Report Overview
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.
This research report gives detailed data about the major factors influencing the growth of the Automotive Adaptive Emergency Brake Lights market at the national and local level forecast of the market size, in terms of value, market share by region, and segment; regional market positions; segment and country opportunities for growth; Key company profiles, SWOT, product portfolio and growth strategies. It studies the market\'s essential sides such as top participants, expansion strategies, business models, and other market features to improve market insight.
The report forecast global Automotive Adaptive Emergency Brake Lights market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Automotive Adaptive Emergency Brake Lights market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Automotive Adaptive Emergency Brake Lights market for 2015-2027.
Market Segmentation
The Automotive Adaptive Emergency Brake Lights market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
FELIO
KOITO
Magneti Marelli
Valeo
SafeLight
Kahtec Technologies International
Ichikoh Industries
ZKW
At the same time, we classify Automotive Adaptive Emergency Brake Lights according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Gas Brake Light
LED Brake Light
Market by Application
OEMs
Aftermarket
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
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 2021 - 2027?
• What are the driving forces in the Automotive Adaptive Emergency Brake Lights market for the forecast period 2021 - 2027?
• 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?
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