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Automotive Light Source Modules for Spot Lamps Market Growth to be Fuelled by Advancements in Technology

07-03-2018 06:30 PM CET | IT, New Media & Software

Press release from: Transparency Market Research Reports

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Automotive Light Source Modules for Spot Lamps Market Growth

Lightning has become a signature feature of a car. Today a head or tail lamp is one of the major selling points of the car. In fact, particular attention is being given by the car makers on the headlights as it enhances the exterior of the car. Buyers these days prefer luxurious looking cars. Lighting elements, both functional and ambiance enhancing increase driver’s safety and quality of the car. Headlights are incorporated in a vehicle to provide the drive a glare free vision from oncoming vehicles. The other particular type is spot lamp among the head lamps. Spot lamps differ from conventional head light regarding beam pattern. Spot lamps have a focused beam, which enables the driver to see further down the road. Spot lamps are not meant to be used solely by themselves; it is used as a supplemental light. A light source module for a spot lamp is a complete setup for a spot lamp. It includes a light source and a lens. The lens is positioned to produce a highly directional beam of light. In many countries, not everyone can put an automotive light source module for a spot lamp on their vehicles. These lamps major applications include defense vehicles, hospitals vehicles, and other emergency vehicles. For public purposes, it is used as a set of auxiliary lights, but only it’s non-adjustable version. Automotive light source module for spot lamps improves visibility to a great deal. The other uses include for driving under tunnels.

Automotive Light Source Modules for Spot Lamps Market: Dynamics

Automotive Light Source Modules for Spot Lamps Market is driven by growing demand for safety. Spot lamps help in achieving a great view of distant objects at night. Better economies in countries are encouraging them to invest more in emergency vehicles. Emergency vehicles are usually equipped with light source module for spot lamps. Rising demand for high-end SUV like Range Rovers is also driving the automotive light source module for spot lamps. Style conscious buyers tend to buy automotive light source module for spot lamps for enhancing looks of their cars.

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Automotive light source module for spot lamps is controlled by the fact that they are meant to be used by general public in many countries.

Automotive Light Source Modules for Spot Lamps Market: Segmentation

The global automotive light source module for spot lamps market is segmented by sales channel and type.

Based on sales channel the global automotive light source module for spot lamps market is segmented by-

Original equipment manufacturer
Aftermarket
Based on type the global automotive light source module for spot lamps market is segmented by-

Halogen
The major focus of these lamps is for higher visibility and intense light on the road. This traditional technology and is used to a limited extent in the current scenario.

LED
Led is the most widely used light source these days, but its light falls short regarding intensity as compared to high-intensity discharge lamps.

LASER
This technology is not in the market yet. BMW will be the first to offer laser lamps in its i8 plug-in hybrid supercar, later in 2017.

Automotive Light Source Modules for Spot Lamps Market: Regional Outlook

North-America, Asia Pacific other than Japan (APEJ), Eastern Europe, Western Europe, Latin America, the Middle East & Africa and Japan are the main regions considered for the regional landscape of automotive light source modules for spot lamps market. The global automotive light source module for spot lamps market is categorized into seven geographies. North-America leads the global automotive light source module for spot lamps market being the originator of the technology. Xicato Inc., California was the first company to manufacture LED spot module in 2010. Other North-America based companies like Texas instruments are large players in the global automotive light source module for spot lamps market. Another significant player in global automotive light source module for spot lamps market, Samsung is Japan based and controls a good share of the market. Europe and developed countries in APEJ like China also have a competitive market for automotive light source module for spot lamps, owing to their advanced technologies.

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Automotive Light Source Modules for Spot Lamps Market: Key Players

Some key players in global automotive light source module for spot lamps market are

LG Innotek
Xicato Inc.
PIAA Corporation
Samsung Electronics Co., Ltd.
OSRAM Licht AG
Intel Corporation
Bosch Limited
ROHM Semiconductor
Fleet safety, INC.
Texas Instruments Inc.

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The companyРђЎs exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMRРђЎs experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMRРђЎs data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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