openPR Logo
Press release

Automotive Fog Light Market is Projected to Grow US$ 2,699.2 Million by 2022 | General Electric Company, Valeo SA, OSRAM Light AG

04-29-2021 01:11 PM CET | Tourism, Cars, Traffic

Press release from: Fact.MR

The global automotive fog lights market has witness a potential upturn over the last few years and is likely to carry the prominence over the time. This can be attributed to the stellar progress of its parent market i.e. global automotive market.

As the automakers persist to penetrate growing and emerging markets, the demand for automotive fog lights will also escalate.

To get in-depth information view the report - https://www.factmr.com/report/30/automotive-fog-light-market

People are getting highly aware of the benefits offered by adaptive fog light solutions and are raising substantial requirements from the automotive fog light market.

To enhance the lifespan of fog lights and upgrade their efficacy, deliberate attempts are being made by the industry participants of automotive fog light market.

As per the report published by Fact.MR, automotive fog light market has raised a valuation of US$ 2,130.2 Mn in 2017 and is further expected to value around US$ 2,699.2 Mn by 2022 end.

Several government regulations and policies are restricting the use of automotive fog lights, thereby adversely affecting growth of automotive fog light market.

To Know the COVID-19 Impact on Europe Region, Request for Sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=30

Moreover, affordability of automotive fog lights could also impede the revenue growth of automotive fog light market.

Lack of cognizance about safety implications, low usage of automotive fog lights in necessary situations, both in developing and undeveloped regions, could hamper the growth of automotive fog light market.

From the end market standpoint, the automotive fog light market has been segmented as OEM and Aftermarket.

The aftermarket segment looks promising with sales flourishing at the highest CAGR through 2022.

On the basis of positioning, front fog lights will continue to be the most sought-after in the automotive fog light market.

Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=30

The debut of major technological enhancements and breakthroughs in the lighting industry has crafted an optimistic outlook for the companies of automotive fog light market.

Partnerships and alliances with automobile OEMs are believed to revitalize the quality of new product developments in automotive fog light market.

The major challenges which the manufacturers might get subjected to is developing cost-effective and high quality lighting systems.

Minimalizing the effect of bright light to prevent driver distraction is another area of concern for the stakeholders of automotive fog light market to address.

Speak To Research Analyst For Detailed Insights-https://www.factmr.com/connectus/sample?flag=AE&rep_id=30

The ‘go-green’ revolution has set the standards for eco-friendly products, which is a preeminent reason of rising demand for environment friendly solutions.

To keep with the aforementioned rage, manufacturers of automotive fog light market are developing energy efficient products to procure high return on investments.

One of premium opportunities that have knocked the doors for manufacturers operating in automotive fog light market is the rising preferences for fog lights among huge vehicles.

This requirements is to ensure safety as rejuvenate the aesthetic appeal of those vehicles. In line with this prevalent trend, some companies in the automotive fog light market have extended their product lines with products catering the requirements of heavy-duty vehicles.

Several bodies such as SAE (Society of Automotive Engineers) and DOT have laid legislations pertinent to use of lighting systems.

Buy Now for Exclusive Analyst Support – https://www.factmr.com/checkout/30/S

Compliance with those legislations have been identified to be beneficial for companies in the long run.

The legislations laid by SAE have been considered to be “recommended practices” and some companies are vying to keep up with the standards as well.

For instance- companies such as Truck-Lite added SAE-compliant LED fog light kits and LED auxiliary driving light kits to its existing product portfolio.

Efforts by manufacturers in similar lines may prove extremely beneficial for the growth of automotive fog light market.

A latest trend gaining ravenous momentum in the automotive fog light market is the adoption of collaborative robots.

The disruptive advent of industrial robots has resulted in the curtailment of manual labor by a large margin.

In a bid to optimize the performance of automotive lighting and establish high-end safety, debut of collaborative robots in the automotive fog light market looks significantly promising and manufacturers might exploit this trend to underline a well-constructed corporate brand.

