The total value of the automotive ambient lighting market was about $3,204 million in 2021 and will reach about $7,088 million by 2030, at a growth rate of above 9% in the years to come. The APAC industry is mainly driven by the increasing requirement for economy automobiles, which are main consumers of reading lights, roof console lights, and car body lights.
LED technology had the largest share of revenue in 2021, at around 72%. The growing need for LED lighting solutions has become a prominent trend since an LED light eats up 50% less energy for giving out the same light as CFLs and CCFLs. The decreased electricity use can straight decrease yearly CO2 emissions by approximately700 mmt. Also, LEDs do not produce UV rays and are considered environment-friendly.
Halogen technology will also show considerable growth in the future. This will be owing to the low cost and ready admittance to this technology, which likewise enhances an aesthetic appeal to the automobile's interior. Additionally, because of their normal design, halogen lamps are pretty much simple to utilize and fit, and they also have a discrete feature, namely the "plug-and-play" function.
Heads-up displays will also show considerable growth in the years to come. The growing necessity for displaying vehicle info to drivers without generating a distraction is related to the growth of the industry.
North America is the third-highest generator of revenue in the industry. The North America industry was about $634 million in the year 2021 and will reach a value above $1,343 million by the year 2030, growing at a rate of around 9%in the years to come. The government’s actions to hearten the acceptance of autonomous and connected cars will improve the acceptance rate of ambient lighting systems in the whole of North America.
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Region-wise Analysis Global Automotive Ambient Lighting Market covers: • North America • Europe • China • Japan • Southeast Asia • India The Report covers in-depth analysis as follows: • Chapter 1 Automotive Ambient Lighting Market Overview • Chapter 2 Global Economic Impact on Automotive Ambient Lighting Industry • Chapter 3 Global Automotive Ambient Lighting Market Competition by Manufacturers • Chapter 4 Global Automotive Ambient Lighting Production, Revenue (Value) by Region (2013-2018) • Chapter 5 Global Automotive Ambient Lighting Supply (Production), Consumption, Export, Import by Regions (2013-2018) • Chapter 6 Global Automotive Ambient Lighting Production, Revenue (Value), Price Trend by Type • Chapter 7 Global Automotive Ambient Lighting Market Analysis by Application • Chapter 8 Global Automotive Ambient Lighting Manufacturers Analysis • Chapter 9 Automotive Ambient Lighting Manufacturing Cost Analysis • Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers • Chapter 11 Marketing Strategy Analysis, Distributors/Traders • Chapter 12 Market Effect Factors Analysis • Chapter 13 Global Automotive Ambient Lighting Market Forecast (2018-2023) Gain Full Access of Automotive Ambient Lighting market industry analysis & forecast 2018-2023 along with complete TOC @ https://www.upmarketresearch.com/reports/Automotive-Ambient-Lighting-Market “Automotive Ambient Lighting Market Industry Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
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