Centre High Mount Stop Lamps Market: Overview
Centre High Mount Stop Lamps installed in the rear side and center position of vehicles to safeguard a car from being struck in the rear by another vehicle. Centre high mount stop lamps also available in the market as third braking light. Whenever brakes are applied, the CHMSL (Centre High Mount Stop Lamps) sends a highly conspicuous, unambiguous message to drivers of following vehicles that they must slow down. In most of the region such as North America, transportation ministry mandated to install Centre High Mount Stop Lamps in each vehicles. In 1983, Federal Motor Vehicle Safety Standard 108 has announced CHMSL as standard equipment for vehicles and also announced this standard should be strictly follow by each vehicles manufactures produce.
Moreover, according to a study by National Highway Traffic Safety Administration (NHTSA), 67% of all rear end accidents are occurred due to dimness of backlight. Therefore, installation of center high mounted stop lamp by OEMs is promising the lucrative growth opportunities for stakeholders over the coming decades.
In most of the luxury cars such as Cadillac ATS and CTS, Centre High Mount Stop Lamps are installed with spoiler which in turn improve vehicle’s aerodynamic performance.
According to automotive veteran team, center high mounted lamps may be more effective in towaway than in nontowaway crashes. And, Centre High Mount Stop Lamps will be more effective on wet roads as compared to dry road.
Centre High Mount Stop Lamps Market: Dynamics
Strict government regulations and standards pertaining to safety on road is projected to fillip the sales of centre high mounted stop lamps over the coming span of years. Furthermore, growing automotive vehicle’s fleet is anticipated to accelerate the installation of Centre High Mounted Stop Lamps in the coming years.
Centre High Mount Stop Lamps makers are offering the product in various shape and sizes with intend to cater the demand of each customers and make strong customer base. Furthermore, numerous models in the global market rolled out by manufacturer with extra features like chrome finishes, cargo lights, or platinum smoked lenses. These additional features also working as catalyst in the global centre high mount stop lamp over the stipulated time period.
Counterfeit products and lacking of installation process for CHMSL are some of the headwinds in the global Centre High Mount Stop Lamps market.
Manufacturer are using heavy duty housing made by high quality plastics or chromium material so that these lights can work efficiently in harsh environment or any bad weathers. Furthermore, LED type Centre High Mount Stop Lamps is a bubbling up trend in the global market owing to this type of brake light is small, consumes less energy, requires less maintenance, and has sharper brightness compared to other lights.
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Centre High Mount Stop Lamps Market: Key Participants
Some of the market participants in the Centre High Mount Stop Lamps market identified across the value chain:
- Hella KGaA Hueck & Co.
- Grote Industries, Inc.
- North American Lighting, Inc.
- OSRAM GmbH
- Magneti Marelli S.p.A.
- Altair Engineering, Inc.
- Crown Automotive Sales Co. Inc.
- Excellence Optoelectronics Inc.
- ICHIKOH INDUSTRIES, LTD.
- FLEX-N-GATE CORPORATION
By vehicle type, Centre High Mount Stop Lamps market can be segmented as:
- Compact Cars
- Mid-Size Cars
- SUVs
- Luxury Cars
- Light trucks
- Vans
By Installation type, Centre High Mount Stop Lamps market can be segmented as:
- First fit
- Retrofit
By Sales Channel, Centre High Mount Stop Lamps market can be segmented as:
- OEM (Original Equipment Manufacturer)
- OES (Original Equipment Supplier)
- IAS (Independent Automotive Supplier)
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Report Highlights:
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments for Centre High Mount Stop Lamps Market
- Competitive landscape for yorker spouts market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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