The Business Research Company’s Automotive Halogen Bulbs Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON , UK, June 8, 2022 /EINPresswire.com/ — According to ‘Automotive Halogen Bulbs Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the automotive halogen bulbs market size is expected to grow from $8.92 billion in 2021 to $10.00 billion in 2022 at a compound annual growth rate (CAGR) of 12.1%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. As per TBRC’s automotive halogen bulbs market research the market is expected to reach $15.36 billion in 2026 at a CAGR of 11.3%. Lower cost benefits of halogen in headlights over other headlight types are expected to increase the automotive halogen bulbs market growth.
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The global automotive halogen bulbs market includes sales of automotive halogen bulbs that use a halogen gas inside the bulbs to increase light output and rated life.
Global Automotive Halogen Bulbs Market Trends
Manufacturers are increasingly offering dual-beam halogen bulbs to cater to the increasing demand from the automobile industry. 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.
Global Automotive Halogen Bulbs Market Segments
The global automotive halogen bulbs market is 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: The global automotive halogen bulbs market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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Automotive Halogen Bulbs Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides automotive halogen bulbs global market overview, analyzes and forecasts market size and growth for the global automotive halogen bulbs market, automotive halogen bulbs global market share, automotive halogen bulbs global market segments and geographies, automotive halogen bulbs global market players, automotive halogen bulbs global market leading competitor revenues, profiles and market shares. The automotive halogen bulbs global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Automotive Halogen Bulbs Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: GE Lighting, Philips Lighting, Osram Group, HELLA, Magneti Marelli, Toshiba, Eaton Cooper, Panasonic, and KOITO MANUFACTURING.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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About The Business Research Company
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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