Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Adaptive Front Light Market | Page 2

of an increased number of safety systems in vehicles, hence enhancing the visibility of the
driver on roads.
The growing number of fatalities is leading to the adoption of automotive AFLS, which is
identified as one of the key trends that will gain traction in the adaptive front lighting
system market during the estimated period.
However, a high initial cost associated with advanced technology automotive adaptive front
light may restraint the automotive adaptive front light market.
Market Segmentation
The global automotive adaptive front light system market has been segmented based on
type as Halogen and LED whereas, in-vehicle type, the market has been segmented as a
passenger vehicle and commercial vehicle.
Regionally, the global automotive adaptive front light market is segmented through North
America, Europe, Asia-Pacific, Middle East & Africa, and South America.
The automotive adaptive front light market is currently booming in the Asia Pacific region
due to rapidly rising vehicle production, which is eventually one of the primary driving
factors for the market to grow. Moreover, improving infrastructure in this region coupling
with improving living standards have positively impacted the automotive industry, hence,
creating fast demand slots for the automotive adaptive front lighting system. On the other
hand, the introduction of vehicle electrification in the Asia Pacific region is also impacting
the market with a confident pull.
Meanwhile, North America and Europe are the other two leading regions, mainly due to the
established automotive industry. Substantial investments are being made in research &
development that ignited ideas to develop new techniques and products to tap into future
market trends.
Lastly, automotive adaptive front lighting system market is nourishing in the regions of the
Middle East and South America, which is expected to register a steady growth during the
forecast period.
Key Players
The key players of global Automotive Adaptive Front Light market are Saicheng Autoparts
(China), Hella (Germany), Koito Manufacturing (Japan), Magneti Marelli (Italy), Stanley
Electric (Japan), North American Lighting (U.S.), Varroc (U.S.), OSRAM (Germany), Valeo
(France), Neolite (China). In 2016, these companies accounted for a share of XX% of the
global market.