Market Overview:
The global headlight market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced and energy-efficient headlights, such as LED headlights and laser headlights. Additionally, the increasing adoption of adaptive lighting systems is also contributing to the growth of this market. The global headlight market can be segmented on the basis of type into halogen headlights, xenon headlights, adaptive lighting headlights, LED headlights, laser headlights, and other types.
Product Definition:
A headlight is a lamp attached to the front of a vehicle to light the road ahead. The importance of headlights is that they allow drivers to see in low-light conditions and avoid accidents.
Halogen Headlight:
A halogen headlight is a lamp that uses the element halo for illumination. The main reason for its adoption is cost effectiveness. A standard halogen lamp produces light with an intensity equivalent to a 40-watt bulb and has a life of around five years, while conventional incandescent lamps have an intensity equivalent to only about one-fifth of a standard halogen lamp and last up to ten years.
Xenon Headlight:
Xenon is a type of gas that produces light when exposed to an electric current. It has longer and brighter light than the conventional halogen lamp. The longer wavelength of xenon makes it useful for lighting applications with high output power, which is why it is used in car headlamps.
Application Insights:
OEMs held the largest market share of over 90% in 2017. The headlight is one of the essential components for a vehicle, which requires good quality to perform its function. OEMs have strict protocols regarding their suppliers and they usually require a proof of concept that shows functionality as well as safety for developing new products. This has resulted in high adoption of adaptive lighting headlights and LED headlights by major car manufacturers including Ford Motor Company, General Motors Company, Volkswagen AG and BMW AG among others. Adaptive lighting headlights are considered to be an aftermarket product since they are not directly integrated into vehicles but rather attached using adaptor rings or bezels along with halogen or LED-based light sources used in vehicles on a global scale.
Regional Analysis:
North America dominated the global headlight market in 2017. The growth is majorly attributed to increasing demand for high-performance vehicles and rising consumer awareness about vehicle safety systems. Moreover, stringent government regulations regarding headlights are also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid industrialization and growing automotive industry in countries such as India, China, Japan, South Korea and Taiwan. Furthermore, improving road infrastructure coupled with a rise in disposable income will boost product demand further driving overall revenue of Asia Pacific region during that period. ‰â€˜”©â€™Xenon XPT Technology”™ was first introduced by Toyota Motor Corporation (TMC)in 2013 for its Lexus models which were equipped with Hybrid Synergy Drive system (HSD).
Growth Factors:
- Increasing demand for automobiles
- Technological advancements in headlight products
- Stringent safety norms by regulatory authorities
- Rising disposable income of consumers
- Growing awareness about the benefits of using headlights
Scope Of The Report
Report Attributes
Report Details
Report Title
Headlight Market Research Report
By Type
Halogen Headlight, Xenon Headlight, Adaptive Lighting Headlight, LED Headlight, Laser Headlight, Other
By Application
OEMs, Aftermarket
By Companies
GE Lighting, Osram, Philips, Hella, Magneti Marelli, PIAA, Valeo, Hyundai Mobis, ORACLE Lighting, Lumileds, Wagner, M, Vision X, Stanley Electric, Spyderauto
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Headlight Market Report Segments:
The global Headlight market is segmented on the basis of:
Types
Halogen Headlight, Xenon Headlight, Adaptive Lighting Headlight, LED Headlight, Laser Headlight, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Lighting
- Osram
- Philips
- Hella
- Magneti Marelli
- PIAA
- Valeo
- Hyundai Mobis
- ORACLE Lighting
- Lumileds
- Wagner
- M
- Vision X
- Stanley Electric
- Spyderauto
Highlights of The Headlight Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Halogen Headlight
- Xenon Headlight
- Adaptive Lighting Headlight
- LED Headlight
- Laser Headlight
- Other
- By Application:
- OEMs
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Headlight Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A headlight is a small, lighted device that is mounted on the front of a vehicle to allow the driver to see while driving at night or in low-light conditions.
Some of the major players in the headlight market are GE Lighting, Osram, Philips, Hella, Magneti Marelli, PIAA, Valeo, Hyundai Mobis, ORACLE Lighting, Lumileds, Wagner, M, Vision X, Stanley Electric, Spyderauto.
The headlight market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Headlight Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Headlight Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Headlight Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Headlight Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Headlight Market Size & Forecast, 2020-2028
4.5.1 Headlight Market Size and Y-o-Y Growth
4.5.2 Headlight Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Halogen Headlight
5.2.2 Xenon Headlight
5.2.3 Adaptive Lighting Headlight
5.2.4 LED Headlight
5.2.5 Laser Headlight
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Headlight Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Headlight Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Halogen Headlight
9.6.2 Xenon Headlight
9.6.3 Adaptive Lighting Headlight
9.6.4 LED Headlight
9.6.5 Laser Headlight
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Halogen Headlight
10.6.2 Xenon Headlight
10.6.3 Adaptive Lighting Headlight
10.6.4 LED Headlight
10.6.5 Laser Headlight
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Halogen Headlight
11.6.2 Xenon Headlight
11.6.3 Adaptive Lighting Headlight
11.6.4 LED Headlight
11.6.5 Laser Headlight
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Halogen Headlight
12.6.2 Xenon Headlight
12.6.3 Adaptive Lighting Headlight
12.6.4 LED Headlight
12.6.5 Laser Headlight
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Halogen Headlight
13.6.2 Xenon Headlight
13.6.3 Adaptive Lighting Headlight
13.6.4 LED Headlight
13.6.5 Laser Headlight
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Headlight Market: Competitive Dashboard
14.2 Global Headlight Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Lighting
14.3.2 Osram
14.3.3 Philips
14.3.4 Hella
14.3.5 Magneti Marelli
14.3.6 PIAA
14.3.7 Valeo
14.3.8 Hyundai Mobis
14.3.9 ORACLE Lighting
14.3.10 Lumileds
14.3.11 Wagner
14.3.12 M
14.3.13 Vision X
14.3.14 Stanley Electric
14.3.15 Spyderauto
