Automotive Fog Lights Market Forecast Till 2022 with Industry’s Gross Margin, Cost Structure, Consumption Value and Sale Price

A fresh study, covering “Automotive Fog Lights Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the automotive market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the Automotive Fog Lights Market.

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Fact.MR, in its recent research, projects the global automotive fog light market to register a steady expansion at moderate CAGR through 2022. The research report estimates the market to account for revenues worth US$ 2,130.2 Mn in 2017; by 2022 this number is anticipated to reach US$2,699.2 Mn. Reduced visibility to automobile drivers caused by dense fog in winter, and heavy rains have fuelled the adoption of fog lights in automobiles. Fog lights are placed at lower front-side of automobiles, and offer clear view of roads to avoid accidents.

White Fog Lights will Continue to be Preferred in the Market

White fog lights are expected to remain preferred in the market, with sales poised to register the highest CAGR through 2022. This is primarily attributed to drastic reduction in glares produced by white fog lights, enabling drivers to better view the objects on roads. White fog light sales are estimated to surpass US$ 1,500 Mn in revenues by 2022-end. Blue fog lights will continue to be the second most lucrative color emission type segment in the market. Revenues from blue fog lights are expected to account for over one-fourth share of the market in 2017.

Aftermarket will Remain the Largest Sales Channel in the Market

Aftermarket is expected to remain the largest sales channel for automotive fog lights, with sales expanding at the highest CAGR through 2022. As working durations of fog lights are limited to some thousand hours, aftermarket becomes the target sales channel for growth opportunity. Sales of fog lights in OEM are expected to register a comparatively lower CAGR than aftermarket through 2022.

Based on technology, LED fog lights will continue to be dominant in the market. Sales of LED fog lights are estimated to reach nearly US$ 1,800 Mn in revenues by 2022-end. Revenue from LED fog lights will account for largest share of the market in 2017, and gain 170 BPS by 2022-end. Sales of halogen fog lights are estimated to exhibit the lowest CAGR in the market through 2022. High intensity discharge (HID) will continue to be the second largest technology segment in the global automotive fog lights market during the forecast period.

Competition Tracking

Key market players profiled in Fact.MR’s report include General Electric Company, Valeo SA, OSRAM Light AG, HELLA KGaA Hueck & Co., Koninklijke Philips N.V., Magneti Marelli S.p.A., Warn Industries, Inc., Robert Bosch GmbH, Phoenix Lamps Limited, and Flex-N-Gate Corporation.

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Table of Contents:

Chapter 1. Global Automotive Fog Light Market – Executive Summary. 28

Chapter 2. Global Automotive Fog Light Market Overview. 30
2.1. Introduction. 30
2.1.1. Global Automotive Fog Light Market Taxonomy. 30
2.1.2. Global Automotive Fog Light Market Definition. 30
2.2. Global Automotive Fog Light Market Size (US$ Mn) and Forecast, 2012-2022. 31
2.2.1. Global Automotive Fog Light Market Y-o-Y Growth. 31
2.3. Global Automotive Fog Light Market: Macroeconomic Factors. 31
2.3.1. Economic Outlook. 31
2.3.2. International Policy. 32
2.3.3. Profitability of Enterprises. 32
2.3.4. Increasing Purchasing Power of Middle Class. 32
2.3.5. Complex Eco System. 32
2.3.6. Supply chain Issues. 33
2.3.7. End-user Sentiment. 33
2.4. Global Automotive Filter Market impact factors. 33
2.4.1. Autonomous Vehicles. 33
2.4.2. The Influence of China. 33
2.4.3. Dilemma on Shift to New Technologies. 34
2.4.4. Disruption in Traditional Business Models. 34
2.4.5. Rising Component Costs in Developing Countries. 34
2.4.6. Fluctuating Input costs. 34
2.4.7. Shrinking Product Development Time. 35
2.4.8. Adoption of New Mobility Solutions. 35

Continued……

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