Press release
Major Advancements : Global Automotive Adaptive Rear Lighting System market grow tremendously at a CAGR of about 10.36% by 2021
The adaptive rear lighting is a system that measures the visibility condition, modulates the intensity of the light, and provides signaling according to the perception level needed. The other function of adaptive rear lights is to control the rear signaling lamp according to the ambient light level. These lamps can adapt to the needs of the driver and according to the weather conditions. The system is similar to the adaptive front lighting system, which can adapt to different road and driving conditions.
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Technavios analysts forecast the global automotive adaptive rear lighting system market to grow at a CAGR of 10.36% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive adaptive rear lighting system market for 2017-2021. To calculate the market size, the report considers passenger cars equipped with the automotive adaptive rear light system provided by OEMs in vehicles.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Adaptive Rear Lighting System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Hella
KOITO
Magneti Marelli
Valeo
OSRAM
Other prominent vendors
Continental
ZKW Group
FELIO
Stanley Electric
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Market driver
LED driving the adaptive rear lighting system market
For a full, detailed list, view our report
Market challenge
Cost of raw materials used in LEDs
For a full, detailed list, view our report
Market trend
Introduction of laser and OLED in rear lighting system
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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