Automotive Projector Headlamps Market: Introduction
Headlamps are important in a vehicle. Projector headlamps are high beam lights that can project light farther than ordinary or conventional lamps used in vehicles. Automotive projector headlamps are used by major automakers in their vehicles, owing to technological developments in projector headlamps that have led to improved efficiency and lowered power consumption of vehicles. Automotive projector headlamps are used in combination with several different types of lights, such as laser, LED, and others. The average lifespan of a laser headlamp is much higher than that of its counterparts due to the presence of less moving objects or filaments. The light projected by laser headlamps is highly focused light and operation of the lights fast, which is the major reason for the adoption of laser headlamps.
Automotive Projector Headlamps Market: Competition Landscape
HELLA GmbH & Co.
HELLA GmbH & Co. was founded in 1899 and is headquartered in Lippstadt, Germany. The company manufactures automotive parts across the globe. It operates in over 118 locations spread across 35 countries and has over 40,000 employees. The company primarily operates through the following business segments: Lighting, electronics, and aftermarket & special applications. Its products include headlights, warning lights, flashers, buzzers, and horns.
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Robert Bosch GmbH
Robert Bosch GmbH was founded in 1886 and is based in Gerlingen, Germany. The company operates through four major business segments: Consumer goods (household appliances and power tools), mobility (hardware and software), industrial technology (drive and control), and energy & building technology. Under the mobility segment, the company offers diverse products, such as electric motors, brake shoes, lightings, and display systems. It is a leading supplier of automotive parts to the automobile industry.
OSRAM GmbH was established in 1919 and is headquartered in Munich, Germany. OSRAM GmbH is a brand of the OSRAM Group, which owns several other brands, such as Vixar, SYLVANIA Automotive, Traxon, Digital Lumens, Fluence, Clay Paky, ADB Stagelight, LED Engin, and b,a,g.
Valeo S.A. was founded in 1923 and is headquartered in Paris, France. Valeo S.A. is a leading supplier of components to the global automotive industry. The company had over 113,600 employees in 2018. It operates through more than 186 production units located across 33 countries worldwide. The company provides various solutions, such as driving assistance systems, powertrain systems, thermal systems, and visibility systems for the global automotive industry.
Rise in Demand for High-quality Bright Headlamps in Vehicles
The demand for high-quality lamps in vehicles is a major factor driving the automotive projector headlamps market. Headlamps are among the major components of a vehicle, as they enable safe driving in low light, bad weather, or at night. Presently, vehicles are equipped with various types of lights to assist the driver in safe driving. The automakers are using technologies like automotive high-beam light control systems to reduce the impact of light/illumination directly on the eyes of the driver approaching from the counter side. These factors are likely to the drive the automotive projector headlamps market.
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Global Automotive Projector Headlamps Market: Segmentation
The global automotive projector headlamps market can be segmented based on:
- Lights Type
- Sales Channel
- Vehicle Type
Global Automotive Projector Headlamps Market, by Lights Type
In terms of lights type, the global automotive projector headlamps market can be classified into:
- LED Lights
Global Automotive Projector Headlamps Market, by Wattage
Based on wattage, the global automotive projector headlamps market can be divided into:
- Less than 15 Watts
- 15-25 watts
- More than 25 Watts
Global Automotive Projector Headlamps Market, by Sales Channel
On the basis of sales channel, the global automotive projector headlamps market can be bifurcated into:
Global Automotive Projector Headlamps Market, by Vehicle Type
In terms of vehicle type, the global automotive projector headlamps market can be segregated into:
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
The report on the global automotive projector headlamps market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
Regional analysis for the global automotive projector headlamps market includes:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa (MEA)
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.