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(Transportation-News.com, December 13, 2018 )
Stratview Research announces the launch of a new research report on Automotive Headlamp Reflector Market. This 225-page extensive report from Stratview Research, studies Automotive Headlamp Reflector Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Headlamp Reflector Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)- The passenger car is expected to remain the growth engine.
• By Light Type (Halogen, Xenon, LED, Laser)- Halogen is projected to maintain its dominance in the headlamp reflectors market.
• By Material Type (Composites, Thermoplastics, Other Materials)- Composite is projected to remain the most dominant material type.
• By Manufacturing Process Type (Compression Molding, Injection Molding, Other Processes)- Injection molding process is likely to remain the most dominant process in the global automotive headlamp reflector market.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Asia-Pacific is expected to remain the largest headlamp reflector market.
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Automotive Headlamp Reflector Market Insights
The global automotive headlamp reflector market is projected to reach an estimated value of US$ 774.9 million in 2023. This is likely to create a healthy growth opportunity for the entire ecosystem of the market. Organic growth in automobile production, driven by increasing disposable income and growing urbanization is the major growth driver of the global automotive headlamp reflector market. Other noticeable drivers of the market are the increasing demand for LED headlamps and an advancement in materials.
The supply chain of this market comprises raw material suppliers, compounders, reflector manufacturers, headlamp manufacturers, distributors, automotive OEMs, and dealers. The key automotive headlamp reflector manufacturers are Koito Manufacturing Co. Ltd, Valeo S.A., Magneti Marelli, Hella KGaA Hueck & Co., and Stanley Electric Co. Ltd. Lightweight product and strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.
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Stratview Research
Ritesh Gandecha
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Source: EmailWire.Com 
Source: EmailWire.com
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