Albany, NY -- (SBWIRE) -- 05/29/2019 -- Automotive interior lighting illuminate the cabin when people enter the vehicle or dismount and thus aid passengers to fasten seat belts and turn on the ignition. Dashboard lights help display important vehicle parameters and warning signs.
Rise in demand for interior esthetics is a primary driver of the automotive interior lighting market. Interior lighting enhance the ambience of the cabin at low cost, thus increasing the adoption of automotive interior lighting. Dashboard control lights are vital for safety, as these display information such as speed, engine heating, and fuel level. Need for lighting in dashboard controls is a major driver of the interior lighting market. Manufacturers of luxury vehicles, such as Lincoln MKR, are incorporating interior lighting, such as sidelights and footlights, which operate automatically when the door is opened. Sales of luxury vehicles are rising in Europe, North America, and Asia Pacific, which in turn, is boosting the automotive interior lighting market. Employment of LEDs in automotive interior lighting improves the vehicle's esthetics at low cost. This, in turn, propels the automotive interior lighting market. In 2010, less than 50 monochrome LEDs were fitted in vehicles. This number has increased to around 100 RGB lights containing red, green, and blue colored LEDs. These lights are extensively used to achieve optimal brightness. Improvements in microcontroller and compact packaging technology are projected to help achieve cost-effective solutions with a clear lighting effect.
For More Info, Get Sample Report Here: https://www.marketresearchreports.biz/sample/sample/6668
The global automotive interior lighting market can be classified based on technology, application, vehicle type, sales channel, and region. In terms of technology, the market can be classified into halogen, Xenon, and LED. Development of advanced lighting technology and high demand to improve cabin ambience are expected to boost the demand for LEDs in the market. Rise in level of complexity has led to evolution of the number of LEDs used in car.
Based on application, the interior lighting market can be segmented into dashboard lights, ambient lights, center stack lights, reading lamps, head-up displays, and dome and map lighting. Rise in sales of luxury vehicles is expected to boost the demand of center stack lights.
In terms of vehicle, the automotive interior lighting market can be divided into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger vehicles segment accounted for a major share of the automotive interior lighting market due to the rise in adoption of dashboard and ambient lights. Commercial vehicle segment are estimated to witness growth in demand with rising adoption of reading lights and ambient lights.
Based on sales channel, the automotive interior lighting market can be bifurcated into OEMs and aftermarket. The aftermarket is projected to expand at considerable pace due to the rise in customization of interiors and enhance the ambience.
In terms of region, the global automotive interior lighting market can be segregated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to dominate the global automotive interior lighting market due to high-volume production of vehicles in the region.
Key players operating in the global automotive interior lighting market include Hella KGaA Hueck & Co., Draxlmaier Group, Philips Lighting, Grupo Antolin, Koito Manufacturing Co., Ltd., and Federal-Mogul Corporation.
Get Complete TOC and List of Figures of the Report at: https://www.marketresearchreports.biz/sample/toc/6668
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
- Tailwinds and headwinds molding the market's trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players' strategies
The main aim of the report is to:
- Enable key stakeholder's in the market bet right on it
- Understand the opportunities and pitfalls awaiting them
- Assess the overall growth scope in the near term
- Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
MarketResearchReports.biz is a seller of syndicated market studies, featuring an exhaustive collection of research reports from leading international publishers. Our repository is diverse, spanning virtually every industrial sector and even more every category and sub-category within the industry. We also provide consulting services to enable our clients have a dynamic business perspective.
90 State Street, Suite 700
Albany, NY 12207
Toll Free: 866-997-4948 (USA-Canada)