Global High Beam Assist Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Technology (Halogen, LED, Xenon), Function (On/Off Function, Bending/ Cornering, High Beam Assist, Headlight Levelling), Vehicle Type (Passenger Car and Commercial Vehicle), Vehicle Segment (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) And Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) - Industry Analysis From 2024 to 2032

Updated On: June, 2024
ID: 10948
Pages: 150

Global High Beam Assist Market Size (2024 to 2032)

The global high beam assist market was valued at USD 3.94 billion in 2023 and is anticipated to reach a valuation of USD 4.12 billion in 2032 from USD 5.95 billion by 2032, growing at a CAGR of 4.68% from 2024 to 2032.

The high beam assist gives the programmed high pillar, which is valuable for the driver while driving a vehicle, particularly on the parkway, as it consequently switches between the low bar and high shaft, contingent upon traffic going ahead the other heading. The headlight control module uses images from the video camera to measure ambient light and assess the distance between the vehicles ahead in heavy traffic. The Headlight Control Module improves driver visibility at night or in bad weather by controlling the on/off function of the vehicle's headlights through traffic detection. Since the headlight control module constantly monitors the headlight beam, the driver can turn the headlight continuously or at a low beam without disturbing other vehicles. The headlight control module not only controls the segmentation or range of the beam but also the width of the light according to road traffic conditions.

Market Drivers

The demand for automatic high beam systems for vehicles is expected to increase at a significant rate due to the increasing concern of customers for personal safety. The vehicle's automatic high beam system helps improve visibility while driving at night and in fog. The technology also helps reduce the disturbance of high-beam flashing on the driver of vehicles coming from the opposite direction.

Market Restraints

However, the growth of the auto high beam market for vehicles is expected to be affected due to the latest technology such as the adaptive intelligent front lighting system, which has the function of adjusting the headlight beam.

Impact Of COVID-19 On The High Beam Assist Market

The coronavirus outbreak has disrupted the automotive supply chain globally. The pandemic has not only disrupted manufacturing facilities around the world but vehicle sales around the world as well. The suspension of manufacturing facilities and new vehicle sales affected the production of automotive lighting components. Demand for conventional and electric vehicles is expected to trend downward in 2020, further impacting the automotive lighting market. Besides, the investments in R&D are supposed to be affected predominantly, hampering the development of novel lighting solutions in vehicles. The demand for lighting is mainly proportional to the production of vehicles. Now, with the COVID-19 outbreak, vehicle production, as well as sales, has seen a significant drop and is expected to show a 20% drop in 2020. This drop is expected to have a negative impact on the market for automotive lighting. However, companies are taking various measures to combat the adverse effects of the epidemic.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

4.68%

Segments Covered

By Technology, Function, Vehicle, Vehicle Segment, and Region.

 

Various Analyses Covered

Global, Regional and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Hella GmbH & Co. KGaA, Magnetti Marelli S.p.A., North America Lighting, Inc., Osram GmbH, Advance Leading Technology Co., Koito Manufacturing Co., Ltd., and Others.

 

SEGMENT ANALYSIS

Global High Beam Assist Market Analysis By Technology

A light-transmitting diode (LED) is a semiconductor light source that produces light when current goes through it. Electrons in the semiconductor recombine with electron holes, releasing energy in the form of photons.

Global High Beam Assist Market Analysis By Function

LED headlights are generally offered in high-end vehicles due to their various advantages, such as lower power consumption, more adaptive functionality, and aesthetic appearance. Due to these characteristics, LED is considered to be the main market for headlight control modules and is expected to continue the same in the future.

Global High Beam Assist Market Analysis By Vehicle Type

Passenger vehicles can be subdivided into sedans, sedans, and multiple utility vehicles, while utility vehicles can be divided into light utility vehicles and heavy utility vehicles.

REGIONAL ANALYSIS

North America is expected to experience significant growth in the forecast years due to the oversized vehicle fleet in the region and the high rate of adoption of advanced technologies in the region. Europe is likely to have the predominant participation in the headlight control module due to the large production of cars and the high implementation of advanced technology related to the improvement of the safety features of vehicles due to strict government regulation and strong public awareness.

The Asia-Pacific region is supposed to see the fastest growth in the global high beam assist market due to high consumer adoption and high car sales. China and Japan have obtained the largest market shares due to the high production and sale of vehicles in the domestic market. Furthermore, producers in these nations are zeroing in on innovative progressions, including lighting, which is driving interest in high beam assist modules. Increasing consumer per capita income and high SUV sales in emerging economies like India will further boost the market.

KEY MARKET PLAYERS

Hella GmbH & Co. KGaA, Magnetti Marelli S.p.A., North America Lighting, Inc., Osram GmbH, Advance Leading Technology Co., Koito Manufacturing Co., Ltd. These are the market players that are dominating the global high beam assist market.

RECENT HAPPENINGS IN THE GLOBAL HIGH BEAM ASSIST MARKET

  • Gentex Corporation (NASDAQ: GNTX), the leading provider of auto-dimming mirrors to the global automotive industry, announced that it has shipped its millionth SmartBeam® High-Beam Assist system and has expanded the SmartBeam product line to include new levels of front light functionality per camera.
  • Marelli and XenomatiX consent to a joint advancement arrangement for LiDAR arrangements.
  • In expansion to current activities, Automotive Lighting - Magneti Marelli's line of business committed to the car lighting area - is incorporating another LED module gathering activity at the Juárez creation site in Mexico.

DETAILED SEGMENTATION OF THE GLOBAL HIGH BEAM ASSIST MARKET INCLUDED IN THIS REPORT

This research report on the global high beam assist market is segmented and sub-segmented in to the following categories.

By Technology

  • Halogen
  • LED
  • Xenon

By Function

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

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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