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Market Outlook The global automotive projector headlamps market is expected to grow at a CAGR of 9% during the forecast period of 2019-2024, to attain a value of about USD 6.3 billion by 2024. The market has witnessed a healthy growth due to technological developments in automotive projector headlamp industry, such as introduction of automotive laser headlamp that offers clearer visibility than automotive LED headlamps. Asia-Pacific is emerging as a significant market for the product due to growing urbanisation in the region.