THE GLOBAL AUTOMOTIVE INTERIOR LIGHTING SYSTEM MARKET SIZE TO GENERATE USD 4 BILLION BY 2024, GROWING AT A CAGR OF 6% DURING 2019-2024

Automotive Interior Lighting Market Size, Share, & Trends Analysis Report by Product (roof console, reading lights, car body lighting, and ambient lighting), by Vehicle (economy, mid-priced, and luxury), by Installation (OEM and aftermarket), and by Geography (APAC, Europe, North America, Latin America, and the Middle East & Africa). Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019–2024.

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Most Exhaustive Report

208 Pages

67 Tables

122 Charts

5 Regions

12 Countries

24 Companies

4 Market Segment

AUTOMOTIVE INTERIOR LIGHTNING MARKET RESEARCH SCOPE

Report Attribute Details
MARKET SIZE (REVENUE) USD 4 BILLION (2024)
MARKET SIZE (UNIT) 800 MILLION UNITS (2024)
CAGR 6% (2019-2024)
Base Year 2018
Forecast Year 2019-2024
Market Segments Product (roof console, reading lights, car body lighting, and ambient lighting), Vehicle (economy, mid-priced, and luxury), Installation (OEM and aftermarket
Geographic Analysis APAC, Europe, North America, Latin America, and the Middle East & Africa
Countries Covered China, Japan, India, Germany, UK, Spain, US, Mexico, Canada, Brazil, UAE, South Africa

INDUSTRY INSIGHTS

The global automotive interior lighting market size will reach 800 million units by 2024 and will generate revenue of USD 4 billion in 2024. The recent development of automotive exterior lighting systems comprising of headlamps, rear lamps, brake lights, and turn signals is leading the way for innovations in the global automotive interior lighting system market. The introduction of LEDs and OLEDs will lead to the revolution of interior car lights during the forecast period. The integration of navigation, entertainment, and ambient lighting systems will contribute to the rising demand in the global market. The growing popularity of functional lighting that includes roof consoles, reading lights, and car body lighting will create lucrative opportunities for leading vendors operating in the market. These systems are designed to offer driving and enable easy operation of interior controls and elevate the driver’s mood, alertness, and comfort. Product differentiation is one of the main focus areas of OEMs operating in the global market. The companies are planning to integrate ambient lighting systems in mid-priced and economy cars to attract many consumers. Aggressive plans by top manufacturers such as Daimler, Nissan, and Volvo to commercial electric vehicles in the market will propel the development of the market over the next few years. The integration of ADAS systems and the rapid growth of autonomous vehicle platform will boost the adoption of LED devices in the market. Government regulations that are promoting the electrification of vehicles will attribute to the revenues in the global automotive interior lighting system market.

The increasing use of automotive electronics such as collision avoidance systems, infotainment, connected systems, and drive-by-wire technologies will propel the demand in the global market. The growing need to receive a higher safety rating and to comply with the stringent safety and emission norms is encouraging the leading vendors to introduce innovative safety systems in the market.

AUTOMOTIVE INTERIOR LIGHTING SYSTEM MARKET DYNAMICS

The increasing use of sensors enabling the remote control of internal car systems fuels the innovation in the global automotive interior lighting market. The increasing number of road accidents encourages consumers to adopt enhanced safety features in their vehicles in the worldwide market. The integration of passive safety features like seatbelts, airbags, stronger chassis, and electronic and sensor-guided features like rearview displays, blind-spot displays, braking systems, traction control, and obstacle identifiers are fueling the demand for ambient lighting in the global market. The vendors are leveraging sensors to install electronic safety features in the vehicles in the worldwide market. Some of the emerging sensor-based technologies in the market are recognizing road signs, collision avoiding maneuvers, driver face-expression detection, pre-crash deployment of airbags and seatbelts, automated space detection, and parking, and obstacle detection and automated response. The installation of LED tuning lights that can be controlled remotely through a mobile app will transform the global automotive interior lighting system market.

AUTOMOTIVE INTERIOR LIGHTING SYSTEM MARKET – BY PRODUCT

Dome lights and roof consoles are an integral part of the vehicle contributing to the revenues in the global automotive interior lighting system market.

The global automotive interior lighting system market by product is classified into roof console, reading lights, car body lighting, and ambient lighting. Roof console dominated almost half of the total market share in 2018, growing at a CAGR of over 5% during the forecast period. The growing demand for economy cars and optimal vehicle performance is fueling the growth of this segment in the global market. Roof consoles are an integral part of the vehicle and form a part of the functional interior lighting systems such as dome lights. These products are designed to offer essential safety features and help the driver quickly locate the vehicle controls and other objects in the global market. The exponential growth of the automotive industry and growing sales of SUVs in regions such as China, North America, and Europe contribute to the revenues in this market segment. The development of compact SUVs that offer premium features in a cost-effective package across emerging regions will drive sales of roof consoles in the global automotive interior lighting system market.

The increasing use of reading lights to view maps for navigation or read a book without distracting the driver is fueling the growth of the global market. Car body lighting comprises of the footwell, glove compartment, luggage compartment, and vanity mirrors in the market. The installation of ambient lighting that improves the driver’s perception of the vehicle interiors will transform the global automotive interior lighting system market.

