“Automotive Ambient Lighting Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on automotive ambient lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for automotive ambient lighting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The automotive ambient lighting market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Product: Dashboard Lights; Ambient Lighting; Head-up Display; Reading Lights
- 2) By Technology: Halogen; LED; Xenon
- 3) By Vehicle Type: Passenger Vehicles; Commercial Vehicles; Heavy Commercial Vehicles
- Companies Mentioned: Valeo SA; Osram Licht AG; Grupo Antolin; General Electric Company; Draxlmaier Group
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the automotive ambient lighting market are: Valeo SA, Osram Licht AG, Grupo Antolin, General Electric Company, Draxlmaier Group, Robert Bosch GmbH, Stanley Electric Company Limited, Koito Manufacturing Company Limited, Koninklijke Philips NV, Parker Hannifin Corporation, Magneti Marelli SpA, EFI Lighting, Innotec Group, LSI Industries Inc., and Oshino Lamps Limited.
The global automotive ambient lighting market is expected to grow from $3.56 billion in 2022 to $3.91 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive ambient lighting market is expected to grow to $5.52 billion in 2027 at a CAGR of 9.0%.
The automotive ambient lighting market consists of sales of footwell light, doors light, and center console light. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The automotive ambient lighting refers to soft lighting around the vehicle's center console, door handles and handles, cup holders, and in some cases the vehicle's dashboard and footwell. Surrounding interior lighting is usually considered a pure cosmetic feature that does not provide unique vehicle safety features. Most ambient lighting today is designed to reflect light sources from the inside, determine when the driver enters and exits the vehicle, manipulate driving controls, and affect mood, attention, and comfort.
Asia-Pacific was the largest region in the automotive ambient lighting market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive ambient lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main products of automotive ambient lighting are dashboard lights, ambient lighting, head-up display, and reading lights. The dashboard lights are used to illuminate the dashboard of a vehicle. The technologies included are halogen, LED, and xenon that are suitable for passenger vehicles, commercial vehicles, and heavy commercial vehicles.
The growth of high-end luxury car sales is expected to propel the automotive lighting market. The high-end luxury cars are vehicles with high quality interiors and large number of features that are not found in normal cars. The increasing demand for high-end luxury cars resulted in the use of innovative and technologically advanced ambient lights to enhance the safety and security features of luxury cars. For instance, according to a sales report published in January 2022 by Germany-based Mercedes-Benz, a luxury vehicles company, Mercedes-Benz's plug-in hybrid and electric passenger car deliveries reached a new high of 227,458 units (+69.3 percent), with 48,936 Mercedes-EQ battery electric passenger cars (BEV) (+154.8 percent) from 2021. Therefore, the increase in luxury vehicle demand will drive the automotive ambient lighting market.
Technological advancements have emerged as the key trend gaining popularity in the automotive ambient lighting market. Major automotive lighting companies are introducing technologically advanced lights to reinforce their position in the market. For instance, In May 2022, Hella KGaA Hueck & Co, a Germany-based manufactures of lighting, electronic components, and systems, launched a combination of lighting solutions and sensor technology that adds intelligence to the vehicle, improving comfort, well-being, and safety. This new smart HELLA Slim Light System supports communication between occupants and vehicle, setting the tone for the interior while enabling wide-area lighting.
In January 2022, Faurecia, a French-based manufacturer of automotive parts, acquired Hella GmbH & Co. KGaA for $5.64 billion (EUR 5.3 billion). Through this acquisition, Faurecia aims to enhance its capabilities and extending its portfolio in the automotive ambient lighting products and services. Hella GmbH & Co. KGaA is a Germany-based manufactures of lighting and electronic components.
The countries covered in the automotive ambient lighting market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The automotive ambient lighting market research report is one of a series of new reports from The Business Research Company that provides automotive ambient lighting market statistics, including automotive ambient lighting industry global market size, regional shares, competitors with an automotive ambient lighting market share, detailed automotive ambient lighting market segments, market trends and opportunities, and any further data you may need to thrive in the automotive ambient lighting industry. This automotive ambient lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Automotive Ambient Lighting Market Characteristics
3. Automotive Ambient Lighting Market Trends And Strategies
4. Automotive Ambient Lighting Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Automotive Ambient Lighting Market
- 4.2. Ukraine-Russia War Impact On Automotive Ambient Lighting Market
- 4.3. Impact Of High Inflation On Automotive Ambient Lighting Market
5. Automotive Ambient Lighting Market Size And Growth
- 5.1. Global Automotive Ambient Lighting Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Automotive Ambient Lighting Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Automotive Ambient Lighting Market Segmentation
- 6.1. Global Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Dashboard Lights
- Ambient Lighting
- Head-Up Display
- Reading Lights
- 6.2. Global Automotive Ambient Lighting Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Halogen
- LED (Light Emitting Diode)
- Xenon
- 6.3. Global Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Passenger Vehicles
- Commercial Vehicles
- Heavy Commercial Vehicles
7. Automotive Ambient Lighting Market Regional And Country Analysis
- 7.1. Global Automotive Ambient Lighting Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Automotive Ambient Lighting Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Automotive Ambient Lighting Market
- 8.1. Asia-Pacific Automotive Ambient Lighting Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Automotive Ambient Lighting Market
- 9.1. China Automotive Ambient Lighting Market Overview
- 9.2. China Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Automotive Ambient Lighting Market
- 10.1. India Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Automotive Ambient Lighting Market
- 11.1. Japan Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Automotive Ambient Lighting Market
- 12.1. Australia Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Automotive Ambient Lighting Market
- 13.1. Indonesia Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Automotive Ambient Lighting Market
- 14.1. South Korea Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Automotive Ambient Lighting Market
- 15.1. Western Europe Automotive Ambient Lighting Market Overview
- 15.2. Western Europe Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Automotive Ambient Lighting Market
- 16.1. UK Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Automotive Ambient Lighting Market
- 17.1. Germany Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Automotive Ambient Lighting Market
- 18.1. France Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Automotive Ambient Lighting Market
- 19.1. Eastern Europe Automotive Ambient Lighting Market Overview
- 19.2. Eastern Europe Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Automotive Ambient Lighting Market
- 20.1. Russia Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Automotive Ambient Lighting Market
- 21.1. North America Automotive Ambient Lighting Market Overview
- 21.2. North America Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Automotive Ambient Lighting Market
- 22.1. USA Automotive Ambient Lighting Market Overview
- 22.2. USA Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Automotive Ambient Lighting Market
- 23.1. South America Automotive Ambient Lighting Market Overview
- 23.2. South America Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Automotive Ambient Lighting Market
- 24.1. Brazil Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Automotive Ambient Lighting Market
- 25.1. Middle East Automotive Ambient Lighting Market Overview
- 25.2. Middle East Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Automotive Ambient Lighting Market
- 26.1. Africa Automotive Ambient Lighting Market Overview
- 26.2. Africa Automotive Ambient Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Automotive Ambient Lighting Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Automotive Ambient Lighting Market Competitive Landscape And Company Profiles
- 27.1. Automotive Ambient Lighting Market Competitive Landscape
- 27.2. Automotive Ambient Lighting Market Company Profiles
- 27.2.1. Valeo SA
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Osram Licht AG
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Grupo Antolin
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. General Electric Company
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Draxlmaier Group
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Automotive Ambient Lighting Market
29. Automotive Ambient Lighting Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer