Headlight Control Module - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Headlight Control Module Market is accounted for $3.41 million in 2018 and is expected to reach $5.52 million by 2027 growing at a CAGR of 5.5% during the forecast period. Increasing advancements in lighting technology, growing sales of premium vehicles and SUVs and rising bulb out warning systems are the major factors driving the market growth. However, requirement of better and individual cooling system to improve the life-period of the lighting systems may hamper the market growth.
Headlight control module is an electronic controlling component installed in vehicles to control the lighting functions of the vehicle. This component is also responsible for controlling the functioning of horns in vehicles. The function includes low beam lights, high beam lights and beam pass of the vehicle, which plays a crucial role during the drive.
By Technology, Light-Emitting Diode (LED) segment has a growing prominence due to the its more adaptive features, and aesthetically appealing looks. Advances in automotive LED technology enable drivers to turn the corners and negotiate nighttime driving with greater safety. Based on geography, Asia Pacific is estimated to have a lucrative growth due to high consumer adoption and high sales of automobiles in this region.
Some of the key players profiled in the Headlight Control Module Market include Aptiv, Continental AG, Hella, Hyundai Mobis, Keboda, Lear Corporation, Magneti Marelli, Renesas, Vale and ZKW.
Vehicle Types Covered:
• Light Commercial Vehicle
• Passenger Car
• Headlight Levelling
• High Beam Assist
• On/Off Function
• Light-Emitting Diode (LED)
• Mpv Segment
• Suv A Segment
• Suv B Segment
• Suv C Segment
• Suv D Segment
• Suv E Segment
• A Segment
• B Segment
• C Segment
• D Segment
• E Segment
• F Segment
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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