The global automotive interior ambient lighting market size is expected to reach USD 3.38 billion by 2030, expanding at a CAGR of 11.3% from 2024 to 2030. The adoption of ambient lighting in automobiles is expected to increase due to rising awareness of energy-efficient lighting systems and growing sales of luxury vehicles equipped with navigation and infotainment systems.
Rising demand for conventional and green cars in the automotive industry is driving the growth of the automotive interior ambient lighting market. Automotive interior lighting positively influences space perception, internal appearance of vehicles, safety and comfort, and alerting and mood lighting depending on a driver’s mood. For instance, automotive interior lighting decreases a driver’s fatigue while driving at night and illuminates passenger compartment for reading. These benefits are expected to drive market growth. However, high costs of OE integration are expected to hinder the market over the forecast period.
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Rising demand for conventional and green cars in the automotive industry is driving the growth of the automotive interior ambient lighting market. Automotive interior lighting positively influences space perception, internal appearance of vehicles, safety and comfort, and alerting and mood lighting depending on a driver’s mood. For instance, automotive interior lighting decreases a driver’s fatigue while driving at night and illuminates passenger compartment for reading. These benefits are expected to drive market growth. However, high costs of OE integration are expected to hinder the market over the forecast period.
Automotive Interior Ambient Lighting Market Report Highlights
- The automotive interior ambient lighting market is expected to register a CAGR of 11.3% over the forecast period.
- By vehicle type, the green cars segment is anticipated to register the fastest CAGR over the forecast period.
- The footwell segment dominated the market and accounted for a market revenue share of 61.9% in 2023. The dashboard segment is expected to register the fastest CAGR during the forecast period.
- Currently, North America is leading the market. However, Asia Pacific region accounted for the largest revenue share of 64.5% in 2023. This can be attributed to early adoption of the technology and growing sales of ultra-luxury vehicles in Asian countries such as India, China, and Japan.
- Prominent players in the market include VALEO SERVICE, Hella KGaA Hueck & Co., OSRAM GmbH, DRÄXLMAIER Group, LSI Industries and Antolin.
The leading players in the Automotive Interior Ambient Lighting market include:
- VALEO SERVICE
- HELLA GmbH & Co. KGaA
- OSRAM GmbH
- LSI Industries
- EVERLIGHT ELECTRONICS CO., LTD.
- TOSHIBA CORPORATION
- DRÄXLMAIER Group
- Oshino Lamps America Ltd
- Innotec
- Antolin
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Automotive Interior Ambient Lighting Market Variables, Trends, & Scope
Chapter 4. Automotive Interior Ambient Lighting Market: Application Estimates & Trend Analysis
Chapter 5. Automotive Interior Ambient Lighting Market: Vehicle Estimates & Trend Analysis
Chapter 6. Automotive Interior Ambient Lighting Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
The leading players in the Automotive Interior Ambient Lighting market include:- VALEO SERVICE
- HELLA GmbH & Co. KGaA
- OSRAM GmbH
- LSI Industries
- EVERLIGHT ELECTRONICS CO., LTD.
- TOSHIBA CORPORATION
- DRÄXLMAIER Group
- Oshino Lamps America Ltd
- Innotec
- Antolin
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.64 Billion |
| Forecasted Market Value ( USD | $ 3.38 Billion |
| Compound Annual Growth Rate | 11.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
