Automotive Dynamic Spotlight Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


#14307

Future Market Insights

$ 5000

The automotive dynamic spotlight automatically draws the attention of the driver towards the possible collision by triggering a fast, intuitive reaction for the driver. The automotive dynamic spotlight with its night-vision enhancement technology can positively recognize persons at a distance of 97 meters on an average. It also ensures a recognition of hazard from around 100 meters, irrespective of the weather conditions. The light marking system of the automotive dynamic spotlight has a sufficient perceptive system. The automotive dynamic spotlight system ensures increased safety through the targeted illumination of pedestrians by the road side or on the road. The system also uses sensors to identify the potentially endangered objects in the driver’s surroundings. Some of the top luxury car manufacturers use automotive dynamic spotlight technology in their cars for advanced safety features. The automotive dynamic spotlight is a useful safety feature especially for the baby boomers whose eyesight isn’t crisp. The rate of pedestrian fatalities in countries such as US, Japan, and China coupled with the increasing number of accidents due to the involvement of animals crossing the road suddenly; has led to the need for inclusion of automotive dynamic spotlight in the vehicles. The automotive dynamic spotlight inclusion in the vehicles can be instrumental in saving the life of occupants as well as pedestrians and is considered as one of the most outstanding innovations in the field of vehicle and safety engineering.

 

Automotive Dynamic Spotlight Market: Market Dynamics

The growing demand for vehicles with pedestrian and driver safety features is fueling the growth of the automotive dynamic spotlight market. The increasing demand for vehicles with additional safety features is also driving the market growth. The need to reduce the CO2 emissions from infra-red night vision systems is also contributing to the growth of the automotive dynamic spotlight market; automotive dynamic spotlight being a better alternative to it.However, the high initial cost of investment is a restraining factor for the growth of automotive dynamic spotlight market. The inclusion of dynamic spotlight in the car, it being manufactured with rare and expensive technology, further increases the cost of the car. Another challenge is the permit issues from organizations such as the US headlight regulations regarding flashing the lights. Such sudden flashing of lights can baffle other drivers.The safety features of the automotive dynamic spotlight such as thermal imaging camera can help significantly reduce the risk of accidents in the night time, thus widening the scope of its market. The glare free high beam assistant of the automotive dynamic spotlight recognizes trucks, motorcycles, cars and even bicycles even if the light is inadequate; which also creates opportunities for further growth of the market as it offers the highest possible beam illumination, without dazzling the other drivers. One of the prominent trends in the global automotive dynamic spotlight market is the feature of a larger range of recognition that too without the requirement of any other source of light. Companies such as BMW UK, are manufacturing automotive dynamic spotlight with night-vision based on the heat radiation’s detection by the surrounding objects. Also, their susceptibility to the impact of weather conditions is less.

Automotive Dynamic Spotlight Market: Market Segmentation

The global automotive spotlight market can be segmented by the type of vehicles:

  • Passenger cars (PC)

  • Light commercial vehicles (LCV)

  • Heavy commercial vehicles (HCV)

It can also be segmented by the technology used:

  • Infrared Camera

  • Thermal Imaging camera

Automotive Dynamic Spotlight Market: Regional Outlook

The global automotive dynamic spotlight market geographically is segmented as North America, Eastern Europe, Western Europe, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. North America and Europe hold a significant market share of automotive dynamic spotlight market owing to the increasingly stringent regulations for pedestrian safety. Furthermore, the increase in R & D activities related to automobile technology, wherein automotive dynamic spotlight enhances vehicle’s safety standards; aids in boosting the growth of automotive dynamic spotlight market in the region. The market in the APEJ is more inclined towards growing demand for automotive dynamic spotlight because of the increasing demand for vehicles with advanced safety features from high-end consumers.

Automotive Dynamic Spotlight Market: Prominent Players

Some of the prominent players in the global automotive dynamic spotlight market are:

  • Autoliv Inc.

  • Robert Bosch GmbH

  • BMW UK

  • Mercedes Benz USA LLC

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.