Headlight Control Module Market worth $5.0 billion by 2027


Swapnil5511

Uploaded on Jul 26, 2019

Category Automotive

Headlight Control Module Market by Technology (Halogen, LED, Xenon), Application (On/Off, Bending/Cornering, High Beam Assist, and Headlight Leveling), Vehicle Type, Passenger Vehicle Segment, And Region- Global Forecast to 2027

Category Automotive

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Headlight Control Module Market worth $5.0 billion by 2027

MarketsandMarkets Presents Headlight Control Module Market worth $5.0 billion by 2027 https:// www.marketsandmarkets.com/Market-Reports/headlight-control-mo dule-market-36973459.html The report "Headlight Control Module Market by Technology (Halogen, LED, Xenon), Application (On/Off, Bending/Cornering, High Beam Assist, and Headlight Leveling), Vehicle Type, Passenger Vehicle Segment, And Region- Global Forecast to 2027" The headlight control module market is estimated to be USD 3.6 billion in 2019 and is projected to reach USD 5.0 billion by 2027, at a CAGR of 4.3%. Rising disposable income has resulted in an increase in consumer spending capability to purchase premium vehicles, which, in turn, is expected to drive the growth of the market. Government initiatives for implementing adaptive lighting to increase the driver’s safety and the rising sales of SUVs are likely to propel the growth of the market further. Browse 19 market data Tables and 113 Figures spread through 162 Pages and in-depth TOC on "Headlight Control Module Market” Get The PDF Brochure For This Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36973459 SUV B segment expected to be the fastest growing segment in the headlight control module SUV B segment is expected to witness an increase in penetration for adaptive headlamps in accordance with safety regulations implemented by various regulatory bodies. Additionally, the anticipated decreasing prices of these modules are expected to open opportunities for the growth of the market over the forecast period. Moreover, the increasing sales of SUV Bs in emerging economies, including India, are expected to boost the market growth for the headlight control module in this segment.     Headlight control module used for high beam assist is expected to lead the market High beam assist is the most critical application for adaptive headlights as it provides the driver to switch between different headlight intensities while driving. Headlight control module for high beam assist has a higher penetration level in passenger vehicles. Moreover, many leading suppliers, such as Hella and Valeo are actively working on the advancements in the headlight control modules used for this application.   To speak to our analyst for a discussion on the above findings, click  Speak to Analyst Asia Pacific to continue being the largest consumer of headlight control modules China was the largest manufacturer and consumer of the headlight control module due to the presence of a robust automobile production base and huge domestic sales of cars. Other Asian countries such as Japan, Korea, and India showcased promising growth for the years 2017– 2018 and the trend will continue till 2027. The Asian market is a production hub for the European and North American headlight control module manufacturers. Thus, the growing global sales of automobiles is expected to drive the growth of the headlight control module industry. Request for Sample Pages @ https:// www.marketsandmarkets.com/requestsampleNew.asp?id=36973459 The headlight control module market is dominated by Hella (Germany), Valeo (France), Continental (Germany), Denso (Japan), Hyundai Mobis (South Korea), Aptiv (Ireland), Osram (Germany), Magnetic Marelli (Italy), ZKW (Austria), Renesas (Japan), Lear Corporation (United States), Koito (Japan), NXP (Netherlands), Keboda (China), and Keetec (Slovakia). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.   Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.   MarketsandMarkets’s flagship compehttitipves :/in/ telligence and market research pwlawtfwo.rm,a r"RkTe"t scaondnemctasr koevtesr .c2o00m,0/M00a rmkaertk-eRtes paonrdt se/nhteiraed vliagluhet -choanintrso flo-mr o deuelpee-mr uanrdkerts-t3a6n9di7n3g 4o5f9 t.het munl met insights along with market sizing and forecasts of niche markets.    Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected]  MarketsandMarkets Blog http://www.marketsandmarkets.com http://twitter.com/marketsmarkets http://www.linkedin.com/company/marketsandmarkets