Global Automotive Daytime Running Light Market by Manufacturers, Regions, Type and Application, Forecast to 2021.
The Global Automotive Daytime Running Light Market to GROW at a CAGR of 7.81% during the period 2017-2021.
Automotive Daytime Running Light Market Report focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Automotive Daytime Running Light market research report is a professional and in-depth study on the current state of Automotive Daytime Running Light Industry.
Complete Report of Automotive Daytime Running Light Market Research available at: https://www.absolutereports.com/global-automotive-daytime-running-light-market-2017-2021-10539814
Lighting is one of the most important aspects of an automobile, with vital roles to play in safety, comfort, and, increasingly, in vehicle styling. One of the key factors responsible for this market growth are the add-on safety benefits of DRL. DRLs increase the safety of vehicles during daytime and enhances vehicle conspicuity during poor weather conditions such as fog or mist. The growing demand for vehicles from countries such as China, South Korea, and India is attracting global automotive manufacturers to invest and operate in these countries.
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Key Vendors of Automotive Daytime Running Light Market:
- Hella
- KOITO
- Magneti Marelli
- OSRAM
- Valeo
Other Prominent Vendors
- ICHIKOH INDUSTRIES
- Samsung LED
- STANLEY ELECTRIC
And many more…
The Global Automotive Daytime Running Light Market is highly competitive in nature, with the presence of several new advanced technologies being introduced by vendors to differentiate their product offerings. Vehicle manufacturers and suppliers are placing increased focus on automotive lighting technologies, this has resulted in greater innovations in front lighting systems.
Regions of Automotive Daytime Running Light Market:
- Americas
- APAC
- EMEA
Automotive Daytime Running Light Market Driver
- Regulatory mandates favoring DRL use
- Add-on safety benefits of DRL leading to rise in demand
- Low energy consumption through use of LEDs
Automotive Daytime Running Light Market Challenge
- High cost of LEDs
- Diminishing aftermarket LED sales
Automotive Daytime Running Light Market Trends
- Use of DRL as brand differentiator by OEMs
- Innovations in LED technology
- Growing demand for easy-to-fit DIY DRLs
- Gradual introduction of DRLs in mainstream motorcycle
Key questions answered in Automotive Daytime Running Light Market Report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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List of Exhibits in Automotive Daytime Running Light Market Report:
- Exhibit 01: Scope of the report
- Exhibit 02: Product offerings
- Exhibit 03: Segmentation of DRL market
- Exhibit 04: Global automotive DRL market 2016-2021 (millions of units)
- Exhibit 05: Five forces analysis
- Exhibit 06: Global automotive DRL market for passenger cars 2016-2021 (millions of units)
- Exhibit 07: Global passenger car market 2016-2021 (millions of units)
- Exhibit 08: Global automotive DRL market for LCVs 2016-2021 (millions of units)
- Exhibit 09: Global LCV market 2016-2021 (millions of units)
- Exhibit 10: Global automotive OEM DRL market 2016-2021 (millions of units)
And continued….
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