‘Automotive Headlamp Reflector Market to become US$ 774.9 million opportunity in 2023– Stratview Research Market Report
This report, from Stratview Research, studies the global automotive headlamp reflector market over the trend period of 2012 to 2017 and the forecast period of 2018 to 2023.
(EMAILWIRE.COM, March 02, 2019 )
As per the latest market intelligence report published by Stratview Research, the Automotive Headlamp Reflector Market is anticipated to reach at US$ 774.9 million by 2023.
The research studies Automotive Headlamp Reflector Market in the trend period of 2012 to 2017 and forecasted period of 2018 to 2023 under five segments by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle), by Light Type (Halogen, Xenon, LED, and Laser), by Material Type (Composites, Thermoplastics, and Others), by Manufacturing Process Type (Compression Molding, Injection Molding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The study finds –
Asia-Pacific is expected to remain the largest headlamp reflector market during the forecast period. The region is also expected to generate the maximum opportunities over the next five years, driven by mainly China and India.
Injection molding process is likely to remain the most dominant process in the global automotive headlamp reflector market.
Composite is projected to remain the most dominant material type in the automotive headlamp reflector market over the next five years. Bulk Molding Compound (BMC) is the most widely used composite material to make headlamp reflectors for all types of vehicles.
Click here to read the detailed description: https://www.stratviewresearch.com/173/automotive-headlamp-reflector-market.html
Go through the TOC: https://www.stratviewresearch.com/toc/173/automotive-headlamp-reflector-market.html
Automotive Headlamp Reflector Market: Highlights
The global automotive headlamp reflector market is projected to reach an estimated value of US$ 774.9 million in 2023. This is likely to create a healthy growth opportunity for the entire ecosystem of the market. Organic growth in automobile production, driven by increasing disposable income and growing urbanization is the major growth driver of the global automotive headlamp reflector market. Other noticeable drivers of the market are the increasing demand for LED headlamps and an advancement in materials.
The global automotive headlamp reflector market is segmented based on the vehicle type as Passenger Car, Light Commercial Vehicle (LCV), and Medium- & Heavy-Duty Commercial Vehicle (MHCV). The passenger car is expected to remain the growth engine of the automotive headlamp reflector market during the forecast period. Large passenger car production and incorporation of advanced reflector materials are the major drivers of the segment over the next five years. Hatchback and SUVs are gaining more traction in the passenger car segment.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
As per the latest market intelligence report published by Stratview Research, the Automotive Headlamp Reflector Market is anticipated to reach at US$ 774.9 million by 2023.
The research studies Automotive Headlamp Reflector Market in the trend period of 2012 to 2017 and forecasted period of 2018 to 2023 under five segments by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle), by Light Type (Halogen, Xenon, LED, and Laser), by Material Type (Composites, Thermoplastics, and Others), by Manufacturing Process Type (Compression Molding, Injection Molding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The study finds –
Asia-Pacific is expected to remain the largest headlamp reflector market during the forecast period. The region is also expected to generate the maximum opportunities over the next five years, driven by mainly China and India.
Injection molding process is likely to remain the most dominant process in the global automotive headlamp reflector market.
Composite is projected to remain the most dominant material type in the automotive headlamp reflector market over the next five years. Bulk Molding Compound (BMC) is the most widely used composite material to make headlamp reflectors for all types of vehicles.
Click here to read the detailed description: https://www.stratviewresearch.com/173/automotive-headlamp-reflector-market.html
Go through the TOC: https://www.stratviewresearch.com/toc/173/automotive-headlamp-reflector-market.html
Automotive Headlamp Reflector Market: Highlights
The global automotive headlamp reflector market is projected to reach an estimated value of US$ 774.9 million in 2023. This is likely to create a healthy growth opportunity for the entire ecosystem of the market. Organic growth in automobile production, driven by increasing disposable income and growing urbanization is the major growth driver of the global automotive headlamp reflector market. Other noticeable drivers of the market are the increasing demand for LED headlamps and an advancement in materials.
The global automotive headlamp reflector market is segmented based on the vehicle type as Passenger Car, Light Commercial Vehicle (LCV), and Medium- & Heavy-Duty Commercial Vehicle (MHCV). The passenger car is expected to remain the growth engine of the automotive headlamp reflector market during the forecast period. Large passenger car production and incorporation of advanced reflector materials are the major drivers of the segment over the next five years. Hatchback and SUVs are gaining more traction in the passenger car segment.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results