Global Automotive Adaptive Fog Lights Market 2017-2021

Overview of the global automotive adaptive fog lights market

Research analysis on the global automotive adaptive fog lights market identifies that the introduction of safety regulations for automotive adaptive lighting systems will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 26% by 2021. The primary function of adaptive fog lights is to enhance the visibility and assist drivers in guiding and controlling the vehicle while turning or driving around curves. They also help drivers in avoiding collisions that mainly occur due to poor visibility of normal headlights and fog lamps. This increases the need to improve the lighting systems in vehicles for safety purposes. Numerous countries have already introduced regulations to boost the adoption of adaptive lighting systems in vehicles. This will drive the growth of the automotive adaptive lighting systems market, which in turn, will increase the adoption of adaptive fog lighting systems during the forecast period.

The introduction of laser and OLED lighting systems is one of the latest trends that will contribute to the growth of this market in the coming years. Laser lights have solid luminance levels and a wide range compared to the rest of the lighting technologies. These lights also offer better visibility, that leads to increased road traffic safety. Another popular lighting is the OLED lighting system that are the enhanced versions of LEDs with better flexibility and energy efficiency. They offer safe, efficient, durable, and uniform lighting and can be used as signal lights and interior lights in vehicles.

Competitive landscape and key vendors

The automotive adaptive fog lights market consists of limited key vendors and the market's growth is highly dependent on the sales of luxury vehicles. One of the major vendors, HELLA provides services such as design and sales of lighting technology and electronic components for the automotive industry. The company specializes in headlamps and electric control circuits and offers products such as work lights, front lights, headlights, taillights, beacons, and interior lights with halogen, xenon, and LED technology for the lighting. 

The leading vendors in the market are ?

• HELLA
• KOITO MANUFACTURING
• Magneti Marelli
• OSRAM
• Valeo

The other prominent vendors in the market are SL Corporation and Philips.

Geographical segmentation and analysis of the automotive adaptive fog lights market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the automotive adaptive fog lights market by 2021. The rising economy levels, the high adoption of luxury automobiles, the shift in consumer lifestyles, and the rapid adoption of advanced technologies in all vehicle segments, will drive the growth of the market in the region. 

Growth drivers, challenges, and upcoming trends: Lesser time gap between lighting technology introduction 

The market is observed to have a large timeline gap between the introduction of lighting technologies and their removal from the market. This trend of adopting new technologies provides automotive manufacturers and suppliers a shorter time to market the products that significantly impacts the product strategies for the entire value chain. This will result in the introduction of next-generation automotive headlight technologies in the coming years.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the automotive adaptive fog lights market.  It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive adaptive fog lights market?
• What are the key market trends impacting the growth of the global automotive adaptive fog lights market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive adaptive fog lights market?
• What are the market opportunities and threats faced by the vendors in the global automotive adaptive fog lights market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive adaptive fog lights market?

This industry research report on the global automotive adaptive fog lights market by Technavio is an integral part of the automotive portfolio and offers insights into the major trends and evolving drivers inducing the growth of the automotive electronics industry. Our reports also follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions.

Our market research analysis includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Additionally, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various automotive electronics products and services and offers an all-inclusive picture of the global automotive adaptive fog lights market for the estimated period of 2017-2021.

This upcoming market research report on the global automotive adaptive fog lights market also covers vendors like General Electric, Valeo, STANLEY ELECTRIC CO., Magneti Marelli, ZKW Group,?Koito Manufacturing, Continental, Adaptive Lighting, HELLA, and OSRAM. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global automotive adaptive fog lights market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry report on the global automotive adaptive fog lights market also offers insights into fast-growing segments within the automotive industry, including sectors like powertrain and wheels and tires. Furthermore, this report also presents visions into the varying competitive landscape to give clients a realistic picture of the future direction of the industry.

Our market research methodology for the automotive adaptive fog lights market

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