The global automotive optoelectronics market is anticipated to grow at a CAGR of around 10.9% during the forecast period 2020 to 2027 and to reach around US$ 8.3 Bn by 2027.
Market Dynamics
High passenger vehicle sale in emerging economies, along with introduction of technologically advanced products are major factors expected to drive the growth of global market. In addition, increasing demand for luxury vehicles from consumers, along with wide applicability of optoelectronics for automated headlights for better visibility, automatic brakes for higher safety, advanced driving assistance systems, and night vision systems is another factor expected to further augment the growth of target market.
Major players are focused on business expansion through strategic merger and acquisition in order to increase the business presence and enhance the profit ratio this is another factor expected to further boost the growth of target market.
- In 2019, Sanan Optoelectronics acquired WIPAC Limited an automotive lighting supplier. This acquisition is expected to help the company to enhance the customer base and increase the business presence.
- In 2017, OSRAM acquired Vixar a manufacturer of high performance, cost-effective vertical cavity surface emitting laser (VCSEL) products. This acquisition is expected to help the company to enhance the product portfolio and increase the customers.
- In 2018, HELLA partnered with Beijing HAINACHUAN Automotive Parts. This joint venture is expected to help the company to enhance the business presence and increase the profit ratio.
In addition, increasing spending on product development along with introduction of smart solutions is another factor expected to support the growth of target market.
- In 2018, Audi and HELLA in collaboration developed a striking lighting technology for new Audi A7 Sportback. The headlamps of the four-door coupé are available as LED, Matrix LED, and HD Matrix LED with laser high beam variants. This is expected to help the companies to expand the profit ratio.
However, factors such high cost of products and easy availability of alternative products are expected to hamper the growth of global automotive optoelectronics market. In addition, high cost of raw material is another factor expected to challenge the growth of target market.
Rapid technological advancements by major players coupled with innovative product offerings is in order to attract new customers are factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, increasing partnership and agreements is another factor expected to support the revenue traction of target market.
Automotive Optoelectronics Market Segment Analysis, 2019
The global automotive optoelectronics market is segment in to vehicle type, product type, channel type and application. The product segment is bifurcated into LED’s, infrared component, image sensors, laser diodes, and optocouplers. Among vehicle type the passenger vehicle segment is expected to account for significant revenue share in the global market. The vehicle type segment is further divided in to passenger vehicle, light commercial vehicle (LCV), and heavy commercial vehicle (HCV).
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to rising demand for luxury vehicle with advanced solutions. In addition, presence of large number of players operating in the country coupled with innovative product offerings are among other factors expected to further support the growth of regional market.
Asia Pacific is expected to witness faster growth in the near future owing to rising demand for passenger vehicle sale in the region. In addition, developing regulatory scenario and demand for smart vehicles are among other factor expected to further support the growth of target market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Automotive Optoelectronics Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Vehicle Type, Product Type, Channel Type, Application and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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The market research study on “Automotive Optoelectronics Market (Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV); Product Type: LED’s, Infrared Component, Image Sensors, Laser Diodes, and Optocouplers; Channel Type: OEMs and Aftermarket; Application: Position Sensors, Backlight Control, and Convenience and Safety) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global automotive optoelectronics market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global automotive optoelectronics market segment by vehicle type, product type, channel type, application and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global automotive optoelectronics market size and segment markets by vehicle type, product type, channel type, application and geography along with the information on companies operating in the market. The automotive optoelectronics market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Foryard Optolectronics Co, Osram Licht AG, Sharp Corporation, Koninklijke Philips N.V. Texas Instrument Inc, Autoliv Inc, Avago Technologies, FOSP Optoelectronics Co Ltd, OSI Optolectronics AS, and Vishay Intertechnology.
