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Automotive Halogen Headlights - The Global Market, 2019 to 2023: HELLA, Koito Manufacturing, Magneti Marelli, OSRAM, Valeo, and Varroc Group are Leading the Competition - ResearchAndMarkets.com

February 13, 2019

DUBLIN--(BUSINESS WIRE)--Feb 13, 2019--The “Global Automotive Halogen Headlights Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The automotive halogen headlights market will register a CAGR of over 4% by 2023.

Halogen bulbs are the most economical option for the headlights in automotive vehicles. They are not only cost-effective but are also long-lasting enough to justify their pricing.

Halogen reflectors are the most basic type of headlights which are standardly adopted by mini vehicles across the world. In addition, to significantly lower the cost of production of halogen headlights, halogen reflectors are adopted. These headlights occupy less space than other headlights.

This makes them ideal as a fitment in entry-level cars. Therefore, we expect the lower cost of halogen headlights to remain a crucial driver for their adoption in the automotive market during the forecast period.

Growing demand for automobiles in emerging countries

The economic growth in the BRIGS nations has propelled the growth of the automotive industry. Many global automotive manufacturers have partnered with automakers based in the emerging markets to gain access to their domestic markets. Hence, the growing demand for automobiles in emerging economies will drive the demand for automotive halogen headlights.

Growing popularity of adaptive headlights

Adaptive lighting systems are witnessing adoption in vehicles owing to the additional safety and comfort that they provide to the driver.

Automotive OEMs are currently using adaptive headlights to differentiate themselves in the luxury vehicle segment, but we expect these systems to be introduced in CVs soon to enhance safety, especially during night driving. As a result, the growing adoption of adaptive headlights will have a negative impact on the demand for automotive halogen headlights during the forecast period.

Competitive Landscape

The market appears to be highly concentrated and with the presence of very few companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Players

HELLA Koito Manufacturing Magneti Marelli OSRAM Valeo Varroc Group

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

Comparison by application Passenger cars - Market size and forecast 2018-2023 Commercial vehicles - Market size and forecast 2018-2023 Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic comparison APAC - Market size and forecast 2018-2023 Europe - Market size and forecast 2018-2023 North America - Market size and forecast 2018-2023 South America - Market size and forecast 2018-2023 The Middle East and Africa - Market size and forecast 2018-2023 Key leading countries Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

Development of halogen headlights with improved visibility Growing use of dual-beam bulbs in automotive headlights Growing popularity of double barrel headlights

PART 12: VENDOR LANDSCAPE

Overview Landscape disruption

PART 13: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors HELLA Koito Manufacturing Magneti Marelli OSRAM Valeo Varroc Group

For more information about this report visit https://www.researchandmarkets.com/research/fvwpdz/automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190213005367/en/

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Related Topics:Automotive Body, Trim and Glass

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE AFTERMARKET

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/13/2019 07:10 AM/DISC: 02/13/2019 07:10 AM

http://www.businesswire.com/news/home/20190213005367/en

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