Global Fog Lamp Aftermarket: Overview
Fog light is placed on lowdown, either at the front side or rear side of the vehicle. These lights help the driver to see through foggy climatic conditions. Fog lights have become quite a necessity for people living in western countries where it snows heavily. However, fog light have seen a tremendous demand in Asia Pacific countries owing to rise in dirt and pollution resulting in increasing cases of smog. A fog light helps driver to evade any mishaps due to poor visibility. Fog lights unlike driving head lights, which have dipper to indicate the vehicle in front approaching or moving the same direction. Fog lights are generally fixed on the front bumper as they cut over the dense fog and lighten up road ahead to offer better visibility. The aftermarket of fog lamp is expected to expand at a robust rate as the lifetime of these lights are short and is required to change subsequently.
The global fog lamp aftermarket is classified on the basis of technology, positioning, vehicle, sales channel, region, and color emission type. On the basis of technology the market can be segmented into LED fog Lamp and two other types. Of these, LED fog lamps have witnessed a significant growth in its demand owing to powerful light and clear visibility in smog, fog, dirt, and snowflakes.
The report offers complete overview of the market, helping the readers to understand the market. Authors of the report have collected information through primary and secondary research. The report consists of various market dynamics such as trends, opportunities, and restraints which are anticipated to impact the market during the forecast period 2018 – 2026
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Fog Lamp Aftermarket: Trends and Opportunities
The global fog lamp aftermarket is majorly driven by the aggressive growth in the automobile sector. Rapid urbanization, coupled with the change in lifestyle, have favored the automobile industry to grow at a stellar rate, positively influencing the fog lamp aftermarket. Growing trend of driving at night in order to avoid heavy traffic in morning due to increase in number of vehicles on road has significantly helped the market to grow vehemently. Rise in the lifetime of a vehicle owing to strict government rules and regulation has boosted the uptake of fog lamps aftermarket at a major rate.
The fog lamp aftermarket has several drivers, carrying the market in a positive direction, however, the market faces restraints which are prognosticated to deter the growth of it. Strict rules implemented by government pertaining to extensive usage of fog light are expected to cause distress to the market. Exorbitant cost of these lamp can be considered to be another reason creating a major roadblock in the market growth. Lack of awareness regarding the usage of fog lamps in developing economies is predicted to pull down the market. Nonetheless, rise in disposable income coupled with advancement in technology is foreseen to drive the market in future.
Fog Lamp Aftermarket: Geographic Analysis
On the basis of geography, the global fog lamp aftermarket is segmented into Asia Pacific, North America, Middle East and Africa, Latin America, and Europe. Of these, Asia Pacific holds the major share owing to massive growth of automobile sector in the region. China, Japan, and India contributes the most due to rise in sales of vehicles in these countries. On the other hand, Europe will continue to hold the second spot in the market, owing to presence of major players in the market.
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Fog Lamp Aftermarket: Companies Mentioned
Some of the major players in the market are Sammoon Lamping & Electrical Co., Ltd., General Electric, Guangzhou Ledoauto Company Ltd., Hella Kgaa Hueck & Co., Zizala Lichtsysteme GMBH, Blazzer international, warn industries, Inc., Magneti Marelli S.P.A, and PIAA Corporation.
Market segmentation based on geography:
- North America
- South America
- Asia Pacific
- Middle East and Africa