Global Automotive Ambient Lighting Market – Industry Trends and Forecast to 2030

 Automotive Ambient Lighting Market Analysis and Size

The automotive sector is increasing massively in India, China, South Korea, and Japan, which accounted for more than 80% of the total vehicle manufacture and 50% of the global vehicle production in 2021. As a result of the growth and expansion of the automotive industry, the demand for the automotive ambient lighting increase rapidly.  The “LED” is expected to be the fastest growing technology segment during the forecast period because LED light consumes 50% less energy as compared to other to produce the same amount of light.

Data Bridge Market Research analyses that the automotive ambient lighting market is expected to reach USD 9935.34 million by 2030, which is USD 3633.10 million in 2022, at a CAGR of 13.40% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Automotive Ambient Lighting Market Scope and Segmentation

Market Definition

Automotive ambient lighting is a feature that mainly uses interior lights to improve the inside design of the automobile and maybe even soothing passenger and driver. This feature delivers the lightning on the basis of the safety and security, according to the driver's mood and the vehicle's interior appearance. These lights are used in numerous types of vehicles such as commercial vehicles, passenger vehicles and heavy commercial vehicles.

Automotive Ambient Lighting Market Dynamics

Drivers

• Increasing demand of automotive ambient lighting on the footwall

The usage of ambient lighting on the footwall usually improves the atmosphere, improves the visibility of products on a footwall, and these lights brakes at night and in emergencies. Automobile ambient illumination makes door latches highly visible and enabling speedy evacuation for passengers. Furthermore, it provides sufficient for both moving and stationary vehicles to identify an open door or a passenger getting out of a vehicle. Glove boxes, headliners, overhead consoles, and back seats or trunks are extra areas where ambient lighting is used in cars. Therefore, the increasing demand of automotive ambient lighting on the footwall is expected to drive the market growth.

• Surging usage of halogen technology in automotive ambient lighting

The halogen technology is anticipated to witness substantial demand and growth in automotive ambient lighting market during the forecast period. This will be owing to the ready access and low cost of this technology, which also enhances an aesthetic appeal to the automobile's interior. Moreover, because of their standard design, halogen lamps are easy to use and install, they also have a distinct feature, specifically the "plug-and-play" function. Thus, surging usage of halogen technology in automotive ambient lighting enhances the market growth.

 Opportunities

• Increasing focus on the generation of advanced display solutions

Numerous major market players in automotive ambient lighting market are concentrating on creating advanced and improved display solutions to fulfil the needs and gain new market prospects. For instance, Panasonic Corporation has announced that Mitsubishi Outlander had collaborated with the former’s automotive division to incorporate a large-screen windshield HUD into the upcoming SUV in May 2021. Panasonic's HUD uses molding techniques and lens design originally created for digital cameras and high-precision mirror.

Restraints

• Multiple issues associated with automotive ambient lighting

High costs of OE integration are a major factor restraining the market growth during the forecast period. Other factors such as indeterminate costs of raw materials will further upsurge associated prices and hence make it more appropriate to luxury cars. The requirement for increased power consumption and additional space are two major challenges for the automotive ambient lighting which will hamper the market growth.

This automotive ambient lighting market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive ambient lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In 2021, Hyundai Mobis technology named "lighting grille" technology was unveiled; it involves of an integrated LED lighting system that lightens the complete front grill of a vehicle. It can operate in a several situations, such as sound beat display, welcome light function, autonomous driving mode, EV charging mode and emergency warning light display.

Global Automotive Ambient Lighting Market Scope

The automotive ambient lighting market is segmented based on product type, technology, vehicle type, fuel type, passenger car and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Dashboard Lights
• Ambient Lighting
• Head-Up Display
• Reading Lights
• Others

 Technology

• Halogen
• LED
• Xenon

Vehicle Type

• Passenger Vehicles
• Commercial Vehicles
• Heavy Commercial Vehicles

Fuel Type

• Battery Electric Vehicle
• Hybrid Electric Vehicle
• Plug-in Hybrid Electric Vehicle

 Passenger Car

• C
• D
• E
• F

 Application     

• Center Console
• Dashboard
• Doors
• Footwall
• Others

 Automotive Ambient Lighting Market Regional Analysis/Insights

The automotive ambient lighting market is analyzed and market size insights and trends are provided by country, product type, technology, vehicle type, fuel type, passenger car and application as referenced above.

The countries covered in the automotive ambient lighting market report are report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the automotive ambient lighting market in revenue growth owing to strong presence of major market players coupled with rapidly growing manufacture of vehicles in this region.

North America is projected to be the fastest developing region during the forecast period of 2023-2030 due to premium cars, which are already prepared with ambient lighting in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Automotive ambient lighting Market Share Analysis

The automotive ambient lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive ambient lighting market.

Some of the major players operating in the automotive ambient lighting market are:

• Tenneco Inc. (U.S.)
• Koito Manufacturing Co., Ltd (Japan)
• Akzo Nobel N.V. (Netherlands)
• OSRAM GmbH (Germany)
• General Electric (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• Robert Bosch GmbH (Germany)
• Ashland Inc. (U.S.)
• PARKER HANNIFIN CORP (U.S.)
• Texas Instruments Incorporated. (U.S.)
• VALEO (France)
• Mercedes-Benz Group AG. (Germany)
• Ford Motor Company (U.S.)
• Franklin International (U.S.)
• HYUNDAI MOBIS (Sweden)
• Mapei S.p.A (Italy)

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