Title: Xenon Lights Market : Share, Size, Trends And Forecast Research Report 2017-2022
1 Global Xenon Lights Market to Reach US 8 Billion
2022
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3Report Description and Highlights
Report Description
Global Xenon Lights Market to Reach US 8
Billion 2022 The global xenon lights market has
grown positively over the past several years.
This can be accredited to the evolution of
numerous new applications of xenon lights,
majorly in the automotive sector, where they are
gradually replacing halogen bulbs. According to
IMARC Groups latest report, titled Xenon Lights
Market Global Industry Trends, Share, Size,
Growth, Forecast and Opportunity 2017-2022,
the global xenon lights market reached a value of
US 4.5 Billion in 2016. Xenon lights use xenon
gas-charged and sealed system to generate light
through an electric charge between two
electrodes. They produce a brighter, whiter
light, which is similar to natural sunlight.
Xenon bulbs are used in HID (high-intensity
discharge) lighting and represent a better
alternative to halogen bulbs, as they give a
premium and stylish look. Some of the other
benefits offered by the xenon lights are high
light output, less consumption of energy, long
lifespan, and cost-effectiveness. Nowadays, they
are extensively used in searchlights, projectors
and for specialized applications across
industries and research institutes to simulate
natural sunlight. Request Sample of the Report
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4Report Description and Highlights
Report Description
5Report Description and Highlights
Report Description
- Highlights of the global xenon lights market
- Evolution of new applications of xenon lights
remains the key growth inducing factor. - Automotive headlights represent the largest
end-use segment, accounting for the majority of
the total share. - Asia-Pacific is the leading market for xenon
lights, holding the largest share globally. - The market is driven by the growing applications
of xenon lights, especially in the automotive
sector, where they are primarily used to enhance
the visibility for the driver, improve vehicle
conspicuity, and indicate the position and
presence of other vehicles. They are also used to
enhance the design and appearance of modern cars.
To widen the consumer-base, manufacturers are now
producing customized lighting kits for driving
enthusiasts, which also complement the aesthetic
value of the vehicle. Additionally, the demand
for xenon lights has been accelerated by the
growing trend of ambient lighting, where they are
extensively used in interior lighting designs.
The market is also positively influenced by some
other factors such as growing population,
improving infrastructure, rising purchasing
power, changing lifestyles and preferences,
governmental initiatives, and reduced vehicle
production costs. Owing to the abovementioned
forces, the market is further expected to reach a
value of more than US 8 Billion by 2022,
exhibiting a CAGR of more than 10 during
2017-2022. - Read full report _at_ http//www.imarcgroup.com/xenon
-lights-market
6Report Description and Highlights
Report Description
- The market has been segmented on the basis of
applications into automotive headlights, theatre
and movie projectors, and interior lighting.
Among these, automotive headlights account for
the largest share. Region-wise, Asia-Pacific
represents the leading market, holding the
majority of the total global share. Other major
regions include Europe, North America, Middle
East and Africa, and Latin America. The report
has also analyzed the competitive landscape of
the market with some of the key global players
being Osram, General Electric, Philips, Stanley
Electric and Hella. -
- The report by IMARC Group has examined the global
xenon lights market on the basis of - Application
- Automotive Headlights
- Theatre and Movie Projectors
- Interior Lighting
- Region
- Asia-Pacific
- Europe
- North America
7Report Description and Highlights
Report Description
- Middle East and Africa
- Latin America
- Key players
- Osram
- General Electric
- Philips
- Stanley Electric
- Hella
-
- Browse more related reports
- UAE LED Lights Market http//www.imarcgroup.com/
led-lights-market-uae - LED Bulb Market http//www.imarcgroup.com/led-bul
b-manufacturing-plant
8Report Description and Highlights
Report Description
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