This industry study presents the global Two-Wheeler Day-Time Running Lights (DRL) market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Two-Wheeler Day-Time Running Lights (DRL) production, revenue and market share by manufacturers, key regions and type;
The consumption of Two-Wheeler Day-Time Running Lights (DRL) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Fiem Industries, KOITO, etc.
A daytime running lamp (DRL, also daytime running light) is an automotive lighting and bicycle lighting device on the front of a roadgoing motor vehicle or bicycle, automatically switched on when the vehicle is in drive, emitting white, yellow, or amber light to increase the conspicuity of the vehicle during daylight conditions.
The growing adoption of lighting as an integral styling component of the two-wheelers is encouraging OEMs to use lighting for enhancing the aesthetics of the vehicle. The global two-wheeler industry is witnessing the high adoption of DRLs due to their energy efficiency, enhanced safety offered, and aesthetics. DRLs also increase the visibility of the motorcycles and other two-wheelers in dusty, foggy environments, and during rains. Thus, an increased use of DRLs for improving the visibility and reducing accidents has led to the continuous growth of the market. Technavio’s market research analysis identifies the greater energy efficiency, safety, and aesthetics as one of the primary driving factors for the growth of this market during the next few years.
Global Two-Wheeler Day-Time Running Lights (DRL) market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Two-Wheeler Day-Time Running Lights (DRL).
The following manufacturers are covered in this report:
Fiem Industries
KOITO
UNO MINDA
Varroc
Two-Wheeler Day-Time Running Lights (DRL) Breakdown Data by Type
Motorcycle
Scooter
Two-Wheeler Day-Time Running Lights (DRL) Breakdown Data by Application
OEMs
Aftermarkets
Two-Wheeler Day-Time Running Lights (DRL) Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Two-Wheeler Day-Time Running Lights (DRL) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Two-Wheeler Day-Time Running Lights (DRL) status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Two-Wheeler Day-Time Running Lights (DRL) manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Two-Wheeler Day-Time Running Lights (DRL) :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Two-Wheeler Day-Time Running Lights (DRL) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.