The automotive ambient lighting market size has grown strongly in recent years. It will grow from $3.92 billion in 2023 to $4.3 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth observed in the historical period can be attributed to the growth of the luxury car segment, an increasing focus on interior aesthetics, rising disposable income, a growing trend of night driving, and consumer preference for customization.
The automotive ambient lighting market size is expected to see strong growth in the next few years. It will grow to $6.17 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. Projected growth is driven by vehicle electrification, the shift to autonomous vehicles, the rise of shared mobility, global automotive market expansion, and increased urbanization. Key trends include dynamic ambient lighting, integration of health and well-being features, AR/VR integration, ultra-thin lighting design, and the introduction of subscription-based lighting packages.
The automotive lighting market is expected to experience growth, driven by the increasing sales of high-end luxury cars. High-end luxury cars are characterized by their premium interiors and a plethora of features that set them apart from standard vehicles. The surge in demand for these luxury cars has led to the incorporation of innovative and technologically advanced ambient lighting systems, enhancing the safety and security features of these vehicles. As an illustration, a sales report published in January 2022 by the Germany-based luxury vehicles company, Mercedes-Benz, revealed a significant milestone in the sales of their plug-in hybrid and electric passenger cars. The report indicated a record-high delivery of 227,458 units, marking a remarkable increase of 69.3 percent. Furthermore, the report highlighted the growing popularity of Mercedes-EQ battery electric passenger cars, with a notable surge of 154.8 percent, totaling 48,936 units in 2021. The escalating demand for luxury vehicles is poised to drive the automotive ambient lighting market as these high-end cars increasingly leverage advanced lighting technologies.
The increasing demand for electric vehicles is poised to drive growth in the automotive lighting market. Electric vehicles, which rely on electrical energy stored in batteries or other energy storage devices to power electric motors, prominently feature automotive lighting. Advanced lighting technologies play a crucial role in enhancing safety, aesthetics, and overall appeal, contributing to the broader acceptance of electric mobility. As of September 2022, data from the International Energy Agency, an autonomous intergovernmental organization based in France, indicates a significant surge in electric vehicle sales. The sales of electric vehicles nearly doubled to 6.6 million in 2021 compared to the previous year, resulting in a total of 16.5 million electric vehicles on the road. This growing demand for electric vehicles is expected to have a positive impact on the automotive ambient lighting market as electric mobility becomes increasingly popular.
Technological advancements have become a prominent trend gaining traction in the automotive ambient lighting market. Leading automotive lighting companies are actively introducing cutting-edge lighting technologies to solidify their positions in the market. A case in point is Hella KGaA Hueck & Co., a Germany-based manufacturer of lighting, electronic components, and systems. In May 2022, the company launched an innovative combination of lighting solutions and sensor technology that adds intelligence to vehicles, enhancing comfort, well-being, and safety. The newly introduced smart HELLA Slim Light System not only supports communication between vehicle occupants but also sets the tone for the interior through wide-area lighting, showcasing the integration of advanced technologies in the automotive ambient lighting sector.
Major companies in the automotive lighting market are strategically focusing on product launches, particularly in the realm of microLED technology, catering to a broader range of vehicles. MicroLED in automotive lighting denotes a cutting-edge technology that utilizes miniature light-emitting diodes to deliver advanced functionalities, including dynamic adaptive lighting, high-resolution illumination, and enhanced safety features in vehicles. As an illustrative example, in July 2023, Marelli Holdings, a Japan-based company specializing in the design and manufacturing of automotive components, unveiled the h-Digi microLED - a groundbreaking innovation in automotive front lighting that introduces a digital lighting solution. The h-Digi microLED features intelligent multipixel LEDs, matrix illumination, affordability, and the EVIYOS 2.0 light source. This innovation marks a significant advancement in automotive lighting by providing fully adaptive and dynamic headlight operation, high-resolution options tailored for diverse driving conditions, and safety-focused features such as glare-free high-beam block-out zones. Marelli's h-Digi microLED contributes substantially to the evolution of the automotive lighting market, showcasing the industry's commitment to leveraging state-of-the-art technologies for enhanced performance and safety in vehicles.
