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Two-Wheeler Day-Time Running Lights (DRL)-Global Market Insights and Sales Trends 2024
Synopsis
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 global Two-Wheeler Day-Time Running Lights (DRL) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Two-Wheeler Day-Time Running Lights (DRL) in various end use industries. The expanding demands from the OEMs and Aftermarkets, are propelling Two-Wheeler Day-Time Running Lights (DRL) market. Motorcycle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Scooter segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Two-Wheeler Day-Time Running Lights (DRL), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Two-Wheeler Day-Time Running Lights (DRL) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Two-Wheeler Day-Time Running Lights (DRL) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Two-Wheeler Day-Time Running Lights (DRL) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Two-Wheeler Day-Time Running Lights (DRL) covered in this report include Fiem Industries, KOITO, UNO MINDA and Varroc, etc.
The global Two-Wheeler Day-Time Running Lights (DRL) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Fiem Industries
KOITO
UNO MINDA
Varroc
Global Two-Wheeler Day-Time Running Lights (DRL) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Two-Wheeler Day-Time Running Lights (DRL) market, Segment by Type:
Motorcycle
Scooter
Global Two-Wheeler Day-Time Running Lights (DRL) market, by Application
OEMs
Aftermarkets
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Two-Wheeler Day-Time Running Lights (DRL) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Two-Wheeler Day-Time Running Lights (DRL) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 global Two-Wheeler Day-Time Running Lights (DRL) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Two-Wheeler Day-Time Running Lights (DRL) in various end use industries. The expanding demands from the OEMs and Aftermarkets, are propelling Two-Wheeler Day-Time Running Lights (DRL) market. Motorcycle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Scooter segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Two-Wheeler Day-Time Running Lights (DRL), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Two-Wheeler Day-Time Running Lights (DRL) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Two-Wheeler Day-Time Running Lights (DRL) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Two-Wheeler Day-Time Running Lights (DRL) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Two-Wheeler Day-Time Running Lights (DRL) covered in this report include Fiem Industries, KOITO, UNO MINDA and Varroc, etc.
The global Two-Wheeler Day-Time Running Lights (DRL) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Fiem Industries
KOITO
UNO MINDA
Varroc
Global Two-Wheeler Day-Time Running Lights (DRL) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Two-Wheeler Day-Time Running Lights (DRL) market, Segment by Type:
Motorcycle
Scooter
Global Two-Wheeler Day-Time Running Lights (DRL) market, by Application
OEMs
Aftermarkets
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Two-Wheeler Day-Time Running Lights (DRL) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Two-Wheeler Day-Time Running Lights (DRL) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Two-Wheeler Day-Time Running Lights (DRL) Market Overview
1.1 Two-Wheeler Day-Time Running Lights (DRL) Product Overview
1.2 Two-Wheeler Day-Time Running Lights (DRL) Market Segment by Type
1.2.1 Motorcycle
1.2.2 Scooter
1.3 Global Two-Wheeler Day-Time Running Lights (DRL) Market Size by Type
1.3.1 Global Two-Wheeler Day-Time Running Lights (DRL) Market Size Overview by Type (2018-2029)
1.3.2 Global Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Type (2018-2023)
2 Global Two-Wheeler Day-Time Running Lights (DRL) Market Competition by Company
2.1 Global Top Players by Two-Wheeler Day-Time Running Lights (DRL) Sales (2018-2023)
2.2 Global Top Players by Two-Wheeler Day-Time Running Lights (DRL) Revenue (2018-2023)
2.3 Global Top Players by Two-Wheeler Day-Time Running Lights (DRL) Price (2018-2023)
2.4 Global Top Manufacturers Two-Wheeler Day-Time Running Lights (DRL) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Two-Wheeler Day-Time Running Lights (DRL) Market Competitive Situation and Trends
2.5.1 Two-Wheeler Day-Time Running Lights (DRL) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Two-Wheeler Day-Time Running Lights (DRL) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Two-Wheeler Day-Time Running Lights (DRL) as of 2022)
2.7 Date of Key Manufacturers Enter into Two-Wheeler Day-Time Running Lights (DRL) Market
2.8 Key Manufacturers Two-Wheeler Day-Time Running Lights (DRL) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Two-Wheeler Day-Time Running Lights (DRL) Status and Outlook by Region
3.1 Global Two-Wheeler Day-Time Running Lights (DRL) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size by Region
3.2.1 Global Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Region (2018-2023)
3.2.2 Global Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Region (2018-2023)
