The automotive industry has experienced tremendous strides in technology. Among technologies included, are car LED lights that give the car a new and luxury look. It is specially developed for use in dangerously thick fog. Moreover, driving trends such as growing demand of passenger vehicles, growing urban population, expansion of global auto-manufacturers into new emerging markets, and rising disposable income of middle class population push the market towards growth. However, factors such as government policies and legislations are restraining the usage of the automotive fog light, which are affecting the market adversely. The high cost of the fog lights is limiting the growth of the 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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Key Players of Automotive Fog Lights Market:
- Valeo (France)
- General Electric (U.S.)
- Magneti Marelli S.p.A.(Italy)
- Sammoon Lighting Co.,Ltd (China)
- Warn Industries, Inc (U.S.)
- Hella KGaA Hueck & Co.(Germany)
- OSRAM Licht AG (Germany)
- PIAA Corporation (Portland, Oregon)
- Koninklijke Philips N.V (Netherlands)
Market Research Future Analysis:
The global automotive fog lights market by region has been segmented into North America, Europe, Asia-Pacific and Rest of the World. This market has seen a substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. The dominant region of the automotive fog lights market is Asia Pacific as it is a major hub for the automotive manufacturing. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, increasing usage of lights on vehicles, increasing popularity of LED lights and technological advancements are giving a much needed thrust to the automotive fog lights market. Asia Pacific is followed by the North America and Western Europe. 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.
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automotive Fog Lights Market, By Technology
5 Global Automotive Fog Lights Market, By Positioning
5.2 Front Fog Lights
5.3 Rear Fog Lights
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