AUTOMOTIVE INTERIOR LIGHTING SYSTEM MARKET – BY INSTALLATION TYPE

Adopting custom LED lights will boost sales in the aftermarket segment in the global automotive interior lighting system market.

The installation type segment in the global automotive interior lighting system market is divided into OEM and aftermarket. Aftermarket is the fastest installation type segment globally, at a CAGR of more than 7% during the forecast period. The increasing adoption of ambient lighting technologies and the growing popularity of custom LED lights are fueling the growth of this segment in the global market. The rising demand for electric vehicles and sustainable technologies augments the development of aftermarket services globally. The development of the autonomous vehicle platform will create new investment opportunities for top manufacturers operating globally. The increasing number of the wear-and-tear and crash-relevant parts will fuel the demand in the aftermarket segment in the global automotive interior lighting system market. The rapid technological advancements and consolidation among suppliers will contribute to the growth of this market segment during the forecast period.

The rapid electrification of engine components and the promotion of sustainable technologies by government agencies and regulatory bodies will augment the growth of the OEM segment in the market. The adoption of automotive telematics, ADAS systems, and cockpit electronics will contribute to the profits in the OEM segment in the global automotive interior lighting system market.

AUTOMOTIVE INTERIOR LIGHTING SYSTEM MARKET – BY VEHICLE

Regulations such as the NCAP will lead to the electrification of components and growth of the global automotive interior lighting system market.

The global automotive interior lighting system market by vehicle is segmented into the economy, mid-priced, and luxury. The economy segment occupied more than half of the total market share in 2018, growing at a CAGR of approximately 5% during the forecast period. The exponential advancements in the automotive semiconductor technologies and increasing focus on improving the safety components will lead to the growth of the economy car segment in the global market. Electronic devices such as airbag systems or ECS systems and tire pressure monitoring systems in economy cars will propel the growth of the automotive industry during the forecast period. The establishment of The New Car Assessment Program (NCAP) will encourage adopting safety electronics in the global market. The installation of the powertrain and chassis system, body electronics, safety and security system, telematics, and infotainment systems will contribute to the growing revenues in the global automotive interior lighting system market.

The integration of various kinds of sensors such as vehicle chassis, LiDAR, radar, and cameras in the mid-priced and luxury car segment will add to the growth of the market. The emergence of connected and autonomous cars propels the demand for LED interior lighting systems and ambient lighting systems, thereby transforming the global automotive interior lighting system market.

AUTOMOTIVE INTERIOR LIGHTING SYSTEM MARKET – BY GEOGRAPHY

Vendors expanding to the MEA region will contribute to the profitability of the global automotive interior lighting system market.

The geographical segment in the global automotive interior lighting system market is categorized into APAC, Europe, North America, Latin America, and MEA. MEA is the fastest-growing region globally, growing at a CAGR of around 9% during the forecast period. Africa is one of the fastest-growing economies globally, driving the demand for innovative technology in the global market. The development of infrastructure, massive investments in energy, and the thriving tourism industry encourage the vendors to invest in the development of the African region in the global market. For instance, Ford invested in a new manufacturing facility in Nigeria to manufacture pickup trucks. The government initiatives to promote the development of the African region will lead to business expansion activities in the global automotive interior lighting system market.

Countries such as China, Japan, and India in the APAC region are contributing to the highest revenues in the global market. The demand for luxury vehicles across the European region will encourage the vendors to launch new products in the market. OEMs such as Volkswagen, Mazda, Honda, Audi, and Nissan invest billions of dollars for the expansion facilities across the North American region in the global automotive interior lighting system market.

KEY VENDOR ANALYSIS AND MARKET SHARE

The global automotive interior lighting market is witnessing intense competition due to the presence of several international and regional players. The high product reach, increasing demand, and the presence of several competitors that compete regarding price and market share are intensifying the competition in the APAC market. Product differentiation is gaining immense importance, and companies are leveraging it to sustain the competition levels in the market. The development of the Mexican and Canadian economy will positively impact the market and attract several vendors to these regions. The rapid technological advancements in automotive lighting will drive the global automotive interior lighting system market.

The automotive interior lighting market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:

Product

  • Roof Console
  • Reading Lights
  • Car Body Lighting
  • Ambient Lighting

Vehicle

  • Economy
  • Mid-priced
  • Luxury Vehicles

Installation Type

  • OEM
  • Aftermarket

Geography

  • APAC
    • China
    • Japan
    • India
  • Europe
    • Germany
    • UK
    • Spain
  • North America
    • US
    • Mexico
    • Canada
  • Latin America
    • Brazil
  • MEA
    • UAE
    • South Africa

Frequently Asked Questions

The global automotive interior lighting market size will reach 800 million units by 2024 and will generate revenue of USD 4 billion in 2024.
Roof console dominated almost half of the total market share in 2018, growing at a CAGR of over 5% during the forecast period. The growing demand for economy cars and optimal vehicle performance is fueling the growth of this segment in the global market.
Product (roof console, reading lights, car body lighting, and ambient lighting), Vehicle (economy, mid-priced, and luxury), Installation (OEM and aftermarket
The key vendors are Valeo, Hella, OSRAM, Bosch
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