The global automotive ambient lighting market size reached US$ 1.00 billion in 2023. Looking forward, the market is projected to reach US$ 1.93 billion by 2032, exhibiting a growth rate (CAGR) of 7.49% during 2023-2032.
Automotive ambient lighting refers to a basic illumination system that is installed to enhance the internal and external aesthetic appeal of the vehicle. At present, it is commercially available in varying types, including heading-up, display, reading, trunk, dome, and keyhole lighting. They aid in ensuring greater visibility of dashboards, making automobiles appear spacious, improving the concentration of the driver, and changing illumination based on security requirements, while offering flexibility and reliability. On account of these properties, they are typically employed in passenger, commercial, and heavy commercial automobiles.
Due to the increasing vehicle connectivity, ambient lighting can act as an essential functional feature, wherein it communicates with the vehicle to adjust controls and provides programmable lighting options incorporated with interactive technology. This, in turn, is contributing to the market growth. Moreover, the widespread adoption of automotive ambient lighting as an integrated security feature rather than a cosmetic tool is also propelling the market growth.
These lighting systems assist in providing illumination during nighttime to ensure security, easy visualization of the control panel, and proper functionality while offering convenience to the driver. Other factors, such as the rising trend of customization and strategic collaborations amongst key players to develop a wide variety of ambient lighting fulfilling individual requirements and applications are creating a positive outlook for the market.
2. What is the expected growth rate of the global automotive ambient lighting market during 2024-2032?
3. What are the key factors driving the global automotive ambient lighting market?
4. What has been the impact of COVID-19 on the global automotive ambient lighting market?
5. What are the key regions in the global automotive ambient lighting market?
6. Who are the key players/companies in the global automotive ambient lighting market?
Automotive ambient lighting refers to a basic illumination system that is installed to enhance the internal and external aesthetic appeal of the vehicle. At present, it is commercially available in varying types, including heading-up, display, reading, trunk, dome, and keyhole lighting. They aid in ensuring greater visibility of dashboards, making automobiles appear spacious, improving the concentration of the driver, and changing illumination based on security requirements, while offering flexibility and reliability. On account of these properties, they are typically employed in passenger, commercial, and heavy commercial automobiles.
Automotive Ambient Lighting Market Trends
With the significant expansion in the automotive sector, there has been increasing demand for luxury and comfort in passenger vehicles. This can be attributed to the improving economic conditions, rapid urbanization, rising disposable incomes, and evolving preferences, particularly in developing region, which represents the key factor primarily driving the automotive ambient lighting market growth. In line with this, significant technological advancements, such as the introduction of energy-efficient halogen, xenon, organic light-emitting diode (OLED), and Light-emitting diode (LED) is acting as another growth-inducing factor.Due to the increasing vehicle connectivity, ambient lighting can act as an essential functional feature, wherein it communicates with the vehicle to adjust controls and provides programmable lighting options incorporated with interactive technology. This, in turn, is contributing to the market growth. Moreover, the widespread adoption of automotive ambient lighting as an integrated security feature rather than a cosmetic tool is also propelling the market growth.
These lighting systems assist in providing illumination during nighttime to ensure security, easy visualization of the control panel, and proper functionality while offering convenience to the driver. Other factors, such as the rising trend of customization and strategic collaborations amongst key players to develop a wide variety of ambient lighting fulfilling individual requirements and applications are creating a positive outlook for the market.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global automotive ambient lighting market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on technology, product type, vehicle type, fuel type, and sales channel.Breakup by Technology:
- LED
- Halogen
- Xenon
Breakup by Product Type:
- Dashboard Lights
- Ambient Lighting
- Head-Up Display
- Reading Lights
- Others
Breakup by Vehicle Type:
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Breakup by Fuel Type:
- Electric Vehicles
- Internal Combustion Engine Vehicles (ICE)
Breakup by Sales Channel:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being ams-OSRAM AG, Dräxlmaier Group, General Electric Company, Grupo Antolin, HELLA GmbH & Co. KGaA (Faurecia SE), Koito Manufacturing Co. Ltd., Koninklijke Philips N.V., Marelli Holdings Co. Ltd, Robert Bosch GmbH, Stanley Electric Co. Ltd. and Valeo.Key Questions Answered in This Report
1. What was the size of the global automotive ambient lighting market in 2023?2. What is the expected growth rate of the global automotive ambient lighting market during 2024-2032?
3. What are the key factors driving the global automotive ambient lighting market?
4. What has been the impact of COVID-19 on the global automotive ambient lighting market?
5. What are the key regions in the global automotive ambient lighting market?
6. Who are the key players/companies in the global automotive ambient lighting market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Automotive Ambient Lighting Market
6 Market Breakup by Technology
7 Market Breakup by Product Type
8 Market Breakup by Vehicle Type
9 Market Breakup by Fuel Type
10 Market Breakup by Sales Channel
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- ams-OSRAM AG
- Dräxlmaier Group
- General Electric Company
- Grupo Antolin
- HELLA GmbH & Co. KGaA (Faurecia SE)
- Koito Manufacturing Co. Ltd.
- Koninklijke Philips N.V.
- Marelli Holdings Co. Ltd
- Robert Bosch GmbH
- Stanley Electric Co. Ltd.
- Valeo
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 137 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 1 Billion |
| Forecasted Market Value ( USD | $ 1.93 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
