Global Automotive Ambient Lighting Market: Improvements in the overall comfort and enhancement of aesthetic appeal of the vehicle are improving the adoption rate of automotive ambient lighting

Global Automotive Ambient Lighting Market

Automotive ambient lighting is usage of indoor lighting products and systems to ensure better visualization and illumination features of vehicle products, controls dashboard, instruments panel. These lighting instruments are applied in doors, steering wheels, dashboard, instruments and information panel as well, wherein they provide valuable information regarding the performance of the vehicle. These lighting solutions are being utilized more as a common feature rather than being as additional features in vehicles. The integration of these lighting products transforms to enhancement of the overall appeal of the interiors of the vehicles, as well as ensuring that the lights do not impair the visualization of the driver on the road.

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The main factors behind the growth of the market are:

  • Increasing sale of ultra-luxurious vehicles: The major utilization of automotive ambient lighting till date has been in luxurious vehicles. This trend has changed recently to some extent, but the majority of applications of automotive ambient lighting solutions are still in luxurious vehicles. The availability of greater incomes of individuals has resulted in them incurring greater expenses on their comfort levels which has been evident in their spending patterns and increased sales of ultra-luxurious vehicles.
  • Easy availability of aftermarket solutions: With the focus on transforming the lighting systems in vehicles, major electronics and automotive manufactures have started the adoption of LED lighting solutions and this focus has not just been limited to installation of illumination devices during the manufacturing of vehicles. Rather, they are focused on providing customized after-market maintenance and commercialization solutions to the customers who already had their vehicles on-road beforehand. These aftermarket vehicle-manufacture based solutions ensure greater quality as compared to the one provided by local vendors.

The market is segmented on the basis of product type as dashboard lights, ambient lighting, head-up display, reading lights, others; technology as halogen, LED, xenon; product type as disc, cups, cylinder; vehicle type as passenger vehicles, commercial vehicles.

Some of the recent market developments are as follows:

  • In April 2018, LG Electronics announced that they had acquired ZKW Group, for USD 1.6 billion. This acquisition is the largest for LG Electronics with 70% share being acquired by LG Electronics while LG Corp. will hold the remaining share. This acquisition will improve the overall capabilities of LG Electronics production and solution offerings especially for the lighting systems in autonomous vehicles. The combined offering will complement the portfolio currently available with LG Electronics, as the demand for LED lighting solutions is improving significantly.
  • In July 2017, EVERLIGHT ELECTRONICS CO., LTD. announced the commercial availability of “EL Micro Multi (1216)” as well as “EL Multi Color (2525)” range of LED packages. These packages are specifically designed for automotive ambient lighting. These lighting packages are specifically designed for unique customization of the vehicle manufacturers while providing a low-cost alternative to their consumers

“According to Data Bridge Market Research, global automotive ambient lighting market is growing at a healthy CAGR of 15.2% during the forecast period of 2018 to 2025”

Some of the major players operating in the market are Hella KGaA Hueck & Co., Valeo S.A., Grupo Antolin, Federal-Mogul LLC , Koito Manufacturing Co., Ltd. , Osram Licht AG , General Electric , Koninklijke Philips N.V. , Robert Bosch GmbH , Stanley Electric Co., Ltd. , Zizala, Lichtsysteme GmbH , Dräxlmaier Group, Ashland Inc., Akzo Nobel N.V. Lord Corporation, Franklin International, Delo Industrie Klebstoffe GmbH & Co. KGaA, Dymax Corporation, Mapei S.P.A, Uniseal Inc. among others.

The market is growing with a healthy growth rate caused by the applications of these illumination devices creating greater sense of comfort, functionality inside the vehicles for the driver as well as the passenger. The application of these illumination devices provides a sense of spaciousness inside the vehicle while being aesthetically pleasing to the eye.

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