Published on : Dec 16, 2015
The main function of automotive lighting is to offer safety while driving by ensuring clear visibility to the vehicle driver under dark weather and during the night. Automotive lighting system includes signaling and lighting devices that are fitted in to the front, interior, exterior, and rear sides of the vehicles for clear visibility. Rising awareness among people about safe driving has generated demand for automotive lighting in the recent past. Active intelligent lighting system and advanced front lighting system are two of the common technologies that uses vehicle navigation system to ensure clear visibility to the auto drivers.
The global automotive lighting market is expected to expand in the years to come due to factors such as increasing manufacture and sales of commercial vehicles. Stringent government regulations and technological advancements are expected to further spur the global automotive lighting market. Rising purchasing power, improved standard of living, and growing population will create new opportunities for the global automotive lightening market during the course of the forecast period.
High cost of LEDs act as one of the major restraint for the global automotive lighting market. However factors such as low energy consumption and longer life of the LEDs will encourage the market participants to create new strategies. Increasing adoption of OLEDs and deployment of Advanced Forward Lighting System (AFS) technology in LEDs are two of the major technical advancements expected to boost the growth of the market.
The use of traditional automotive lights, which consume more energy, has reduced since the recent past. The automotive lighting system manufacturers are focusing on developing advanced auto lighting technologies that consume less energy and are highly efficient. Advanced lighting technologies produce more than twice light as compared to other traditional lamps. Certainly, automotive lighting systems are superior to the traditional auto lamps in all aspects. Increasing production of vehicles and increasing purchasing power of the people is expected to boost the global automotive lighting market in the years to come.
Increasing demand for automotive lighting technologies such as HID/Xenon, Halogen, and LED lamps is due to its features such as long life and low energy consumption. The preference of the people is predicted to shift from Halogen automotive lighting technology to LED automotive lighting technology in the years to come due to increasing disposable income.