Press release
Automotive Rear Combination Lamp Market Growth with Worldwide Industry Analysis to 2025
The use of rear combination lamps for vehicles has provided numerous benefits such as better brightness, energy and cost saving and also offers enhanced safety. Owing to these factors, the global automotive rear combination lamp market is expected to witness robust growth over the forecast period.
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The growing demand for aesthetic appearance is also a factor driving the growth of automotive rear combination lamp market. Rear lamps are one of such car features that plays a crucial role in the vehicle’s appearance. With the use of rear combination lamps, the visual appeal of the vehicle is enhanced.
The initial cost for the rear combination lamps is higher than the conventional ones. However, the total cost determined on the energy basis and maintenance is much lower in case of rear combination lamps.
Moreover, the bulbs in combination with the rear light will be exposed to vibration, dampness, cold, heat, etc., thus the fixture of lamps in combination also plays an important role in the energy efficiency and performance of the lamps.
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The use of organic LEDs in rear combination lamps is the new trend in the global automotive rear combination lamps market. The manufacturers are focusing on the development of a precise combination of LEDs and optics so that the combination lamps can be more efficient and consume lesser power.
Examples of some of the market participants identified across the value chain of the global automotive rear combination lamps are: HELLA KGaA Hueck & Co., Peterson Manufacturing Company, LED Autolamps Europe LLP, OSRAM GmbH, Gordon Equipments Limited (Durite), Lucidity Enterprise Co., PROPLAST Fahrzeugbeleuchtung GmbH and Automotive Lighting Italia S.p.A among others.
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