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Motorcycle laser headlight market to grow at a CAGR of 162.77% till 2021 explored in latest research

Automotive and Transportation Market Research

The following companies as the key players in the Global Motorcycle Laser Headlight Market: BMW, OSRAM, and ZKW, Other Prominent Vendors in the market are: Bosch, HELLA, Varroc Group, GE Lighting, KOITO MANUFACTURING, and Philips.

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The laser technology took a giant leap in the auto industry in 2014, when Audi announced laser-powered headlights on the Audi Sport Quattro laser light concept car. Though, in the two-wheeler segment, the technology was first showcased by BMW in its K1600GTL concept model motorcycle.

It is 10 times more efficient and brighter than any other headlamps and at the same time consume 30% less power.

The analysts forecast Global Motorcycle Laser Headlight Market to grow at a CAGR of 162.77% during the period 2017-2021.

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The latest trend gaining momentum in the market is Increase in R&D spending by vendors in headlight technologies to drive innovation and application.

The vendors in the automotive lightings market have increased their investment in R&D of technologies, such as OLED and laser lighting panels. They are motivated to invest in R&D to develop technologies for cost-effective production, considering the significant potential of the market.

Moreover, vendors are developing technology standards for every product through an effective R&D process.”

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According to the report, one of the major drivers for this market is High energy efficiency of laser headlights to benefit end consumers and OEMs alike. Laser diodes consume very less amount of energy (other than the cooling power required) to operate.

This makes them ideal for use in electric vehicles (EVs) and allows their use without any significant impact on the charging cycles of EVs. Low power consumption of laser headlights means that there would be less drain in the motorcycle battery ensuring longer service intervals for the consumers.

The report covers the present scenario and the growth prospects of the Global Motorcycle Laser Headlight Market for 2017-2021. To calculate the market size, the report considers the unit shipments of motorcycles fitted with laser-powered headlights.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Further, the report states that one of the major factors hindering the growth of this market is Debate over optical pollution by laser headlights. The cost of this technology remains a burning concern for both the automotive industry and the customers alike.

Laser headlamps for motorcycles are expected to cost an average of $2500-$3500 and upwards. Many entry-level cars are available for this price.

Hence, unless the price is lowered to a reasonable figure, it would be difficult to get a good deal for much of the customer base in APAC and Latin America, where regional income inequality is quite rampant. Outsourced value chains and economies of scale would help reduce the prices of the laser headlight systems.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Motorcycle Laser Headlight

The primary use of motorcycle lighting is to ensure visibility to the driver, improve vehicle's visibility to other drivers, and intimate the presence and position of the vehicle to others. OLED and laser are advanced lighting technologies.

The adoption of these technologies in the automobile industry is still in its nascent stage.

This report, Global Motorcycle Laser Headlight Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • BMW
  • ZKW

Other prominent vendors

  • Bosch
  • Varroc Group
  • GE Lighting
  • Philips

Market driver

  • High energy efficiency of laser headlights to benefit end consumers and OEMs alike
  • For a full, detailed list, view our report

Market challenge

  • Debate over optical pollution by laser headlights
  • For a full, detailed list, view our report

Market trend

  • Increase in R&D spending by vendors in headlight technologies to drive innovation and application
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Table of Contents

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • PART 05: Market landscape
  • PART 06: Geographical segmentation
  • PART 07: Decision framework
  • PART 08: Drivers and challenges
  • PART 09: Market trends
  • PART 10: Vendor landscape
  • PART 11: Key vendor analysis
  • PART 12: Appendix

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