According to a market report by Lucintel, the future of the automotive ambient lighting market looks promising with opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The automotive ambient lighting market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are growing awareness on energy-efficient lighting systems and growing sales of luxury vehicles equipped with navigation and infotainment systems, and increasing installation of led lights in cars with an inclination towards comfort and safety features.
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Within the automotive ambient lighting market, dashboard, doors, footwell, center console, others are the major applications. Footwell is the largest application segment for the automotive ambient lighting market.
Passenger car is the major end use segment of the automotive ambient lighting market.
Asia Pacific will remain the largest region over the forecast period due to increasing vehicle production, and increasing demand for premium vehicles, which in turn, will result in high demand for ambient lighting systems.
Hella KGaA Hueck & Co, Valeo, Grupo Antolin, Chongqing Boao Industrial, Koito Manufacturing, Osram Licht, General Electric, Koninklijke Philips, Robert Bosch, Stanley Electric, Zizala Lichtsysteme, and Dräxlmaier Group are among the major manufacturers of automotive ambient lighting.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive ambient lighting market by application, by end use, by fuel type, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Ambient Lighting Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive ambient lighting market by application, by end use, by fuel type, and by region as follows:
By Application [$M shipment analysis for 2013 – 2024]
Dashboard
Doors
Footwell
Center console
Others
By End Use [$M shipment analysis for 2013 – 2024]
Passenger Car
Small cars
Compact cars
Mid-Sized cars
Luxury cars
SUVs & Crossovers
Light Commercial Vehicles
Heavy Commercial Vehicles
By Fuel Type [$M shipment analysis for 2013 – 2024]
Internal Combustion Engine Vehicles (ICE)
Battery Electric Vehicles (BEV)
Hybrid Electric Vehicles (HEV)
By Region [$M shipment analysis for 2013 – 2024]
North America
Europe
Germany
Russia
France
United Kingdom
Italy
Asia Pacific
Japan
India
South Korea
Indonesia
Turkey
China
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-ambient-lighting-market.aspx or helpdesk@lucintel.com.
About Lucintel
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