Automotive Fog Lights Market was valued US $ 687.71 Mn in 2018 and is estimated to reach US $ XX Mn by 2026 at a CAGR of about XX %.
Global Automotive Fog Lights Market
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.
The objective of the report is to present comprehensive analysis of Global Automotive Fog Lights market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Automotive Fog Lights market dynamics, structure by analyzing the market segments, and project the Global Automotive Fog Lights market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automotive Fog Lights market make the report investor’s guide.
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Market Scope of Global Automotive Fog Lights Market
Global Automotive Fog Lights Market, by Technology
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
Global Automotive Fog Lights Market, by End Market
Global Automotive Fog Lights Market, by Geography
• North America
• Middle East & Africa
• Latin America
Key Players in Global Automotive Fog Lights Market
• Flex-N-Gate Corporation
• Phoenix Lamps Limited
• Robert Bosch GmbH
• Magneti Marelli S.p.A.
• HELLA KGaA Hueck & Co.
• OSRAM Light AG
• Valeo SA
• ZKW Group
• Guangzhou Ledoauto Company Ltd.
• Hyundai Mobis
• Zizala Lichtsysteme GMBH
• General Electric
• Blazzer international
• Warn industries, Inc.
• Osram GMBH
• PIAA corporation
• Royal Philips Electronics
• Sammoon Lighting & Electrical Co., Ltd.
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