Automotive ambient lighting market is still growing fast from the year 2021 to 2027

The ambient lighting market for automotive is categorized by application, passenger car, electric vehicles, and aftermarket.For the application of ambient lighting in automotive, we have covered applications such as dashboards, footwell, doors, center console, and others (armrest, headliners, and seats).

Automotive ambient lighting market is valued at USD 9.72 billion by 2027, and will achieve its market growth at a rate of 12.9% from 2021 to 2027. The easy availability of aftermarket solutions is also making the growth of the market. Furthermore, the ever-increasing market for LED lights in cars, shifting inclination towards comfort and safety features along with increase in the awareness of energy-efficient lighting systems and increasing sales of luxury vehicles prepared with navigation and infotainment systems are among major factors that are contributing towards the growth of the automotive ambient lighting market.

The key factors driving the market growth include increasing penetration of ambient lighting in low to mid-segment vehicles, inclination toward luxury, and increasing vehicle production.

The market for dashboard ambient lighting is projected to grow at the highest CAGR in value. The increasing demand for ambient lighting and luxury vehicles are the key growth drivers for the center console ambient lighting market.

Asia Oceania is estimated to see the fastest growth of the ambient lighting market for automotive, in terms of value. This growth is primarily driven by increasing vehicle production and increasing penetration of luxury cars in the region.

The famous key players in the ambient lighting market cover Hella KGaA Hueck & Co. (Germany), OSRAM Licht AG (Germany), Valeo S.A. (France), Grupo Antolin (Spain), Federal-Mogul LLC (US), Koito Manufacturing Co., Ltd. (Japan), GENERAL ELECTRIC (US), and Stanley Electric Co., Ltd. (Japan).