The environmental lighting market for cars is expected to grow by value at a CAGR of 9.9%

New York, January 18, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces release of “Electric Ambient Automotive Lighting Market – Global Forecast to 2025” report – https://www.reportlinker.com/p05124687/ ? utm_source = GNW
The progressive economic situation of developing regions such as Asia Oceania has boosted the market for key vehicles, equipped with ambient lighting.

Console Center rotation light to see the fastest growth in the forecast period
The market for dashboard surround lights is expected to grow at the highest CAGR, in terms of value, over the expected period. The growing demand for environmental lighting and luxury vehicles is the key growth drivers for the centre’s circular lighting market.
Asia Oceania to control market growth
Asia Oceania is estimated to see the fastest growth in the environmental lighting market for cars, in terms of value. This growth is largely driven by increased vehicle production and more and more luxury cars in the area.

The study provides insights provided by various industry experts. The breakdown of the primary schools is as follows:
• By company type – OEM – 14%, Tier-1 – 57%, and Tier 2 – 29%
• By specification – level C – 43%, level D – 43%, and others – 14%
• By region – North America – 43%, Europe – 29%, and Asia-Oceania – 23%, RoW – 5%

The key players in the environmental lighting market are outlined in the study. These include Hella KGaA Hueck & Co. (Germany), OSRAM Licht AG (Germany), Valeo SA (France), Grupo Antolin (Spain), Federal-Mogul LLC (US), Koito Manufacturing Co., Ltd. (Japan), GENERAL ELECTRIC (US), and Stanley Electric Co., Ltd. (Japan).

It is the players described in the report
• Hella (Germany)
• OSRAM Licht AG (Germany)
• Valeo (France)
• Grupo Antonin (Spain)
• Federal Mogul (US)
• Koito Manufacturing Co Ltd (Japan)
• GENERAL ELECTRIC (US)
• Philips (Netherlands)
• Marelli (Italy)
• Stanley Electric Co Ltd (Japan)
• ZIZALA LICHTSYSTEME Gmbh (Austria)
• Draxlmaier Group (Germany)
• Tungsram (Hungary)
• LSI (US)
• Toshiba Lighting and Technology Corporation (Japan)
• Pacific Insights (Canada)
• Oshino Lamps Ltd (Japan)
• Texas Instruments (US)
• Samvardhana Motherson Automated Systems (Germany)
• Sigma International (US)
• Lumax Industries Ltd (India)
• Autolite (US)

Research Cover
The environmental lighting market for cars is segmented by application, passenger car, electric vehicles, and aftermarket.For the application of environmental lighting in cars, we have considered applications such as dashboards, footwell, doors, center console, and others (armrest, headliners, and sets).

Since ambient lighting is available in C cars and above, we have considered C-segment, D-segment, E-segment, and F-segment. In this study, we have also addressed other fuel-efficient vehicles (BEV, HEV, and PHEV) and post-lighting products.

Reasons to purchase the report:

The report provides an overview of the following points:
• Marketing Development: The report provides comprehensive information on emerging markets. The report analyzes the environmental lighting market for cars across regions.
• Product Development / Innovation: The report provides an in-depth look at R&D activities, upcoming technologies, and new product launches in the global environmental lighting market for cars.
• Market Diversification: The report provides detailed information on underdeveloped markets, investments, new products, and recent developments in the global environmental lighting market for cars.
• Dive Matrix: The report offers detailed information and analysis of key players based on their business strategy and product offering.
• Supplier Analysis: The report provides analysis of Who Supplies Whom data for major manufacturers and their clients (OEMs).

Read the full report: https://www.reportlinker.com/p05124687/?utm_source=GNW

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