbreaking innovations in the laser headlights for automotive applications by the companies operating in the market are bolstering the market growth. For instance, in 2018, OSRAM GmbH developed laser-based light sources especially for automotive headlight units such as matrix headlight system. Furthermore, the company demonstrated its biometric technologies such as EVIYOS (world’s first hybrid LED), DMD laser light source (adaptive headlight), Zevo-hybrid product, LiDAR, and interior lighting that provides colorful illumination for off-road vehicles.

On the contrary, the Asia Pacific exhibits the fastest growth over the analysis period owing to rising consumer base for automotive vehicles and their aftermarket products. Further, rising disposable income triggered the demand for smart technology incorporation in the automotive parts. Stringent government norms for the enhanced driver safety are also contributing positively for the application of smart and innovative lighting solutions to assist driver while driving in harsh environment.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • OSRAM GmbH
  • SLD Laser
  • Valeo SA
  • ZKW Group
  • LASER Component
  • Koito manufacturing Co. Ltd
  • Palomar Technologies
  • Hella GmbH & Co. KGaA
  • Marelli Holdings Co. Ltd.
  • Koninklijke Philips N.V.

Segments Covered in the Report

By Technology

  • Intelligent
  • Conventional

By Vehicle Type

  • Commercial Vehicle
  • Passenger Vehicle

By Sales Channel

  • Aftermarket
  • OEM

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global Automotive Laser Headlight market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Automotive Laser Headlight are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Automotive Laser Headlight Market, By Technology

7.1. Automotive Laser Headlight Market, by Technology Type, 2020-2027
7.1.1. Intelligent
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Conventional
7.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Automotive Laser Headlight Market, By Vehicle Type

8.1. Automotive Laser Headlight Market, by Vehicle Type, 2020-2027
8.1.1. Commercial Vehicle
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Passenger Vehicle
8.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Automotive Laser Headlight Market, By Sales Channel

9.1. Automotive Laser Headlight Market, by Sales Channel, 2020-2027
9.1.1. Aftermarket
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. OEM
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Automotive Laser Headlight Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Technology (2016-2027)
10.1.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.1.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Technology (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Technology (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Technology (2016-2027)
10.2.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Technology (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Technology (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Technology (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Technology (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Technology (2016-2027)
10.3.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Technology (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Technology (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Technology (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Technology (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Technology (2016-2027)
10.4.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Technology (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Technology (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Technology (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Technology (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Technology (2016-2027)
10.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.5.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Technology (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Sales Channel (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Technology (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Sales Channel (2016-2027)

Chapter 11. Company Profiles

11.1. OSRAM GmbH
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. SLD Laser
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Valeo SA
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. ZKW Group
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. LASER Component
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Koito manufacturing Co. Ltd
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Palomar Technologies
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Hella GmbH & Co. KGaA
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Marelli Holdings Co. Ltd.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Koninklijke Philips N.V.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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