Lucintel Forecasts the Global Automotive Halogen Headlight Market to Reach $46.0 billion by 2030
Lucintel Forecasts the Global Automotive Halogen Headlight Market to Reach $46.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global automotive halogen headlight market looks promising with opportunities in the passenger car and commercial vehicle markets. The global automotive halogen headlight market is expected to reach an estimated $46.0 billion by 2030 from $34.3 billion in 2024 at a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are rising demand for automobiles in emerging countries and increasing popularity of double-barrel headlights.
A more than 150 – page report is developed to understand trends, opportunity and forecast in automotive halogen headlight market to 2030 by channel (OEM and aftermarket), application (passenger cars, commercial vehicles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that OEM is expected to witness highest growth over the forecast period due to rising usage of halogen headlights by these manufacturers to incorporate such advancements into their vehicles to deliver enhanced visibility and safety for drivers.
Within this market, passenger car is expected to witness highest growth over the forecast period.
Download sample by clicking on automotive halogen headlight market
APAC is expected to witness highest growth over the forecast period due to increasing vehicle sales, rapid urbanization, and continual economic growth in the region.
Autolite, HELLA, Hyundai Motor, Koito Manufacturing, Koninklijke Philips, LG Electronics, Lumax Industries, Lumileds Holding, Minda Industries, Raj Enterprises are the major suppliers in the automotive halogen headlight market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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