Automotive Headlamp Reflector Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2022 to 2030

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled "Automotive Headlamp Reflector Market (Type: Plastics, Aluminum, Sheet Steel, Others; Application: Passenger Car, Commercial Vehicle) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2022 - 2030", estimates that global automotive headlamp reflector market is expected to reach the market value of around USD 1,606 Billion by 2030 and is expected to grow at a CAGR of around 4% in terms of revenue during the period 2022 - 2030. Growing production of automobiles, globally, owing to the rise in urbanization is the key factor driving the growth of global automotive headlamp reflector market. In addition, the rising demand of LED based lighting system and material developments are other factors that are driving the growth of this market

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LED Headlamp Driving the Growth of Automotive Lighting Industry

The growth is mainly attributed towards the use of LED lighting in automotives due to different benefits over halogen, such as improved lifespan of 15,000 hours, high energy efficiency, light-weight, focused brightness and faster illumination. LED lights attain full brightness immediately, unlike high intensity lights, which require a few seconds to accomplish full brightness. Moreover, LED headlights will play a vital role in reducing energy consumption.

Halogen headlights draw 55 to 65 watt of power and 42 watts is drawn from HID, where LED draws between 15 to 18 watts of power, which make LEDs especially advantageous for brake lights. Additionally, smaller size of LED headlamps as compared to other lighting technologies offer freedom in car designs and selectable patterns to suit driving conditions.

Insights on Market Segments

Global automotive headlamp reflector market is segmented by type, application and geography. Based on different types, the market is segmented into plastics, aluminum, sheet steel, and others. Also, application is further bifurcated into passenger car, and commercial vehicle. Based on geography, the market is further classified into North America, Europe, China, Japan, South Korea, India, and Rest of World.

Energy Efficient Plastic Material for Automotive Headlamp Reflector

The ongoing developments and high-performance of plastic material has drastically increased its usage in numerous automotive applications. Plastic material was specified due to its good mechanical properties and excellent appearance including self coloring. The application of plastic has increased in automotive industry in building energy efficient cars by reducing weight, improving durability, corrosion resistance, toughness, design flexibility, and high performance at low cost. Moreover, manufacturing cost will be low due to its properties and directly it will boom the market growth. Besides, Bulk Molding Compound (BMC) is used to mold glass fiber to make headlamp reflectors. Its wide array of benefits such as manufacturing of complex and sharp curves, high finishing surface, light weight and excellent temperature resistance also drives the growth of headlamp reflector market.

Asia- Pacific Dominates the Automotive Headlamp Reflector Market

Asia-Pacific is expected to remain the largest automotive headlamp reflector market during the forecast period (2018- 2025). China and India are mainly driving the growth in this region and are expected to create maximum opportunities over the forecast year. Market dynamics of headlamp reflector in Asia-Pacific are classified into two. The need of headlamp reflectors has declined in matured automotive markets such as Japan and South Korea due to the shift of automotive production to the developing economies. On the other hand, the developing economies such as China and India are witnessing rise in automobile production and urbanization and eventually driving the demand for automotive headlamp reflectors.

Some of the key players operating in the global yogurt market, profiled in the report include Hella KGAA Hueck & Co, Hyundai Mobis, Ichikoh Industries, Ltd., Koito Manufacturing Co. Ltd., Magneti Marelli S.P.A, Stanley Electric Co., Ltd., Bosch Limited, Federal-Mogul Powertrain, Winjet Automotive Inc., Koninklijke Philips N.V., OSRAM GmbH.

Standard Regulation for Installation of Automotive Headlamp Reflector:

1. A motor vehicle, 760 millimeters wide, with its load must have headlamp reflector mounted on a rigid part:
a) Excluding motor vehicle tongue, one amber reflector on each side and close to the front.
b) One red light reflector on each side and close to the rear.
c) If motor vehicle has its length more than 9.2 meters, then one amber reflector on each side at or near the midpoint.
2. A motor vehicle, less than 760 millimeters wide, with its load must have:
a) One red reflector on the rear that is permanently mounted on the vertical centre line and on rigid part.
b) One red reflector on each side of the rear permanently mounted.
3. A motor vehicle, more than 760 millimeters wide, with its load must have:
a) One red reflector on each side of the rear permanently.
4. The reflector of motor vehicle should be mounted:
a) At the distance between the centre of the reflector and ground level must not be less than 400 millimeters or less than 1.6 meters without load.
b) Visibility should be from 150 meters at nighttime if the high intensity beam is approaching.

Table of Content

Chapter 1. Automotive Headlamp Reflector Market Overview
Chapter 2. Global Automotive Headlamp Reflector Market Competition by Manufacturers
Chapter 3. Global Automotive Headlamp Reflector Capacity, Production, Revenue by Regions (2013-2018)
Chapter 4. Global Automotive Headlamp Reflector Supply (Production), Consumption, Export, Import by Regions (2013-2018)
Chapter 5. Global Automotive Headlamp Reflector Production (K Units), Revenue (Million USD), Price Trend by Types
Chapter 6. Global Automotive Headlamp Reflector Market Analysis by Applications
Chapter 7. Global Automotive Headlamp Reflector Manufacturers Profiles/Analysis
Chapter 8. Automotive Headlamp Reflector Manufacturing Cost Analysis
Chapter 9. Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10. Marketing Strategy Analysis, Distributors/Traders
Chapter 11. Market Effect Factors Analysis
Chapter 12. Global Automotive Headlamp Reflector Market Forecast (2018-2025)
Chapter 13. Research Findings and Conclusion
Chapter 14. Methodology and Data Source

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