Lucintel’s latest market report analyzed that automotive ambient lighting provides attractive opportunities in the passenger cars, light commercial vehicles, heavy commercial vehicles, and electric vehicles markets. The automotive ambient lighting market is expected to reach $5.2 billion by 2026 with a CAGR of 7.9%. In this market, dashboards are the largest segment by application, whereas electric vehicles are largest by end use.
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Based on application, the automotive ambient lighting market is segmented into dashboards, center consoles, doors, footwells, and others. The dashboards segment is accounted for the largest share of the market in 2020 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.
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The automotive ambient lighting market is marked by the presence of several big and small players. Some of the prominent players offering automotive ambient lighting include Osram India Pvt. Ltd, HELLA, Grupo Antolin, and Magneti Marelli.
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