Press release
Automotive Interior LED Lighting Market : Expansion Strategies Set to Generate Substantial Revenue in the Near Future | Key Players - Hella KGaA Hueck & Co., Osram Licht AG, Magneti Marelli S.p.A., Koito Manufacturing Co., Stanley Electric, Koninklijke Ph
Get Sample of this research report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=185
Growing popularity of compact cars in APEJ and Europe will contribute significantly to the automotive interior LED lighting market, accounting for approximately one-third of the total revenue share. Moreover, mid-segment vehicles would present notable growth opportunities as opposed to premium vehicles over the forecast period, predicts Fact.MR. The study also records increased adoption in mid and low-segment vehicles owing to better efficiency and longer lifetime for interior lighting, further resulting in marginal contribution from premium vehicles to the global automotive interior LED lighting market.
With revenue share close to 2/3rd, 12V automotive interior LED lighting is poised to remain the most preferred LED type in terms Volts throughout the assessment period, low electromagnetic radiation and wide operating temperature and diming range. The 12V segment is anticipated to present a market opportunity of approximately US$ 440 million through 2022, forecasts Fact.MR.
Observing product-wise application of the automotive interior LED lighting, dashboard lighting is projected to hold nearly one-third of the total revenue share, considering dashboards and center consoles are key touch points the driver makes any contact with. Research suggests that more and more automotive giants are focusing on bringing design changes to dashboard lighting in the automotive interior LED lighting market including innovations in brightness of LED backlights to complement natural lighting during day and night. A US$ 210 million opportunity for key stakeholders, dashboard lighting is predicted to remain an attractive area of investment. Predicted to record a CAGR of 3.8% through 2022, adoption of automotive interior LED for ambient lighting will witness increased traction-more so in the compact cars segment to make the vehicles look more attractive to the customers. Owing to increasing demand for situational awareness and safety, head-up display lighting would present a US$ 6 million opportunity-mostly in the high end premium and luxury vehicles segment, predicts Fact.MR.
Browse More Information about this Report @ https://www.factmr.com/report/185/automotive-interior-led-lighting-market
In terms of sales channel, the aftermarket channel is predicted to dominate the automotive interior LED lighting market, considering marginal OEM installations at the manufacturing level. Moreover, since the interior LED lighting was previously reserved for only premium and luxury car segments, growing demand for compact and mid-segment vehicles has placed the aftermarket sales of interior LED lighting on an upward growth trajectory over the projection year, with more and more customers opting for fitments and customizations after buying the vehicle.
The report on global automotive interior LED lighting market provides detailed company profiles of 10 leading players with a detailed company overview along with a detailed analysis of their product list, sales data, key financials and developments, and SWOT study. While strategic partnerships would remain the key forward market strategy in an effort to enhance the product offerings, key players are also likely to invest in various research and development activities and optimize the power of digital technologies to equip passengers and drivers with smarter in-car choices. Key players profiled in the report on global automotive interior LED lighting market include Hella KGaA Hueck & Co., Osram Licht AG, Magneti Marelli S.p.A., Koito Manufacturing Co., Ltd., Stanley Electric, Koninklijke Philips N.V, Valeo SA, Texas Instruments, Changzhou Xingyu Automotive Lighting Systems Co., Ltd.
Make an Enquiry before buying this report @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=185
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Interior LED Lighting Market : Expansion Strategies Set to Generate Substantial Revenue in the Near Future | Key Players - Hella KGaA Hueck & Co., Osram Licht AG, Magneti Marelli S.p.A., Koito Manufacturing Co., Stanley Electric, Koninklijke Ph here
News-ID: 1613048 • Views: …
More Releases from Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
