GCC Automotive Lighting Market Overview
As per recent research by MarkNtel Advisors, the GCC Automotive Lighting Market is projected to grow at a CAGR of around 6.50% during the forecast period, i.e., 2023-28.
GCC Automotive Lighting Market Dynamics
Market Drivers : Escalating Demand for Electric Vehicles Boosted the Sales of Automotive Lighting
The demand for electric vehicles are increasing considerably across the GCC countries like the UAE, Saudi Arabia, etc., during the past few years, which has enhanced the sales of automotive lighting. The major factor contributing to the enhanced adoption of an electric vehicles is the advancing charging infrastructure across these countries. Several companies like Siemens, ABB E-mobility, etc. have been installing electric charging infrastructures across the region, which is enhancing the adoption of EVs among consumers.
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GCC Automotive Lighting Market Segmentation Overview 2023-2028: Key Factors
By Technology
-Halogen
-LED
-Xenon
By Application
-Front/Headlights
-Rear
-Side
-Interior Disposable
By Vehicle Type
-Two Wheelers
-Passenger Cars
-Commercial Vehicles
-Light Commercial Vehicles
-Medium & Heavy Commercial Vehicles
By Demand Type
-OEMs
-Aftermarket
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GCC Automotive Lighting Market Geographical Insights:
By Country:
-The UAE
-Saudi Arabia
-Oman
-Bahrain
-Kuwait
-Qatar
Key Players and Competitive Strategies in the GCC Automotive Lighting Market
Several prominent players dominate the GCC Automotive Lighting Market, including:
- Hella Middle East
- OSRAM Middle East
- Koito Manufacturing Co. Ltd
- Hyundai Mobis
- Robert Bosch GmbH
- Koninklijke Philips N.V.
- Denso Corporation
- Magneti Marelli S.p.A.
- SABIC
- Valeo
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Questions Addressed in this Study
1.How big is the GCC Automotive Lighting Market Size?
2.What is the GCC Automotive Lighting Market Growth?
3.Who are the key players of the GCC Automotive Lighting Market?
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