According to the latest research by Fact.MR, the global market for vehicle fog lights will expand steadily through 2022 at a moderate CAGR. The market is expected to generate revenues worth US$ 2,699.2 Mn by 2022, according to the research analysis, up from US$ 2,130.2 Mn in 2017. Fog lights have become more common in cars due to decreased visibility for drivers caused by dense wintertime fog and heavy rains. In order to prevent accidents, fog lights are mounted on the lower front side of cars.
The offer in this section includes a variety of opportunities, such as the ability to manufacture goods and provide retail, wholesale, and exhibiting services. The examiners at Fact have used extensive rounds of both essential and optional research.MR to show up at different assessments and projections for the Demand of Fog Light Market both at worldwide and provincial levels.
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Market Players: –
- 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.
Trends of Fog Light Industry
1. Increasing Demand for LED Fog Lights: LED technology is becoming increasingly popular in the automotive industry, and fog lights are no exception. LED fog lights are much brighter, more energy efficient, and last much longer than their halogen counterparts.
2. Growing Emphasis on Automotive Styling: As automakers strive to create vehicles that stand out from the competition, fog lights are becoming an increasingly popular accessory. Automakers are exploring different designs and shapes, as well as colors, to give their cars a unique look.
3. Growing Focus on Safety: Automakers are beginning to recognize the importance of fog lights in terms of safety. Many companies are now offering fog light packages as part of their safety features, with some even incorporating adaptive fog lights that can track and adjust the brightness according to the changing conditions.
4. Advances in Automotive Lighting Technology: Automotive lighting technology is constantly evolving, and fog lights are no exception. Advances in technology have allowed for improved visibility and greater efficiency. Automakers are now able to offer fog lights with features such as adjustable beam patterns, higher light output, and improved durability.
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)
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
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