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Opportunities and Competitive Analysis of the Automotive Ambient Lighting Market

Opportunities and Competitive Analysis of the Automotive Ambient Lighting Market

  • September 2021
  • 229 pages
  • ID: 6177931
  • Format: PDF
  • Lucintel

Summary

Table of Contents

Trends, opportunities and forecast in automotive ambient lighting market to 2026 by application (dashboards, center consoles, doors, footwells, and others), end use (passenger cars, light commercial vehicles, heavy commercial vehicles, and electric vehicles)

The future of the automotive ambient lighting market looks promising with opportunities in the passenger cars, light commercial vehicles, heavy commercial vehicles, and electric vehicles markets. Automotive ambient lighting market is expected to reach an estimated $5.2 billion by 2026 with a CAGR of 7.8% from 2021 to 2026. The major drivers for this market are growing sales of luxury vehicles equipped with navigation and infotainment systems and increase in consumer demand for comfort, and safety features.

A 229 pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the automotive ambient lighting market report, please download the report brochure.

The study includes a forecast for the automotive ambient lighting market by application, end use, and region as follows:

By Application [$ Million Shipment Analysis from 2015 to 2026]:
• Dashboards
• Center Consoles
• Doors
• Footwells
• Others

By End Use [$ Million Shipment Analysis 2015 to 2026]:
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Electric Vehicles

By Region [$ Million Shipment Analysis 2015 to 2026]:
• North America
• USA
• Canada
• Mexico
• Europe
• Germany
• Italy
• UK
• Asia Pacific
• China
• India
• Japan
• Rest of the World
• Brazil
• Turkey
Dashboards will remain the largest segment over the forecast period due to development of new applications with advanced safety that changes light colors to indicate any danger in system or outside, growth in central control and looks.

Electric vehicles segment is expected to witness the highest growth over the forecast period due to increasing production of electric vehicles.

Features of the Global Ambient Lighting Market

• Market Size Estimates: Ambient lighting market size estimation in terms of value ($M) shipment.
• Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
• Segmentation Analysis: Ambient lighting market by various segments, such as application type and end use in terms of value.
• Growth Opportunities: Analysis of growth opportunities in different application type, end use and region for the ambient lighting market .

This report answers following key questions
Q.1 What are some of the most promising growth opportunities for the Global Automotive ambient lighting market by application (dashboards, center consoles, doors, footwells, and others), end use (passenger cars, light commercial vehicles, heavy commercial vehicles, and electric vehicles)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?

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