Automotive Fog Lights Market Size & Share Analysis in terms of value & volume by 2024
Sarasota, FL -- (SBWIRE) -- 09/29/2017 -- Global Automotive Fog Lights Market: Overview
Severe climatic conditions such as heavy rains or the darkness due to fog reduce the visibility; in these situations, automotive fog lights are used. Fog lights and the driving lights are two different things. To provide the clear view of the roads in order to avoid the accidents the fog lights are placed at the lower part of the vehicle and is mounted on the front bumper which helps them in cutting through the fog providing light on the road surface. Fog lights are commercially available in three colors; yellow, white, and blue.
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The market for the automotive fog lights market is globally fragmented into technology, color emission type, positioning, and channel. Based on the technology, the global market is segregated into LED, halogen, and high-intensity discharge. Depending on the color emission, the market is categorized into white fog light, blue fog light, and yellow fog light. According to the positioning, the market is divided into rear fog lights and front fog lights. Based on the channel, the market is segmented into aftermarket and original equipment manufacturers.
The key factor that is driving the automotive fog market is the increasing opportunities in the global automotive market, which is the parent market. The rise in the manufacturing volume of the automobiles is triggering the growth of the global automotive fog lights market. The working duration of the fog lights is limited to certain thousand hours thus the aftermarket becomes the best growth opportunity. The safety measures and the rising awareness about the adaptive fog light solutions in the emerging nations are driving the automotive fog lights market. Continuous developments and the technological advancements that are made in the fog lights has increased its features such as increased lifespan and efficiency thus contributing to the growth of the automotive fog lights market. However, factors such as government policies and legislations are restraining the usage of the automotive fog light which is affecting the market adversely. The high cost of the fog lights is limiting the growth of the market.
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The geographical segmentation of the global automotive fog lights market is diversified into Latin America, North America, Western Europe, Eastern Europe, the Middle East and Africa, and Asia Pacific. The dominant region of the automotive fog lights market is Asia Pacific as it is a major hub for the automotive manufacturing. Asia Pacific is followed by the North America and Western Europe. A good market share is estimated from the regions of North America and Western Europe in the coming years. The increasing automotive sector and the safety awareness in the Middle East and Africa regions expect to have a significant market growth in the future years.
Market Competitive Players
The key market players that are involved in the automotive fog lights market include Valeo S.A., Hyundai Mobis, Osram GmbH., PIAA Corporation, Blazzer International, Sammoon Lighting & Electrical Co., Ltd., Zizala Lichtsysteme GmbH., General Electric, Magneti Marelli S.P.A., Royal Philips Electronics, Hella Kgaa Hueck & Co., Nokya, Guangzhou Ledoauto Company Ltd., and Warn Industries, Inc.
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Global Automotive Fog Lights Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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