Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Heavy Commercial Vehicles Lighting is expected to grow at a CAGR of roughly 4.3% over the next five years

Halogen dominated the industry in 2017 and is expected to grow at a CAGR of over 4.2% from 2017 to 2023.
joe zheng | 03.09.2018
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

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