Global Automotive Headlamp Lens Cover Market 2018-2022
About Automotive Headlamp Lens Cover
Automotive headlamp lens cover is an outside casing around the headlamp to protect from harsh weather and debris on the road.
Technavio’s analysts forecast the global automotive headlamp lens cover market to grow at a CAGR of 2.92% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive headlamp lens cover market for 2018-2022. To calculate the market size, 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:
Technavio Announces the Publication of its Research Report – Global Automotive Headlamp Lens Cover Market 2018-2022
Technavio recognizes the following companies as the key players in the global automotive headlamp lens cover market: Robert Bosch, HELLA, Magnetti Marelli, Sekonix CO, and Sunex.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is automated inspection technology for automotive headlamp lens cover. Quality certification of automotive headlamp lens cover was mainly undertaken by manual means wherein an engineer would be carrying out visual tests for defects in the aesthetic features of the lens. However, automated inspection technology would be relying on machine vision to detect errors in the product.”
According to the report, one driver in the market is rising preference for composite plastic for manufacturing automotive headlamp lens cover. Composite plastics are being preferred for manufacturing automotive headlamp lens cover. Plastic automotive headlamp lens cover reduce the chances of breakage, reduce weight, and improve visibility. Polymethyl Methacrylate (PMMA) and PC are the commonly used composite plastics for manufacturing automotive headlamp lens cover.
Further, the report states that one challenge in the market is fluctuation in crude oil prices affecting procurement cost of PC plastic. Plastic compounds are generally derived from organic materials like crude oil. Various other natural substances from which plastic can be made are natural salt, natural gas, coal, and cellulose. However, crude oil is widely used for producing plastic.
Robert Bosch, HELLA, Magnetti Marelli, Sekonix CO, and Sunex.
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