Automotive Ambient Lighting Market Projected to reach $6.2 billion by 2027
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 market is expected to witness growth due to increasing vehicle production, customer inclination towards comfort and safety features. Similarly, the growing demand for comfort and safety features in premium segment vehicles in growing economies such as China and India is expected to drive the market for ambient lighting in the near future. The Automotive Ambient Lighting Market is offered for several applications such as dashboard, center console, doors, footwell etc, by the OEMs in the medium to high end cars. To attract the customers and differentiate among competition, OEMs have started offering ambient lighting in one or more number of applications in mid to top end variants of their models. Plus, the ambient lighting system is also offered as an accessory by OEMs to install in lower variants which pro...