Automotive Fog Lights Market Analysis, Growth Opportunities, Future Demand And Leading Players Updates By Forecast To 2030

Road accidents & fatalities have increased significantly due to fog and mist over the past three years in India. Therefore, the rise in concern towards road accidents globally spurs the demand for better safety features in the vehicle. Most vehicles come with high & low beam headlights. But these lights are not sufficient while driving during foggy conditions. The low placement of fog lights on a car makes it easier for the light beam to hit the road without interference. The purpose of the fog lamp is to show road edges & lane markings to the driver in extreme conditions. Owing to its short-range beam, the fog lights work in poor visibility conditions & provide better clarity on the road during an unfavorable situation such as mist, snow, fog, and even sand storms. However, the use of fog lamps when not required is an offense in some countries. There is no legal requirement for installing fog lamps in India, as they are provided in the top versions of the car models. Thus, the increase in the demand for road safety concerns has projected the automotive fog lights market.   

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Key Market Players

  • Flex-N-Gate Corporation
  • Phoenix Lamps Limited
  • Robert Bosch GmbH
  • Magneti Marelli S.p.A.
  • OSRAM Light AG
  • Valeo SA
  • ZKW Group
  • PIAA Corporation
  • General Electric
  • Warn Industries Inc.

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COVID-19 Impact Analysis

The outbreak of COVID-19 has resulted in the interruption of the supply chain in the automotive sector, including the automotive lighting industry. The majority of fog lights manufacturers have faced substantial issues such as factories shutdown & unavailability of the workforce due to lockdown, which has further affected the production of cars. The demand from end-users has been reduced due to low consumer confidence and high vehicle prices. As the governments across the globe have implemented various restrictions, the major industries in China, Germany & the U.S. have suffered adverse effects. However, the automotive fog lights industry has a chance of positive sales momentum in 2022 due to government initiatives towards sustainable and green mobility frameworks such as a change in the design & usability of non-motorized transport (NMT). 

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Top Impacting Factors

  • Increase in road safety concerns, increasing sales of E-vehicles, and advancement in adaptive fog lights is expected to drive the automotive fog lights market.
  • However, rise in the raw material cost, underdeveloped aftermarket services, and high-power consumption & heating issues hinder the growth of the automotive fog lights market.
  • On the contrary, rise in preferences of manufacturers, and innovation in OLED & LED technology are boost the growth opportunities for the automotive fog lights market.

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Key Benefits of the Report:

  • This study presents the analytical depiction of the automotive fog lights market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the automotive fog lights market.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the automotive fog lights market.
  • The report provides a detailed automotive fog lights market analysis based on competitive intensity and the competition that will take shape in coming years.

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