Automotive Fog Lights Market Global Size, Share, And Industry Players Analysis 2018: General Electric, Magneti Marelli, Stanley Electric, HELLA KGaA Hueck, OSRAM, Valeo, Warn Industries, Autolite, PIAA Corporation, and J.W. Speaker

Automotive Fog Lights Market Highlights:

Automotive Fog Lights Market Report 2018 is latest research report published by Market Research Future, according to study Global the global Automotive Fog Lights market is forecast to reach USD 3,928.5 million in 2023 with a CAGR 6.92% This Automotive Fog Lights Industry growth is boosted by factors such as increase in the sales of new vehicles has mainly been because of competitive and diverse options available for finance. The availability of finance has eased the purchase of vehicles, which in turn has increased the demand for fog lights in automotive industry. Another factor driving the vehicle sales, is the macroeconomic development and the rise in the global middle class consumers.

Fog lights are one of the most important parts in vehicle as they are used for clear visibility in darkness and helps in viewing the better road condition in darkness. Fog lights are placed bottom of head lights and mounted on bumpers.

Automotive Fog Lights Market Key Company Analyzed In Report Are:

General Electric (U.S.), Magneti Marelli (Italy), Stanley Electric Co. Ltd. (Japan), HELLA KGaA Hueck & Co (Germany), OSRAM (Germany), Valeo S.A. (France), Warn Industries, Inc. (U.S.), Autolite (India) Ltd. (India), PIAA Corporation (U.S.) and J.W. Speaker (U.S.).

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Scope of the Report:

This study provides an overview of the market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the market by its technology, by vehicle type, by end market and regions.

On the vehicle type, the market is bifurcated as passenger car, light commercial vehicle and heavy commercial vehicle. Passenger car segment expected to witness highest growth in global automotive fog lights market with share of around 63% in 2016. The growing sales of passenger cars is significantly boosting the market. Light commercial vehicles accounted the second largest share in 2016. The major factors driving the market for light commercial vehicles is the increasing demand for pickup trucks, vans and others for commercial purpose.

Based on end market, it is segmented as OEM and Aftermarket. Most of the automotive manufacturers purchase automotive Fog Lights from the OEMs and after that they assembles it into the automotive manufacturers. At the time of replacements or maintenance, most of the end users prefer to go for OEM rather than aftermarket. Thus, OEM accounted the largest market share in 2016. Aftermarket is the second leading market for global automotive fog lights market by end market. Aftermarket is generally the secondary market for automotive concerned with manufacturing, distribution, retailing and installation of vehicle parts.

Currently, Asia-Pacific is the leading market and has accounted for largest share for automotive fog lights market followed by North America and Europe. Major factors that have driven the automotive fog lights market are rapidly increasing sales of new vehicles, rising concern over road safety, major development on fog light by key players in emerging economies, shifting preference for aftermarket services and others.

The report for Global Automotive Fog Lights Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

List of Tables:

TABLE 1 GLOBAL AUTOMOTIVE FOG LIGHTS MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION) 30

TABLE 2 GLOBAL AUTOMOTIVE FOG LIGHTS MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 33

TABLE 3 GLOBAL AUTOMOTIVE FOG LIGHTS MARKET, BY END MARKET, 2015-2023 (USD MILLION) 37

TABLE 4 GLOBAL AUTOMOTIVE FOG LIGHTS MARKET, BY REGION, 2015-2023 (USD MILLION) 40

TABLE 5 NORTH AMERICA AUTOMOTIVE FOG LIGHTS MARKET, BY COUNTRY 2015-2023 (USD MILLION) 42

TABLE 6 NORTH AMERICA AUTOMOTIVE FOG LIGHTS MARKET, BY TECHNOLOGY 2015-2023 (USD MILLION) 42

TABLE 7 NORTH AMERICA AUTOMOTIVE FOG LIGHTS MARKET, BY VEHICLE TYPE 2015-2023 (USD MILLION) 43

TABLE 8 NORTH AMERICA AUTOMOTIVE FOG LIGHTS MARKET, BY END MARKET 2015-2023 (USD MILLION) 43

TABLE 9 US AUTOMOTIVE FOG LIGHTS MARKET, BY TECHNOLOGY 2015-2023 (USD MILLION) 44

TABLE 10 US AUTOMOTIVE FOG LIGHTS MARKET, BY VEHICLE TYPE 2015-2023 (USD MILLION) 44

Continued…

List of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 4 SALES OF NEW VEHICLE, 2013-2016

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL AUTOMOTIVE FOG LIGHTS MARKET, BY TECHNOLOGY, 2016 (%)

FIGURE 9 GLOBAL AUTOMOTIVE FOG LIGHTS MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL AUTOMOTIVE FOG LIGHTS MARKET, BY VEHICLE TYPE, 2016 (%)

Continued…

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