The automotive headlight bulb is attached to the front of the vehicle with a purpose to illuminate the road ahead and provide better visibility while riding at night or in bad weather conditions. Moreover, the automotive headlight bulb plays a vital role in road safety. Modern headlamps are electrically operated and provide a low and high beam. Low beam has lateral illumination and is suitable when the road ahead is occupied by vehicle. High beam consists of a center-weighted distribution of light and is suitable when alone on the road as the intensity of light may distract the other drivers. Longevity, easy availability, and low cost associated with headlight bulb give an edge over other automotive lighting technologies.
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Key Market Players
- Philips
- Osram GmbH
- GE
- Sylvania
- PIAA
- HELLA
- Ring Automotive Limited
- Lucas Electrical
- Stanley Electric Co. Ltd.
- Autolite Limited.
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COVID-19 scenario analysis:
- The novel coronavirus originated in China has impacted the world to a greater extent
- Lockdowns imposed by governments to fight against the pandemic has resulted in collapse of vehicle sales and have increased financial stress of automaker and automotive component manufacturers simultaneously.
- However, the manufacturers would consider the installation of automotive headlight bulb instead of other headlight options as the cost of bulb is negligible in comparison.
- Further, with adoption of headlight bulb, the cost of the vehicle is also reduced, which is anticipated to be one of the crucial factors in sales of vehicles during the pandemic.
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Key benefits of the report:
- This study presents the analytical depiction of the Automotive Headlight Bulb industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Automotive Headlight Bulb market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the automotive headlight bulb market research report:
- What are the leading market players active in the Automotive Headlight Bulb market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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