Automotive Ambient Lighting Market Top Research Insights, Global Report, Infrastructure Analysis & Growth Rate Report 2020
Global Automotive Ambient Lighting Market
The Automotive Ambient Lighting is defined as lighting that
direct the illumination of the lights for more liveliness inside the vehicle.
It also covers the areas around the footwell & door handles. It provides
the lightning depending upon the driver’s mood, on the basis of the security
& safety, the interior appearance of the vehicle. Automotive Ambient
Lighting serves the illumination for the reading purposes as well as helps to
reduce the driver’s fatigue. It finds its application in luxury automotive
vehicles.
The increase in adoption of automotive ambient lighting in
automobiles is expected to rise due to the increase in awareness of
energy-efficient lighting systems as well as the rise in sales of luxury
vehicles equipped with navigation and infotainment systems which is expected to
boost the global automotive ambient lighting market growth over the forecast
period. The growing demand for conventional & green cars in automotive
industry is expected to drive the target market growth.
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Automotive ambient lighting positively influences internal
appearance of vehicles, space perception, safety & comfort, & altering
and mood lighting depending on driver’s mood. For example, automotive ambient
lighting decreases a driver’s fatigue while driving at night. These benefits
are anticipated to elevate the market growth. The increase in adoption of
innovative technologies is a one of the major driving factors which expected to
accelerate the market growth. Automobile manufacturers are continuously
operating to produce technologically advanced components which are lightweight,
energy-efficient, and are compact in nature which is expected to support the
global automotive ambient lighting market growth during this forecast period.
High cost associated with LED is a major restraint which
expected to hamper the global automotive ambient lighting market growth during
this forecast period. Also, higher cost of OE integration may limit the global
automotive ambient lighting market growth.
Automotive Ambient
Lighting Market Segmentation
The Global Automotive Ambient Lighting Market is segmented
into vehicle segment such as C segment, D Segment, E Segment, and F Segment.
Further, market is segmented into application such as Dashboard, Center
Console, Doors, Footwell, and Others.
Also, the Global Automotive Ambient Lighting Market is
segmented into five regions such as North America, Latin America, Europe, Asia
Pacific, and Middle East & Africa.
The North America is expected to register high market share
in global automotive ambient lighting market growth due to the factors such as
the increase in disposable income of individuals, and the growing new vehicle
registration. Also, Europe is expected to hold second largest position in
target market. APAC is anticipated to grow with the highest CAGR during this
forecast period due to the increase in sales of electric vehicles in this
region which is expected to accelerate the market growth.
Market key
Players
Various key players are discussed in this report such as
Federal-Mogul LLC, OSRAM Licht AG, Grupo Antolin, HELLA, Koito Manufacturing
Co., Ltd, General Electric, Robert Bosch GmbH, Valeo S.A., Dräxlmaier Group,
Stanley Electric Co., Ltd, etc.
Market Taxonomy
By Vehicle Segment
·
C segment
·
D Segment
·
E Segment
·
F Segment
By Application
·
Dashboard
·
Center Console
·
Doors
·
Footwell
·
Others
By Region
·
North America
·
Latin America
·
Europe
·
Asia Pacific
·
Middle East & Africa
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