Reportstack has announced a new market research report on the Global Automotive Lighting Market 2014-2018, which is expected to witness growth with a CAGR of 7.53 percent during the period 2013-2018. “With an improved field of vision and elimination of glare, adaptive lighting seeks to reduce road fatalities by directing the light beam into a focused field of vision,”.
“Dynamic bend lighting systems are another solution that eases the driving on winding roads. It improves vision on wide bends and, along with fixed bend lighting, improves visibility at any speed.”
Key Market Drivers
Increased Automotive Production and Sales
Evolution of New Applications
Heightened Need for Safety
Rise in Demand for High-performance Technologies
Key Market Trends
Innovations in LED Technology
Incorporation of Driver Assistance Systems
Increased Popularity of Ambient Lighting
Introduction of Laser Lighting
Key Market Vendors
Hella Kgaa Hueck and Co.
Koito Manufacturing Co. Ltd.
Magneti MareIli SpA
To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
Complete report available @ Global Automotive Lighting Market 2014-2018.