According to a new market research report published by Acute Market Reports “Automotive Fog Lights Market – Growth, Future Prospects and Competitive Analysis, 2019 – 2027″, the overall automotive fog lights market worldwide was valued at US$ 667.0 Mn in 2018 and is set to grow with 9.7% CAGR during the forecast period.
By Position (Front, Rear),
By Product Type (LED Lights, HID, Halogen),
By Color (White, Yellow),
By Channel (OEMs, Aftermarket),
By Vehicle Type (Passenger Cars, LCV, HCV, Off-road)
Browse the full report at https://www.acutemarketreports.com/report/automotive-fog-lights-market
Market Insights
As the automotive industry is growing so is the market for related accessories including fog lights. As per OICA, 97 Mn cars have been sold in 2017 which is a huge number and thus helping the automotive accessories market growth. This in turn is boosting the automotive fog lights industry. The market is highly driven by the rising awareness related to automotive safety systems coupled with technological advancement in fog lights. Due to enforcement of government policies and growing popularity of fog lights, we are expecting a continued growth in the market in the coming years.
Based on product type, Halogen segment is the largest segment of fog lights contributing to more than 40% of the global market value. Traditionally, LED lights were limited to rear lighting in vehicles; with product enhancement and superior benefits, LEDs have emerged among the mainstream technology for overall automotive lighting. LED lights offer more brightness, improved driving comfort and a classy look to the vehicle and hence are expected to hold a bright future in automotive fog lights market.
Based on the geography, Europe governs the overall automotive fog lights market worldwide contributing to over 42% of the global market size. Larger market size is primarily due to mandatory installation of front and rear fog lights across the region. We are expecting a rapid growth in the Asia pacific region due to growing automotive production & sales along with improving government policies towards automotive safety. In a recent statement, International Road Federation (IRF) urged the Asian governments to make front and rear fog lights mandatory in all vehicles. As a result, the Asia Pacific region will lead the market in the forecast period.
Some of the major companies profiled in the report include OSRAM Licht AG, Hella KGaA Hueck & Co., Philips, Warn Industries, Inc., Stanley Electric Co. Ltd, Magneti Marelli S.p.A., Autolite India, PIAA Corporation, Inc., J.W. Speaker, Phoenix Lamps Ltd. and others.
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ToC;
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
………
Chapter 3 Market Dynamics
……….
Chapter 4 Global Automotive Fog Lights Market Analysis, by Position, 2017 – 2027 (US$ Mn)
4.1 Overview
4.2 Front
4.3 Rear
Chapter 5 Global Automotive Fog Lights Market Analysis, by Product Type, 2017 – 2027 (US$ Mn)
5.1 Overview
5.2 LED Lights
5.3 HID(High Intensity Discharge)
5.4 Halogen
Chapter 6 Global Automotive Fog Lights Market Analysis, by Color, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 White
6.3 Yellow
Chapter 7 Global Automotive Fog Lights Market Analysis, by Channel, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 OEMs
7.3 Aftermarket
Chapter 8 Global Automotive Fog Lights Market Analysis, by Vehicle Type, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Passenger Cars
8.3 Light Commercial Vehicles
8.4 Heavy Commercial Vehicles
8.5 Off-Road
Chapter 9 North America Automotive Fog Lights Market Analysis, 2017 – 2027 (US$ Mn)
………
Chapter 10 Europe Automotive Fog Lights Market Analysis, 2017 – 2027 (US$ Mn)
………
Chapter 11 Asia Pacific Automotive Fog Lights Market Analysis, 2017 – 2027 (US$ Mn)
……….
Chapter 12 Rest of the World (RoW) Automotive Fog Lights Market Analysis, 2017 – 2027 (US$ Mn)
………..
Chapter 13 Company Profiles
13.1 Osram Licht AG
13.2 Hella KGaA Hueck & Co.
13.3 Philips
13.4 Warn Industries, Inc.
13.5 Stanley Electric Co. Ltd.
13.6 Magneti Marelli S.p.A.
13.7 Autolite India
13.8 PIAA Corporation, Inc.
13.9 J.W. Speaker
13.10 Phoenix Lamps Ltd.
………………toc continued
Browse the full report at https://www.acutemarketreports.com/report/automotive-fog-lights-market
Research methodology applied for this study:
Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Automotive Fog Lights market specific to key segments, and regional segmentation.
a. Secondary Research
Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global Automotive Fog Lights market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Automotive Fog Lights market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Automotive Fog Lights market study.
b. Primary Research
The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.
The participants tracked for primary interviews include:
• Marketing/product managers
• Vice President/ CEOs
• National sales managers
• Market intelligence managers
• Distributors
• Purchasing managers
• Other stakeholders
About Us
Acute Market Reports is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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