Global Headlight Control Module Market to 2027 - Increasing Sales of Premium Vehicles and SUVs to Drive the Growth - ResearchAndMarkets.com

DUBLIN--()--The "Headlight Control Module Market by Technology (Halogen, LED, Xenon), Application, Vehicle Type, Passenger Vehicle Segment, And Region- Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Rising disposable income and increasing sales of premium vehicles and SUVs to drive the growth of the headlight control module market

The Headlight Control Module Market is Projected to Grow from USD 3.6 Billion in 2019 to USD 5.0 Billion in 2027 at a CAGR of 4.3% during the Forecast Period.

Headlight control modules are installed typically in premium vehicles and SUVs as a superior feature. The increasing sales of these cars are expected to drive the growth of the market. Moreover, consumers are becoming more aware regarding the benefits of the headlight control module like better visibility of roads, especially at night and during low-visibility weather conditions. Furthermore, the rising sales of electrified, semi-autonomous, and autonomous vehicles are expected to open new opportunities for the growth of the market over the next few years.

Passenger vehicle segment is expected to be the fastest-growing segment during the forecast period

The headlight control modules are used mostly in passenger vehicles where the customer is aware of the benefits of adaptive headlights and is ready to invest. Moreover, advancing technology catering to this vehicle segment coupled with quick consumer adaptability for these modules is expected to drive the growth of the market during the forecast period.

Headlight control module used in the SUV-C vehicle segment is expected to lead the market globally

SUV-Cs were the largest buyers of headlight control modules as these vehicles are driven typically through rough terrains and weather. Thus, consumers willingly invest in these modules as they provide better visibility, subsequently enhancing the safety of the driver and passengers. Moreover, the rising sales of SUV-Cs over recent years has driven sales of headlight control modules and this trend is expected to continue during the forecast period.

Headlight leveling and bending/cornering feature are expected to be the fastest-growing segments

Advancements in the technology and ever-increasing demand for efficient headlights have resulted in the growth of automotive lights. Leveling and bending/cornering headlight control modules have garnered tremendous popularity over the past few years on account of their ease of use and effective highlighting of roads and paths before turning. This is especially useful on sharp turns and bends on high altitudes. Rising consumer awareness regarding safety has resulted in driving the headlight control module market growth.

Asia Pacific is the largest market for the headlight control module, followed by North America

Asia Pacific has been witnessing significant growth in the new car sales volume over the past few years, especially in emerging economies such as China and India. High disposable income of consumers and quick adoption of advancing technology, especially in vehicles is expected to drive the demand for headlight control modules.

Many new models in the US that started offering LED adaptive headlights are Cadillac XT4, Honda Insight, Honda Passport, Opel Ampera-e, and BMW X7, among others. Moreover, the models that started offering adaptive halogen technologies include Holden Acadia, Ford Ranger, and Subaru Ascent, among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.2 Restraints

5.2.3 Opportunities

5.2.4 Challenges

6 Global Market, By Technology

6.1 Introduction

6.2 Halogen

6.3 Led

6.4 Xenon

7 Global Market, By Function

7.1 Introduction

7.2 On/Off Function

7.3 Bending/Cornering

7.4 High Beam Assist

7.5 Headlight Levelling

8 Global Market, By Vehicle Type

8.1 Introduction

8.2 Passenger Car

8.3 Light Commercial Vehicle

9 Passenger Car HCM Market, By Vehicle Segment

9.1 Introduction

9.2 A Segment

9.3 B Segment

9.4 C Segment

9.5 D Segment

9.6 E Segment

9.7 F Segment

9.8 Suv A Segment

9.9 Suv B Segment

9.1 Suv C Segment

9.11 Suv D Segment

9.12 Suv E Segment

9.13 Mpv Segment

10 Global Market, By Region

10.1 Introduction

10.2 Asia Pacific

10.2.1 China

10.2.2 Japan

10.2.3 India

10.2.4 South Korea

10.2.5 Thailand

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Spain

10.3.5 Russia

10.3.6 Italy

10.4 North America

10.4.1 US

10.4.2 Mexico

10.4.3 Canada

10.5 Row

10.5.1 Brazil

10.5.2 South Africa

11 Competitive Landscape

11.1 Introduction

11.2 Competitive Leadership Mapping

11.2.1 Introduction

11.2.2 Visionary Leaders

11.2.3 Innovators

11.2.4 Dynamic Differentiators

11.2.5 Emerging Companies

11.3 Competitive Leadership Mapping: Headlight Control Module Manufacturers, 2018

11.3.1 Competitive Benchmarking

11.3.2 Company-Wise Business Strategy Analysis

11.3.3 Company-Wise Product Offering Analysis

11.4 HCM Market Share Analysis

11.5 Competitive Situation & Trends

11.5.1 Expansion

11.5.2 Supply Contracts

11.5.3 New Product Launches/Developments

11.5.4 Agreements/Partnerships

12 Company Profiles

12.1 Introduction

12.2 Hella

12.3 Continental AG

12.4 Magneti Marelli

12.5 Valeo

12.6 ZKW

12.7 Renesas

12.8 Lear Corporation

12.9 Hyundai Mobis

12.10 Aptiv

12.11 NXP

12.12 Denso

12.13 Additional Companies

12.13.1 Koito

12.13.2 Keboda

12.13.3 Osram

12.13.4 Keetec

For more information about this report visit https://www.researchandmarkets.com/r/gakwb9

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Related Topics: Cars, Automotive Manufacturing, Automotive Body, Trim and Glass

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Cars, Automotive Manufacturing, Automotive Body, Trim and Glass