from Research and Market and DVN-I
The global automotive interior lighting system market is estimated to generate revenues of more than USD $4bn by 2024, growing at a CAGR of around 6% during 2018-2024.
The emergence of connected and autonomous cars is propelling the demand for LED interior lighting systems and ambient lighting systems, thereby transforming the global automotive interior lighting system market. Factors such as power efficiency, high performance, and a longer lifespan will drive the demand for LED light systems in the global automotive interior lighting market. The installation of ambient and interior lighting systems is helping manufacturers offer an optimal driving experience to consumers in the global automotive interior lighting market.
Interior lighting can be divided into four segments: roof console, reading lights, car body lighting, and ambient lighting.
This year’s Automotive Interior Expo, recently held in Stuttgart, confirmed the growing importance of interior lighting which is no longer in the car just to help find things in the dark; now it’s central to creating ambiance, providing information, generating alerts, and personalising the cabin according to vehicle occupants’ personal choices. All in all, lighting is playing an increasingly important role in the comfort and safety of everyone inside the car.
DVN will publish end of the year an updated report on automotive lighting including last information from congresses and visit to OEMs and their suppliers.
