Press release
Global Automotive DRL Market To Grow At A CAGR Of 7.81% During The Period 2017-2021
About Automotive DRL
Lighting is one of the most important aspects of an automobile, with vital roles to play in safety, comfort, and, increasingly, in vehicle styling. It includes lighting and signaling devices located in the front, sides, and rear of a vehicle. The primary use of automotive lighting is to ensure visibility for the driver, improve vehicle conspicuity, and intimate the presence and position of the vehicle to others.
Technavios analysts forecast the global automotive DRL market to grow at a CAGR of 7.81% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive DRL market for 2017-2021. To calculate the market size, the report considers the revenue generated from the annual shipment of units.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive DRL Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Hella
KOITO
Magneti Marelli
OSRAM
Valeo
Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/938669
Other prominent vendors
ICHIKOH INDUSTRIES
Samsung LED
STANLEY ELECTRIC
Market driver
Regulatory mandates favoring DRL use
For a full, detailed list, view our report
Market challenge
High cost of LEDs
For a full, detailed list, view our report
Market trend
Use of DRL as brand differentiator by OEMs
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table Of Content
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by type of vehicle
Market overview
Passenger cars
LCVs
PART 07: Market segmentation by end market
Market overview
Global automotive OEM DRL market
Global automotive aftermarket DRL market
PART 08: Geographical segmentation
Market segmentation by geography
APAC
Americas
EMEA
PART 09: Market drivers
Regulatory mandates favoring DRL use
Add-on safety benefits of DRL leading to rise in demand
Low energy consumption through use of LEDs
PART 10: Market challenges
High cost of LEDs
Diminishing aftermarket LED sales
PART 11: Market trends
Use of DRL as brand differentiator by OEMs
Innovations in LED technology
Growing demand for easy-to-fit DIY DRLs
Gradual introduction of DRLs in mainstream motorcycle
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
Hella
KOITO
Magneti Marelli
OSRAM
Valeo
PART 14: Appendix
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