Heavy Commercial Vehicles Lighting is expected to grow at a CAGR of roughly 4.3% over the next five years
This report focuses on the Heavy Commercial Vehicles Lighting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
On the basis of technology, the Commercial Vehicles Lighting market is segregated into halogen, xenon, and LED. Halogen dominated the industry in 2017 and is expected to grow at a CAGR of over 4.2% from 2017 to 2023. Low purchasing & replacement cost and easy availability are few factors for the adoption of halogen technology. They are available in different dimensions and are cost-effective and easy to replace. However, excessive heat loss while light radiation has increased awareness for energy efficiency leading to the reduced usage of halogen. LED lighting market accounted for over 10% of the overall share in 2017 and is expected to witness substantial growth over the forecast period. This is largely attributed to red LED applications such as indicators and brake lights.
The worldwide market for Heavy Commercial Vehicles Lighting is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 800 million US$ in 2023, from 620 million US$ in 2017, according to a new GIR (Global Info Research) study.
If you want to know more about the report ,you can contact the E-mail:report@globalinforesearch.com
Market Segment by Manufacturers, this report covers
Koito
Valeo
Hella
Magneti Marelli
ZKW Group
Lumax Industries
Varroc
TYC
Xingyu
Market Segment by Type, covers
Xenon Lights
Halogen Lights
LED
Other
Market Segment by Applications, can be divided into
Front Light
Rear Combination Light
Fog Lights
Interior Lighting
Others
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About Us:
GlobalInfoResearch is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.
Related Information:
United States Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Europe Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
North America Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Asia-Pacific Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
China Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
EMEA Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Global Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Contact US :
JOE
Sales Director (Global Info Research)
E-mail:report@globalinforesearch.com
Tel: +86-13660489451 00852-58197708(HK)
Add: Room 1902 Two International Finance Centre 8 Finance Street, Central Hong Kong
Website: http://www.globalinforesearch.com/goods_all.php
On the basis of technology, the Commercial Vehicles Lighting market is segregated into halogen, xenon, and LED. Halogen dominated the industry in 2017 and is expected to grow at a CAGR of over 4.2% from 2017 to 2023. Low purchasing & replacement cost and easy availability are few factors for the adoption of halogen technology. They are available in different dimensions and are cost-effective and easy to replace. However, excessive heat loss while light radiation has increased awareness for energy efficiency leading to the reduced usage of halogen. LED lighting market accounted for over 10% of the overall share in 2017 and is expected to witness substantial growth over the forecast period. This is largely attributed to red LED applications such as indicators and brake lights.
The worldwide market for Heavy Commercial Vehicles Lighting is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 800 million US$ in 2023, from 620 million US$ in 2017, according to a new GIR (Global Info Research) study.
If you want to know more about the report ,you can contact the E-mail:report@globalinforesearch.com
Market Segment by Manufacturers, this report covers
Koito
Valeo
Hella
Magneti Marelli
ZKW Group
Lumax Industries
Varroc
TYC
Xingyu
Market Segment by Type, covers
Xenon Lights
Halogen Lights
LED
Other
Market Segment by Applications, can be divided into
Front Light
Rear Combination Light
Fog Lights
Interior Lighting
Others
Request Sample Report :https://www.globalinforeport.com/global-heavy-commercial-vehicles-lighting-market_p66860.html
About Us:
GlobalInfoResearch is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.
Related Information:
United States Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Europe Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
North America Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Asia-Pacific Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
China Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
EMEA Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Global Heavy Commercial Vehicles Lighting Market 2018 Forecast to 2023
Contact US :
JOE
Sales Director (Global Info Research)
E-mail:report@globalinforesearch.com
Tel: +86-13660489451 00852-58197708(HK)
Add: Room 1902 Two International Finance Centre 8 Finance Street, Central Hong Kong
Website: http://www.globalinforesearch.com/goods_all.php