Its 2019 and the automotive lighting industry is witnessing a number of evolving new technologies giving rise to innovative product offerings being introduced by various vendors to improve safety and performance and to enhance the look and appeal. Greater is the focus on vehicle safety and increasing is the customer demand for superior road illumination. These are the influences that are driving the market. Since the introduction of LED and laser lights, the demand from auto manufacturers has been increasing for OE supply with an emphasis on vehicle styling. Likewise, there also exists a latent demand for aftermarket upgrade kits.
It’s a highly fragmented global automotive lighting system market having a number of regional local providers. It’s a market largely dependent on automobile sales and what drives it is the increase in automobile production and regulatory mandates. The growth in market demand for what’s the latest in technology, has resulted in an intense competition among the auto manufacturers as well as the automotive lighting system manufacturers. The best brands of product offerings come in many forms. Some top brands make headlights for everyday use, while others manufacture products for off-road drivers. A few well known companies make supplemental headlights that provide added illumination while in case of others, auto lighting systems is just one of the many product lines.
Hella for instance is in fact involved in design and selling of lighting technology and systems, and electronic components for the automotive industry worldwide. The manufacturer specializes in headlamps and electric control circuits. In the lighting segment, it offers work lights, front lights, headlights, taillights, beacons, and interior lights with halogen, xenon, and LED technologies for its lighting systems.
The other example is KOITO. Its entire range of offerings covers electrical equipment, aircraft parts, automotive lighting equipment, and other products as well. The products are used in various applications that include transportation, aviation, traffic systems, railways, and shipping. It has a presence in more than 29 subsidiaries and four manufacturing plants across five major regions of the world which are North America, Europe, Asia, Japan, and China.
An important entity in the auto lighting space is Magneti Marelli supplying automotive parts and lighting systems. It designs and manufactures lighting systems and components in the automotive industry. The product lines include automotive lighting, powertrain, electronic systems, suspension systems, exhaust systems, plastic component and modules, aftermarket parts and services, and motorsport.
A well known brand in auto lighting is OSRAM and it provides lamps, luminaires and lighting solutions. The complete product range covers retail, supermarkets, automotive applications, industrial buildings, medical applications, hospitality, and street and urban markets. The provider offers lighting solutions for cars, motorcycles, and trucks.
An important supplier of auto lighting products is Valeo. In partnership with automakers worldwide, it provides innovative systems and products which help in CO2 emissions reduction and improved vehicle performance. It also develops systems for intuitive driving. Valeo is an OE supplier to BMW, BYD Auto, Ford, Honda, Hyundai Group, Mitsubishi, Renault-Nissan, Suzuki, Tata Motors, Toyota, Volkswagen Group, and the Volvo Group.
Spec-D is one of the most popular headlight manufacturers because of the wide variety of products. From projector style to Fiber Optic LED lights to custom models, Spec-D has it all. Spyder and SEALIGHT also are two trusted brands in LED automobile lighting systems.