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Ambiance Lighting Market for Automotive by Application, Vehicle Segment, EV Type, Aftermarket ) - Global Forecast to 2022

Ambiance Lighting Market: Global Forecast until 2022

  • September 2017
  • 140 pages
  • ID: 5124687
In this report:
The total Vehicle production of Asia Oceania is expected to reach up to ## million units by 2022 from ## million units in 2017, at a CAGR of ##.##%.
In terms of volume, the North American aftermarket for ambiance lighting is expected to reach up to ## million units by 2022 from ##.## million units in 2017, growing at a CAGR of ##.##%.

Summary

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"Increased penetration of ambiance lighting in low-mid segment cars to upsurge the ambiance lighting market for automotive"

The ambiance lighting market for automotive, by value, is expected to rise at a compound annual growth rate (CAGR) of ~14.4 percent between 2017 and 2022. It is projected to extend ~$5.3B by 2022 from an estimated ~$2.7B in 2017. The main key factors driving the market rise contain growing penetration of ambiance lighting in low to mid-segment vehicles, inclination toward luxury, and rising vehicle production. The improving economic condition of developing regions including Asia Oceania has boosted the industry for premium vehicles, which are equipped with ambiance lighting.

"Dashboard ambiance lighting to witness the quickest rise during the estimate period"

The sector for dashboard ambiance lighting is expected to grow at the highest compound annual growth rate (CAGR), in terms of value significance, during the outlook period. The growing demand for ambiance lighting and luxury vehicles are the top increase drivers for the dashboard ambiance lighting market.

Asia Oceania to lead the market increase

Asia Oceania is forecasted to see the quickest rise of the ambiance lighting market for automotive, in terms of value importance. This increase is primarily influenced by the rising vehicle production and growing penetration of luxury cars in the territory.

The report includes industry insights specified by different market experts. The break-up of the primaries is like:

• By Company Type -OEM - 14.0 percent, Tier-1 - 57.0 percent,and Tier 2 - 29.0 percent

• By Description - C-suite - 43.0 percent, D-level - 43.0 percent, and Others - 14.0 percent

• By Area - North America continent - 43.0 percent,Europe (EU) - 29.0 percent, and Oceania/Asia - 23.0 percent, RoW - 5.0 percent

The top players in the ambiance lighting market are profiled in the market research. These include Hella KGaA Hueck & Co., OSRAM Licht AG, Grupo Antolin, Federal-Mogul LLC, Koito Manufacturing Co., Limited, Robert Bosch GmbH, GENERAL ELECTRIC, Valeo S.A., and Stanley Electric Co., Limited.

Segment Research

The ambiance lighting market for automotive is broken down by application, vehicle type, alternate fuel vehicles, and aftermarket. For the application of ambiance lighting in automotive, we have considered applications including dashboards, footwell, doors, center console, and others (armrest, headliners, and seats). As ambiance lighting is available in C and above segment cars, we have considered C-segment, D-segment, E-segment, and F-segment. In this analysis, we have also covered alternate fuel vehicles (BEV, HEV, and PHEV) and aftermarket lighting products.

Why Purchasing This Study Can Help You:

The study offers business insights concerning the following parts:

• Market Development: The analysis affords highlighted information about profitable emerging sectors. The market research examines the ambiance lighting market for automotive across regions.

• Product Development/Innovative products: The industry report offers in-depth understanding into Research&development activities, up-on-coming technologies, and recent product launches in the overall ambiance lighting market for automotive.

• industry diversification: The study contributes in-depth information about untapped sectors, market investments, recent products, and recent evolutions in the overall ambiance lighting market for automotive.

• Dive Matrix: The analysis affords exhaustive information and detailed review of top actors established on their business strategy and product offering.

• Supplier study: The market research offers a brief review of Who Supplies Whom info for main component manufacturers and their clients.

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