The global automotive passenger car ambient lighting market is projected to experience substantial growth in the next five years, according to a report by TechSci Research. The availability of aftermarket solutions is expected to be a major factor contributing to this growth. Consumers are increasingly prioritizing comfort and safety features in their vehicles, leading to an increase in the sales of luxury cars with navigation and infotainment facilities, which is driving the demand for ambient lighting. The installation of advanced functionalities and mood-enhancing features in cars is also boosting market growth. To produce technologically advanced, lightweight, small-sized, and energy-efficient components, significant investments are being made in research and development.
Regulations are being introduced by leading authorities to ensure the safety of drivers and passengers, such as the installation of adaptive lights in vehicles. Original equipment manufacturers for automobiles and lighting systems are collaborating to reduce the costs associated with installing ambient lighting. Additionally, the demand for energy-efficient lighting solutions is contributing to the rise in demand for ambient lighting in the market.
The global automotive passenger car ambient lighting market is segmented into vehicle type, application, type, region, and company, with the interior lighting segment projected to grow significantly during the forecast period. The surge in adoption of interior lighting in mid and high-end vehicles is driving this growth, with automobile manufacturers incorporating recyclable, reliable, and wireless connectivity features into the interior lighting.
The leading players in the global automotive passenger car ambient lighting market are Federal-Mogul LLC, HELLA KGaA Hueck & Co., Robert Bosch GmbH, Koito Manufacturing Co., Ltd, OSRAM Licht AG, General Electric, Valeo S.A., Stanley Electric Co., Ltd, Grupo Antolin, and Dräxlmaier Group. Manufacturers are increasingly focusing on research and development to offer technologically advanced products that meet the evolving needs of customers in terms of better efficiency and durability. However, the high cost of installing ambient lighting by original equipment providers and price fluctuations in raw materials may hinder the growth of the market.
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“Adoption of latest technologies in automobiles to increase the efficiency of vehicle and convenience to the consumers, automotive original equipment manufacturers prefer to test their models on-road which helps them to lower the cost of integration of ambient lighting in vehicles. Installation of ambient lighting in automobiles along with connectivity facility provided by manufacturers in vehicles to ensure safety, with the use of interactive technology to change lightening intensity in case of lower fuel and accidents is expected to foster the growth of global automotive passenger car ambient lighting market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Automotive Passenger Car Ambient Lighting Market By Vehicle Type (Hatchback, Sedan, SUV/MPV), By Application (Footwell, Door, Dashboard, Others), By Type (Interior and Exterior), By Company, By Region, Forecast & Opportunities, 2027” has evaluated the future growth potential of global automotive passenger car ambient lighting market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global automotive passenger car ambient lighting market.
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