Global Automotive Fog Lights Market Is Expected To Show A Significant Growth During The Forecast Period

Pune, India, Oct 03, 2023 /MRFR Press Release/- Market Research Future published a cooked research report on automotive fog lights market. The global automotive fog lights market revenue is forecast to reach USD 2.9 USD Bn in 2032 with a CAGR 5.7% in the forecast period.

Market Highlights

Since 2008, the world has entered into a new era with about half of the population living in cities. This improved lifestyle had led to increase in urbanization, which has resulted in the development of a set of paradigms for both personal and commercial transportation. The increase in urbanization will lead to an increase in use of passenger and commercial vehicles, due to which there will be growth in automotive fog lights market. China is one of the most densely populated urban centre. The automotive market of China has experienced increased growth, which will drive the automotive technology.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Fog Lights Market Research Report

Drivers

Market Research Future Analysis:

On the vehicle type, the market is bifurcated as passenger car, light commercial vehicle and heavy commercial vehicle. Passenger car segment expected to witness highest growth in global automotive fog lights market with share of around 63% in 2016. The growing sales of passenger cars is significantly boosting the market. Light commercial vehicles accounted the second largest share in 2016. The major factors driving the market for light commercial vehicles is the increasing demand for pickup trucks, vans and others for commercial purpose.

Global Automotive Fog Lights Market Size

Scope of the Report:

This study provides an overview of the market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the market by its technology, by vehicle type, by end market and regions.

By Technology

• Halogen


• LED


• HID

By Vehicle Type

• Passenger Car


• Light Commercial Vehicle


• Heavy Commercial Vehicle

By End Market

• OEM


• Aftermarket

By Region

• Asia Pacific


• North America


• Europe


• Rest of World

Key Players:

The key players of the global automotive fog lights market are General Electric (U.S.), Magneti Marelli (Italy), Stanley Electric Co. Ltd. (Japan), HELLA KGaA Hueck & Co (Germany), OSRAM (Germany), Valeo S.A. (France), Warn Industries, Inc. (U.S.), Autolite (India) Ltd. (India), PIAA Corporation (U.S.) and J.W. Speaker (U.S.).

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