In January 2022, Faurecia, a leading French-based automotive parts manufacturer, completed the acquisition of Hella GmbH & Co. KGaA for a total of $5.64 billion (EUR 5.3 billion). This strategic move is geared towards augmenting Faurecia's capabilities and expanding its portfolio within the automotive ambient lighting products and services sector. Hella GmbH & Co. KGaA, based in Germany, is a prominent manufacturer specializing in lighting and electronic components for the automotive industry.
Major companies operating in the automotive ambient lighting market report are Robert Bosch GmbH, General Electric Company, Panasonic Corporation, Continental AG, Magna International Inc., Flex Ltd., Valeo SA, Lear Corporation, Texas Instruments Incorporated, Koninklijke Philips NV, Tenneco Inc., Parker Hannifin Corporation, Dräxlmaier Group, Koito Manufacturing Company Limited, Osram Licht AG, Gentex Corporation, ZKW Group GmbH, Varroc Lighting Systems SP Z.o.o, Stanley Electric Company Limited, Trilux GmbH & Co. KG, LSI Industries Inc., Innotec Group, Lumileds Holding B.V., Magneti Marelli SpA, Diode Dynamics LLC, Ambright GmbH, Oshino Lamps Limited, Pianfei Solano company, EFI Lighting SAS, Hella KGaA Hueck & Co., CML Innovative Technologies Ltd., Dominant Opto Technologies Sdn. Bhd., Grote Industries LLC, J.W. Speaker Corporation, Lite-On Technology Corporation, NXP Semiconductors N.V.
Asia-Pacific was the largest region in the automotive ambient lighting market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive ambient lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive ambient lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary products within automotive ambient lighting comprise dashboard lights, ambient lighting, head-up displays, and reading lights. Dashboard lights serve the purpose of illuminating a vehicle's dashboard. These lights incorporate various technologies such as halogen, LED, and xenon, catering to passenger vehicles, commercial vehicles, and heavy commercial vehicles alike.
The automotive ambient lighting market research report is one of a series of new reports that provides automotive ambient lighting market statistics, including automotive ambient lighting industry global market size, regional shares, competitors with an automotive ambient lighting market share, detailed automotive ambient lighting market segments, market trends and opportunities, and any further data you may need to thrive in the automotive ambient lighting industry. This automotive ambient lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automotive ambient lighting market consists of sales of footwell lights, door lights, and center console lights. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive ambient lighting market size is expected to see strong growth in the next few years. It will grow to $6.17 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. Projected growth is driven by vehicle electrification, the shift to autonomous vehicles, the rise of shared mobility, global automotive market expansion, and increased urbanization. Key trends include dynamic ambient lighting, integration of health and well-being features, AR/VR integration, ultra-thin lighting design, and the introduction of subscription-based lighting packages.
The automotive lighting market is expected to experience growth, driven by the increasing sales of high-end luxury cars. High-end luxury cars are characterized by their premium interiors and a plethora of features that set them apart from standard vehicles. The surge in demand for these luxury cars has led to the incorporation of innovative and technologically advanced ambient lighting systems, enhancing the safety and security features of these vehicles. As an illustration, a sales report published in January 2022 by the Germany-based luxury vehicles company, Mercedes-Benz, revealed a significant milestone in the sales of their plug-in hybrid and electric passenger cars. The report indicated a record-high delivery of 227,458 units, marking a remarkable increase of 69.3 percent. Furthermore, the report highlighted the growing popularity of Mercedes-EQ battery electric passenger cars, with a notable surge of 154.8 percent, totaling 48,936 units in 2021. The escalating demand for luxury vehicles is poised to drive the automotive ambient lighting market as these high-end cars increasingly leverage advanced lighting technologies.
The increasing demand for electric vehicles is poised to drive growth in the automotive lighting market. Electric vehicles, which rely on electrical energy stored in batteries or other energy storage devices to power electric motors, prominently feature automotive lighting. Advanced lighting technologies play a crucial role in enhancing safety, aesthetics, and overall appeal, contributing to the broader acceptance of electric mobility. As of September 2022, data from the International Energy Agency, an autonomous intergovernmental organization based in France, indicates a significant surge in electric vehicle sales. The sales of electric vehicles nearly doubled to 6.6 million in 2021 compared to the previous year, resulting in a total of 16.5 million electric vehicles on the road. This growing demand for electric vehicles is expected to have a positive impact on the automotive ambient lighting market as electric mobility becomes increasingly popular.
