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Global Automotive High-Mount Stop Lamp Market 2017-2021

Global Automotive High-Mount Stop Lamp Market 2017-2021

About Automotive High-Mount Stop Lamp

Automotive high-mount stop lamp (HMSL) alerts the driver as and when the brake is being activated in the vehicle present in front of it. The flash of the HMSL indicates that the brakes have been activated, which acts as a signal for the following car to slow down. The main purpose is to safeguard the vehicle to crash into the rear of another vehicle. The different types of HMSL used in the automobile are light emitting diode (LED), neon lamps, and incandescent lamps.

Technavio’s analysts forecast the global automotive high-mount stop lamp market to grow at a CAGR of 4.38% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive high-mount stop lamp market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive High-Mount Stop Lamp 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
  • HELLA
  • KOITO MANUFACTURING
  • Magneti Marelli
  • OSRAM
Other prominent vendors
  • Stanley Electric
  • Brown & Watson International
  • Dialight
  • Truck-Lite
Market driver
  • Increase in vehicle production during the forecast period
  • For a full, detailed list, view our report
Market challenge
  • History of recalls associated with brake light systems
  • For a full, detailed list, view our report
Market trend
  • Center high-mounted stop lamp camera
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive High-Mount Stop Lamp Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive high-mount stop lamp market: HELLA, KOITO MANUFACTURING, Magneti Marelli, and OSRAM.

Other Prominent Vendors in the market are: Stanley Electric, Brown & Watson International, Dialight, and Truck-Lite.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is center high-mounted stop lamp camera. The automotive HMSL is a safety device that helps to alert the driver if the vehicle at the rear stops or slows down. It is an essential component in all segments of vehicles as it helps to prevent rear-end collisions. Center high-mounted stop lamp (CHMSL) camera helps to ensure that the driver is benefitted as the driver gets a better view of the rear end of the vehicle.”

According to the report, one driver in the market is increase in vehicle production during the forecast period. Innovation in terms of design and technology of the automobile in the automotive industry is a major driver in increasing the overall production of automobiles. As the customer's preferences are dynamically changing, the innovations in the automotive industry ensure that the modifications made in the automobile conform to the required specifications set the customers. Global automobile production is expected to grow at a CAGR of 4.09% from 92.84 million units in 2016 to 113.45 million units by 2021.

Further, the report states that one challenge in the market is history of recalls associated with brake light systems. The automotive industry has witnessed tremendous technological advancements in the vehicle. These advancements in terms of design and functionalities of an automobile help to reduce the risk of accidents and provide a safe and comfortable driving experience for the customers at all times. However, these advances lead to complexity in structure, mechanism, and design of the vehicle. Though the automotive industry has seen a shift from conventional braking system to advanced braking technologies with electrification of components, the reliability and durability of such technologically advanced systems can sometimes be a cause of concern for both the auto manufacturers and the customers.

Companies Mentioned

HELLA, KOITO MANUFACTURING, Magneti Marelli, OSRAM, Stanley Electric, Brown & Watson International, Dialight, and Truck-Lite.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global automotive high-mount stop lamp market
    • Market size and forecast
      • Table Global automotive high-mount stop lamp 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Table Global automotive high-mount stop lamp market segmentation by application 2016
    • Table Global automotive high-mount stop lamp market segmentation by application 2021
    • Table Global automotive high-mount stop lamp market segmentation by application 2016-2021 (%)
    • Global automotive high-mount stop lamp market in passenger cars
      • Table Global automotive high-mount stop lamp market in passenger cars 2016-2021 ($ millions)
    • Global automotive high-mount stop lamp market in light commercial vehicles
      • Table Global automotive high-mount stop lamp in light commercial vehicles 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global automotive high-mount stop light market by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - market size & forecast
      • Table APAC - market size & forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth
      • Table Top 3 countries in APAC
    • EMEA - market size & forecast
      • Table EMEA - market size & forecast 2016-2021 ($ millions)
      • Table EMEA - Year-over-year growth
      • Table Top 3 countries in EMEA
    • Americas - market size & forecast
      • Table Automotive high-mount stop lamp market in Americas 2016-2021 ($ millions)
      • Table Americas - Year-over-year growth
      • Table Top 3 countries in Americas
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global automotive production 2016-2021 (million units)
    • Market challenges
  • Market trends
    • Center high-mounted stop lamp camera
    • Flexible OLED in rear light and transparent OLED as CHMSL
    • Advances in technology in LED rear lamps
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • HELLA
      • Table HELLA: Business segmentation by market share 2016
      • Table HELLA: Geographical segmentation by market share 2016
      • Table HELLA: Product portfolio
      • Table HELLA: Recent developments
    • KOITO MANUFACTURING
      • Table KOITO MANUFACTURING: Geographical segmentation by market share 2016
      • Table KOITO MANUFACTURING: Product portfolio
      • Table KOITO MANUFACTURING: Recent developments
    • Magneti Marelli
      • Table Magneti Marelli: Product portfolio
      • Table Magneti Marelli: Recent developments
    • OSRAM
      • Table OSRAM: Geographical segmentation by market share
      • Table OSRAM: Product portfolio
      • Table OSRAM: Recent developments
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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