The Automotive Adaptive Emergency Brake Lights market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
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.
This industry research report identifies the rise in adoption of electronic components by automotive manufacturers to differentiate their products to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Intense competition in the automotive industry is inducing companies to improve various parameters including safety, performance, stability, and comfort by replacing the conventional mechanical components with automotive electronics. The adaptive emergency brake lights systems have the option to be disabled or activated based on the preference of the consumer and will be one of the major components preferred by original equipment manufacturers (OEMs) to differentiate vehicle variants.
Driven by constant innovation and development in the systems\' architecture and functionality, the coming years will witness a significant adoption of advanced brake lighting systems in commercial vehicles as well. The American auto component makers WABCO and ZF TRW have already developed and introduced a new technology for commercial vehicles known as evasive maneuver assist (EMA). Using radar-based collision avoidance technology, this system identifies obstacles in the front of the vehicle and unavoidable rear-end collisions and sends alert signals to the driver in the form of audio and haptic signals. In addition to preventing collisions, the system also helps the driver to bring the vehicle to a complete stop.
As the report focuses on global Automotive Adaptive Emergency Brake Lights market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
FELIO
KOITO
Magneti Marelli
Valeo
SafeLight
Kahtec Technologies International
Ichikoh Industries
ZKW
Market Segment by Product Type
Gas Brake Light
LED Brake Light
Market Segment by Application
OEMs
Aftermarket
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Adaptive Emergency Brake Lights market for the forecast period 2020 - 2025?
• What are the driving forces in the Automotive Adaptive Emergency Brake Lights market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Adaptive Emergency Brake Lights industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?