Press release
Headlight Tester Market With Top Companies Anzen Motor Car, BM Autoteknik, Robert Bosch, Capelec
Headlight Tester
Major players operating in the global headlight tester industry include Anzen Motor Car, BM Autoteknik, Robert Bosch GmbH, Capelec, Chuo Electronic Measurement, Foshan Analytical Instrument, L.E.T. Automotive, MAHA Maschinenbau Haldenwang GmbH & Co. KG, Mingquan Scien-Tech, Beissbarth GmbH, and Nussbaum Automotive Solutions.
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Market Drivers:
Rapid growth of vehicle sales across the globe leading to rising demand for headlight tester is one of the major factors propelling growth of the headlight tester market. For instance, according to the International Organization of Motor Vehicle Manufacturers' statistics (OICA), the total number of vehicles sold in 2016 were 94 million units, which increased to 96 million units in 2017, worldwide.
Passenger cars segment is expected to account for largest market share by 2026:
Among vehicle type, passenger cars segment accounted for the largest share in the global headlight tester market in 2016. For instance, according to The Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2016, total number of vehicles manufactured globally was 94 million units, out of which 72 million units were passenger cars, which is almost 75% of the global vehicle production. Therefore, increasing vehicle production is leading to rising demand for headlight testers, thereby driving growth of the market worldwide. The passenger car segment is expected to be valued around US$ 210.26 billion by 2026.
What are all the companies currently described in the report?
The report contains the main players currently on this market.
** The list of companies mentioned may vary in the final report subject to change of name / merger, etc.
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