Automotive ambient lighting Market Size, Regional Outlook, Forecast & Research Report 2022


Posted January 10, 2019 by AaronSmithh

The 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.

 
The report "Automotive Ambient Lighting Market by Electric & Hybrid (BEV, HEV, PHEV), Application (Footwall, Door, Dashboard, Center Console), Vehicle Segment (C, D, E, and F), Aftermarket (Country and Application (Interior and Exterior)) - Global Forecast to 2022", The Automotive Ambient Lighting Market is estimated to grow at a CAGR of 14.41% from 2017 to 2022. It is projected to reach USD 5.30 Billion by 2022 from an estimated USD 2.71 Billion in 2017. The automotive ambient lighting market is driven by the increasing vehicle production, rising installation rate of ambient lighting, and growing demand for luxury vehicles.

Browse 89 Market Data Tables and 39 Figures spread through 138 Pages and in-depth TOC on "Automotive Ambient Lighting Market.

“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.

Objectives of the Study:

To define and segment the automotive ambient lighting 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
Target Audience

Ambient lighting manufacturers
Lighting source providers
Original Equipment Manufacturers (OEM)
Early buyers will receive 10% customization on reports.

“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.download the pdf brochure

“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.

The major companies in the automotive ambient lighting market are profiled in the study. These include HELLA KGaA Hueck & Co. (Germany), OSRAM Licht AG (Germany), Grupo Antolin (Spain), Federal-Mogul LLC (US), Koito Manufacturing Co., Ltd. (Japan), Robert Bosch GmbH (Germany), GENERAL ELECTRIC (US), Valeo S.A. (France), and Stanley Electric Co., Ltd. (Japan).

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Issued By market and markets
Phone +1-888-600-6441
Business Address MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA
Northbrook, IL 60062
Country United States
Categories Automotive , Business , Research
Tags ambient lighting , automotive ambient lighting market , automotive ambient lighting market growth , car ambient lighting
Last Updated January 10, 2019