Automotive Lighting Actuators Market by Vehicle Type (Passenger Vehicle, Heavy Commercial Vehicle, Light Commercial Vehicle), by Product Type (Type S Automotive Lighting Actuators, Type E Automotive Lighting Actuators, Type M Automotive Lighting Actuators), by Distribution Channel (Original Equipment Manufacturers, Aftermarket) and by Application Type (Throttle Actuator, Fuel Injection Actuator, Brake Actuator): Global Opportunity Analysis and Industry Forecast, 2023-2032

A13873

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Reports Overview

An actuator is a device that takes energy in form of electrical, mechanical, or kinetic energy and converts the energy into force or motion. The output force achieved is proportional to the input energy provided to the device. The actuator receives a signal that initiates the conversion of electrical energy into proportionate mechanical force. In automobiles, the headlights can move either up and down or side to side to focus beams of light on curving or undulating road surfaces effectively. The movement is controlled by small actuators that are driven by a permanent magnet motor. This is done by an electronic system via a cam-operated switch that controls each headlight actuator. Automotive lighting actuators provide a high degree of functionality and improve vehicle dynamics. Moreover, in modern vehicles with semi-static headlight levelling systems, headlamp levelling corrects itself with changes in inclination related to driving, including acceleration and braking. The use of automotive lighting actuators in the modern-day vehicle industry will strengthen the product market.

COVID-19 Impact Analysis

Governments across all the major countries have announced lockdown and various other strict regulations due to the COVID-19. Thus, automotive lighting actuators market has been hit hard by the pandemic, with a drop in the product demand due to the lockdown imposed by governments globally. The pandemic has led to a shutdown of manufacturing units in the automobile sector thus delaying the production and weakening the sale of automotive lighting actuators. The unavailability of labor and electronic components required for manufacturing automotive lighting actuators further disrupted the process. However, new innovations along with the rise in the production of vehicles, and the heavy demand for advanced & luxury features in vehicles can boost the expansion rate of the automotive lighting actuators market.

Top Impacting Factors

A rise in demand for advanced automation systems, production of automobiles, and requirement for lightweight design & compact features can drive the growth of the market.
However, a fall in demand for diesel passenger cars and an increase in labor expense can hamper the market growth.
Moreover, an upsurge in demand for advanced driver assistance systems, electric vehicles, road safety requirements can boost the demand for the product.

Market Trends
Demand for road safety

The demand for safety features along with adaptive lighting systems has increased due to an upsurge in the number of road accidents globally. Vehicles with adaptive and advanced lightings can detect obstacles on road. Moreover, the concern and awareness regarding road accidents drive the demand for safety features in vehicles leading to the installation of efficient lighting systems. According to the World Health Organization’s report, about 1.25 million people die in road accidents each year. Furthermore, road traffic injuries that lead to death are higher among teenagers. In addition, European Union has mandated daytime running light (DRL) due to unfavorable weather conditions from 2011 to ensure safety and reduce accidents. These factors can act as the major factors that boost the automotive lighting actuators market.

Key Benefits of the Report

This study presents the analytical depiction of the automotive lighting actuators market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the automotive lighting actuators market.
The current market is quantitatively analyzed to highlight the automotive lighting actuators market growth scenario.
The report provides detailed automotive lighting actuators market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Report

Which are the leading market players active in the automotive lighting actuators market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the automotive lighting actuators market?
What are the projections for the future that would help in taking further strategic steps?

