The global daytime running lamp market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for safety features in automobiles and stringent government regulations on vehicle lighting systems. The automotive industry is one of the major end-users of daytime running lamps, which are used as an additional safety feature in vehicles.
Some Of The Growth Factors Of This Market:
- Increasing demand for safety features in vehicles is one of the major factors driving the growth of the Daytime Running Lamp market.
- The increasing number of accidents on highways and roads due to lack of visibility during daytime hours is also driving the growth of this market.
- Increasing awareness about safety features in vehicles among consumers, especially in developed countries such as North America and Europe, is also driving this market's growth.
- The introduction and implementation of stringent safety regulations by governments across various regions are expected to drive this market's growth.
Industry Growth Insights published a new data on “Daytime Running Lamp Market”. The research report is titled “Daytime Running Lamp Market research by Types (Halogen Lamp, LED Lamp, Others), By Applications (Automobile Manufacture Industry, Automobile Aftermarket Industry), By Players/Companies Hella, Philips, Valeo, Magneti Marelli, Osram, General Electric, Koito Manufacturing, Hyundai Mobis, ZKW Group, Ring Automotive, Bosma Group Europe, PIAA, Lumen, Fuch, JYJ, Canjing, Skeenway Electronics, Oulondun, YCL, Wincar Technology, Ditaier Auto Parts, YEATS, Wenqi Vehicle Accessories, JXD, YD Dian Electronic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Daytime Running Lamp Market Research Report
By Type
Halogen Lamp, LED Lamp, Others
By Application
Automobile Manufacture Industry, Automobile Aftermarket Industry
By Companies
Hella, Philips, Valeo, Magneti Marelli, Osram, General Electric, Koito Manufacturing, Hyundai Mobis, ZKW Group, Ring Automotive, Bosma Group Europe, PIAA, Lumen, Fuch, JYJ, Canjing, Skeenway Electronics, Oulondun, YCL, Wincar Technology, Ditaier Auto Parts, YEATS, Wenqi Vehicle Accessories, JXD, YD Dian Electronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Daytime Running Lamp Market Report Segments:
The global Daytime Running Lamp market is segmented on the basis of:
Types
Halogen Lamp, LED Lamp, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Manufacture Industry, Automobile Aftermarket Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hella
- Philips
- Valeo
- Magneti Marelli
- Osram
- General Electric
- Koito Manufacturing
- Hyundai Mobis
- ZKW Group
- Ring Automotive
- Bosma Group Europe
- PIAA
- Lumen
- Fuch
- JYJ
- Canjing
- Skeenway Electronics
- Oulondun
- YCL
- Wincar Technology
- Ditaier Auto Parts
- YEATS
- Wenqi Vehicle Accessories
- JXD
- YD Dian Electronic
Highlights of The Daytime Running Lamp Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Halogen Lamp
- LED Lamp
- Others
- By Application:
- Automobile Manufacture Industry
- Automobile Aftermarket Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Daytime Running Lamp Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A daytime running lamp (DRL) is a vehicle lighting accessory that emits a white light while the vehicle is in motion to improve the visibility of drivers and pedestrians.
Some of the major players in the daytime running lamp market are Hella, Philips, Valeo, Magneti Marelli, Osram, General Electric, Koito Manufacturing, Hyundai Mobis, ZKW Group, Ring Automotive, Bosma Group Europe, PIAA, Lumen, Fuch, JYJ, Canjing, Skeenway Electronics, Oulondun, YCL, Wincar Technology, Ditaier Auto Parts, YEATS, Wenqi Vehicle Accessories, JXD, YD Dian Electronic.
The daytime running lamp market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Daytime Running Lamp Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Daytime Running Lamp Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Daytime Running Lamp Market - Supply Chain
4.5. Global Daytime Running Lamp Market Forecast
4.5.1. Daytime Running Lamp Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Daytime Running Lamp Market Size (000 Units) and Y-o-Y Growth
4.5.3. Daytime Running Lamp Market Absolute $ Opportunity
5. Global Daytime Running Lamp Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Daytime Running Lamp Market Size and Volume Forecast by Type
5.3.1. Halogen Lamp
5.3.2. LED Lamp
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Daytime Running Lamp Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Daytime Running Lamp Market Size and Volume Forecast by Application
6.3.1. Automobile Manufacture Industry
6.3.2. Automobile Aftermarket Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Daytime Running Lamp Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Daytime Running Lamp Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Daytime Running Lamp Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Daytime Running Lamp Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Daytime Running Lamp Demand Share Forecast, 2019-2026
9. North America Daytime Running Lamp Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Daytime Running Lamp Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Daytime Running Lamp Market Size and Volume Forecast by Application
9.4.1. Automobile Manufacture Industry
9.4.2. Automobile Aftermarket Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Daytime Running Lamp Market Size and Volume Forecast by Type
9.7.1. Halogen Lamp
9.7.2. LED Lamp
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Daytime Running Lamp Demand Share Forecast, 2019-2026
10. Latin America Daytime Running Lamp Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Daytime Running Lamp Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Daytime Running Lamp Market Size and Volume Forecast by Application
10.4.1. Automobile Manufacture Industry
10.4.2. Automobile Aftermarket Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Daytime Running Lamp Market Size and Volume Forecast by Type
10.7.1. Halogen Lamp
10.7.2. LED Lamp
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Daytime Running Lamp Demand Share Forecast, 2019-2026
11. Europe Daytime Running Lamp Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Daytime Running Lamp Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Daytime Running Lamp Market Size and Volume Forecast by Application
11.4.1. Automobile Manufacture Industry
11.4.2. Automobile Aftermarket Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Daytime Running Lamp Market Size and Volume Forecast by Type
11.7.1. Halogen Lamp
11.7.2. LED Lamp
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Daytime Running Lamp Demand Share, 2019-2026
12. Asia Pacific Daytime Running Lamp Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Daytime Running Lamp Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Daytime Running Lamp Market Size and Volume Forecast by Application
12.4.1. Automobile Manufacture Industry
12.4.2. Automobile Aftermarket Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Daytime Running Lamp Market Size and Volume Forecast by Type
12.7.1. Halogen Lamp
12.7.2. LED Lamp
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Daytime Running Lamp Demand Share, 2019-2026
13. Middle East & Africa Daytime Running Lamp Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Daytime Running Lamp Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Daytime Running Lamp Market Size and Volume Forecast by Application
13.4.1. Automobile Manufacture Industry
13.4.2. Automobile Aftermarket Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Daytime Running Lamp Market Size and Volume Forecast by Type
13.7.1. Halogen Lamp
13.7.2. LED Lamp
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Daytime Running Lamp Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Daytime Running Lamp Market: Market Share Analysis
14.2. Daytime Running Lamp Distributors and Customers
14.3. Daytime Running Lamp Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hella
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Valeo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Magneti Marelli
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Osram
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Koito Manufacturing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hyundai Mobis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ZKW Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ring Automotive
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bosma Group Europe
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PIAA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lumen
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Fuch
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. JYJ
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Canjing
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Skeenway Electronics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Oulondun
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. YCL
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Wincar Technology
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
