Automotive Fog Lights Market by End-user and Geography - Forecast and Analysis 2021-2025

Published: Jan 2021 Pages: 120 SKU: IRTNTR46620

The automotive fog lights market size has the potential to grow by USD 43.73 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 1.26%. 

This report provides a detailed analysis of the market by end-user (OEM and aftermarket), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • General Electric Co.
  • HELLA GmbH & Co. KGaA
  • Koito Manufacturing Co. Ltd.
  • Koninklijke Philips NV
  • Magna International Inc.
  • Marelli Holdings Co. Ltd.
  • OSRAM Licht AG
  • SL Corp.
  • Stanley Electric Co. Ltd.
  • Valeo SA

 

The automotive fog lights market is fragmented and the vendors are deploying growth strategies such as offering energy-efficient systems to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as innovation and advancements in efficient lighting to achieve growth opportunities. However, factors such as the availability of counterfeit products in the aftermarket segment will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the automotive fog lights market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This automotive fog lights market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Automotive Fog Lights Market: Key Drivers and Trends

  • Innovation and advances in efficient lighting will fuel the automotive fog lights market growth during the forecast period.
  • OEMs and suppliers are largely focusing on technological innovations in automotive lighting systems to improve their market penetration.
  • The development and application of advanced lighting systems, such as HID lamps and LEDs, are bringing down the use of halogen lamps in automobiles.
  • New-age fog lamps in luxury vehicles largely use LED technology. Hence, as per technology penetration trends, it is expected that the use of advanced fog lights will lead to higher utilization in the entry- and mid-level vehicle categories.
  • The introduction of all-feature headlamps is one of the key automotive fog lights market trends.
  • To minimize the assembly lines, an increasing number of innovations are taking place across the world with the purpose of saving time, money, and associated miscellaneous overheads.
  • The all in one headlight comes with several embedded designs with a single-piece component that fits and performs multiple functions.
  • This system acts as a separate connected unit inside the headlight performing different operations.
  • This trend is witnessing high adoption from premium, luxury, and high-performance vehicle segments and will drive the car fog lights market positively.

 

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Automotive Fog Lights Market: Segmentation by Geography

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33% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for automotive fog lights in APAC. Market growth in this region will be faster than the growth of the market in North America.

The growth of the automotive market will facilitate the automotive fog lights market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Automotive Fog Lights Market: Segmentation by End-user

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The high demand for SUVs, premium, and luxury vehicles and the increasing adoption of intelligent adaptive fog light technology by major automotive OEMs are the major growth indicators in the OEM segment of the automotive fog lights market. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive fog lights market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Automotive Fog Lights Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive fog lights market growth during the next five years
  • Precise estimation of the automotive fog lights market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive fog lights industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive fog lights market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • OEM - Market size and forecast 2020-2025
    • Aftermarket - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor Landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • General Electric Co.
      • HELLA GmbH & Co. KGaA
      • Koito Manufacturing Co. Ltd.
      • Koninklijke Philips NV
      • Magna International Inc.
      • Marelli Holdings Co. Ltd.
      • OSRAM Licht AG
      • SL Corp.
      • Stanley Electric Co. Ltd.
      • Valeo SA

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

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      Key Questions Answered

      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?

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      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis