Global Automotive Ambient Lighting Market
Automotive Ambient Lighting Market Size And Forecast
According to Verified Market Research, the Global Automotive Ambient Lighting Market was valued at USD 2.80 Billion in 2018 and is projected to reach USD 7.68 Billion by 2026, growing at a CAGR of 13.4% from 2019 to 2026.
Global Automotive Ambient Lighting Market Outlook
The growth in the sales of the ultra-luxurious vehicles, owing to the increasing disposable income among the population is the key factor for the market growth. In addition, the increasing awareness for vehicle safety and security is another factor imposing positive outlook on the market. Moreover, the increasing demand for conventional and green cars, adaptions of LED lights in the cars are some other factors propelling to the market growth. However, the high cost associated with it expected to hamper the growth of the market.
Global Automotive Ambient Lighting Market Competitive Landscape
The Global Automotive Ambient Lighting Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Federal-Mogul LLC, Grupo Antolin, OSRAM Licht AG, HELLA KGaA Hueck & Co., Koito Manufacturing Co., Ltd., Robert Bosch GmbH, General Electric, Valeo S.A., Drxlmaier Group and Stanley Electric Co., Ltd.
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