Global Automotive Fog Lights Market

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Publish date: June 21, 2019 01:56

Price: 4100.00 USD

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Global Automotive Fog Lights Market was valued US $630 Mn in 2017 and is estimated to reach US $1270 Mn by 2026 at a CAGR of about 9.16%. Fog lights are totally different from driving lights as they improved for use in dangerously thick fog. Fog lights are usually adjusted to the lower portion of vehicle and mounted on front bumper as they cut through the fog and light up the front road surface to provide a view of the road and escape accidents. The increase in the manufacturing volume of the automobiles is triggering the growth of the global automotive fog lights market. Increase in awareness of adaptive fog light solutions and safety measures drives the market in the developing regions. Other factors such as technological advancements, constant developments to augment efficiency and lifespan is also anticipated to contribute to the growth of automotive fog lights market. The major hinder for the market is the underdeveloped aftermarket services which can be used by the end users for product support, warranties, contracts, and parts procurements. Automotive fog lights market is segmented into technology, lamp position, colour emission type, vehicle type, end market, and region. In terms of technology, halogen has accounted the largest market share of 56% in 2017. The LED fog light segment is anticipated to remain sought-after in the market. The LED fog light segment is estimated to account for a prominent share of the market during the forecasting period. Based on colour emission type, the white fog light is projected to remain highly attractive in the market. This is mainly attributed to the reduction in glares by white fog lights, which in turn enables drivers to better view the obstacles on the roads. The blue fog light segment is estimated to account for the second-largest share of the market. At the time of replacements or maintenance, most of the end users choose to go for aftermarket rather than OEM. So that, aftermarket accounted the largest market share in 2017. OEM is generally the secondary market for automotive concerned with manufacturing, distribution, retailing and installation of vehicle parts. Fog light sales in OEM are expected to exhibit relatively lower market growth in the forecasting period. In terms of region, the dominant region of the automotive fog lights market is Asia Pacific as it is a major hub for the automotive manufacturing. North America is anticipated to remain the second largest market for automotive fog lights. Moreover, the demand for automotive fog lights in Middle East & Africa is anticipated to be sluggish during the forecast period. Key Players Profiled and Analised in the Report Flex-N-Gate Corporation, Phoenix Lamps Limited, Robert Bosch GmbH, Magneti Marelli S.p.A., HELLA KGaA Hueck & Co., OSRAM Light AG, Valeo SA, and ZKW Group. Market Scope of Global Automotive Fog Lights Market

Global Automotive Fog Lights Market by Technology

Xenon Halogen LED

Global Automotive Fog Lights Market by Lamp Position

Rear Fog Lights Front Fog Lights

Global Automotive Fog Lights Market by Colour Emission Type

white fog light blue fog light yellow fog light

Global Automotive Fog Lights Market by Vehicle Type

Passenger Vehicle LCV HCV

This Report Is Submitted By @Maximize Market Research  Company

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Name: Lumawant Godage

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Contact: +919607195908


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