Automotive Interior Ambient Lighting Market, Sector / Industry Report & Analysis 2018-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Automotive Interior Ambient Lighting Market


The global automotive interior ambient lighting market size was valued at USD 2.47 billion in 2016 and is expected to record a CAGR of 7.2% over the forecast period. Market growth can be attributed to rise in sales of luxury vehicles, improving advancements in the automotive industry, and increasing demand for LEDs in cars.
 
Ambient lighting increases attractiveness of a vehicle and helps create a stylish interior at affordable prices. Other benefits offered by automotive ambient lighting include increased driver safety, comfort, and convenience. It also offers enhanced visual comfort for a driver to identify the dashboard and instrument panel while driving at night. It also illuminates the passenger compartment to help individuals read at night.
Concerns related to safety of drivers and passengers against accidents while driving at night is one of the key factors fueling market growth. Furthermore, interior ambient lighting helps build a mood-, behavior-, and brand-oriented atmosphere in an otherwise dark car interior.
Increasing awareness about energy-efficient lighting systems, inclination toward comfort and safety features, increasing sales of ultra-luxurious vehicles, and advancements in automotive interior lighting technology are further driving demand for ambient lighting in the automotive industry. Increasing sales of high-end and middle-segment cars are also expected to boost the market.
High costs of OE integration will restrain market growth during the forecast period. Other factors such as uncertain prices of raw materials and component availability will further increase associated costs and hence make it more applicable to luxury cars. Requirement of additional space and increased power consumption are two challenges manufacturers face.
Adoption of LED technology offers benefits such as compactness, longer lifespan, and reduced power consumption. At the same time, LED technology has some drawbacks such as low light intensity (individual LED) and emittance of light at narrow angles. These factors push manufacturers to arrange LEDs in a series to provide an ambient lighting system as per requirement. This leads to increase in costs and higher space occupancy.

Market Segmentation, Outlook & Viewpoint: Global Automotive Interior Ambient Lighting Market


Application Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Dashboard

Footwell

Doors

Others


Vehicle Type Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Conventional cars

Green cars


Key Players, Recent Developments & Regional Insights: Global Automotive Interior Ambient Lighting Market


The dashboard segment is expected to exhibit the highest CAGR over the forecast period in the automotive interior lighting market, owing to increase in sales of ultra-luxury cars. Automotive interior ambient lighting helps illuminate and improve recognition of controls and switches on a dashboard and instrument panel. This eliminates the need for manually feeding controls during night drives. It also helps improve alertness and reduces stress, dizziness, and strain on the eyes.
Use of such lighting on the footwell improves overall ambience, enhances visibility of objects on a footwell, and illuminates brakes during night drives and emergency situations. The footwell application type segment in the automotive ambient lighting market is expected to expand at a CAGR of 6.8% over the forecast period.
Ambient lighting in automobiles highlight door latches and thus, enables passengers to exit quickly. It also provides sufficient lighting for stationary and moving vehicles for identifying an open door or a passenger alighting from a car. Other application areas of ambient lighting in vehicles include overhead consoles, glove box, headliner, and rear seats or trunks.
Vehicle Type Insights
Based on vehicle type, the automotive interior ambient lighting market is segmented into conventional cars and green cars. Conventional cars include passenger cars or road vehicles such as vans, luxury cars, SUVs, and sedans, which are manufactured for transporting passengers and are designed to seat more than five individuals. The conventional cars segment is expected to expand at a CAGR of nearly 7.0% over the forecast period and accounted for the majority revenue share in 2016.
 
Green cars encompass Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). BEVs use chemical energy harnessed from rechargeable battery packs and have no internal energy combustion engines. They are easy to maintain and are eco-friendly. PHEVs combine gasoline or diesel engine with an electric motor and a large rechargeable battery. They use electricity for operation, cover longer distances, and help save fuel costs. Demand for and sales of green cars are increasing due to above mentioned benefits and introduction of stringent laws and standards for protecting the environment against greenhouse gasses. The green cars segment is expected to exhibit a higher CAGR than conventional cars over the forecast period.

Regional Insights
North America held the largest market share in 2016 and is expected to witness moderate growth over the forecast period. This growth can be attributed to increasing luxury vehicle sales in the region, as well as incorporation of ambient lighting in all mid-segment and premium vehicles. Countries in the region are focusing more on introducing safety features in vehicles. For instance, Mexico passed a vehicle safety standard known as Mexican Official–Safety Devices in New Vehicles–Safety Specifications in January 2016 and section 4 of these specifications mandates lighting incorporation in vehicle interiors. Presence of major luxury vehicle manufacturers such as BMW, Audi, Mercedes Benz, and Volkswagen Group will fuel market growth in the region.
Significant increase in vehicle production and sale in China and India will drive the market in Asia Pacific. The region will witness the highest CAGR during the forecast period, driven by increasing presence of prominent luxury vehicle manufacturers as well as demand for such vehicles. In South America, automotive manufacturers in Brazil are leading exporters of automobiles. Although the region lacks in vehicle safety systems and features, growing emphasis on vehicle safety standards is expected to witness boost market growth over the forecast period.
Automotive Ambient Interior Lighting Market Share Insights
Prominent players operating in the market include OSRAM GmBH, Hella KGaA Hueck & Co., SCHOTT AG, DRÄXLMAIER Group, and Grupo Antolin. Players primarily focus on providing upgraded and advanced solutions and have increased their research and development spending to develop innovative solutions for gaining strategic advantage over competitors.
Market participants also rely on mergers, acquisitions, expansions, and partnerships as their key strategies to gain traction in the market. For instance, OSRAM GmbH launched a new range of wireless ambient lighting kits known as LEDambient. These LEDambient kits are rechargeable, using a USB cable. Every element in these kits highlight different contours of a car’s interior and door edges.

Key Insights Covered: Global Automotive Interior Ambient Lighting Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Automotive Interior Ambient Lighting industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Automotive Interior Ambient Lighting industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Automotive Interior Ambient Lighting industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Automotive Interior Ambient Lighting industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Automotive Interior Ambient Lighting industry.

Research Methodology: Global Automotive Interior Ambient Lighting Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
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