Automotive Ambient Lighting Market Forecast 2022-2027: Industry Size, Trends, Share, Growth

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 CAGR of 8.50% during 2022-2027.

Covid-19 Impact:

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.

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Industry Definition and Application:

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.

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.

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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
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

List of Major Key Players:
The major players in the market are Airway Management Inc., Apnea Sciences Corporation, Fisher & Paykel Healthcare Corporation Limited, Koninklijke Philips N.V., MEDiTAS Ltd., Medtronic plc, Mitsui Chemicals Inc., ResMed Inc., Rotech Healthcare Inc., SomnoMed, The Pure Sleep Company and Tomed GmbH.

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