Automotive Ambient Lighting Market to Reach a CAGR of 11.4% from 2023-2030 | Application, Component, Vehicle Type, Region, Key Players

Automotive Ambient Lighting Market by IC & Electric Vehicle (BEV, FCEV, PHEV), Application (Footwell, Door, Dashboard, Centre Console), Passenger Car (C, D, E & F), Aftermarket (Country & Application (Interior & Exterior), and region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America). The global Automotive Ambient Lighting Market size is 3.8 billion USD in 2022 and is projected to reach a CAGR of 11.4% from 2023-2030.

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Automotive Ambient Lighting Market Competitive Landscape

Osram Licht AG
Valeo SA
Philips
Koito Manufacturing Co. Ltd.
General Electric
Stanley Electric Co. Ltd.
Dräxlmaier Group
HELLA KGaA Hueck & Co.
Robert Bosch GmbH
Grupo Antolin

Recent Developments

In April 2022, ams OSRAM announced its intention to invest USD 843 million in LED plant development in Malaysia. The company also plans to make an additional investment in a significant new 8-inch LED front-end capacity in Malaysia (Kulim HiTech Park) to support advanced LED technology and micro-LED manufacturing.

In March 2022, Marelli developed a 3D Shaped Rear Lamp for BMW 2 series. The very homogeneous light guide-based tail function of this rear lamp is a true eye-catcher. With its aerodynamic and wavy shape, the product fully supports the car's styling concept.

Automotive ambient lighting is used in the interior of the vehicle which directs the illumination of the lights for more liveliness inside the vehicle. It is primarily responsible for the illumination of the vehicle's interior such as the dashboard, controls, footwells, door handles, cup holders, and others. Moreover, it enables better recognition of interior parts & controls, along with the added benefit of creating a better & bright ambiance inside.

Furthermore, ambient lighting serves the purpose of providing better visibility of the driver for the internal components and also creates an aesthetic atmosphere for the passengers. Most of the vehicles come with minimal interior ambient lighting and can be further customized according to the need of the owner. Also, the lightning can be controlled depending upon the driver's mood, on the basis of the outside lighting, and the interior appearance of the vehicle. In addition, ambient lighting gives a pleasing effect to the driver and facilitates improved functionality and comfort, thereby illuminating necessary functions to be performed in the dark.

The growth in the sales of ultra-luxurious vehicles, owing to the increasing disposable income among the population is the key factor for the market growth. In addition, the increasing awareness of vehicle safety and security is another factor imposing a positive outlook on the market. Moreover, the increasing demand for conventional and green cars and adaptions of LED lights in cars are some other factors propelling the market growth.

On the other hand, the high cost of ambient lighting offered by OEMs may impact the growth of the market. The ambient lighting market is most prominent for high-end variants of C, D, and all E and F segment vehicles. Also, the cost difference between ambient lighting and non-ambient lighting models is huge. Many OEMs like Daimler Benz, BMW, Ford Volkswagen, and Hyundai among others charge extra amounts for the installation of ambient lighting in their high-end vehicles.

Due to the COVID-19 pandemic, governments across all the major countries have announced lockdowns and various other strict regulations. Thus, leading to the shutdown of manufacturing units in the automobile sector and delaying production & weakening the sale of automotive ambient lighting. Moreover, due to the lockdown, there was the unavailability of raw materials required for manufacturing automotive ambient lighting which further disrupted the process. Since the outbreak, curfews have been imposed in almost every country, wherein only a few authorized individuals are allowed to travel, resulting in a further decline in the sale of automobiles. Also, due to social distancing norms and other restrictions, there was an unavailability of labour for manufacturing at the factories. However, new innovations along with the rise in the production of vehicles, and the heavy demand for advanced & luxury features in vehicles can boost the expansion rate of the automotive ambient lighting market.

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Key Findings

The application segment is further segmented into Interior and Exterior. The interior segment is expected to dominate the market during the forecast period. Interior lighting includes center consoles, doors, cupholders, and entire dashboards and footwells, among others. Interior automotive ambient lighting is mostly for decorative purposes. It is meant to enhance the overall ambiance of the vehicle from the inside and, in some cases, it also helps to improve the vehicle safety function.

The vehicle type segment is further fragmented into BEV, FCEV, and PHEV. BEV segment is anticipated to hold the largest share of the electric vehicle ambient lighting market during the forecast period. In the case of BEVs, ambient lighting is available indoors, in center consoles, and footwells as a standard option in a few models, and is also available in dashboards, headliners, and seats in some cases. The increasing launches of premium-end electric vehicles by global players would also fuel the demand for ambient lighting.

The passenger car segment is further segmented into C, D, E, and F. The growth is mainly due to improving global economic conditions which has changed the overall lifestyle of consumers. With increasing disposable income, their demands have changed in line with new lifestyles, leading to a change in their preferences. This has positively affected the sales of ultra-luxurious cars across the globe.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Asia Pacific is expected to hold the largest share of the automotive ambient lighting OE market during the forecast period.

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Delvens Industry Expert's Standpoint

A rise in disposable income has raised customer desire for cutting-edge technologies. In order to boost passenger comfort, OEM manufacturers are always conducting R&D to enhance ambient lighting in vehicle interiors. The market is also driven by a rise in demand for luxury vehicles by customers and hence there is an increased scope for growth opportunities automotive ambient lighting market to grow and expand. But the high cost of ambient lightning can put a constraint on the expansion of the market.

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