Market report says future of automobiles is LED illumination

Jan. 19, 2010
January 19, 2010--Market research firm Research and Markets (Dublin, Ireland) has published the Global Market Review of Automotive Lighting--Forecasts to 2015 and reports that automotive lighting technology is evolving at an unprecedented and accelerating pace. As the techniques by which light is produced, displayed, and distributed grow more sophisticated, so must the store of knowledge and the specificity of regulations.

January 19, 2010--Market research firm Research and Markets (www.researchandmarkets.com) (Dublin, Ireland) has published the Global Market Review of Automotive Lighting--Forecasts to 2015 and reports that automotive lighting technology is evolving at an unprecedented and accelerating pace. As the techniques by which light is produced, displayed and distributed grow more sophisticated, so must the store of knowledge and the specificity of regulations.

All OE suppliers are rapidly advancing the market presence of LED headlamps and variable-beam adaptive headlighting systems. Valeo is just as proud of its BeaMatic and MicroOptics as Hella is of its VarioX and Light Curtain, for example; both techniques are used to create variable headlight beam distributions and radically designed, high-performance LED tail lamps, respectively, though the two makers’ techniques and their visual results are quite different.

Each year, the world’s motor vehicle lighting industry produces and distributes billions of dollars’ worth of lighting equipment, light sources, subassemblies and components to the world's vehicle makers and a diverse aftermarket. By 2011, the market scale for vehicular lighting is expected to reach $10.6 billion. Similar trends, of course, can be seen in the industry supplying any other category of automotive components. However, the lighting sector stands apart in its high level of cooperation among major and minor participants and its advanced degree of global integration.

This latest edition of just-auto's popular global market review of lighting incorporates the author's latest reports from the International Symposium on Automotive Lighting (ISAL) 2009 and V.I.S.I.O.N. 2008, with interview material from the world’s top experts in automotive lighting.

--Posted by Gail Overton; [email protected]; www.laserfocusworld.com.

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