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.
The North America market is projected to expand at a CAGR of 5.4% over
the forecast period. Prominent vendors in the market include OSRAM GmBH, Hella
KGaA Hueck & Co., SCHOTT AG, DRÄXLMAIER Group, and Grupo
Antolin.
Full research report on automotive interior ambient
lighting market analysis: https://www.grandviewresearch.com/industry-analysis/automotive-interior-ambient-lighting-market
Further key findings from the study suggest:
·
The automotive interior ambient lighting
market is expected to register a CAGR of 7.2% over the forecast period
·
By vehicle type, the green cars segment is
estimated to generate a revenue of USD 562.8 million by 2025
·
The footwell application segment generated
the highest revenue of USD 1.46 billion in 2016. The dashboard application
segment, on the other hand, is projected to exhibit the highest CAGR of 8.5%
over the forecast period
·
Currently, North America is leading the
market. However, Asia Pacific is expected to dominate the market by 2025 with
the highest CAGR of 11.1% over the forecast period. 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
OSRAM GmBH, Hella KGaA Hueck & Co., SCHOTT AG, DRÄXLMAIER Group, and Grupo
Antolin.
View more reports
of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the global automotive interior ambient
lighting market based on application, vehicle type, and region:
Automotive Interior
Ambient Lighting Application Outlook (Revenue, USD Million, 2014 - 2025)
·
Dashboard
·
Footwell
·
Doors
·
Others
Automotive Interior
Ambient Lighting Vehicle Type Outlook (Revenue, USD Million, 2014 - 2025)
·
Conventional cars
·
Green cars
Automotive Interior
Ambient Lighting Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o U.S.
o Mexico
o Canada
·
Europe
o U.K.
o Germany
·
Asia Pacific
o India
o China
o Japan
·
South America
o Brazil
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-automotive-interior-ambient-lighting-market
https://www.grandviewresearch.com/press-release/global-automotive-interior-ambient-lighting-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.