Market Expectation
Drivers: The ambient lighting market for automotive, by value, is projected to grow at a CAGR of 5 to 10% from 2020 to 2025. The key drivers to the market growth include that ambient lighting are rapidly becoming ubiquitous in low to mid-segment vehicles, inclination toward luxury.
Features: Among all of the ambient light, footwell, central instrument panel (IP), and door segment would be most oftenly seen and decorated in cars, including the mid to low segment cars.
Region: Asia-Pacific is expected to see the fastest growth of the ambient lighting market, in terms of value. It is driven by increasing vehicle production and increasing penetration of luxury cars in this region. With the improving economic level of developing countries, high-end vehicles marked is boosted, which are already equipped with ambient lighting feature.
Technology Trends
Static indirect and contour lighting will be replaced by dynamic lighting functions for signaling, safety and communication aspects.
Dynamic matrix reading lamps, zone lighting for each passenger
High performance full color RGB LED
High aesthetic quality material being used more and more into vehicles, ambient light to highlight and interact textured materials
Hidden/invisible light
Interactive scenario based ambient cluster in the sense of forming a coherent experience.
From mood decoration to function
KEY FACTORS Affecting Market ...
OEMS ...
Product Technologies ...
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