Automotive Intelligent Headlights Market Explore Future Growth 2018- 2025: Argus Control System (Canada), Koninklijke Philips NV (The Netherlands), Greentech Agro LLC (U.S.), Biodynamic LLC., General Hydroponics, Inc, Logiqs B.V. (The Netherlands), Lumigr

Intelligent automotive headlights is a technically advanced headlights that can automatically adjust its brightness depending on the outside surrounding. The growing inclinat0069on of consumers towards technological advancements in vehicles paired with stringent safety regulations in several countries are the major driving factors behind the growing adoption of intelligent headlights in automotive industry. Furthermore, the introduction of adaptive lighting and intelligent ambient lighting in the automotive industry imply that the automotive lighting segment has immensely improved in the technological front. In addition, continuously growing sales of passenger and commercial vehicles also bolster the adoption of intelligent headlights in the automotive industry. However, the high cost of the Laser and LED matrix headlights along with the challenges associated with low temperatures act as the major restraints in the industry. On the other hand, the growing research and development in the liquid crystal shutters is anticipated to open new opportunities areas for the market players in the industry.
“The rapidly decreasing cost of LED and rise in need for energy efficient lighting solutions are expected to fuel the adoption of this technology in the coming years in the automotive industry”

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Based on technologies adopted in the intelligent headlights, the market is fragmented into Xenon HID, LED and Laser. The rapidly decreasing cost of LED and rise in need for energy efficient lighting solutions are expected to fuel the adoption of this technology in the coming years in the automotive industry.

The market is bifurcated across different sales channel, this includes OEM and aftermarket. As the OEM sales channel is less prone to risks and faults, thus this channel dominated the market in 2018 and is expected to remain dominate during the forecast period. On the basis of vehicle type, the market is segmentation into passenger cars and commercial vehicles. Owing to growing technological advancements in the luxury vehicle segment paired with increasing production of passenger cars are the major factors behind their major share in 2018.

For an in-depth analysis on regional level, the market is further segmented across different regions, including North America, Europe, Asia Pacific, and Rest of World. Among all the regions, Europe dominated the global intelligent automotive headlights market in 2018. On the other hand, increasing per capita income of the consumers in Asian region is anticipated to make it the fastest growing region by the end of the forecast period.

Competitive Landscape-Top 10 Market Players

Over the past few years, the major players in this industry adopted a number of strategic and competitive strategies such as merger and acquisition, partnership and business expansion among others. Some of the major players profiled in the report include, Argus Control System (Canada), Koninklijke Philips NV (The Netherlands), Greentech Agro LLC (U.S.), Biodynamic LLC., General Hydroponics, Inc, Logiqs B.V. (The Netherlands), Lumigrow, Inc. (U.S.), Hydro. These players are working forward to strengthen their foothold in the global market through several business strategies.

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