Press release
Automotive Halogen Bulbs Market Outlook -Estimated Market Size And Growth Rate
Automotive Halogen Bulbs Market
The Business Research Company's Automotive Halogen Bulbs Global Market Report 2023 identifiesLower cost benefits of halogen as the major driver for the Automotive Halogen Bulbs market's growth in the forecast period.These bulbs are used in projector bulbs in headlights and incorporate low replacement costs and lesser energy consumption as compared to incandescent bulbs.
The automotive halogen bulbs market size has grown strongly in recent years. It will grow from $10.91 billion in 2023 to $11.69 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%.It will grow to $14.14 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%.
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Major competitors in the Automotive Halogen Bulbs market are GE Lighting, Philips Lighting, Osram Group, HELLA, Magneti Marelli, Toshiba, Eaton(Cooper).
A key trend in the Automotive Halogen Bulbs market includes manufacturers are increasingly offering dual-beam halogen bulbs.These products consist of dual metal filaments that produce a high-energy dual-beam pattern comprising of a high beam and a low beam. The beams generated are of high light-emitting power. H4, H7, and H13 are some of the types of dual filament halogen bulbs. For instance, Phoenix Lamps, an India-based lighting manufacturer, manufactures and supplies the dual filament halogen lamps namely H4 & HS1 lamps used in four-wheelers and commercial vehicles to automotive companies such as Piaggio, Mahindra, BMW, and Volkswagen.
Read More On The Global Automotive Halogen Bulbs Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-halogen-bulbs-global-market-report
The Automotive Halogen Bulbs market is segmented -
By Product: Halogen Short-Arc Lights, Halogen Long-Arc Lights, Halogen Flash Lights
By Vehicle Type: Passenger Vehicle, Commercial Vehicle
By Application: OEMs, Aftermarket
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Halogen Bulbs market.
The Business Research Company's "Global Automotive Halogen Bulbs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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. Global Automotive Halogen Bulbs Market Size and Growth
….……
31. Global Automotive Halogen Bulbs Market Competitive Benchmarking
32. Global Automotive Halogen Bulbs Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Automotive Halogen Bulbs Market
34. Automotive Halogen Bulbs Market Future Outlook and Potential Analysis
35. Appendix
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