Aug 2, 2017   SOURCE: BusinessWire

Global Automotive Adaptive Rear Lighting System Market 2017-2021 - Key vendors are Hella, Koito, Magneti Marelli, Valeo & OSRAM - Research and Markets

The "Global Automotive Adaptive Rear Lighting System Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global automotive adaptive rear lighting system market to grow at a CAGR of 10.36% during the period 2017-2021.

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.

One trend in the market is introduction of laser and OLED in rear lighting system. Laser and OLED lights are the most advanced and modern lighting technologies used in automobiles.

However, these are limited to luxury cars owing to their high costs. As these technologies are still in a nascent stage, their adoption may increase in all types of cars in future as vendors are striving to introduce low-cost OLEDs and lasers in a wide range of vehicles.

One driver in the market is LED driving the adaptive rear lighting system market. The thrust of energy efficiency is changing the automotive lighting system market.

With technological advancement, conventional lamps are being replaced with efficient lighting ranging from basic LED lights to the ones with sophisticated features.

Performance, product design, and the road safety conferred by lighting system in vehicles plays a significant role in boosting the sales of vehicles. Vendors in the automotive lighting industry are increasingly focusing on technological innovations to expand their customer base.

Key vendors

  • Hella
  • Koito
  • Magneti Marelli
  • Valeo
  • OSRAM

Other prominent vendors

  • Continental
  • ZKW Group
  • FELIO
  • Stanley Electric

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Geographical segmentation

Part 07: Decision framework

Part 08: Drivers and challenges

Part 09: Market trends

Part 10: Vendor landscape

Part 11: Key vendor analysis

Part 12: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/9k9c5m/global_automotive