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Global Automotive DRL Market To Grow At A CAGR Of 7.81% During The Period 2017-2021

Press Release   •   Jan 30, 2017 04:27 EST

MarketResearchReports.biz has recently announced the addition of a market study “ Global Automotive Daytime Running Light Market 2017-2021 ”, is a comparative analysis of the global market.

About Automotive DRL

Lighting is one of the most important aspects of an automobile, with vital roles to play in safety, comfort, and, increasingly, in vehicle styling. It includes lighting and signaling devices located in the front, sides, and rear of a vehicle. The primary use of automotive lighting is to ensure visibility for the driver, improve vehicle conspicuity, and intimate the presence and position of the vehicle to others.

Technavios analysts forecast the global automotive DRL market to grow at a CAGR of 7.81% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive DRL market for 2017-2021. To calculate the market size, the report considers the revenue generated from the annual shipment of units.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Automotive DRL Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Hella

KOITO

Magneti Marelli

OSRAM

Valeo

Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/938669

Other prominent vendors

ICHIKOH INDUSTRIES

Samsung LED

STANLEY ELECTRIC

Market driver

Regulatory mandates favoring DRL use

For a full, detailed list, view our report

Market challenge

High cost of LEDs

For a full, detailed list, view our report

Market trend

Use of DRL as brand differentiator by OEMs

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table Of Content

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Overview

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by type of vehicle

Market overview

Passenger cars

LCVs

PART 07: Market segmentation by end market

Market overview

Global automotive OEM DRL market

Global automotive aftermarket DRL market

PART 08: Geographical segmentation

Market segmentation by geography

APAC

Americas

EMEA

PART 09: Market drivers

Regulatory mandates favoring DRL use

Add-on safety benefits of DRL leading to rise in demand

Low energy consumption through use of LEDs

PART 10: Market challenges

High cost of LEDs

Diminishing aftermarket LED sales

PART 11: 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

PART 12: Vendor landscape

Competitive scenario

Other prominent vendors

PART 13: Key vendor analysis

Hella

KOITO

Magneti Marelli

OSRAM

Valeo

PART 14: Appendix