3.2.3 Global Two-Wheeler Day-Time Running Lights (DRL) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Region
3.3.1 Global Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Region (2024-2029)
3.3.2 Global Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Region (2024-2029)
3.3.3 Global Two-Wheeler Day-Time Running Lights (DRL) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Two-Wheeler Day-Time Running Lights (DRL) by Application
4.1 Two-Wheeler Day-Time Running Lights (DRL) Market Segment by Application
4.1.1 OEMs
4.1.2 Aftermarkets
4.2 Global Two-Wheeler Day-Time Running Lights (DRL) Market Size by Application
4.2.1 Global Two-Wheeler Day-Time Running Lights (DRL) Market Size Overview by Application (2018-2029)
4.2.2 Global Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Sales Breakdown by Application (2018-2023)
5 North America Two-Wheeler Day-Time Running Lights (DRL) by Country
5.1 North America Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size by Country
5.1.1 North America Two-Wheeler Day-Time Running Lights (DRL) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2018-2023)
5.1.3 North America Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2018-2023)
5.2 North America Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Country
5.2.1 North America Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2024-2029)
5.2.2 North America Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2024-2029)
6 Europe Two-Wheeler Day-Time Running Lights (DRL) by Country
6.1 Europe Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size by Country
6.1.1 Europe Two-Wheeler Day-Time Running Lights (DRL) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2018-2023)
6.1.3 Europe Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2018-2023)
6.2 Europe Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Country
6.2.1 Europe Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2024-2029)
6.2.2 Europe Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2024-2029)
7 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) by Region
7.1 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size by Region
7.1.1 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Region
7.2.1 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Region (2024-2029)
8 Latin America Two-Wheeler Day-Time Running Lights (DRL) by Country
8.1 Latin America Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size by Country
8.1.1 Latin America Two-Wheeler Day-Time Running Lights (DRL) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2018-2023)
8.2 Latin America Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Country
8.2.1 Latin America Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2024-2029)
9 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) by Country
9.1 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Historic Market Size by Country
9.1.1 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Forecasted Market Size by Country
9.2.1 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Two-Wheeler Day-Time Running Lights (DRL) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Fiem Industries
10.1.1 Fiem Industries Company Information
10.1.2 Fiem Industries Introduction and Business Overview
10.1.3 Fiem Industries Two-Wheeler Day-Time Running Lights (DRL) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fiem Industries Two-Wheeler Day-Time Running Lights (DRL) Products Offered
10.1.5 Fiem Industries Recent Development
10.2 KOITO
10.2.1 KOITO Company Information
10.2.2 KOITO Introduction and Business Overview
10.2.3 KOITO Two-Wheeler Day-Time Running Lights (DRL) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 KOITO Two-Wheeler Day-Time Running Lights (DRL) Products Offered
10.2.5 KOITO Recent Development
10.3 UNO MINDA
10.3.1 UNO MINDA Company Information
10.3.2 UNO MINDA Introduction and Business Overview
10.3.3 UNO MINDA Two-Wheeler Day-Time Running Lights (DRL) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 UNO MINDA Two-Wheeler Day-Time Running Lights (DRL) Products Offered
10.3.5 UNO MINDA Recent Development
10.4 Varroc
10.4.1 Varroc Company Information
10.4.2 Varroc Introduction and Business Overview
10.4.3 Varroc Two-Wheeler Day-Time Running Lights (DRL) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Varroc Two-Wheeler Day-Time Running Lights (DRL) Products Offered
10.4.5 Varroc Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Two-Wheeler Day-Time Running Lights (DRL) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Two-Wheeler Day-Time Running Lights (DRL) Industrial Chain Analysis
11.4 Two-Wheeler Day-Time Running Lights (DRL) Market Dynamics
11.4.1 Two-Wheeler Day-Time Running Lights (DRL) Industry Trends
11.4.2 Two-Wheeler Day-Time Running Lights (DRL) Market Drivers
11.4.3 Two-Wheeler Day-Time Running Lights (DRL) Market Challenges
11.4.4 Two-Wheeler Day-Time Running Lights (DRL) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Two-Wheeler Day-Time Running Lights (DRL) Distributors
12.3 Two-Wheeler Day-Time Running Lights (DRL) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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