Access Research Methodology Prepared By Experts-https://www.factmr.com/connectus/sample?flag=RM&rep_id=30

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website - https://www.factmr.com/
Content Source - https://www.factmr.com/media-release/586/global-automotive-fog-light-market

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Fog Light Market is Projected to Grow US$ 2,699.2 Million by 2022 | General Electric Company, Valeo SA, OSRAM Light AG here

News-ID: 2277439 • Views: 211

More Releases from Fact.MR

Activewear Market is set to record exponential growth by 2029: Fact.MR
Activewear is an apparel which boosts the performance of athletes during the sports and fitness physical activities by improving the body movements when compared to the regular clothes. Also, the activewear also helps to avoid muscle sprains and other ligament and muscle injuries. The appropriate fitting and proper support provided by these apparels, leads to the rapid growth of the global activewear market. Moreover, the active apparels support unique advantages
Glaucoma Diagnostics Market Globally Expected to Drive Growth through 2019 -2029
Glaucoma is one of the major eye disorder which affects the optic nerve carrying information from eye to brain. According to report from WHO Glaucoma is the second leading cause for total blindness. Traditionally topical medications and laser surgery especially trabeculotomy are principal methods to treatment glaucoma. The high risk due to complications and high cost associated with the treatment procedures have created the grounds for new safe and effective
The Global Demand of Aromatherapy Diffuser Market, Growth Analysis, Latest Trend …
Support from the science community in propounding the benefits of aromatherapy on mental health has had a positive impact on aromatherapy diffuser market. Click Here To get a Sample Report (Including Full TOC, Table & Figures) https://www.factmr.com/connectus/sample?flag=S&rep_id=4639 The resultant prevalence of aromatherapy among millennial consumers drive demand for aromatherapy diffusers during the forecast period (2019-2029). Consumer trends such as meditation, and spa & salon services will heighten demand growth for aromatherapy diffusers.
Global Market for 3D Wheel Aligners to Witness Growing Adoption for Off-Road Veh …
Bad weather conditions and growing disregard for road maintenance is worsening the state of roads in several parts of the world, and wheel alignment systems are witnessing a sharp increase in demand. 3D wheel aligners, a key advancement in wheel alignment systems, are being sought to attain accurate assessment of nonalignment by capturing the condition of wheels and the axle three-dimensionally. Gain complete access to the report - https://www.factmr.com/report/529/3d-wheel-aligners-market The Fact.MR forecast

All 5 Releases


More Releases for SAE

Shirt Market Is Booming Worldwide| Hansoll, Esquel, Shenzhou, SAE-E
Global Shirt Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global Shirt Market. Some of the key players profiled in the study are
SAE Institute (Singapore Campus) launches revolutionary Music Business Diploma
SAE Institute, the largest media arts college in the world, announced its offering of the new Diploma in Music Business at the SAE Institute Singapore campus starting March 25th, 2013. The one-year Diploma is carefully designed to provide students with a broad base of music industry skills, and focuses on the operational, management, commercial, financial, legal, copyright, publishing, marketing, promotional and distribution side of the music entertainment and recording business. SAE Institute
Diagnostic Extension for IXXAT's SAE J1939 Protocol Software
Along with the extension packages for NMEA2000 and ISO15765-2, IXXAT now offers the Diagnostic Extension package according to J1939-73 to extend the functionality of the SAE J1939 protocol software. During the development of J1939 devices, the implementation of diagnostic services becomes more and more important. Diagnostic messages provide the utility needed when the vehicle is being repaired. They are also used during vehicle operation by the networked ECUs to allow them
MOST® Presentation at SAE Convergence at Booth 627
SAE Convergence 2010: MOST150 Is Prepared for Driver Assist Applications Karlsruhe (Germany) August 24, 2010 – At SAE Convergence on October 19 to 20, 2010, the MOST Cooperation (the organization, through which the leading automotive multimedia network Media Oriented Systems Transport (MOST) is standardized) will demonstrate that MOST Technology is ready for extended multimedia and information applications in the vehicle. MOST150 now meets the requirements not only for the traditional areas
PREMO and NAGARES awarded participation in the SAE 2010 Congress
In the frame of the alliance between PREMO and NAGARES, both companies will attend together to the SAE World Congress in Detroit, Michigan. One single word defines this congress: “Innovation in Automotive”. Companies and experts participate during 3 days in technical sessions, conferences and exhibitor booths where the most innovative automotive technologies are present. An impressive display of products and services, limited to companies who accepted the “Innovators Only”
Monitoring CAN and SAE J1939 Networks per Ethernet
Greenfield, MA - May 13, 2009. esd electronics, Inc. announces the release of its EtherCAN product, a device supporting the remote monitoring of CAN or SAE J1939 networks. The EtherCAN has a virtually unlimited range of distance and the configuration allows for connection with a wireless router. One of the ingenious features of Controller Area Network (CAN), the bit monitoring, contributes not only to the enormous reliability of the technology, but