Global Automotive Adaptive Emergency Brake Lights Market 2017-2021 Description
TechNavio - Infiniti Research Ltd.
Global Automotive Adaptive Emergency Brake Lights Market 2017-2021
About Automotive Adaptive Emergency Brake Lights
Adaptive brake lights alert drivers of the emergency brake being activated in the vehicle in front of them. The flashing of the brake lights indicates to the car behind that the emergency brakes are being activated. The brake lights are automatically activated to flash several times with different illuminating levels when the vehicle undergoes an emergency brake while traveling at a speed of over 60 km/h. The intensity of the brake lights could be enhanced through the activation of additional lights along with the car’s existing brake lights upon emergency braking.
Technavio’s analysts forecast the global automotive adaptive emergency brake lights market to grow at a CAGR of 9.31% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive adaptive emergency brake lights market for 2017-2021. The market size has been derived based on the penetration levels of adaptive emergency brake lights in the overall passenger cars market.The market is divided into the following segments based on geography:
Technavio's report, Global Automotive Adaptive Emergency Brake Lights Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - FELIO
- KOITO
- Magneti Marelli
- Valeo
Other prominent vendors - SafeLight
- Kahtec Technologies International
- ICHIKOH Industries
- ZKW
Market driver - Addition of electronic content – the predominant way to showcase product differentiation
- For a full, detailed list, view our report
Market challenge - System reliability concerns due to false positives and negatives
- For a full, detailed list, view our report
Market trend - Advanced braking technologies and features complementing the same likely to be standardized as vehicles upgrade to higher SAE automation levels
- For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Press Release
Technavio Announces the Publication of its Research Report – Global Automotive Adaptive Emergency Brake Lights Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive adaptive emergency brake lights market: FELIO, KOITO, Magneti Marelli, and Valeo.
Other Prominent Vendors in the market are: SafeLight, Kahtec Technologies International, ICHIKOH Industries, and ZKW.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is advanced braking technologies and features complementing the same likely to be standardized as vehicles upgrade to higher SAE automation levels. Along with artificial intelligence, high-performance vehicle-positioning, and cloud connectivity, radar and LiDAR based camera assisted braking technologies will play a key role toward the future of automated cars. The automotive emergency braking system serves as a base for making autonomous or future driverless cars a reality.”
According to the report, one of the major drivers for this market is addition of electronic content – the predominant way to showcase product differentiation. The range of consumer needs and OEM offerings for the automobile has widened to include safety, performance, stability, and comfort — these parameters are being refined and improved every day. This evolution has outgrown the utility of conventional mechanical components to solve emerging automotive challenges. This evolution has boosted the growth rate of the automotive electronics market, which has far surpassed the growth of the actual automotive industry.
Further, the report states that one of the major factors hindering the growth of this market is system reliability concerns due to false positives and negatives. Accurate tuning of the system is imperative to avoid false positives. The improper tuning of sensors that are integrated with the ABS may create unwanted activation of emergency brake lights and hazard lights that are not required as per the speed at the which brakes are applied. This may have a detrimental effect on the driving experience, defeating the safety purpose of the system.
Companies Mentioned
FELIO, KOITO, Magneti Marelli, Valeo, SafeLight, Kahtec Technologies International, ICHIKOH Industries, and ZKW.
