US$ 1.76 billion declining growth expected between 2021 and 2026

New YorkAnd the October 2, 2022 /PRNewswire/-“Automotive Market by Application and Geography – Forecast and Analysis 2022-2026“The report has been added to Technavio’s offerings. With ISO 9001:2015 certification, Technavio has proudly collaborated with more than 100 Fortune 500 companies for over 16 years.

Technavio announced its latest market research report titled Global Automotive Halogen Headlights Market 2022-2026

Technavio announced its latest market research report titled Global Automotive Halogen Headlights Market 2022-2026

The potential growth difference of the automotive halogen headlights market between 2021 and 2026 is -1.76 billion US dollars. The report takes into account many factors including revenue generated by vendors, average life of auto components, replacement rate, and new vehicle sales among others to estimate the market size. Download a report form in PDF format

Key market dynamics:

  • market driver

  • Market Challenges

The market controls the lower cost advantages of halogen headlights over other types of headlights. Halogen headlights are cost effective and long lasting. A typical halogen lamp has a working life of more than 100 hours, and only the cost of replacing it $15$30which is much less than LED lights, which cost about $100 dollars. It also takes up less space than others, making it ideal for entry-level cars. Many of these benefits lead to increased demand for halogen headlights, resulting in market growth.

The increasing demand for cars in emerging economies will also boost market growth during the forecast period. However, the increasing popularity of LED and laser headlights will reduce the growth potential in the market.

Company Profile

Some of the companies covered in this report are Autolite (IndiaLtd. HELLA GmbH and Co., Ltd. KG, Hyundai Motor Co. J.B. Industries, Koito Manufacturing Co., Ltd. Ltd. , Koninklijke Philips NV, Lumax Industries Ltd. Minda Industries Ltd. , OSRAM GmbH, RAJ ENTERPRISES, Robert Bosch GmbH, Sunway Autoparts, Suprajit Engineering Ltd. TA YIH Industrial Co., Ltd. Ltd. , Tungsram Operations Kft. , Uravi T and Wedge Lamps Ltd. Valeo SA, Varroc Engineering Ltd. , and ZKW Group GmbH, etc. Request a report form here

competitive analysis

The global automotive halogen headlights market is segmented owing to the presence of well-diversified global and regional vendors. Competition among vendors with regard to quality, size and performance is intense in the market. Investments in developing innovative designs in terms of size and weight are expected to continue during the forecast period. The introduction of dual-beam headlight technology into the market is expected to intensify the competition among vendors of existing automotive halogen headlights. These factors will greatly benefit customers in terms of cost and performance.

The competitive scenario presented in the Automotive Halogen Lamps Market report analyzes, evaluates and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market segmentation

  • By application, the market is categorized into segments such as passenger cars and commercial vehicles.

  • By geography, the market is categorized as APAC, EuropeAnd the North AmaricaAnd the South americaand the The Middle East And the Africa.

Find out the potential sectors to invest in during the forecast period. Read sample report now

Related reports:

Automotive Halogen Headlights Market Scope

Report coverage

details

page number

120

base year

2021

prediction period

2022-2026

Growth Momentum and CAGR

slows at a compound annual growth rate of -4.73%

Market growth 2022-2026

-1.76 billion US dollars

Market Structure, Market Structure

fragmented

Annual Growth (%)

-4.27

Regional Analysis

Asia Pacific, Europe, North America, South America, Middle East and Africa

Market share performance

Middle East and Africa at 2%

Main consuming countries

The United States, China, Japan, India and Germany

Competitive scene

Leading companies, competitive strategies and scope of consumer engagement

Company Profile

Autolite (India) Ltd., HELLA GmbH and Co. KG, Hyundai Motor Co., JB Industries, Koito Manufacturing Co. Ltd., Koninklijke Philips NV, Lumax Industries Ltd., Minda Industries Ltd., OSRAM GmbH, RAJ ENTERPRISES, Robert Bosch GmbH, Sunway Autoparts and Suprajit Engineering Ltd. and TA YIH Industrial Co. Ltd. and Tungsram Operations Kft. and Uravi T and Wedge Lamps Ltd. and Valeo SA and Varroc Engineering Ltd. and ZKW Group GmbH

market dynamics

Key market analysis, market growth drivers and obstacles, analysis of fast-growing and slow-growing segments, COVID-19 impact and future consumer dynamics, market status analysis for the forecast period.

field of customization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize the segments.

table of contents:

1. Executive Summary

2 market view

3 market sizing

4 Five forces analysis

5 Market Segmentation by Application

6 customer perspective

7 Geographical scene

8 Drivers, Challenges and Trends

9 landscape seller

10 Vendor Analysis

Appendix 11

information about us

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions.

With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions in changing market scenarios. .

Contact
Technavio Research
Jesse Maeda
Marketing and Media Executive
United States: +1844364 1100
United Kingdom: +44 203893 3200
E-mail:media@technavio.com
website: www.technavio.com/

Global Automotive Halogen Headlights Market 2022-2026

Global Automotive Halogen Headlights Market 2022-2026

Cision

Cision

View original content for multimedia download:https://www.prnewswire.com/news-releases/automotive-halogen-headlights-market-usd-1-76-bn-decremental-growth-uable-between-2021-and-2026–301636742.html

The source is Technavio

Leave a Comment