Press release
Automotive Light Emitting Diode Bulbs Global Market By Manufacturers, Technology, Application, Product Type, Regions, Growth Analysis And Forecast To 2032 | SG Automotive, Hella, KOITO, Magneti Marelli, OSRAM
As per the automotive halogen bulbs market report by The Business Research Company, 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 consumption as compared to incandescent bulbs.
The global automotive halogen bulbs market size will grow from $9.28 billion in 2022 to $10.91 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive halogen bulbs market size is expected to grow to $13.93 billion in 2027 at a CAGR of 6.3%.
Read More On The Automotive Halogen Bulbs Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-halogen-bulbs-global-market-report
Major competitors in the automotive halogen bulbs market include GE Lighting, Philips Lighting, Osram Group, HELLA, Magneti Marelli, Toshiba, Eaton Cooper, Panasonic, and Koito Manufacturing.
The automotive halogen bulbs market are segmented -
• By Product: Halogen Short-Arc Lights, Halogen Long-Arc Lights, Halogen Flash Lights
• By Application: OEMs, Aftermarket
• By Vehicle Type: Passenger Vehicle, Commercial Vehicle
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the Automotive halogen bulbs market.
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Automotive halogen bulbs are defined as bulbs that use halogen gas inside the bulbs to increase light output and rated life.
The Table Of Content For The Automotive Halogen Bulbs Market 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
The "Global Automotive Halogen Bulbs Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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