Two-Wheeler Day-Time Running Lights (DRL) Market, Global Outlook and Forecast 2023-2032
The global Two-Wheeler Day-Time Running Lights (DRL) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Two-Wheeler Day-Time Running Lights (DRL), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Two-Wheeler Day-Time Running Lights (DRL). This report contains market size and forecasts of Two-Wheeler Day-Time Running Lights (DRL) in global, including the following market information:
- Global Two-Wheeler Day-Time Running Lights (DRL) Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Two-Wheeler Day-Time Running Lights (DRL) Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Two-Wheeler Day-Time Running Lights (DRL) companies in 2022 (%)
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Two-Wheeler Day-Time Running Lights (DRL) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Two-Wheeler Day-Time Running Lights (DRL) Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Two-Wheeler Day-Time Running Lights (DRL) Market Segment Percentages, by Type, 2022 (%)
Global Two-Wheeler Day-Time Running Lights (DRL) Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Two-Wheeler Day-Time Running Lights (DRL) Market Segment Percentages, by Application, 2022 (%)
Global Two-Wheeler Day-Time Running Lights (DRL) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Two-Wheeler Day-Time Running Lights (DRL) Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Two-Wheeler Day-Time Running Lights (DRL) revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Two-Wheeler Day-Time Running Lights (DRL) revenues share in global market, 2022 (%)
- Key companies Two-Wheeler Day-Time Running Lights (DRL) sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Two-Wheeler Day-Time Running Lights (DRL) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Fiem Industries
- KOITO
- UNO MINDA
- Varroc
Outline of Major Chapters:
Chapter 1: Introduces the definition of Two-Wheeler Day-Time Running Lights (DRL), market overview.
Chapter 2: Global Two-Wheeler Day-Time Running Lights (DRL) market size in revenue and volume.
Chapter 3: Detailed analysis of Two-Wheeler Day-Time Running Lights (DRL) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Two-Wheeler Day-Time Running Lights (DRL) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Two-Wheeler Day-Time Running Lights (DRL) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
