Automotive Ambient Lighting Market
The Report ” Automotive Ambient Lighting Market ” is estimated to be USD 2.29 Billion in 2016 and is projected to reach USD 5.30 Billion by 2022, at a CAGR of 14.41% from 2017 to 2022.
Objectives of the Study:
- To define and segment the market, in terms of volume (‘000 units) and value (USD million), by application, vehicle segment, and region
- To segment the country-level aftermarket for Ambient lighting system and forecast the market size, by value and volume, based on application
- To segment the alternate fuel vehicle market for Ambient lighting and forecast the market size, by value and volume, based on application, vehicle segment, and region
Years considered for this report:
- 2016 – Base Year
- 2017 – Estimated Year
- 2019 & 2022 – Projected Years
Request for Customization to get the global Automotive Ambient Lighting Market forecasts to 2025
Automotive Ambient Lighting Market Target Audience
- Ambient lighting manufacturers
- Lighting source providers
- Original Equipment Manufacturers (OEM)
Company Profiles
- Hella KGaA Hueck & Co.
- Valeo S.A.
- Grupo Antolin
- Federal-Mogul LLC
- Koito Manufacturing Co., Ltd.
- Osram Licht AG
- General Electric
- Koninklijke Philips N.V.
- Robert Bosch GmbH
- Stanley Electric Co., Ltd.
- Zizala Lichtsysteme GmbH
- Dräxlmaier Group
Dashboard ambient lighting market to witness the highest growth”
The study segments the automotive ambient lighting market by application into the dashboard, doors, footwell, center console, and others. Of all these applications, the dashboard ambient lighting market is estimated to grow at the highest CAGR during the forecast period. With the increasing installation of ambient lighting and sale of premium cars, the market for dashboard ambient lighting is expected to grow at a fast pace.
To know about the assumptions considered for the study, download the pdf brochure
“E segment vehicles to be the largest segment of automotive ambient lighting market”
The study segments the automotive ambient lighting market, by vehicle segment, into C segment, D segment, E segment, and F segment. E segment cars are estimated to be the largest market for ambient lighting during the forecast period. The market growth of this vehicle segment can be attributed to the increasing production of passenger cars and increasing installation rate of ambient lighting in the low and mid-segment cars.
“Asia Oceania to be the largest automotive ambient lighting market”
Asia Oceania is considered as a production hub for the automotive industry, particularly for low and mid-segment cars. The region has created several opportunities for the ambient lighting manufacturers as well as suppliers. However, in a country like the US, there is a high demand for luxury cars that are equipped with ambient lighting. Moreover, the increase in the purchasing power of the population has driven the demand for automotive ambient lighting market.
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Read More: Automotive Ambient Lighting Market worth 5.30 Billion USD by 2022
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