Automotive Off-road Lighting Market - Top 3 Drivers by Technavio
October 12 2017 - 12:23PM
Business Wire
Technavio market research analysts forecast the global
automotive off-road lighting market to grow at a CAGR of more than
13% during the forecast period, according to their latest
report.
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Technavio has published a new report on
the global automotive off-road lighting market from 2017-2021.
(Graphic: Business Wire)
The market study covers the present scenario and growth
prospects of the global automotive off-road lighting market for
2017-2021. The report also lists aftermarkets and OEMs as the two
major end-user segments, of which the aftermarket segment accounted
for close to 86% of the market share in 2016.
According to Amey Vikram, a lead analyst at
Technavio for automotive electronics research, “Style and
aesthetics features demanded by the customers and rapid advancement
of lighting technology contribute to the growth of the market. The
high efficiency of the modern lighting technology meets every
concern from energy efficiency to long life and high performance.
Aesthetically, lighting systems play an important part in
attributing to the vehicle's exterior features.”
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Technavio analysts highlight the following three market drivers
that are contributing to the growth of the global automotive
off-road lighting market:
- High demand for highly durable off-road
lights
- Increasing demand for long lasting
off-road lights
- Rising preference for energy-efficient
off-road automotive lighting
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High demand for highly durable off-road lights
An off-road vehicle is always put to the test in rugged and
rough terrain unsurfaced roads, steep hills, and unsurfaced steep
mountain climbs. The customized off-road drives require strong and
durable lighting, for which the lighting systems from the off-road
vehicle manufacturers are not sufficient. The lighting system for
these vehicles should be strong and durable. The LED systems are
more durable and do not break due to vibrations as they do not have
any filaments. The lights from the leading manufacturer in the LED
segment, Rigid Industries are well known for high durability and
high quality. These lights can withstand continuous high impacts
from a baseball bat and gun shots.
Increasing demand for long lasting off-road lights
The demand for long lasting lighting systems has increased
during the past years. The minimum lifespan of halogen lights with
high power consumption made the customers switch to effective
substitutes. The HDI and LED are the alternatives. The long life
and effective power consumptions of these lights, due to the
minimal generation of heat increases their lifespan.
The LEDs have an estimated lifespan of 50,000 hours, which is 15
times more than the halogens and seven times more than the xenon
lamps. The more durable and flexible lighting systems developed
with LED can fuel the growth of off-road lighting market during the
forecast period.
Rising preference for energy-efficient off-road automotive
lighting
The halogens used for off-road lighting had bright light, but
the LED lighting systems can provide the same intensity of light at
a lower power consumption from the battery. Moreover, the halogen
lamp used in an automobile requires higher power as it dissipates a
majority of the energy it receives as heat.
“The LED, on the other hand, produces minimum
heat that must be continuously removed from the system. A heat sink
is developed for this purpose, and it efficiently removes the heat
energy liberated during the lighting of the system. This process of
removal of heat from the system is known as heat management of LED
system. This makes LED a high power, energy efficient lighting
system which is suitable for off-road vehicles,” says Amey.
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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com