Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Automotive Fog Light Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FacT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global automotive fog light market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2017 to 2022.
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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.
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, and Flex-N-Gate Corporation.
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.
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List of Tables
Chapter 1. Global Automotive Fog Light Market - Executive Summary. 28
Chapter 2. Global Automotive Fog Light Market Overview. 30
2.1. Introduction. 30
2.1.1. Global Automotive Fog Light Market Taxonomy. 30
2.1.2. Global Automotive Fog Light Market Definition. 30
2.2. Global Automotive Fog Light Market Size (US$ Mn) and Forecast, 2012-2022. 31
2.2.1. Global Automotive Fog Light Market Y-o-Y Growth. 31
2.3. Global Automotive Fog Light Market: Macroeconomic Factors. 31
2.3.1. Economic Outlook. 31
2.3.2. International Policy. 32
2.3.3. Profitability of Enterprises. 32
2.3.4. Increasing Purchasing Power of Middle Class. 32
2.3.5. Complex Eco System. 32
2.3.6. Supply chain Issues. 33
2.3.7. End-user Sentiment. 33
2.4. Global Automotive Filter Market impact factors. 33
2.4.1. Autonomous Vehicles. 33
2.4.2. The Influence of China. 33
2.4.3. Dilemma on Shift to New Technologies. 34
2.4.4. Disruption in Traditional Business Models. 34
2.4.5. Rising Component Costs in Developing Countries. 34
2.4.6. Fluctuating Input costs. 34
2.4.7. Shrinking Product Development Time. 35
2.4.8. Adoption of New Mobility Solutions. 35
2.4.9. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 35
2.4.10. Rising Complexity Influencing Greater Emphasis on Platformimg. 36
2.4.11. Innovations in Technology. 36
2.5. Supply Chain. 36
2.6. Cost Structure. 37
2.7. Key Participants Market Presence (Intensity Map) By Region. 37
Chapter 3. Global Automotive Fog Light Market Analysis and Forecast By Colour Emission Type. 38
3.1. Global Automotive Fog Light Market Size and Forecast By Colour Emission Type, 2012-2022. 38
3.1.1. Blue Fog Light Automotive Fog Light Market Size and Forecast, 2012-2022. 38
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 38
3.1.1.2. Market Share Comparison, By Region. 40
3.1.1.3. Y-o-Y growth Comparison, By Region. 40
3.1.2. White Fog Light Automotive Fog Light Market Size and Forecast, 2012-2022. 41
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 41
3.1.2.2. Market Share Comparison, By Region. 43
3.1.2.3. Y-o-Y growth Comparison, By Region. 43
3.1.3. Yellow Fog Light Automotive Fog Light Market Size and Forecast, 2012-2022. 44
3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 44
3.1.3.2. Market Share Comparison, By Region. 46
3.1.3.3. Y-o-Y growth Comparison, By Region. 46
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