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High Beam Assist Market

High Beam Assist Market Forecasts to 2028 – Global Analysis By Function (Bending, High Beam Assist), Technology (LED, Xenon), Vehicles Type (Cars, Commercial Vehicle), Vehicle Segment (SUV A, SUV B, SUV C, SUV D) and By Geography

4.2 (24 reviews)
Published: June 2021 ID: SMRC20633
4.2 (24 reviews)
Published: June 2021 ID: SMRC20633

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global High Beam Assist Market is accounted for $3.75 billion in 2020 and is expected to reach $6.12 billion by 2028 growing at a CAGR of 6.3% during the forecast period. The increasing concern of customers for personal safety, vehicle’s automatic high beam system helps improve visibility while driving at night and in fog are the major factors driving the market growth. However, latest technology such as the adaptive intelligent front lighting system, which has the function of adjusting the headlight beam is restraining the market growth.

The high beam assist perceive oncoming vehicles at night, shift headlights between main and dipped beam automatically. It makes the nocturnal driving less stressful as it’s a very clever bit of kit. High beam assist is valuable for driver while driving vehicle as it gives the programmed high pillar. The headlight control modules make use of images from the video cameras to measure ambient light and assess the distance between vehicles ahead in heavy traffic. By controlling the on/off function of the vehicles headlights through traffic detection, the headlight control module improves driver visibility at night or in bad weather. As the headlight control module persistently monitors the headlight beam, the driver can go round the headlight constantly or at low beam without interrupting other vehicles. According to road traffic, it not only controls the segmentations or range of the beam, but also the width of the light.

Based on technology, the light-emitting diode (LED) segment is estimated to have a lucrative growth, as LED highlights are generally offered in high-end vehicles due to their various advantages, such as lower power consumption, more adaptive functionality, and aesthetic appearance. Owing to these features, LED is considered to be the main market for headlight control modules and is expected to continue the same in the future.

By geography, Asia Pacific is going to have high growth during forecast period due to high consumer adoption and high car sales. China and Japan have obtained the largest market shares due to the high production and sales of vehicles in the domestic market. Furthermore, producers in these nations are zeroing in on innovative progressions, including lighting, which is driving interest for high beam assist modules. Increasing consumer per capita income and high SUV sales in emerging economies like India will further boost the market.

Some of the key players profiled in the High Beam Assist Market include Advance Leading Technology Co, Hella GmbH & Co KGaA, Koito Mahufacturing Co. Ltd, Magnetti marelli SPA, North America Lighting Inc and Osram GmbH.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 3.75 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

6.3%

Predicted 2028 Value:

USD 6.12 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

156

Chapters Covered:

Function, Technology, Vehicle Type, Vehicle Segment, and Region

Core Drivers and Opportunities:

  • Increasing concern of customers for personal safety
  • Vehicle’s automatic high beam system helps improve visibility

Restraining Factors & Market Threats:

  • latest technology such as the adaptive intelligent front lighting system


Functions Covered:
• Bending/Cornering
• Headlight Leveling
• High Beam Assist
• On/Off Function

Technologies Covered:
• Halogen
• Light-Emitting Diode (LED)
• Xenon

Vehicles Type Covered:
• Passenger Car
• Commercial Vehicle

Vehicle Segments Covered:
• A Segment
• B Segment
• C Segment
• D Segment
• E Segment
• F Segment
• SUV A Segment
• SUV B Segment
• SUV C Segment
• SUV D Segment
• SUV E Segment
• MPV Segment

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years (2019, 2020, 2021, 2025, and 2028)
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global High Beam Assist Market is majorly driven by increasing concern of customers for personal safety and vehicle’s automatic high beam system helps improve visibility while driving at night.

The light-emitting diode (LED) segment is growing at a highest CAGR owing to their various advantages, such as lower power consumption, more adaptive functionality, and aesthetic appearance.

North America dominated with a significant market share due to the factors such as high rate of adoption of advanced technologies and oversized vehicle fleet in the region.

Asia Pacific market is growing at a highest CAGR owing to high consumer adoption and high car sales in the region.

Key players in High Beam Assist Market include Advance Leading Technology Co, Hella GmbH & Co KGaA, Koito Mahufacturing Co. Ltd, Magnettimarelli SPA, North America Lighting Inc and Osram GmbH.

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