Transparency Market Research

Fog Lamp Aftermarket: Increase in Vehicle Life Due to Stringent Government Norms Is Anticipated to Boost the Demand- TMR

 

Albany, NY -- (SBWIRE) -- 11/02/2018 -- Automotive fog lamps enable the driver to view the road and surrounding areas clearly during extreme or low visibility weather conditions. A fog lamp is usually located at the front side of the vehicle. The fog lamps are mostly employed in winters, heavy rains, Lamp showers, and darkness that is observed along with the smog, snowflakes, or dirt that minimizing the visibility of the vehicle driver.

Fog Lamps are generally fixed on the front side bumper, since the Lamp beam emitting from them cuts over the fog and illuminates the road or surface in front side of the vehicle, providing a clear view and evading mishaps or accident. The fog lamps can be easily obtained commercially in different color shades. The lifespan of fog Lamps being limited to a few thousand hours, offers significant opportunities for the aftermarket.

The factors driving the automotive fog lamp aftermarket include increase in sales of vehicles and rise in night driving of people. Increase in vehicle life due to stringent government norms is anticipated to boost the demand for automotive fog lamp aftermarket during the forecast period.

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The global fog lamp aftermarket can be segmented based on technology, color emission type, positioning, sales channel, vehicle, and region. In terms of technology, the automotive fog Lamp aftermarket can be divided into LED fog Lamp and two more segments. The LED fog Lamp segment is expected to be highly attractive during the forecast period the market. In terms of revenue, the LED fog Lamp segment is estimated to account for a prominent share of the market during the forecast period.

In terms of color emission type, the automotive fog Lamp market can be divided into white fog Lamp and two more segments. The white fog lamp segment is estimated to remain highly attractive in the market. In terms of revenue, the white fog Lamp segment is expected to expand during the forecast period. This is primarily attributed to the reduction in glares by white fog Lamps, which in turn enables drivers to better view the obstacles on the roads. Based on positioning, the automotive fog lamp aftermarket can be split into front fog Lamp and one more segment. The front fog Lamp segment is expected to highly attractive in the market during the forecast period.

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However, the rate of adoption of rear fog Lamp is expected to be comparatively lower than the rate of adoption of front fog Lamps, with sales likely to increase at a steady pace during the forecast period. In terms of sales, the rear fog Lamp segment is estimated to witness a decline in market share during the forecast period.

Based on geography, the global automotive fog Lamp aftermarket can be classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is the leading market for the automotive Lamping sector, wherein India, China, and Japan are the leading contributors, due to the increase in sales of vehicles in these countries. This is expected to boost the demand for automotive fog Lamp, which in turn is projected to drive a large number of local and international component suppliers based in the region. Europe is expected to remain the second-largest market for automotive fog lamps aftermarket.

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Key players operating in the global fog lamp aftermarket include Sammoon Lamping & Electrical Co., Ltd., Guangzhou Ledoauto Company Ltd., General Electric, Zizala Lichtsysteme GMBH, Hella Kgaa Hueck & Co., Blazzer international, warn industries, Inc., PIAA corporation, Magneti Marelli S.P.A, Royal Philips Electronics, Hyundai Mobis, Nokya, and Valeo S.A., Osram GMBH.