|By PR Newswire||
|April 17, 2014 02:59 PM EDT||
DUBLIN, April 17, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/4hh9lq/global_automotive) has announced the addition of the "Global Automotive Halogen Lighting Market 2014-2018" report to their offering.
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The analysts forecast the Global Automotive Halogen Lighting market to grow at a CAGR of 1.24 percent over the period 2013-2018. One of the key factors contributing to this market growth is the easy accessibility across all geographies. The Global Automotive Halogen Lighting market has also been witnessing the continuing adoption of halogen lamps in low-cost vehicles. However, the excess generation of heat by halogen lamps could pose a challenge to the growth of this market.
The report, the Global Automotive Halogen Lighting Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and the EMEA regions, and the Americas; it also covers the Global Automotive Halogen Lighting market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
A major trend being witnessed in the Global Automotive Halogen Lighting market is the continued adoption of halogen lamps in low-cost vehicles. Halogen lamps have strong penetration across all geographies and are less expensive than xenon and LED lamps.
Despite the increased adoption of xenon and LED lamps in high-end or luxury vehicles, low-cost vehicles are expected to continue using halogen lamps in the coming years. The replacement cost of halogen lamps is also very low, and this is further expected to drive the adoption of halogen lamps in these vehicles.
According to the report, the main factor which is driving the market growth is the easy availability of halogen lamps in all geographies. Vehicles are increasingly being used in both urban and rural areas, and the easy availability of halogen lamps in both these areas is increasing their adoption.
Further, the report states that the excess heat generated by halogen lamps is a major challenge hindering the growth of the market. Though halogen lighting is an efficient lighting technology, halogen lamps tend to emit excess heat, which is wasted. This excess heat produced by halogen lamps can damage nearby assemblies in the setup or can at times lead to them exploding.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Geographical Segmentation
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- Changzhou Jiadun Lighting Co. Ltd.
- DEPO AUTO PARTS IND. Co. Ltd.
- Hella Kgaa Hueck & Co.
- Ichikoh Industries Ltd.
- Koito Manufacturing Co. Ltd.
- Magneti MareIli S.p.A.
- Samlip Corp.
- Stanley Electric Co. Ltd.
- TAYIH Industrial Co.
- TYC Genera Corp.
- Valeo S.A.
- Visteon Corp.
- ZIZALA Lichtsysteme GmbH
For more information visit http://www.researchandmarkets.com/research/4hh9lq/global_automotive
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets