The vehicle Global automotive interior ambient lighting system market size is expected to increase by 5.4% annually in terms of value in 2022 to 2030, reaching a value of roughly US$ 4,660.0 Million by the year 2030, according to Future Market Insights (FMI).
Automakers are still under pressure to develop multifaceted methods that incorporate comfort, style, and aesthetics because fuel efficiency, low emissions, and high performance can no longer satisfy the evolving vehicle selection criteria of consumers.
In order to improve nighttime driving safety and drivers’ appreciation of their vehicles, the study showed that automakers are thinking about how interior ambient lighting may be made “functional” by affecting drivers’ moods, circadian rhythms, and attentiveness.
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Once developed exclusively for luxury auto models of Audi, Infinti, Mercedes, BMW, and Jaguar, automotive interior ambient lighting systems are rapidly becoming ubiquitous in the mid-range and economical vehicles as well. In addition to rendering an extra aesthetic appeal to vehicle models, ambient lighting systems are now being designed for driver’s assistance in terms of orientation, which marks a highly profitable trend in market.
OLED to Illuminate the Road Ahead, Replacing LED and Incandescent
The speedy adoption of LED technology in interior ambient lighting systems for cars is projected to hasten the replacement of incandescent lights. According to the paper, the adoption rate of LED-based lighting systems will make a significant difference because they use significantly less energy than equivalent-brightness incandescent and halogen lights while delaying the effects of ageing.
Environmentally friendly OLED lights will shed light on the future of the market for vehicle interior ambient lighting systems as long as the automotive industry adheres to the law.
According to the study’s findings, as IoT and driverless vehicles become more generally available, alternatives will advance in sophistication in order to keep drivers’ attention. In response to problems with power outages brought on by the incorporation of wired lighting, battery-operated wireless lighting systems have also been developed. It is anticipated that people who are technologically wealthy will continue to favour these systems.
Integration of gesture-recognition ambient lighting systems is projected to make an alluring proposition as automakers emphasise the development of interior ambient lighting systems by putting consumers at the centre.
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Focusing on customers’ preferences for high-end and aesthetically beautiful vehicles would help automakers increase competition in the consolidated market. The best talents for enhancing the features of interior ambient lighting systems are combined by manufacturers to maximise their potential for innovation. However, as quality is more expensive, counterfeiters in the automotive interior ambient lighting systems sector can sell inferior products for less money.
It is crucial for automakers to address and close the gap in order to reach more consumers with authentic lighting systems because the trends are particularly pronounced in rising East Asian and South Asian nations.
According to the report, the adoption of electro-mobility will significantly increase the movement’s sales opportunities in light of the environmental mindset embraced by automakers. As consumers become more aware of the safety benefits of automotive interior ambient lighting systems, it is anticipated that the future of transportation will stand tall at the nexus of aesthetics and safety.
Key Segments
By Technology
- LED
- Others
By Vehicle Type
- Compact
- Sedan
- Executive
- SUV/MUV
- Luxury
- Sports
- LCV
- HCV
By Application
- Centre Console and Dashboard
- Doors
- Roof
- Floor
- Others
By Sales Channel
- OEM
- Aftermarket
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
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Automotive Interior Ambient Lighting Systems Market – Key Research Findings
- The global automotive interior ambient lighting systems market size in 2018 was ~US$ 3 Bn.
- The automotive interior ambient lighting systems market is expected to grow at a CAGR of ~6% during the forecast period of 2019-2029.
- Besides the growing trend of customization for interior ambient lightings among customers, availability of a variety products has been recently driving the sales of automotive interior ambient lighting systems.
- Collectively, East Asia, North America, and Europe are likely to account for half of the revenue shares in the automotive interior ambient lighting systems industry by the end of 2029.
- North America, attributing to the robust automotive industry in the U.S., will continue to be a prominent regional market for automotive interior ambient lighting system manufacturers.
- The centre console and dashboard segment is expected to remain a prominent application area to invest in, for automotive interior ambient lighting systems market players.
- The automotive industry has witnessed significant growth over the recent past, and the revival of interior lighting systems has been particularly striking.
- Significant application potential of automotive interior ambient lighting systems has been identified in the doors lighting category.
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