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Automotive Intelligent Lighting Market Insights and Forecast to 2027 Explored In Latest Research

The global automotive intelligent lighting market is estimated to account US$ 3.22 Bn in 2018 and is expected to grow at a CAGR of 12.4% during the forecast period 2018 - 2027, to account to US$ 8.70 Bn by 2027.<br><br>Geographically, Europe holds the largest automotive intelligent lighting market share, owing to rapid technological developments, numerous investments, and supportive Government policies in the European countries. However, North America automotive intelligent lighting market is projected to grow with the highest growth rate during the forecast period. One of the major factors that has led to the development of automotive lighting solutions is the increasing accidents and fatalities observed in North America while driving in the dark. <br><br>Download Sample PDF Brochure at: https://www.theinsightpartners.com/sample/TIPRE00004622/<br>

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Automotive Intelligent Lighting Market Insights and Forecast to 2027 Explored In Latest Research

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  1. Automotive Intelligent Lighting Market Automotive Intelligent Lighting Market to 2027 - Global Analysis and Forecasts By Technology (LED Matrix and Laser); Type of Lights (Adaptive Headlight and Intelligent Ambient Lighting); and Vehicle Type (Passenger Cars and Commercial Vehicles) E-Mail : sales@theinsightpartners.com

  2. Automotive Intelligent Lighting Market The global automotive intelligent lighting market is estimated to account US$ 3.22 Bn in 2018 and is expected to grow at a CAGR of 12.4% during the forecast period 2018 - 2027, to account to US$ 8.70 Bn by 2027. Geographically, Europe holds the largest automotive intelligent lighting market share, owing to rapid technological developments, numerous investments, and supportive Government policies in the European countries. However, North America automotive intelligent lighting market is projected to grow with the highest growth rate during the forecast period. One of the major factors that has led to the development of automotive lighting solutions is the increasing accidents and fatalities observed in North America while driving in the dark. As per the data from NHTSA, close to 50% of the driver fatalities and approximately 70% of the pedestrian deaths have occurred during dark driving times. While, the urban roads and highways in the North American region are equipped with robust overhead lighting infrastructures, the other rural roads are not that sophisticated enough. The absence of proper illumination on the rural North American roads have been the major cause for accidents. This as a result has positively impacted automotive intelligent lighting market. E-Mail : sales@theinsightpartners.com

  3. Automotive Intelligent Lighting Market Europe holds the highest market share in the automotive intelligent lighting market. The primary reason for the growth of automotive intelligent lighting market is the governments of the region are EU is the leading producer of motor vehicles and several premium automotive manufacturers are based in the region. Furthermore, the automotive sector of the region represents the largest private investor in R&D as well as it receives support from the government such as funds for R&D. Moreover, around 300 vehicle assembly and manufacturing facilities are located in around 26 countries across the region. The Europepan government focuses on various inititative such as CARS 2020 Action Plan, GEAR 2030 etc. Also, Horizon 2020 by EU focuses on providing funds for R&D on automotive by launching programs such as European Green Vehicles Initiative and programs on 'Road Transport', 'ICT for Smart Mobility', 'Factories of the Future' and 'Logistic. For instance, in 2018, Tungsram announced its partnership with the government of Hungary, with this partnership the company serves its products to domestic and international clients, higher education actors, SME partners, and municipalities. Thus, acts as an independent company. These market initiatives and strategic contracts are expected to continue during the forecast period, contributing to the high growth of automotive intelligent lighting market in the region. E-Mail : sales@theinsightpartners.com

  4. Automotive Intelligent Lighting Market The front light and rear lights form the major share in the automotive lighting. Automakers have been increasingly looking for integrations of lightweight automotive components that enhance the fuel efficiency and performance of the vehicle. The LED lighting used in the automobiles of today is lightweight as compared to the traditional filament-based headlamps. This helps in enhancement of fuel-efficiency of the vehicle and automotive performance. LED lamps are usually cooler, smaller, and consume lesser energy as compared to the standard automotive lamps. They also offer safety and comfort for the vehicle drivers and occupants. LED light source used in the headlights allows drivers to have a proper and better view of the road contours, better road anticipation power and thereby good reaction time for taking a decisi Get Research Sample here – https://www.theinsightpartners.com/sample/TIPRE00004622/ E-Mail : sales@theinsightpartners.com

  5. Automotive Intelligent Lighting Market The List of Companies Automotive Lighting LLC HELLA GmbH & Co. KGaA Koito Manufacturing Co., Ltd. Lumileds Holding B.V. OSRAM Continental GmbH Robert Bosch GmbH SL Corporation Tungsram Valeo SA Varroc Group Get Discount on this Report@ https://www.theinsightpartners.com/discount/TIPRE00004622/ E-Mail : sales@theinsightpartners.com

  6. Automotive Intelligent Lighting Market E-Mail : sales@theinsightpartners.com

  7. Automotive Intelligent Lighting Market Table of Contents 1.             Introduction 1.1       Scope Of The Study 1.2       The Insight Partners Research Report Guidance 1.3       Market Segmentation 1.3.1       Global Automotive Intelligent Lighting – By Technology 1.3.2       Global Automotive Intelligent Lighting – By Type of Light 1.3.3       Global Automotive Intelligent Lighting – By Vehicle Type 1.3.4       Global Automotive Intelligent Lighting – By Geography 2.             Key Takeaways 3.             Research Methodology 3.1       Coverage 3.2       Secondary Research 3.3       Primary Research 4.             Automotive Intelligent Lighting Landscape 4.1       Market Overview 4.3       Porter’s Five Forces Analysis 4.4       Expert Opinion 4.5       Ecosystem Analysis E-Mail : sales@theinsightpartners.com

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  9. Thank You E-Mail : sales@theinsightpartners.com

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