Technological advancements have become a prominent trend gaining traction in the automotive ambient lighting market. Leading automotive lighting companies are actively introducing cutting-edge lighting technologies to solidify their positions in the market. A case in point is Hella KGaA Hueck & Co., a Germany-based manufacturer of lighting, electronic components, and systems. In May 2022, the company launched an innovative combination of lighting solutions and sensor technology that adds intelligence to vehicles, enhancing comfort, well-being, and safety. The newly introduced smart HELLA Slim Light System not only supports communication between vehicle occupants but also sets the tone for the interior through wide-area lighting, showcasing the integration of advanced technologies in the automotive ambient lighting sector.
Major companies in the automotive lighting market are strategically focusing on product launches, particularly in the realm of microLED technology, catering to a broader range of vehicles. MicroLED in automotive lighting denotes a cutting-edge technology that utilizes miniature light-emitting diodes to deliver advanced functionalities, including dynamic adaptive lighting, high-resolution illumination, and enhanced safety features in vehicles. As an illustrative example, in July 2023, Marelli Holdings, a Japan-based company specializing in the design and manufacturing of automotive components, unveiled the h-Digi microLED - a groundbreaking innovation in automotive front lighting that introduces a digital lighting solution. The h-Digi microLED features intelligent multipixel LEDs, matrix illumination, affordability, and the EVIYOS 2.0 light source. This innovation marks a significant advancement in automotive lighting by providing fully adaptive and dynamic headlight operation, high-resolution options tailored for diverse driving conditions, and safety-focused features such as glare-free high-beam block-out zones. Marelli's h-Digi microLED contributes substantially to the evolution of the automotive lighting market, showcasing the industry's commitment to leveraging state-of-the-art technologies for enhanced performance and safety in vehicles.
In January 2022, Faurecia, a leading French-based automotive parts manufacturer, completed the acquisition of Hella GmbH & Co. KGaA for a total of $5.64 billion (EUR 5.3 billion). This strategic move is geared towards augmenting Faurecia's capabilities and expanding its portfolio within the automotive ambient lighting products and services sector. Hella GmbH & Co. KGaA, based in Germany, is a prominent manufacturer specializing in lighting and electronic components for the automotive industry.
Major companies operating in the automotive ambient lighting market report are Robert Bosch GmbH, General Electric Company, Panasonic Corporation, Continental AG, Magna International Inc., Flex Ltd., Valeo SA, Lear Corporation, Texas Instruments Incorporated, Koninklijke Philips NV, Tenneco Inc., Parker Hannifin Corporation, Dräxlmaier Group, Koito Manufacturing Company Limited, Osram Licht AG, Gentex Corporation, ZKW Group GmbH, Varroc Lighting Systems SP Z.o.o, Stanley Electric Company Limited, Trilux GmbH & Co. KG, LSI Industries Inc., Innotec Group, Lumileds Holding B.V., Magneti Marelli SpA, Diode Dynamics LLC, Ambright GmbH, Oshino Lamps Limited, Pianfei Solano company, EFI Lighting SAS, Hella KGaA Hueck & Co., CML Innovative Technologies Ltd., Dominant Opto Technologies Sdn. Bhd., Grote Industries LLC, J.W. Speaker Corporation, Lite-On Technology Corporation, NXP Semiconductors N.V.
Asia-Pacific was the largest region in the automotive ambient lighting market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive ambient lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive ambient lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary products within automotive ambient lighting comprise dashboard lights, ambient lighting, head-up displays, and reading lights. Dashboard lights serve the purpose of illuminating a vehicle's dashboard. These lights incorporate various technologies such as halogen, LED, and xenon, catering to passenger vehicles, commercial vehicles, and heavy commercial vehicles alike.
