Ambiance Lighting For Automotive Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Ambiance Lighting Market for Automotive Market is accounted for $2.34 billion in 2017 and is expected to reach $9.06 billion by 2026 growing at a CAGR of 16.23% during the forecast period.

The key factors driving the market growth include increasing penetration of ambiance lighting in low to mid-segment vehicles, Inclination towards comfort & safety features and increasing vehicle production. In addition the improving economic condition of developing regions such as Asia Oceania has boosted the market for premium vehicles, which are equipped with ambiance lighting. However, huge cost of OE integration is one of the key factors hampering the market.

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Automotive ambient lighting mainly concerns the lighting used inside of a vehicle to support the visibility of the use at a specific period of time, especially at night. In addition to the operational advantages, the automotive ambient lighting makes the overall interior of a vehicle very aesthetic and gives a sense of spacious in-cabin feeling. This ambient lighting also makes sure of the safety as it enables the effective vision of control panel and instruments for the drivers at the time of instances of low vision.

By applications, the dashboard ambient lighting market is estimated to grow at the highest CAGR during the forecast period. With the rising installation of ambient lighting and sale of premium cars, the market for dashboard is expected to grow at a fast pace. Asia Oceania is estimated to see the largest growth of the ambiance lighting market for automotive, in terms of value. This growth is mainly driven by the increasing vehicle production and increasing penetration of luxury cars in the region.

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Some of the key vendors in this market include Zizala Lichtsysteme GmbH, Koninklijke Philips N.V., Grupo Antolin, Osram Licht AG, Robert Bosch GmbH, Dräxlmaier Group, General Electric, Stanley Electric Co., Ltd., Koito Manufacturing Co., Ltd., Valeo S.A., Hella KGaA Hueck & Co., Federal-Mogul LLC, DOMINANT Opto Technologies Sdn. Bhd., Toshiba Corporation, Everlight Electronics Co., Ltd. , Brightek, and ELAUSA ELECTRÒNICA.

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Application Covered:
• Footwell
• Dashboard
• Center Console
• Doors
• Other Applications

Vehicle Types Covered:
• Sedan
• Sports
• Executive
• Compact
• Luxury

Sales Channels Covered:
• Aftermarket

Alternate Fuel Vehicles Covered:
• Hybrid Electric Vehicle
• Battery Electric Vehicle
• Plug-in Hybrid Electric Vehicle

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 318428