Rising disposable income and increasing sales of premium vehicles and SUVs to drive the growth of the headlight control module market
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. Given below are a few key reasons driving the market for headlight control modules:
- Production of the SUV segment in India grew from 0.65 million units in 2016 to 0.97 million units in 2018 and the growth is expected to continue in the near future
- Production of the luxury segment (D and E) in China grew from 2.5 million in 2016 to 3.4 million units in 2018
- Moreover, production of the luxury SUV segment (SUV C and SUV D) increased from 2.31 million units in 2016 to 2.81 million units in 2018
- Haval H4, Tiggo 8, BMW X3, and SWM X7, among others, were a few models that were produced using adaptive lights in China in 2018
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.
The headlight control module market is consolidated and dominated by a few global players. The key players in the market are Hella (Germany), Valeo (France), Continental (Germany), Denso (Japan), Hyundai Mobis (South Korea), Aptiv (Ireland), Osram (Germany), Magnetic Marelli (Italy), ZKW (Austria), Renesas (Japan), Lear Corporation (United States), Koito (Japan), NXP (Netherlands), Keboda (China), and Keetec (Slovakia)
- By Company Type: Tier I - 20%, Tier II - 40%, Tier III- 40%
- By Designation: C level - 20%, Director Level– 20%, Others– 60%
- By Region: Asia Pacific - 50%, Europe - 20%, North America - 20%, RoW – 10%
Note 1: Tier 1, Tier 2, and Tier 3 companies are classified based on their market shares, product portfolio, and regional & global presence. Tier 1: revenue more than USD 1 billion; Tier 2: revenue between USD 501 and USD 999 million; and Tier 3: revenue between USD 101 and 500 million.
Note 2: Others include Design Engineer, Exterior Lighting Designer, etc.
The study includes an in-depth competitive analysis of these key players in the headlight control module market, with their company profiles, SWOT analysis of the top 5 companies, recent developments, and key market strategies.
Research Coverage
The headlight control module market has been segmented by technology (halogen, LED, and xenon), by function (on/off function, bending/curve lights, cornering lights, high beam assist, and headlight leveling), by vehicle type (passenger car and light commercial vehicle), by passenger vehicle segment (segment A, B, C, D, E, & F, SUV segment A, B, C, D, & E, and MPV), by region - Asia Pacific (China, India, Japan, South Korea, and Thailand), Europe (France, Germany, Italy, Russia, Spain, and the UK), North America (Canada, Mexico, and the US), and RoW (Brazil and South Africa)
Key Benefits of Buying the Report:
This report provides insights with reference to the following points:
Market Size, by product type technology: The report offers in-depth market sizing and forecast up to 2027, in terms of value, by headlight technology (halogen, LED, and xenon).
Market Size, by function: The report offers in-depth market sizing and forecast up to 2027 in terms of value, by functions of headlight control module (on/off function, bending/curve lights, cornering lights, high beam assist, and headlight leveling).
The report provides competitive leadership mapping that profiles key players as visionary leaders, innovators, dynamic differentiators, and emerging companies.
The report also provides Revenue Impact section that helps the headlight control module manufacturers to understand the key impacting factors for the headlight control module market.
Market Development: The report provides comprehensive information about lucrative emerging markets for the headlight control module market across regions.
Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the headlight control module market.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Report
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Market Crackdown and Data Triangulation
2.6 Assumptions
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
List of Tables
Table 1 Currency Exchange Rates (Wrt USD)
Table 2 Global Market, By Technology, 2019–2027 (USD Million)
Table 3 Global Market, By Vehicle Type, 2019–2027 (USD Million)
Table 4 Global Market, By Passenger Vehicle Segment Type, 2019–2027 (USD Million)
Table 5 Global Market, By Function, 2019–2027 (USD Million)
Table 6 Global Market, By Region, 2017–2027 (USD Million)
Table 7 North America HCM Market, By Country, 2017–2027 (USD Million)
Table 8 Recent Developments: Hella
Table 9 Recent Developments: Valeo
Table 10 Recent Developments: Continental
Table 11 Recent Developments: Denso
Table 12 Recent Developments: Aptiv
Table 13 Recent Developments: Osram
Table 14 Recent Developments: Magnetic Marelli
Table 15 Recent Developments: ZKW
Table 16 Recent Developments: Renesas
Table 17 Recent Developments: Lear Corporation
Table 18 Recent Developments: Hyundai Mobis
Table 19 Recent Developments: Koito Manufacturing
List of Figures
Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Bottom-Up Approach
Figure 6 Automotive Headlight Control Module Market: Data Triangulation
Figure 7 Insights From Primary Interviews
Figure 8 Growth By Vehicle Type (2019–2027)
Figure 9 Growth By Technology (2019–2027)
Figure 10 Growth By Passenger Vehicle Segment (2019-2027)
Figure 11 Growth By Function (2019–2027)
Figure 12 Regional Variation
Figure 13 Growth of Total Market (2019–2027)
Figure 14 Market Growth, By Region
Figure 15 Top Players
Figure 16 Country-Wise Growth
Figure 17 Market Dynamics
Figure 18 Ratings Provided By Iihs to Various Models in the US
Figure 19 Global Luxury Car Sales Volume
Figure 20 Product Life Cycle: HCM Market
Figure 21 Porter’s 5 Forces: HCM Market
Figure 22 Market Share Analysis: By Technology
Figure 23 HCM Market Forecast, By Halogen Headlamp Technology (2017–2027)
Figure 24 HCM Market Forecast, By Led Headlamp Technology (2017–2027)
Figure 25 HCM Market Forecast, By Xenon Headlamp Technology (2017–2027)
Figure 26 Market Share Analysis: By Vehicle Type
Figure 27 HCM Market Forecast, for Passenger Car (2017–2027)
Figure 28 HCM Market Forecast, for LCV (2017–2027)
Figure 29 Market Share Analysis: By Passenger Vehicle Segment Type
Figure 30 HCM Market Forecast, for A Segment Passenger Car (2017–2027)
Figure 31 HCM Market Forecast, for B Segment Passenger Car (2017–2027)
Figure 32 HCM Market Forecast, for C Segment Passenger Car (2017–2027)
Figure 33 HCM Market Forecast, for D Segment Passenger Car (2017–2027)
Figure 34 HCM Market Forecast, for E Segment Passenger Car (2017–2027)
Figure 35 HCM Market Forecast, for F Segment Passenger Car (2017–2027)
Figure 36 HCM Market Forecast, for SUV A Segment Passenger Car (2017–2027)
Figure 37 HCM Market Forecast, for SUV B Segment Passenger Car (2017–2027)
Figure 38 HCM Market Forecast, for SUV C Segment Passenger Car (2017–2027)
Figure 39 HCM Market Forecast, for SUV D Segment Passenger Car (2017–2027)
Figure 40 HCM Market Forecast, for SUV E Segment Passenger Car (2017–2027)
Figure 41 HCM Market Forecast, for MPV Segment Passenger Car (2017–2027)
Figure 42 Market Share Analysis: By Function
Figure 43 HCM Market Forecast, for On/Off Function (2017–2027)
Figure 44 HCM Market Forecast, for Bending/Cornering Function (2017–2027)
Figure 45 HCM Market Forecast, for High Beam Assist (2017–2027)
Figure 46 HCM Market Forecast, for Headlight Leveling (2017–2027)
Figure 47 HCM Market, Country Wise Growth, By Value
Figure 48 HCM Market Value (USD Billion), 2017 – 2027
Figure 49 HCM Market Share, By Region, 2019– 2027
Figure 50 North America: Market Snapshot
Figure 51 North America Market Share Analysis
Figure 52 US: Market Forecast, (USD Million), 2017 – 2027
Figure 53 US: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 54 Canada: Market Forecast, (USD Million), 2017 – 2027
Figure 55 Canada: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 56 Mexico: Market Forecast, (USD Million), 2017 – 2027
Figure 57 Mexico: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 77 UK: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 78 Spain: Market Forecast, (USD Million), 2017 – 2027
Figure 79 Spain: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 80 Italy: Market Forecast, (USD Million), 2017 – 2027
Figure 81 Italy: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 82 Russia: Market Forecast, (USD Million), 2017 – 2027
Figure 83 Russia: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 84 Row: Market Snapshot
Figure 85 Rest of the World Market Share Analysis
Figure 86 Brazil: Market Forecast, (USD Million), 2017 – 2027
Figure 87 Brazil: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 88 South Africa: Market Forecast, (USD Million), 2017 – 2027
Figure 89 South Africa: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 90 Organic and Inorganic Developments
Figure 91 Organic and Inorganic Developments
Figure 92 Organic and Inorganic Developments
Figure 93 Organic and Inorganic Developments
Figure 94 Organic and Inorganic Developments
Figure 95 Top Companies as Per Headlight Control Module Market
Figure 96 Top 15 Companies
Figure 97 Competitive Leadership Dashboard
Figure 98 Company Snapshot: Hella
Figure 99 SWOT Analysis: Hella
Figure 100 Company Snapshot: Valeo
Figure 101 SWOT Analysis: Valeo
Figure 102 Company Snapshot: Continental
Figure 103 SWOT Analysis: Continental
Figure 104 Company Snapshot: Denso Corporation
Figure 105 SWOT Analysis: Denso Corporation
Figure 106 Company Snapshot: Aptiv
Figure 107 SWOT Analysis: Aptiv
Figure 108 Company Snapshot: Osram
Figure 109 SWOT Analysis: Osram
Figure 110 Company Snapshot: Renesas
Figure 111 Company Snapshot: Lear Corporation
Figure 112 Company Snapshot: Hyundai Mobis
Figure 113 Company Snapshot: Koito Manufacturing
Samples
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Companies Mentioned
- Aptiv
- Continental AG
- Denso
- Hella
- Hyundai Mobis
- Keboda
- Keetec
- Koito
- Lear Corporation
- Magneti Marelli
- NXP
- Osram
- Renesas
- Valeo
- ZKW
