Automotive Fog Lights Market 2018-2023: Global Industry Analysis By Key Players, Size, Share And Trends - General Electric, Magneti Marelli, Stanley Electric, and HELLA

Automotive Fog Lights Market 2018 - Global Forecast to 2023 is latest published report by “MarketResearchFuture”, provides detailed analysis of Global Automotive Fog Lights Market Size, Share, Key Players, Growth Factors, and Regional Outlook To 2023. Automotive Fog Lights Market Categorized by Technology (Halogen, LED and HID), By Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), By End Market (OEM and Aftermarket) and Region.

Automotive Fog Lights Market Highlights:

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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Market Research Future published a cooked research report on automotive fog lights market. The global automotive fog lights market revenue is forecast to reach USD 3,928.5 million in 2023 with a CAGR 6.92% in the forecast period.

The 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. The increase in urbanization will lead to an increase in use of passenger and commercial vehicles, due to which there will be growth in automotive fog lights market. China is one of the most densely populated urban centre. The automotive market of China has experienced increased growth, which will drive the automotive technology.

The major restraint for the market is the underdeveloped aftermarket services which can be used by the end users for product support, warranties, contracts, and parts procurements. The life time of cars is long and carmakers don't like changing electronic components too often. On an average, the life cycle of fog lights in an automobile is very long, approximately 15-20 years. On the other hand, globally, aftermarket services for automotive fog lights are very less compared to the OEMs.

Regional Outlook:

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).

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.

Table of Contents:

1 Introduction

1.1 Definition

1.2 Scope Of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Propulsionology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter's Five Forces Model

Continued...

List of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

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 SHARE, BY Components, 2016 (%)

Continued...

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