Fog Lamp: Introduction
- Fog light is a very bright light fitted on the front of the vehicle and it is used by the driver to improve visibility in fog. Fog lights are placed on lowdown, either at the front side or rear side of the vehicle. Fog lights have become essential for people living in countries that experience heavy snow or cold foggy climate. A fog light helps the driver to prevent any mishaps due to poor visibility. Fog lights, unlike driving head lights that have dipper, indicate its presence for an approaching vehicle or one moving in the same direction.
- Fog lights are generally fixed on the front bumper, as they cut over dense fog and lighten up the road ahead to offer better visibility. The aftermarket of fog lamp is expected to expand at a robust rate, as the life of these lights is short and hence, they need to be replaced subsequently.
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Key Drivers of Global Fog Lamp Aftermarket
- The trend of urbanization is rising at an exponential rate, which is leading to increase in the average income of urban population, which enables the population to enhance their lifestyles. Furthermore, rise in demand for passenger cars is prompting manufacturers to increase production of commercial vehicles, which in turn is boosting the fog lamp aftermarket across the globe.
- Rise in demand for vehicles and continuous investments by automakers in research and development for the development of cost-effective, environment-friendly and clear visibility of lights with a high life within the industry are likely to drive the overall fog lamp aftermarket across the globe
- Increased trend of driving at night in order to avoid heavy traffic during the day, due to an increase in number of vehicles on road, is fueling the market at a rapid pace. The factors also drive the global fog lamp aftermarket across the globe.
- Rise in lifetime of a vehicles owing to stringent rules and regulations enacted by governments and a rise in disposable income coupled with advancements in technology has boosted the fog lamp aftermarket at a major growth rate
Passenger Vehicle segment to Offer Attractive Opportunities
- The passenger vehicle segment is likely to hold a significant share of the market by the end of the forecast period. This is attributed to a rise in the demand for utility vehicles in highly populated countries such as China, India, and Brazil.
- High demand for e-class, crossovers, SUVs, and hatchbacks is driving the passenger vehicle segment, which in turn is likely to boost the fog lamp aftermarket. Rise in preference for private transport and buying power of consumers is driving the passenger vehicle segment of the aftermarket. Fog lamps provide powerful light and clear visibility in smog, fog, dirt, and snowflakes, which is estimated to fuel the aftermarket during the forecast period.
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Global Fog Lamp Aftermarket to hamper market:
- The fog lamp aftermarket has several drivers, carrying the market in a positive direction, however, the market faces restraints that hamper its expansion. Stringent rules implemented by governments pertaining to extensive usage of fog lights are expected to restrain the market. High cost of these lamps is another reason that is projected to hinder the market. Lack of awareness regarding the usage of fog lamps in developing economies is also anticipated to restrain the fog lamp aftermarket.
Asia Pacific to Hold Significant Share of Global Fog Lamp Aftermarket
- Asia Pacific comprises rapidly expanding economies, including India, which is likely to witness higher demand for vehicles and consequently, boost the fog lamp aftermarket during the forecast period
- Asia Pacific held a leading share of the global fog lamp aftermarket due to higher volume of vehicles produced in prominent countries, including China and Japan, and lower manufacturing and labor cost across the region. Moreover, availability of inexpensive labor and raw material in the region coupled with increasing number of local manufacturers is likely to propel the market in Asia Pacific during the forecast period.
Key Players Operating in Global Market:
The global fog lamp aftermarket is highly fragmented with top manufacturers across the global market. A few of the key players operating and potential in the global fog lamp aftermarket are:
- Sammoon Lamping & Electrical Co., Ltd.
- Magneti Marelli S.p.A
- General Electric
- Guangzhou Ledoauto Company Ltd.
- Hella Kgaa Hueck & Co.
- Zizala Lichtsysteme GMBH
- Blazzer international
- Warn industries, Inc.
- PIAA Corporation
- Flex-N-Gate Corporation
- Phoenix Lamps Limited
- Robert Bosch GmbH
- Valeo SA
- ZKW Group
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Global Fog Lamp Aftermarket: Research Scope
Global Fog Lamp Aftermarket, by Technology Type
- LED Fog Lamp
- Halogen Fog Lamp
- HID Fog Lamp
Global Fog Lamp Aftermarket, by Vehicle Type
- Two Wheeler
- Passenger Vehicle
- Hatchback
- Sedan
- Utility Vehicles
- Commercial Vehicle
- Trucks
- Buses and Coaches
Global Fog Lamp Aftermarket, by Positioning Type
- Front Fog Lamp
- Rear Fog Lamp
Global Fog Lamp Aftermarket, by Color Emission Type
- White Fog Lamp
- Blue Fog Lamp
- Yellow Fog Lamp
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