The automotive ambient lighting market research report is one of a series of new reports that provides automotive ambient lighting market statistics, including automotive ambient lighting industry global market size, regional shares, competitors with an automotive ambient lighting market share, detailed automotive ambient lighting market segments, market trends and opportunities, and any further data you may need to thrive in the automotive ambient lighting industry. This automotive ambient lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automotive ambient lighting market consists of sales of footwell lights, door lights, and center console lights. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Ambient Lighting Market Characteristics3. Automotive Ambient Lighting Market Trends and Strategies32. Global Automotive Ambient Lighting Market Competitive Benchmarking33. Global Automotive Ambient Lighting Market Competitive Dashboard34. Key Mergers and Acquisitions in the Automotive Ambient Lighting Market
4. Automotive Ambient Lighting Market - Macro Economic Scenario
5. Global Automotive Ambient Lighting Market Size and Growth
6. Automotive Ambient Lighting Market Segmentation
7. Automotive Ambient Lighting Market Regional and Country Analysis
8. Asia-Pacific Automotive Ambient Lighting Market
9. China Automotive Ambient Lighting Market
10. India Automotive Ambient Lighting Market
11. Japan Automotive Ambient Lighting Market
12. Australia Automotive Ambient Lighting Market
13. Indonesia Automotive Ambient Lighting Market
14. South Korea Automotive Ambient Lighting Market
15. Western Europe Automotive Ambient Lighting Market
16. UK Automotive Ambient Lighting Market
17. Germany Automotive Ambient Lighting Market
18. France Automotive Ambient Lighting Market
19. Italy Automotive Ambient Lighting Market
20. Spain Automotive Ambient Lighting Market
21. Eastern Europe Automotive Ambient Lighting Market
22. Russia Automotive Ambient Lighting Market
23. North America Automotive Ambient Lighting Market
24. USA Automotive Ambient Lighting Market
25. Canada Automotive Ambient Lighting Market
26. South America Automotive Ambient Lighting Market
27. Brazil Automotive Ambient Lighting Market
28. Middle East Automotive Ambient Lighting Market
29. Africa Automotive Ambient Lighting Market
30. Automotive Ambient Lighting Market Competitive Landscape and Company Profiles
31. Automotive Ambient Lighting Market Other Major and Innovative Companies
35. Automotive Ambient Lighting Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Automotive Ambient Lighting Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive ambient lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Measure the impact of high global inflation on market growth.
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for automotive ambient lighting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product: Dashboard Lights; Ambient Lighting; Head-up Display; Reading Lights
2) By Technology: Halogen; LED; Xenon
3) By Vehicle Type: Passenger Vehicles; Commercial Vehicles; Heavy Commercial Vehicles
Key Companies Mentioned: Robert Bosch GmbH; General Electric Company; Panasonic Corporation; Continental AG; Magna International Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Robert Bosch GmbH
- General Electric Company
- Panasonic Corporation
- Continental AG
- Magna International Inc.
- Flex Ltd.
- Valeo SA
- Lear Corporation
- Texas Instruments Incorporated
- Koninklijke Philips NV
- Tenneco Inc.
- Parker Hannifin Corporation
- Dräxlmaier Group
- Koito Manufacturing Company Limited
- Osram Licht AG
- Gentex Corporation
- ZKW Group GmbH
- Varroc Lighting Systems SP Z.o.o
- Stanley Electric Company Limited
- Trilux GmbH & Co. KG
- LSI Industries Inc.
- Innotec Group
- Lumileds Holding B.V.
- Magneti Marelli SpA
- Diode Dynamics LLC
- Ambright GmbH
- Oshino Lamps Limited
- Pianfei Solano company
- EFI Lighting SAS
- Hella KGaA Hueck & Co.
- CML Innovative Technologies Ltd.
- Dominant Opto Technologies Sdn. Bhd.
- Grote Industries LLC
- J.W. Speaker Corporation
- Lite-On Technology Corporation
- NXP Semiconductors N.V.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 4.3 Billion |
Forecasted Market Value ( USD | $ 6.17 Billion |
Compound Annual Growth Rate | 9.4% |
Regions Covered | Global |
No. of Companies Mentioned | 36 |