Automotive Halogen Headlights Market: USD 1.76 Bn decremental growth expected between 2021 and 2026

PR Newswire
Monday, October 3, 2022 at 1:15am UTC

Automotive Halogen Headlights Market: USD 1.76 Bn decremental growth expected between 2021 and 2026

PR Newswire

NEW YORK, Oct. 2, 2022 /PRNewswire/ -- The "Automotive Halogen Headlights Market by Application and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the automotive halogen headlights market between 2021 and 2026 is USD -1.76 bn. The report considers various factors including the revenue generated by vendors, the average life of auto components, replacement rate, and new vehicle sales among others to estimate the size of the market. Download PDF Report Sample

Key Market Dynamics:
  • Market Driver
  • Market Challenges

The market is driven by the lower cost benefits of halogen headlights over other headlight types. Halogen headlights are both cost-effective and long-lasting. A typical halogen headlight bulb has an over 100-hour work life, and its replacement cost is just $15-$30, which is significantly lower than LEDs, that cost around $100. They also consume less space than others, which makes them ideal for entry-level cars. Many such benefits are driving the demand for halogen headlamps, thereby driving the growth of the market.

The growing demand for automobiles in emerging economies will also boost the growth of the market during the forecast period. However, the increasing popularity of LED and laser headlights will reduce the growth potential in the market.

Company Profiles

Some of the companies covered in this report are Autolite (India) Ltd., HELLA GmbH and Co. KG, Hyundai Motor Co., JB Industries, Koito Manufacturing Co. Ltd., Koninklijke Philips NV, Lumax Industries Ltd., Minda Industries Ltd., OSRAM GmbH, RAJ ENTERPRISES, Robert Bosch GmbH, Sunway Autoparts, Suprajit Engineering Ltd., TA YIH INDUSTRIAL Co. Ltd., Tungsram Operations Kft., Uravi T and Wedge Lamps Ltd., Valeo SA, Varroc Engineering Ltd., and ZKW Group GmbH, etc. Request Sample Report Here

Competitive Analysis

The global automotive halogen headlights market is fragmented due to the presence of well-diversified global and regional vendors. The competition among the vendors with respect to quality, size, and performance is intense in the market. Investments in developing innovative designs in terms of size and weight are expected to continue during the forecast period. The introduction of dual-beam bulb technology in the market is expected to intensify the competition among the existing automotive halogen headlight vendors. These factors would benefit customers extensively in terms of cost as well as performance.

The competitive scenario provided in the automotive halogen headlights market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation
  • By application, the market is classified into segments such as passenger cars and commercial vehicles.
  • By geography, the market is classified as APAC, Europe, North America, South America, and the Middle East and Africa.

Discover potential segments to invest in over the forecast period. Read Sample Report Now

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Automotive Halogen Headlights Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of -4.73%

Market growth 2022-2026

USD -1.76 billion

Market structure

Fragmented

YoY growth (%)

-4.27

Regional analysis

APAC, Europe, North America, South America, and the Middle East and Africa

Performing market contribution

The Middle East and Africa at 2%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Autolite (India) Ltd., HELLA GmbH and Co. KG, Hyundai Motor Co., JB Industries, Koito Manufacturing Co. Ltd., Koninklijke Philips NV, Lumax Industries Ltd., Minda Industries Ltd., OSRAM GmbH, RAJ ENTERPRISES, Robert Bosch GmbH, Sunway Autoparts, Suprajit Engineering Ltd., TA YIH INDUSTRIAL Co. Ltd., Tungsram Operations Kft., Uravi T and Wedge Lamps Ltd., Valeo SA, Varroc Engineering Ltd., and ZKW Group GmbH

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments 
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application 
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Passenger cars - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Passenger cars - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Passenger cars - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Passenger cars - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Passenger cars - Year-over-year growth 2021-2026 (%)
  • 5.4 Commercial vehicles - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Commercial vehicles - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Commercial vehicles - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Commercial vehicles - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Commercial vehicles - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Application 
    • Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 India - Market size and forecast 2021-2026 
    • Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 HELLA GmbH and Co. KG 
    • Exhibit 89: HELLA GmbH and Co. KG - Overview
    • Exhibit 90: HELLA GmbH and Co. KG - Business segments
    • Exhibit 91: HELLA GmbH and Co. KG - Key offerings
    • Exhibit 92: HELLA GmbH and Co. KG - Segment focus
  • 10.4 Hyundai Motor Co. 
    • Exhibit 93: Hyundai Motor Co. - Overview
    • Exhibit 94: Hyundai Motor Co. - Business segments
    • Exhibit 95: Hyundai Motor Co. - Key news
    • Exhibit 96: Hyundai Motor Co. - Key offerings
    • Exhibit 97: Hyundai Motor Co. - Segment focus
  • 10.5 Koito Manufacturing Co. Ltd. 
    • Exhibit 98: Koito Manufacturing Co. Ltd. - Overview
    • Exhibit 99: Koito Manufacturing Co. Ltd. - Business segments
    • Exhibit 100: Koito Manufacturing Co. Ltd. - Key offerings
    • Exhibit 101: Koito Manufacturing Co. Ltd. - Segment focus
  • 10.6 Koninklijke Philips NV 
    • Exhibit 102: Koninklijke Philips NV - Overview
    • Exhibit 103: Koninklijke Philips NV - Business segments
    • Exhibit 104: Koninklijke Philips NV - Key news
    • Exhibit 105: Koninklijke Philips NV - Key offerings
    • Exhibit 106: Koninklijke Philips NV - Segment focus
  • 10.7 OSRAM GmbH 
    • Exhibit 107: OSRAM GmbH - Overview
    • Exhibit 108: OSRAM GmbH - Business segments
    • Exhibit 109: OSRAM GmbH - Key offerings
    • Exhibit 110: OSRAM GmbH - Segment focus
  • 10.8 TA YIH INDUSTRIAL Co. Ltd. 
    • Exhibit 111: TA YIH INDUSTRIAL Co. Ltd. - Overview
    • Exhibit 112: TA YIH INDUSTRIAL Co. Ltd. - Product / Service
    • Exhibit 113: TA YIH INDUSTRIAL Co. Ltd. - Key offerings
  • 10.9 Tungsram Operations Kft. 
    • Exhibit 114: Tungsram Operations Kft. - Overview
    • Exhibit 115: Tungsram Operations Kft. - Product / Service
    • Exhibit 116: Tungsram Operations Kft. - Key offerings
  • 10.10 Valeo SA 
    • Exhibit 117: Valeo SA - Overview
    • Exhibit 118: Valeo SA - Business segments
    • Exhibit 119: Valeo SA - Key offerings
    • Exhibit 120: Valeo SA - Segment focus
  • 10.11 Varroc Engineering Ltd. 
    • Exhibit 121: Varroc Engineering Ltd. - Overview
    • Exhibit 122: Varroc Engineering Ltd. - Business segments
    • Exhibit 123: Varroc Engineering Ltd. - Key news
    • Exhibit 124: Varroc Engineering Ltd. - Key offerings
    • Exhibit 125: Varroc Engineering Ltd. - Segment focus
  • 10.12 ZKW Group GmbH 
    • Exhibit 126: ZKW Group GmbH - Overview
    • Exhibit 127: ZKW Group GmbH - Product / Service
    • Exhibit 128: ZKW Group GmbH - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 129: Inclusions checklist
    • Exhibit 130: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 131: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 132: Research methodology
    • Exhibit 133: Validation techniques employed for market sizing
    • Exhibit 134: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 135: List of abbreviations
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