The market's CAGR is expected to be more than 19%, however, the market's growth momentum will decelerate owing to a decrease in the year over year growth.
Global Automotive eCall Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is bend lighting headlamps with LED technology. Automotive designers are increasingly adopting bendable lighting headlamps as this technology ensures maximum visibility for the driver and enables around-the-corner lighting. The inclusion of LED lighting technology helps them to easily manufacture bendable lighting headlamps.
According to the report, one driver in the market is need for energy efficient lighting systems. A large number of OEMs and suppliers are adopting efficient lighting system in their vehicles due to the growing government concerns and government initiatives and vital role of lighting system in automobile safety.
Further, the report states that one challenge in the market is high cost of LEDs. A major challenge for the global automotive LED headlamps market is the high cost of LEDs. LEDs cost more than their current substitutes, such as halogen or HID lamps. LEDs have witnessed market growth due to their energy efficiency and longer lifespan.
- Robert Bosch
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Technology
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/kw38rg/global_automotive?w=4