Global Automotive Daytime Running Light Market 2017-2021

Global Automotive Daytime Running Light Market 2017-2021

  • January 2017 •
  • 58 pages •
  • Report ID: 4647400
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.

Technavio’s 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

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 analyst’s time when you purchase this market report. Details are provided within the report.



Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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