Automotive Laser Headlight

Automotive Laser Headlight Market Size is Estimated to be US$ 26.8 Bn by 2027 Automotive Laser Headlight Market Size, Share and Growth Analysis, By Technology (Intelligent and Conventional), By Vehicle Type (Commercial Vehicle and Passenger Vehicle) By Sale Channel (Aftermarket and OEM) - Global Industry Analysis, Trends, Regional Outlook and Forecast 2020 - 2027

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[150+ Pages Report] The automotive laser headlight market size in terms of value is projected to reach $ 18.64 billion by 2030, at a CAGR of 26.8% between 2021 and 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

The study provides the overall revenue of the global automotive laser headlight market from 2017 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global automotive laser headlight market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the automotive laser headlight industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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.

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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.

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Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global automotive laser headlight market are as follows:

  • 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.

Market Segmentation

By Technology

  • Intelligent
  • Conventional

By Vehicle Type

  • Commercial Vehicle
  • Passenger Vehicle

By Sales Channel

  • Aftermarket
  • OEM

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the automotive laser headlight market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

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 2021-2030 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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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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