This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Fog Light Market

Fog Light Market

Fog Light Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2022

Fog Light Market
FACT5MR
  • Jul-2017
  • List of Tables : 277
  • List of Figures : 81
  • 184 Pages
  • Automotive

Introduction

According to Road Rules 2009, “a light other than a headlight fitted to the front of a vehicle to improve illumination of the road in fog, snowfall, heavy rain or dust clouds". Designed to reflect a horizontal beam of light at the front of a vehicle, fog lights help improve visibility during inclement conditions, such as fog, smog, and heavy rains. Fog lights are also equipped at the rear to improve visibility to vehicles behind. Fog lights are commercially available in blue, yellow, and white color.

Commercially available in three colors viz. blue, white, and yellow, fog lights have been witnessing a surge in demand on the back of increasing production of automobiles across the globe. In addition, rising awareness about adaptive solutions of fog light in developing economies, surging technological advancements and developments are expected to drive growth of the global automotive fog light market.

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.

On the basis of positioning type, front fog lights will continue to be sought-after in the market. Revenues from sales of front fog lights are expected to surpass US$ 2,000 Mn by 2022-end.

However, demand for rear fog light will remain comparatively lower in the market, with sales projected to register a moderate expansion through 2022. In addition, sales of rear fog lights will witness a decline of 32 BPS in its market share between 2017 and 2022.

Avail customized purchase options for your needs

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.

An Adaptive Approach to Modern-day Research Needs

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
  • Flex-N-Gate Corporation.

Interested to Procure The Data

The global market for automotive fog lights is analyzed across following segments:

By Colour Emission Type
  • Blue Fog Light
  • White Fog Light
  • Yellow Fog Light
By Positioning Type
  • Front Fog Lights
  • Rear Fog Lights
By Sales Channel
  • OEM
  • Aftermarket
By Technology
  • Halogen
  • LED
  • HID (High Intensity Discharge)

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Reduced visibility while driving vehicles on the back of factors such as heavy rains, or dense fog have necessitated the adoption of fog lights in vehicles. Continuous technological advancements and developments being made in fog lights have enhanced their lifespan and efficiency. Fact.MR’s report offers detailed analysis about the global automotive fog light market for the period 2017-2022, and offers actionable insights on future market direction.

Scope

The scope of the report is to analyze the global automotive fog light market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive fog light manufacturers, suppliers, and stakeholders in the overall automotive industry can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

Summary

The report begins with a concise summary of the global automotive fog light market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global automotive fog light market.

Overview

The next section is an overview of the global automotive fog light market. This includes the introduction to the market and a standard definition of the product – fog light. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.

The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global automotive fog light market. Considering the interconnectedness of the fog light market to global automotive industry and, in general, the global economy, readers will get valuable insights on how international developments impact this market.

In a bid to keep readers up-to-date on the latest developments in the global automotive fog light market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.

Considering the broad scope of the global automotive fog light market and to provide in-depth insights to readers, Fact.MR’s report offers segment-wise forecast and analysis. The automotive fog light market has been categorized on the basis of color emission type, positioning type, technology, sales channel, and region. The segmentation analysis is comprehensive, with detailed country-wise forecast offered on each parameter.

The concluding section of the report profiles companies operating in the global automotive fog light market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Compact Excavator Market

[170 Pages Report] Compact Excavator Market research report categorizes the global market by Product...

Off-Road Hoses Market

The off-road hoses market is poised to expand at a steady CAGR of 4% to 5.5% during 2021-2031. The a...

Automotive Navigation & Infotainment Systems Market

Automotive Navigation & Infotainment Systems Market research report covers detailed information on G...

Automotive Fuel Tank Market

Automotive Fuel Tank Market revenue is expected to account for US$ 24 Billion by 2022 end. Plastic a...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.