About Automotive Fog Lights
Fog lights are low-mounted front lights in addition to headlights. Their purpose is to illuminate the area close to the front of a vehicle in poor/low visibility conditions. A fog light is mounted low on the front end of a vehicle to make lane identification clear for the driver and while cornering. Poor visibility is one of the major factors for accidents. Therefore, fog lights are used in vehicles as a safety feature. Adaptive fog lights have the ADAS feature and help in illuminating corners/turns in poor visibility conditions.
Technavio’s analysts forecast the global automotive fog lights market to grow at a CAGR of 3.32% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive fog lights market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Fog Lights Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive fog lights market: GE Lighting, HELLA, KOITO MANUFACTURING, Magneti Marelli, OSRAM, and Valeo.
Other Prominent Vendors in the market are: Philips, and SL Corporation.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is all-feature headlamps. The next innovation in the automotive industry, which would revolutionize the assembly lines globally, is reducing the number of assembly parts. The integrated component technology reduces the number of assembly steps in a manufacturing process, which saves time, labor cost, material cost, and associated miscellaneous overheads.”
According to the report, one driver in the market is innovation and advancements in efficient lighting. The developed automotive zones across the globe have stringent regulatory norms not only pertaining to the use of vehicles, but also for their manufacturing. These regulations are developed considering the safety of the drivers and passengers, as well as that of the environment. In order to comply with these stringent norms, OEMs focus on the investment in their technological research, and develop efficient technologies. Additionally, the consumer disposable income is increasing globally, which has become a prime factor to attract demands for high-end products. Performance, product design, and the on-road safety features, including the lighting systems, play a significant role in the vehicle selection criteria for a buyer.
Further, the report states that one challenge in the market is diverse segmentation of fog lights. Based on technology, color emission type, positioning, and channel, the global automotive fog lights market is a fragmented one. These segmentations make it difficult for end-users to understand the utility of a single type of product, and hence create a problem in vendors' operations. The industry has multiple growth opportunities, but the exact future requirement of a fog light type is directly influenced by the development of lighting technologies. The technological advancements in automotive fog light systems have been slow as compared with the global automotive lighting technology transformation and advancement rate.
GE Lighting, HELLA, KOITO MANUFACTURING, Magneti Marelli, OSRAM, and Valeo, Philips, and SL Corporation.
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