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The global HID market volume estimation and brief introduction

The estimated global market volume of HID lights from 2022 to 2028
The global HID (high intensity discharge)light is estimated to be up to USD 3.2324 billion in the year 2022. At a CAGR of 3.2%, the global market volume is projected to rech USD 3.9048 billion by the end of 2028.

Rising introduction of HID light in vehicles and increasing demand for extrenely bright light for better vision result in the stimulated market growth and increased market adoption.

Based on type, the market is classfied into HID short-arc lights, HID long-arc light,HID flash lights, and others. HID short-arc lights is estimated to be the major type.

As per application, the market is divided into automobile headlights,motocycle headlights,theater and movie projects lights and others.Automobile HID headlights will be the leading application.

Compared with traditional halogen lights, HID lights has many features such as engineering flexibility and brighter light.The HID lights can cover larger area and has higher durability than halogen lights.

Asia Pacific is expected to hold the largest market share of HID lights because of growing numbers of vehicles and rising inflating income level.Europe is anticipated to achieve high market growth because of growth in automobile sector, high demand for safe driving, growing trend for ambient light.

There are fierce market competition on global market of HID lights, the following listed players are world-famous, some of them are also well-known suppliers in LED work lights markets.

·Hella (Germany)
·Osram (Germany)
·Philips (Netherlands)
·Panasonic (Japan)
·Aurora Lighting (UK)
·Monobee (Singapore)
·Cnlight (China)
·Foshan Lighiting (China)
·Haining Taichang (China)
·SME (China)
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