Market Segmentation
Market By Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
Market By Product Type
- LED’s
- Infrared Component
- Image Sensors
- Laser Diodes
- Optocouplers
Market By Channel Type
Market By Application
- Position Sensors
- Backlight Control
- Convenience and Safety
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Automotive Optoelectronics
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automotive Optoelectronics Market By Vehicle Type
1.2.2.1. Global Automotive Optoelectronics Market Revenue and Growth Rate Comparison By Vehicle Type (2020-2027)
1.2.2.2. Global Automotive Optoelectronics Market Revenue Share By Vehicle Type in 2019
1.2.2.3. Passenger Vehicle
1.2.2.4. Light Commercial Vehicle (LCV)
1.2.2.5. Heavy Commercial Vehicle (HCV)
1.2.3. Automotive Optoelectronics Market By Product Type
1.2.3.1. Global Automotive Optoelectronics Market Revenue and Growth Rate Comparison By Product Type (2020-2027)
1.2.3.1.1. LED’s
1.2.3.1.2. Infrared Component
1.2.3.1.3. Image Sensors
1.2.3.1.4. Laser Diodes
1.2.3.1.5. Optocouplers
1.2.4. Automotive Optoelectronics Market By Channel Type
1.2.4.1. Global Automotive Optoelectronics Market Revenue and Growth Rate Comparison By Channel Type (2020-2027)
1.2.4.2. OEMs
1.2.4.3. Aftermarket
1.2.5. Automotive Optoelectronics Market By Application
1.2.5.1. Global Automotive Optoelectronics Market Revenue and Growth Rate Comparison By Application (2020-2027)
1.2.5.2. Position Sensors
1.2.5.3. Backlight Control
1.2.5.4. Convenience and Safety
1.2.6. Automotive Optoelectronics Market By Geography
1.2.6.1. Global Automotive Optoelectronics Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.6.2. North America Automotive Optoelectronics Market Revenue and Growth Rate(2020-2027)
1.2.6.3. Europe Automotive Optoelectronics Market Revenue and Growth Rate(2020-2027)
1.2.6.4. Asia-Pacific Automotive Optoelectronics Market Revenue and Growth Rate(2020-2027)
1.2.6.5. Latin America Automotive Optoelectronics Market Revenue and Growth Rate(2020-2027)
1.2.6.6. Middle East and Africa (MEA) Automotive Optoelectronics Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Automotive Optoelectronics Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Automotive Optoelectronics Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Automotive Optoelectronics Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Automotive Optoelectronics Major Manufacturers in 2019
CHAPTER 4. Automotive Optoelectronics MARKET By Vehicle Type
4.1. Global Automotive Optoelectronics Revenue By Vehicle Type
4.2. Passenger Vehicle
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Light Commercial Vehicle (LCV)
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Heavy Commercial Vehicle (HCV)
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Automotive Optoelectronics MARKET By Product Type
5.1. Global Automotive Optoelectronics Revenue By Product Type
5.2. LED’s
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Infrared Component
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Image Sensors
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Laser Diodes
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Optocouplers
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Automotive Optoelectronics MARKET By Channel Type
6.1. Global Automotive Optoelectronics Revenue By Channel Type
6.2. OEMs
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Aftermarket
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. Automotive Optoelectronics MARKET By Application
7.1. Global Automotive Optoelectronics Revenue By Application
7.2. Position Sensors
7.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.3. Backlight Control
7.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.4. Convenience and Safety
7.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 8. NORTH AMERICA Automotive Optoelectronics MARKET BY COUNTRY
8.1. North America Automotive Optoelectronics Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. North America Automotive Optoelectronics Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. U.S.
8.3.1. U.S. Automotive Optoelectronics Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
8.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
8.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. EUROPE Automotive Optoelectronics MARKET BY COUNTRY
9.1. Europe Automotive Optoelectronics Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Europe Automotive Optoelectronics Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
9.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
9.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
9.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
9.6.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
9.7.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. ASIA-PACIFIC Automotive Optoelectronics MARKET BY COUNTRY
10.1. Asia-Pacific Automotive Optoelectronics Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Asia-Pacific Automotive Optoelectronics Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
10.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
10.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
10.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.6.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
10.6.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
10.6.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.7.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
10.7.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
10.7.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.8.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
10.8.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
10.8.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. LATIN AMERICA Automotive Optoelectronics MARKET BY COUNTRY
11.1. Latin America Automotive Optoelectronics Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Latin America Automotive Optoelectronics Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
11.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
11.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
11.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA Automotive Optoelectronics MARKET BY COUNTRY
12.1. Middle East & Africa Automotive Optoelectronics Market Revenue and Growth Rate, 2020 - 2027 ($Million)
12.2. Middle East & Africa Automotive Optoelectronics Market Revenue Share Comparison, 2020 & 2027 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
12.3.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
12.3.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
12.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
12.4.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
12.4.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
12.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
12.5.2. Market Revenue and Forecast By Product Type, 2020 - 2027 ($Million)
12.5.3. Market Revenue and Forecast By Channel Type, 2020 - 2027 ($Million)
12.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Foryard Optolectronics Co
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Osram Licht AG
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Sharp Corporation
3.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Autoliv Inc
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Avago Technologies
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. FOSP Optoelectronics Co Ltd
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. OSI Optolectronics AS
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Vishay Intertechnology
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Others
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
