Market Overview:
The global LED fog lamp market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LED fog lamps in passenger cars, light commercial vehicles, and heavy commercial vehicles. Additionally, the growing awareness about the benefits of using LED fog lamps is also contributing to the growth of this market. Based on type, the global LED fog lamp market can be segmented into white LEDs, yellow LEDs, and others (including blue and red LEDs). White LEDs are expected to account for a major share of this market in 2018 owing to their high brightness and long life span. By application, the global LED fog lamp market can be divided into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Passenger cars are anticipated to account for a leading share of this market in 2018 due mainly to rising demand from developed countries such as Europe and North America.
Product Definition:
An LED fog lamp is an automotive lighting device that emits light in a specific direction to improve visibility in foggy or other low-visibility conditions.
White:
White is a color that has few characteristics, such as it is very bright and has high purity. It can be used in various applications including LED fog lamp. The growth factor of the market for white LED fog lamp is not much because it was earlier used in many other applications like street light, general illumination, etc., but now with technological advancement its use in fog lamps too.
Yellow:
Yellow is a color that has a high light output and can be considered as the opposite of blue. The higher the wavelength, the shorter the wave length, yellow has a low wavelength so it produces more lumens than blue but less than ultraviolet.
Yellow LED Fog lamps are used in applications where standard fog lamps would produce too much glare for safety or where additional lighting is required.
Application Insights:
Passenger car application led the global LED fog lamp market and accounted for more than 55% of the overall revenue share in 2017. The segment is projected to expand further at a steady CAGR over the forecast period owing to rising demand from various end-use applications, such as public transport buses, private cars and heavy commercial vehicles (HCVs).
The growth of HCV industry across various regions is expected to boost product demand in near future. For instance, according to data published by International Organization of Motor Vehicle Manufacturers (OICA), there were approximately 562 million light commercial vehicles on roads globally in 2016. This number is expected to grow at a rate faster than that of passenger cars over the next six years.
Regional Analysis:
The Asia Pacific regional led fog lamp market is anticipated to witness significant growth over the forecast period owing to increasing demand for LED lights in countries such as China, India, and Japan. The growing adoption of these lights in commercial vehicles is also expected to drive the APAC regional market over the forecast period. Europe accounted for a major share of global led fog lamp demand on account of stringent regulations imposed by the European Union that require automakers to use specific light sources in combination with reflectors within certain power consumption limits.
North America region is projected to grow at a moderate pace during the forecast years due to lack of product innovation and technological advancements associated with LED lighting solutions within this region. However, rising awareness regarding road safety coupled with strict traffic rules implemented by various governments are expected boost North American regional growth during future years. Moreover, presence of prominent players such as Cree Inc., Bridgelux Corporation; and OSRAM GmbH & Co., based in Germany; Ushio inc.
Growth Factors:
- Increasing demand for LED fog lamps from the automotive industry as a result of stringent government regulations on vehicle emissions.
- Rising demand for LED fog lamps in the aftermarket from consumers who are looking to upgrade their vehicles with the latest lighting technologies.
- Growing popularity of LEDs as a replacement for traditional halogen and xenon bulbs in fog lamps, due to their superior performance and energy efficiency.
- Technological advancements that have led to the development of more advanced and efficient LED fog lamp designs, such as those with built-in optical reflectors or lenses.
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Fog Lamp Market Research Report
By Type
White, Yellow, Others
By Application
Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
By Companies
Osram, Hella Group, Valeo SA, Philips, Magneti Marelli, Robert Bosch, IPF Corporation, SL Corporation, Koito Manufacturing, JDM Astar
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global LED Fog Lamp Market Report Segments:
The global LED Fog Lamp market is segmented on the basis of:
Types
White, Yellow, 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
Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
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:
- Osram
- Hella Group
- Valeo SA
- Philips
- Magneti Marelli
- Robert Bosch
- IPF Corporation
- SL Corporation
- Koito Manufacturing
- JDM Astar
Highlights of The LED Fog 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:
- White
- Yellow
- Others
- By Application:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- 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 LED Fog 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
LED Fog Lamp is a type of lighting that emits light in the form of small particles called LEDs. These lamps are often used to provide illumination in areas where natural light is not sufficient, such as inside warehouses or factories.
Some of the key players operating in the led fog lamp market are Osram, Hella Group, Valeo SA, Philips, Magneti Marelli, Robert Bosch, IPF Corporation, SL Corporation, Koito Manufacturing, JDM Astar.
The led fog lamp market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Fog Lamp Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Fog Lamp Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Fog Lamp Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Fog Lamp Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Fog Lamp Market Size & Forecast, 2018-2028
4.5.1 LED Fog Lamp Market Size and Y-o-Y Growth
4.5.2 LED Fog Lamp Market Absolute $ Opportunity
Chapter 5 Global LED Fog Lamp Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LED Fog Lamp Market Size Forecast by Type
5.2.1 White
5.2.2 Yellow
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Fog Lamp Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LED Fog Lamp Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Light Commercial Vehicle
6.2.3 Heavy Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Fog Lamp Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Fog Lamp Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LED Fog Lamp Analysis and Forecast
9.1 Introduction
9.2 North America LED Fog Lamp Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LED Fog Lamp Market Size Forecast by Type
9.6.1 White
9.6.2 Yellow
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LED Fog Lamp Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Light Commercial Vehicle
9.10.3 Heavy Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LED Fog Lamp Analysis and Forecast
10.1 Introduction
10.2 Europe LED Fog Lamp Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LED Fog Lamp Market Size Forecast by Type
10.6.1 White
10.6.2 Yellow
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LED Fog Lamp Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Light Commercial Vehicle
10.10.3 Heavy Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LED Fog Lamp Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Fog Lamp Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LED Fog Lamp Market Size Forecast by Type
11.6.1 White
11.6.2 Yellow
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LED Fog Lamp Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Light Commercial Vehicle
11.10.3 Heavy Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LED Fog Lamp Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Fog Lamp Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LED Fog Lamp Market Size Forecast by Type
12.6.1 White
12.6.2 Yellow
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LED Fog Lamp Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Light Commercial Vehicle
12.10.3 Heavy Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LED Fog Lamp Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Fog Lamp Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LED Fog Lamp Market Size Forecast by Type
13.6.1 White
13.6.2 Yellow
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LED Fog Lamp Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Light Commercial Vehicle
13.10.3 Heavy Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Fog Lamp Market: Competitive Dashboard
14.2 Global LED Fog Lamp Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Osram
14.3.2 Hella Group
14.3.3 Valeo SA
14.3.4 Philips
14.3.5 Magneti Marelli
14.3.6 Robert Bosch
14.3.7 IPF Corporation
14.3.8 SL Corporation
14.3.9 Koito Manufacturing
14.3.10 JDM Astar