Key Market Segments

By Vehicle Type
- Passenger Vehicle
- Heavy Commercial Vehicle
- Light Commercial Vehicle
By Product Type
- Type S Automotive Lighting Actuators
- Type E Automotive Lighting Actuators
- Type M Automotive Lighting Actuators
By Distribution Channel
- Original Equipment Manufacturers
- Aftermarket
By Application Type
- Throttle Actuator
- Fuel Injection Actuator
- Brake Actuator
By Region
- North America
  - U.S.
  - Canada
  - Mexico
- Europe
  - Germany
  - France
  - UK
  - Italy
  - Rest of Europe
- Asia-Pacific
  - China
  - Japan
  - India
  - South Korea
  - Rest of Asia-Pacific
- LAMEA
  - Latin America
  - Middle East
  - Africa

Key Market Players

Table of contents

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A13873

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CHAPTER 1: INTRODUCTION

1.1. Report Description

1.2. Key Market Segments

1.3. Key Benefits

1.4. Research Methodology

1.4.1. Primary Research

1.4.2. Secondary Research

1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope

3.2. Key Findings

3.2.1. Top Investment Pockets

3.2.2. Top Winning Strategies

3.3. Porter's Five Forces Analysis

3.3.1. Bargaining Power of Suppliers

3.3.2. Threat of New Entrants

3.3.3. Threat of Substitutes

3.3.4. Competitive Rivalry

3.3.5. Bargaining Power among Buyers

3.5. Market Dynamics

3.5.1. Drivers

3.5.2. Restraints

3.5.3. Opportunities

CHAPTER 4: AUTOMOTIVE LIGHTING ACTUATORS MARKET, BY VEHICLE TYPE

4.1. Market Overview

4.1.1 Market Size and Forecast, By Vehicle Type

4.2. Passenger Vehicle

4.2.1. Key Market Trends, Growth Factors and Opportunities

4.2.2. Market Size and Forecast, By Region

4.2.3. Market Share Analysis, By Country

4.3. Heavy Commercial Vehicle

4.3.1. Key Market Trends, Growth Factors and Opportunities

4.3.2. Market Size and Forecast, By Region

4.3.3. Market Share Analysis, By Country

4.4. Light Commercial Vehicle

4.4.1. Key Market Trends, Growth Factors and Opportunities

4.4.2. Market Size and Forecast, By Region

4.4.3. Market Share Analysis, By Country

CHAPTER 5: AUTOMOTIVE LIGHTING ACTUATORS MARKET, BY PRODUCT TYPE

5.1. Market Overview

5.1.1 Market Size and Forecast, By Product Type

5.2. Type S Automotive Lighting Actuators

5.2.1. Key Market Trends, Growth Factors and Opportunities

5.2.2. Market Size and Forecast, By Region

5.2.3. Market Share Analysis, By Country

5.3. Type E Automotive Lighting Actuators

5.3.1. Key Market Trends, Growth Factors and Opportunities

5.3.2. Market Size and Forecast, By Region

5.3.3. Market Share Analysis, By Country

5.4. Type M Automotive Lighting Actuators

5.4.1. Key Market Trends, Growth Factors and Opportunities

5.4.2. Market Size and Forecast, By Region

5.4.3. Market Share Analysis, By Country

CHAPTER 6: AUTOMOTIVE LIGHTING ACTUATORS MARKET, BY DISTRIBUTION CHANNEL

6.1. Market Overview

6.1.1 Market Size and Forecast, By Distribution Channel

6.2. Original Equipment Manufacturers

6.2.1. Key Market Trends, Growth Factors and Opportunities

6.2.2. Market Size and Forecast, By Region

6.2.3. Market Share Analysis, By Country

6.3. Aftermarket

6.3.1. Key Market Trends, Growth Factors and Opportunities

6.3.2. Market Size and Forecast, By Region

6.3.3. Market Share Analysis, By Country

CHAPTER 7: AUTOMOTIVE LIGHTING ACTUATORS MARKET, BY APPLICATION TYPE

7.1. Market Overview

7.1.1 Market Size and Forecast, By Application Type

7.2. Throttle Actuator

7.2.1. Key Market Trends, Growth Factors and Opportunities

7.2.2. Market Size and Forecast, By Region

7.2.3. Market Share Analysis, By Country

7.3. Fuel Injection Actuator

7.3.1. Key Market Trends, Growth Factors and Opportunities

7.3.2. Market Size and Forecast, By Region