Market Overview:
The global car bulb socket market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automobiles and the subsequent increase in sales of light bulbs across different regions. Additionally, factors such as technological advancements and innovations are also contributing significantly to the growth of this market. Based on type, the global car bulb socket market is segmented into one plug, two plugs, triple plugs, and others. Among these segments, the one plug segment is expected to account for a major share of the global car bulb socket market during the forecast period owing to its low installation cost and easy installation process. Based on application,the global car bulb socketmarket is divided into low beam lightbulbs,, high beam lightbulbs,, brake lights,, fog lights,, and others (interior lights). The brake light segment accounts for a major share of this market due its importance in ensuring safety while driving.
Product Definition:
A car bulb socket is a device that attaches to a light bulb and provides power to it. It also allows the bulb to be removed from the fixture for replacement.
One Plug:
One Plug is a smart device that can be plugged into the car's 12V power outlet and it will monitor all the sockets in your vehicle. It has an in-built temperature sensor that helps to prevent overheating, overcharging, and undercharging of any devices connected to it.
Two Plugs:
The two plugs and it's usage in car bulb socket market is driven by the growing demand for electronic devices in automobiles. The sockets of two plugs are used to fit into a vehicle’s power outlet. It has become very popular among the consumers owing to its ability to provide extra charging options while driving, which is safer than using a portable charger at home or office.
The sockets of two plugs have different shapes.
Application Insights:
The low beam light application segment accounted for the largest revenue share of over 40% in 2017. The growing demand for LED headlights in various vehicles, including cars, two wheelers and buses is expected to be a key factor driving the global car bulb socket market over the forecast period.
High-beam light application segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing to technological advancements and increased use of high-beam lights on roadsides and highways during daytime as well as night time conditions by drivers trying to avoid accidents or hitting other vehicles¢â‚¬â„¢ side mirrors due largelyto blind spots created by these lights beams that are aimed directly ahead thus increasing visibility distance between vehicle driver and other road users thereby improving safety on roadsides.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for luxury vehicles, electric cars, commercial vehicles, passenger cars and motorcycles. This trend is projected to continue over the next eight years on account of rising disposable income coupled with growing population in countries such as China and India. Moreover, government initiatives encouraging people to use public transport are anticipated to reduce carbon emissions thus benefitting the industry growth in this region.
Europe accounted for a significant share of revenue owing to stringent regulations imposed by governments across various countries regarding vehicle emission norms. For instance, Germany has implemented strict rules against using halogen bulbs that emit toxic gas when burned along with oil which will hinder product penetration but ensure high lumen output bulbs remain available across this region thereby boosting overall growth during the forecast period.
Growth Factors:
- Increasing demand for automobiles
- Technological advancements in car bulb sockets
- Growing awareness about the benefits of using car bulbs sockets
- Rising disposable income of consumers
- Growing number of online retail stores
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Bulb Socket Market Research Report
By Type
One Plug, Two Plugs, Triple Plugs, Others
By Application
Low Beam Light, High Beam Light, Brake Light, Fog Light, Others
By Companies
MOLEX, TE &Tyco, Amphenol, FCI, FOXCONN, Yazaki, HRS, Sumitomo, JST, JAE, MOLEX, Foxlink, Luxshare, KET, Lotes
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Car Bulb Socket Market Report Segments:
The global Car Bulb Socket market is segmented on the basis of:
Types
One Plug, Two Plugs, Triple Plugs, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Low Beam Light, High Beam Light, Brake Light, Fog Light, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MOLEX
- TE &Tyco
- Amphenol
- FCI
- FOXCONN
- Yazaki
- HRS
- Sumitomo
- JST
- JAE
- MOLEX
- Foxlink
- Luxshare
- KET
- Lotes
Highlights of The Car Bulb Socket Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- One Plug
- Two Plugs
- Triple Plugs
- Others
- By Application:
- Low Beam Light
- High Beam Light
- Brake Light
- Fog Light
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Bulb Socket Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A car bulb socket is a receptacle in the dashboard of a car that allows an electric light to be plugged into the vehicle's electrical system.
Some of the major companies in the car bulb socket market are MOLEX, TE &Tyco, Amphenol, FCI, FOXCONN, Yazaki, HRS, Sumitomo, JST, JAE, MOLEX, Foxlink, Luxshare, KET, Lotes.
The car bulb socket market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Bulb Socket Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car Bulb Socket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Bulb Socket Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car Bulb Socket Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car Bulb Socket Market Size & Forecast, 2018-2028
4.5.1 Car Bulb Socket Market Size and Y-o-Y Growth
4.5.2 Car Bulb Socket Market Absolute $ Opportunity
Chapter 5 Global Car Bulb Socket Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Car Bulb Socket Market Size Forecast by Type
5.2.1 One Plug
5.2.2 Two Plugs
5.2.3 Triple Plugs
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Bulb Socket Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Car Bulb Socket Market Size Forecast by Applications
6.2.1 Low Beam Light
6.2.2 High Beam Light
6.2.3 Brake Light
6.2.4 Fog Light
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Bulb Socket Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Bulb Socket Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Car Bulb Socket Analysis and Forecast
9.1 Introduction
9.2 North America Car Bulb Socket Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Car Bulb Socket Market Size Forecast by Type
9.6.1 One Plug
9.6.2 Two Plugs
9.6.3 Triple Plugs
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Car Bulb Socket Market Size Forecast by Applications
9.10.1 Low Beam Light
9.10.2 High Beam Light
9.10.3 Brake Light
9.10.4 Fog Light
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Car Bulb Socket Analysis and Forecast
10.1 Introduction
10.2 Europe Car Bulb Socket Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Car Bulb Socket Market Size Forecast by Type
10.6.1 One Plug
10.6.2 Two Plugs
10.6.3 Triple Plugs
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Car Bulb Socket Market Size Forecast by Applications
10.10.1 Low Beam Light
10.10.2 High Beam Light
10.10.3 Brake Light
10.10.4 Fog Light
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Car Bulb Socket Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Bulb Socket Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Car Bulb Socket Market Size Forecast by Type
11.6.1 One Plug
11.6.2 Two Plugs
11.6.3 Triple Plugs
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Car Bulb Socket Market Size Forecast by Applications
11.10.1 Low Beam Light
11.10.2 High Beam Light
11.10.3 Brake Light
11.10.4 Fog Light
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Car Bulb Socket Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Bulb Socket Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Car Bulb Socket Market Size Forecast by Type
12.6.1 One Plug
12.6.2 Two Plugs
12.6.3 Triple Plugs
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Car Bulb Socket Market Size Forecast by Applications
12.10.1 Low Beam Light
12.10.2 High Beam Light
12.10.3 Brake Light
12.10.4 Fog Light
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Car Bulb Socket Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Bulb Socket Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Car Bulb Socket Market Size Forecast by Type
13.6.1 One Plug
13.6.2 Two Plugs
13.6.3 Triple Plugs
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Car Bulb Socket Market Size Forecast by Applications
13.10.1 Low Beam Light
13.10.2 High Beam Light
13.10.3 Brake Light
13.10.4 Fog Light
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Bulb Socket Market: Competitive Dashboard
14.2 Global Car Bulb Socket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MOLEX
14.3.2 TE &Tyco
14.3.3 Amphenol
14.3.4 FCI
14.3.5 FOXCONN
14.3.6 Yazaki
14.3.7 HRS
14.3.8 Sumitomo
14.3.9 JST
14.3.10 JAE
14.3.11 MOLEX
14.3.12 Foxlink
14.3.13 Luxshare
14.3.14 KET
14.3.15 Lotes
