According to a market report by Lucintel, the future of the global central high mount stop lamp market looks promising with opportunities in the passenger car and commercial vehicle markets. The global central high mount stop lamp market is grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are rising demand for premium and luxury vehicles and increasing stringent road safety regulations.
A more than 150-page report to understand trends, opportunity and forecast in central high mount stop lamp market to 2030 by product type (gas high mount stop lamps and LED high mount stop lamps), installation (first fit and retrofit), sales channel (original equipment manufacturer (OEM), original equipment supplier (OES), and independent aftermarket suppliers (IAS)), application (passenger car, commercial vehicles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that LED high mount stop lamp is expected to witness the higher growth over the forecast period due to their extended lifespan and enhanced energy efficiency.
Within this market, passenger car is expected to witness the higher growth.
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North America is expected to witness the highest growth over the forecast period due to growing number of car ownership and rising concerns towards road safety in the region.
Altair Engineering, Grote Industries, Hella, Crown Automotive Sales, Magneti Marelli, FLEX-N-GATE, Excellence Optoelectronics, North American Lighting, ICHIKOH INDUSTRIES, OSRAM LIGHTING are the major suppliers in the central high mount stop lamp market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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