Albany, NY -- (SBWIRE) -- 03/22/2017 -- Lighting in an automobile is considered a critical safety system, as it is vital for illuminating the path ahead of the automobile. The primary use of automotive lighting is to ensure visibility to the driver, improve vehicle conspicuity, and intimate the presence and position of the vehicle to others. Automotive lighting has evolved over the past decade from being a mere functional system to a component that enhances the aesthetics of the vehicle. One such extension is ambient lighting, which is used to illuminate the interiors of the vehicle to provide a soothing and spacious look to the cabin.

The global luxury car ambient lighting system market to grow at a CAGR of 7.37% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global luxury car ambient lighting system market for 2017-2021. To calculate the market size, the report considers the annual shipment of luxury cars. Regional shipment data has been considered in terms of regional market size.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Luxury Car Ambient Lighting System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Federal-Mogul
- Hella
- Magneti Marelli
- OSRAM

Other prominent vendors
- Ichikoh Industries
- Stanley Electric
- Zizala Lichtsysteme

Market driver
- Technological innovations key to luxury vehicle segment
- For a full, detailed list, view our report

Market challenge
- Stringent government regulations
- For a full, detailed list, view our report

Market trend
- Integration of infotainment system with ambient lighting system
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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