CHICAGO, May 26, 2022 /PRNewswire/ — According to the new market research report “Automotive Ambient Lighting Market by IC & Electric Vehicle (BEV, FCEV, PHEV), Application (Footwell, Door, Dashboard, Center Console), Passenger Car (C, D, E & F), Aftermarket (Country & Application (Interior & Exterior) and Region”, published by MarketsandMarkets™, the Automotive Ambient Lighting Market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027.
The Automotive Ambient Lighting Market is mainly driven by increasing demand of premium vehicles, increasing adoption of LED based lighting in C&D segment cars owing to consumer inclination towards more personalized and dictinct feature in their cars. Further, increasing urbanization and per capita income especially in developing countries have spurred the change in preferences, which may lead to growth of Automotive Ambient Lighting Market in the future.
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237 – Tables
53 – Figures
249 – Pages
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Dashboard ambient lighting market to witness the fastest growth during the forecast period.
Increasing installation of ambient lighting owing to rising emphasis on luxury and comfort, the market for dashboard ambient lighting is expected to grow at a faster pace. In North America, increasing penetration of E& F…