Global Automotive Interior Ambient Lighting Market Growth 2023-2029

Global Automotive Interior Ambient Lighting Market Growth 2023-2029

Ambient lighting refers less to instrument panel lighting than to the indirect interior illumination that gives the driver a sense of orientation and spaciousness as well as feelings of safety, comfort, and even a sense of pride in value. Ambient lighting delivers an emotional atmosphere and, according to carmakers, ties together exterior and interior lighting conditions for the driver for decreased levels of driving fatigue.

Ambient lighting is now incorporated into innovative turn- and brake-lighting applications, backlit displays, occupancy detection, night vision, and more.

Ambient interior lighting can be adjusted to the point of becoming a fashion statement; primarily only in high-end vehicles from Audi, Cadillac, Infiniti, Jaguar, Mercedes-Benz, and BMW. However, this technology continues to work its way down the chain to lower-cost models, albeit slowly.

LPI (LP Information)' newest research report, the “Automotive Interior Ambient Lighting Industry Forecast” looks at past sales and reviews total world Automotive Interior Ambient Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Interior Ambient Lighting sales for 2023 through 2029. With Automotive Interior Ambient Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Interior Ambient Lighting industry.

This Insight Report provides a comprehensive analysis of the global Automotive Interior Ambient Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Interior Ambient Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Interior Ambient Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Interior Ambient Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Interior Ambient Lighting.

The global Automotive Interior Ambient Lighting market size is projected to grow from US$ 3191.4 million in 2022 to US$ 4790.8 million in 2029; it is expected to grow at a CAGR of 4790.8 from 2023 to 2029.

North America held the largest market share in 2016 and is expected to witness moderate growth over the forecast period. This growth can be attributed to increasing luxury vehicle sales in the region, as well as incorporation of ambient lighting in all mid-segment and premium vehicles. Countries in the region are focusing more on introducing safety features in vehicles. For instance, Mexico passed a vehicle safety standard known as Mexican Official–Safety Devices in New Vehicles–Safety Specifications in January 2016 and section 4 of these specifications mandates lighting incorporation in vehicle interiors. Presence of major luxury vehicle manufacturers such as BMW, Audi, Mercedes Benz, and Volkswagen Group will fuel market growth in the region.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Interior Ambient Lighting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
LED Ambient Lighting Control Module (ALCM)
OLED and Laser
Xenon Lighting

Segmentation by application
Dashboard
Footwell
Doors
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hella
Koito
GE Lighting
Magneti Marelli
Valeo
ZIZALA Lichtsysteme
Ichikoh Industries
Stanley Electric
SMR
OSRAM
TE
Grupo Antolin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Interior Ambient Lighting market?

What factors are driving Automotive Interior Ambient Lighting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Interior Ambient Lighting market opportunities vary by end market size?

How does Automotive Interior Ambient Lighting break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.