The Global Automotive High-mount Stop Lamp Market Is Forecasted To Grow At A Cagr Of 4.38% During The Period 2017-2021
LONDON, Nov. 28, 2017 /PRNewswire/ -- About Automotive High-Mount Stop Lamp
Automotive high-mount stop lamp (HMSL) alerts the driver as and when the brake is being activated in the vehicle present in front of it. The flash of the HMSL indicates that the brakes have been activated, which acts as a signal for the following car to slow down. The main purpose is to safeguard the vehicle to crash into the rear of another vehicle. The different types of HMSL used in the automobile are light emitting diode (LED), neon lamps, and incandescent lamps.
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Technavio's analysts forecast the global automotive high-mount stop lamp market to grow at a CAGR of 4.38% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive high-mount stop lamp market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas• APAC• EMEA
Technavio's report, Global Automotive High-Mount Stop Lamp Market 2017-2021, 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.
Key vendors
• HELLA
• KOITO MANUFACTURING
• Magneti Marelli• OSRAM
Other prominent vendors
• Stanley Electric
• Brown & Watson International
• Dialight
• Truck-Lite
Market driver
• Increase in vehicle production during the forecast period
• For a full, detailed list, view our report
Market challenge
• History of recalls associated with brake light systems
• For a full, detailed list, view our report
Market trend
• Center high-mounted stop lamp camera• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/5192387
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SOURCE ReportBuyer
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