Harrisburg, NC -- (SBWIRE) -- 10/27/2020 -- Automotive Halogen Bulbs Global Market Report 2020 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.
The global automotive halogen bulbs market was worth $8.6 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 6.89% and reach $11.3 billion by 2023.
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Top Leading Companies Mentioned are GE Lighting, Philips Lighting, Osram Group, HELLA, Magneti Marelli, Toshiba, Eaton Cooper, Panasonic, KOITO MANUFACTURING, Valeo .
Latest news and developments:
In May 2019, CK Holdings, a holding company of Calsonic Kansei Corporation acquired Magneti Marelli for $7.14 billion (6.2 billion euro). The acquisition will help CK Holdings to become a leading global independent automotive supplier. Magneti Marelli was engaged in designing and producing high-tech components, systems and modules for the automotive industry.
The automotive halogen bulbs market includes sales of automotive halogen bulbs that use a halogen gas inside the bulbs to increase light output and rated life.
The automotive halogen bulbs market covered in this report is segmented by type into halogen short-arc lights, halogen long-arc lights, halogen flash lights. The automotive halogen bulbs market in this report is segmented by application into OEM's and afetrmarket. The automotive halogen bulbs market in this report is segmented by vehicle type into passenger vehicle and commercial vehicle.
Lower cost benefits of halogen in headlights over other headlight types are expected to increase the demand for automotive halogen bulbs market. These bulbs are used in projector bulbs in headlights and incorporate low replacement costs and lesser energy consumptions as compared to incandescent bulbs. Furthermore, properties such as decent lifespan of around 1000 hours under normal conditions and government regulations for more efficient bulbs will continue to drive growth in the automotive halogen bulbs market.
Growing popularity of LED and laser headlights in cars and bikes is acting as a restraint on the automotive halogen bulbs market. LED and laser headlights are compact in size and have high light emission power compared to halogen headlights. In addition, LED and laser headlights have a lifespan of over 20,000 hours, much higher than halogen bulbs. For instance, Osram supplied its laser headlamps for use in the BMW i8 and Audi R8 LMX car models.
This report provides a detailed analysis of the Automotive Halogen Bulbs market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Following are major Table of Content of Automotive Halogen Bulbs Industry:
Automotive Halogen Bulbs Market Sales Overview.
Automotive Halogen Bulbs Market Sales Competition by Manufacturers.
Automotive Halogen Bulbs Market Sales Analysis by Region.
Automotive Halogen Bulbs Market Sales Analysis by Type.
Automotive Halogen Bulbs Market Analysis by Application.
Automotive Halogen Bulbs Market -Manufacturers Analysis.
This independent 200 pages report guarantees you will remain better informed than your competition. With over figures examining the Automotive Halogen Bulbs market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2022.
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Automotive Halogen Bulbs in these regions, from 2015 to 2022(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa.
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Furthermore, the report provides a detailed analysis of the global Automotive Halogen Bulbs market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Automotive Halogen Bulbs market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
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The research includes historic data from 2015 to 2020 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Automotive Halogen Bulbs on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Automotive Halogen Bulbs Market and assist manufacturers and investment organization to better grasp the development course of Automotive Halogen Bulbs Market.
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