Global Automotive Daytime Running Light Market to Grow at a CAGR of 7.81%, 2017-2021 with Hella, KOITO, Magneti Marelli, OSRAM & Valeo Leading the Way - Research and Markets

Research and Markets has announced the addition of the "Global Automotive Daytime Running Light Market 2017-2021" report to their offering.

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

The 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.

According to the report, DRLs are used in vehicles to increase vehicle visibility on the road during the daytime. DRL has led to the reduction of deaths and injuries on the road. Scandinavian countries were the first to implement DRL regulations because of the region's low daylight during winters. Studies conducted by organizations like the European Union and the UK's Department for Transport to analyze the benefit-to-cost ratio of DRLs found these lighting systems beneficial.

While Sweden mandated the use of DRLs as early as 1977, the European Commission mandated their use in passenger cars and small vans in 2011. Germany mandated their use in all new vehicles produced after the second half of 2012. The NHTSA also has opted DRL as an additional safety feature for the vehicles but has not mandated their use. Taiwan's Ministry of Transportation, in September 2016, announced plans to mandate the use of DRLs in all passenger cars in 2017.

Key vendors

  • Hella
  • KOITO
  • Magneti Marelli
  • OSRAM
  • Valeo

Other prominent vendors

  • ICHIKOH INDUSTRIES
  • Samsung LED
  • STANLEY ELECTRIC

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by type of vehicle

Part 07: Market segmentation by end market

Part 08: Geographical segmentation

Part 09: Market drivers

Part 10: Market challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/xk5w6z/global_automotive