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Automotive Ambient Lighting Market 2022-2027: Industry Overview, Trends, Growth and Forecast Analysis

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Automotive Ambient Lighting Market 2022-2027: Industry Overview, Trends, Growth and Forecast Analysis

September 03
00:09 2022
Automotive Ambient Lighting Market 2022-2027: Industry Overview, Trends, Growth and Forecast Analysis
automotive ambient lighting size 2022-2027
The global automotive ambient lighting market size reached US$ 852.3 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,406.73 Million by 2027 exhibiting a CAGR of 8.50% during 2022-2027

Automotive Ambient Lighting Market Overview

The latest research study “Automotive Ambient Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global automotive ambient lighting market size reached US$ 852.3 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,406.73 Million by 2027 exhibiting a growth rate (CAGR) of 8.50% during 2022-2027.

Automotive ambient lighting represents the basic illumination system that is installed to enhance the external and internal aesthetic appeal of the vehicle. It is commercially available in various types, such as display, reading, heading-up, trunk, dome, keyhole, etc. Automotive ambient lighting aids in making cars appear spacious, ensuring greater visibility of dashboards, improving the concentration of the driver, changing illumination based on security requirements, offering flexibility and reliability, etc. As a result, this system finds extensive applications in passenger, commercial, and heavy automobiles.

Covid-19 Impact Analysis:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a PDF Sample Copy for more detailed market insights: https://www.imarcgroup.com/automotive-ambient-lighting-market/requestsample

Automotive Ambient Lighting Market Trends and Drivers: 

The escalating demand for luxury and comfort in passenger cars is among the primary factors driving the automotive ambient lighting market. In line with this, the improving economic conditions, rising disposable incomes, and evolving preferences, especially in the developing regions, are further augmenting the market growth.

Besides this, the elevating requirement for automotive ambient lighting as an essential functional feature that provides programmable options and communicates with the vehicle to adjust controls is also catalyzing the global market. Moreover, the increasing need for this system as an integrated security feature rather than a cosmetic tool to offer illumination during night-time to ensure easy visualization of the control panel, security, and proper functionality while delivering convenience to the driver is acting as another significant growth-inducing factor.

 Furthermore, the introduction of energy-efficient halogen, xenon, organic light-emitting diode (OLED), and Light-emitting diode (LED) is expected to bolster the automotive ambient lighting market in the coming years.  

Automotive Ambient Lighting Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 852.3 Million

Market forecast in 2027

US$ 1,406.73 Million

Growth Rate

CAGR of 8.50% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Technology, Product Type, Vehicle Type, Fuel Type and Sales Channel

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Key companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Report Segmentation:

The report has been segmented the market into following categories:

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

By Geography:

  • 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

 Ask Analyst for customized Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-ambient-lighting-market

List of Major Key Players:

  • Airway Management Inc.
  • Apnea Sciences Corporation
  • Fisher & Paykel Healthcare Corporation Limited
  • Koninklijke Philips N.V. (NYSE: PHG)
  • MEDiTAS Ltd.
  • Medtronic plc (NYSE: MDT)
  • Mitsui Chemicals Inc. (OTCMKTS: MITUY)
  • ResMed Inc.
  • Rotech Healthcare Inc.
  • SomnoMed (ASX: SOM)
  • The Pure Sleep Company
  • Tomed GmbH.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

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