January 17, 2021

HEADLIGHT TESTER MARKET ANALYSIS

Headlight Tester Market, by Product Type (Manual Headlight Tester and Automatic Headlight Tester), by Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles), and by Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026

Automotive headlight tester is used by automakers to test the headlight of vehicles, in order to ensure the safety of vehicles before it is launched in the market. This equipment helps the company to check if the component of the vehicles meet the norms and standards.

Market Dynamics

Increasing number of road accidents due to human driving errors is expected to drive growth of the headlight tester market. For instance, according to the World Health Organization (WHO), an estimated 1.3 million road accidents occur annually worldwide, among which around 90% road traffic death occurs due to human errors or negligence to traffic regulations.

However, high cost of automatic headlight tester is one of the major factors hindering the global market growth. For instance, according to Coherent Market Insights’ analysis, the price of SVQD-1000C full automatic headlamp tester is US$ 5,600 per device. Similarly, the price of MQD-6A fully automatic headlight tester is US$ 9,400 per device.

Key features of the study:

  • This report provides in-depth analysis of headlight tester market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period (2018–2026), considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global headlight tester market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, head light accessories market capital, key developments, strategies, and future plans
  • Companies covered as part of this study include Anzen Motor Car, BM Autoteknik, Robert Bosch GmbH, Capelec, Chuo Electronic Measurement, Foshan Analytical Instrument, L.E.T. Automotive, MAHA Maschinenbau Haldenwang GmbH & Co. KG, Mingquan Scien-Tech, Beissbarth GmbH, and Nussbaum Automotive Solutions
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global headlight tester market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the global headlight tester market

Detailed Segmentation:

  • Global Headlight Tester Market, By Product Type:
    • Manual Headlight Tester
    • Automatic Headlight Tester
  • Global Headlight Tester Market, By Vehicle Type:
    • Passenger Car
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
  • Global Exterior Car Accessories Market, By Geography:
    • North America
      • By Product Type
      • By Vehicle Type
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Product Type
      • By Vehicle Type
      • By Country:
        • Germany
        • UK
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type
      • By Vehicle Type
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By Product Type
      • By Vehicle Type
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • By Product Type
      • By Vehicle Type
      • By Country:
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type
      • By Vehicle Type
      • By Country:
        • Northern Africa
        • Central Africa
        • South Africa
  • Company Profiles
    • Robert Bosch Gmbh*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • Anzen Motor Car
    • BM Autoteknik
    • Capelec
    • Chuo Electronic Measurement
    • Foshan Analytical Instrument
    • E.T. Automotive
    • MAHA Maschinenbau Haldenwang GmbH & Co. KG
    • Mingquan Scien-Tech
    • Beissbarth GmbH
    • Nussbaum Automotive Solutions

“*” marked represents similar segmentation in other categories in the respective section

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Source: https://www.coherentmarketinsights.com/market-insight/headlight-tester-market-2072