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Global Automotive Halogen Bulbs Market Trends, Size, Industry Segments And Profit Growth By Forecast To 2031
Automotive Halogen Bulbs Market
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The global automotive halogen bulbs market report by the business research company lower cost benefits of halogen in headlights over other headlight types to be a major growth driver for the automotive halogen bulbs market. These bulbs are used in projector bulbs in headlights and incorporate low replacement costs and lesser energy consumption as compared to incandescent bulbs. Furthermore, properties such as a 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
The global automotive halogen bulbs market grew from $8.92 billion in 2021 to $9.72 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The automotive halogen bulbs market is expected to grow to $13.03 billion in 2026 at a CAGR of 7.6%.
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Asia Pacific was the largest region in the automotive halogen bulbs market in 2021. North America was the second-largest region in the automotive halogen bulbs market. The regions covered in the automotive halogen bulbs report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the automotive halogen bulbs market are GE Lighting, Philips Lighting, Osram Group, HELLA, Magneti Marelli, Toshiba, Eaton Cooper, Panasonic, and KOITO MANUFACTURING
The global automotive halogen bulbs market is segmented -
1) By Product: Halogen Short-Arc Lights, Halogen Long-Arc Lights, Halogen Flash Lights
2)By Application: OEMs, Aftermarket
3) By Vehicle Type: Passenger Vehicle, Commercial Vehicle
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The Automotive halogen bulbs market Report Contents Include
1. Executive Summary
2. Automotive Halogen Bulbs Market Characteristics
3. Automotive Halogen Bulbs Market Trends And Strategies
4. Automotive Halogen Bulbs Market - Macro Economic Scenario
5. Automotive Halogen Bulbs Market Size And Growth
........
26. Africa Automotive Halogen Bulbs Market
27. Automotive Halogen Bulbs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Halogen Bulbs Market
29. Automotive Halogen Bulbs Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the automotive halogen bulbs market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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