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(Transportation-News.com, September 19, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automotive Adaptive Emergency Brake Lights market for 2018-2023.
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.
Over the next five years, this report projects that Automotive Adaptive Emergency Brake Lights will register a 9.1% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Adaptive Emergency Brake Lights market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Gas Brake Light
LED Brake Light
Segmentation by application:
OEMs
Aftermarket
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
FELIO
KOITO
Magneti Marelli
Valeo
SafeLight
Kahtec Technologies International
Ichikoh Industries
ZKW
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Adaptive Emergency Brake Lights consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive Adaptive Emergency Brake Lights market by identifying its various subsegments.
Focuses on the key global Automotive Adaptive Emergency Brake Lights manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Adaptive Emergency Brake Lights with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Adaptive Emergency Brake Lights submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Source: EmailWire.Com 
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