Market Forecast By IC & Electric Vehicle (BEV, FCEV, PHEV), By Application (Footwell, Door, Dashboard, Center Console), By Passenger Car (C, D, E & F), By Component (Dashboard, Footwell, Doors, Center Console, Others) And Competitive Landscape
Product Code: ETC4578085 | Publication Date: Jul 2023 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | India Automotive Ambient Lighting Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 6% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Type, By Ownership |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
India Automotive Ambient Lighting Market report thoroughly covers the market by IC & electric vehicle, by application, by passenger car, and by component. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Automotive Ambient Lighting Market is anticipated to witness substantial growth in the country over the coming years on the back of growing consumer preference for luxury & premium features, increasing spending on automobile customization, and increasing integration of smart lighting. Furthermore, Indian consumers are increasingly looking for premium and updated features in their vehicles. Ambient lighting is seen as a luxury & premium feature, which enhances the interior aesthetics and driving experience. Additionally, with the growing Indian economy, affluence among consumers is also increasing, resulting in an increased demand for luxury vehicles integrated with advanced ambient lighting systems.
According to 6Wresearch, the India Automotive Ambient Lighting Market size is anticipated to rise at a CAGR of around 6% during the forecast period 2023-2029. The market growth is driven by customers who are increasingly seeking customizable options to make their vehicles look more aesthetic and unique. Ambient lighting enables personalization, leading to a positive impact on the market growth. Interior comfort and aesthetics are gaining popularity in the automotive industry. Ambient lighting provides a soothing and comfortable atmosphere within the vehicle, attracting to consumers looking for a relaxing driving experience. Integration of Smart Lighting that is controllable via smartphone apps and voice commands that enable users to customize the lighting to their preferences. Automotive manufacturers are integrating energy-efficient lighting solutions to decrease the power consumption of ambient lighting, aligning with the need for eco-friendly and fuel-efficient vehicles. These are some ongoing trends estimated to boost the India Automotive Ambient Lighting Market growth over the coming years.
The pandemic affected the global supply chains, causing delays in the availability of automotive components, including ambient lighting systems. Manufacturing facilities in various countries faced many challenges like temporary closures and reduced production capacity, affecting the supply of components to Indian automakers. Due to economic uncertainties, consumer spending was affected as consumer spending patterns changed. Many consumers delayed their vehicle purchase decision and were looking for more affordable models, which may not have advanced featured ambient lighting systems. All these measures had impacted the India Automotive Ambient Lighting Market which is a part of Asia Pacific Automotive Ambient Lighting Market.
India Automotive Ambient Lighting Market is growing positively in the country with the support of government favorable schemes and policies. Bharat Stage (BS) Emission Standards, under which the government has implemented stringent BS emission regulations to decrease GHG emission released by vehicles. Being focused on emission control, it indirectly impacts vehicle design and technologies, which include the integration of energy-efficient ambient lighting. Safety Regulations have been introduced to improve automotive safety standards. While these regulations primarily emphasize on safety features like airbags and anti-lock braking systems (ABS), they also impact vehicle design, including the arrangement of controls and displays that may influence ambient lighting placement and vehicle design.
Some of the prominent players operating in the market are mentioned below:
The above mentioned players are thriving the market growth by offering dynamic ambient lightings. integrated with advanced features.
According to Dhaval, Research Manager, 6Wresearch, BEVs are likely to gain momentum in the market owing to their eco-friendliness and the government's push for electric mobility. BEVs often integrated with advanced technologies, including ambient lighting systems.
Based on the application, footwell lighting is oftenly used more as an option in many vehicles across different price points owing to its ability to create a relaxing and visually pleasing ambiance in the cabin.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Ambient Lighting Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Ambient Lighting Market Revenues & Volume, 2019 & 2029F |
3.3 India Automotive Ambient Lighting Market - Industry Life Cycle |
3.4 India Automotive Ambient Lighting Market - Porter's Five Forces |
3.5 India Automotive Ambient Lighting Market Revenues & Volume Share, By IC & Electric Vehicle, 2022 & 2029F |
3.6 India Automotive Ambient Lighting Market Revenues & Volume Share, By Application, 2022 & 2029F |
3.7 India Automotive Ambient Lighting Market Revenues & Volume Share, By Passenger Car, 2022 & 2029F |
3.8 India Automotive Ambient Lighting Market Revenues & Volume Share, By Component, 2022 & 2029F |
4 India Automotive Ambient Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Automotive Ambient Lighting Market Trends |
6 India Automotive Ambient Lighting Market, By Types |
6.1 India Automotive Ambient Lighting Market, By IC & Electric Vehicle |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Ambient Lighting Market Revenues & Volume, By IC & Electric Vehicle, 2019 - 2029F |
6.1.3 India Automotive Ambient Lighting Market Revenues & Volume, By BEV, 2019 - 2029F |
6.1.4 India Automotive Ambient Lighting Market Revenues & Volume, By FCEV, 2019 - 2029F |
6.1.5 India Automotive Ambient Lighting Market Revenues & Volume, By PHEV, 2019 - 2029F |
6.2 India Automotive Ambient Lighting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Ambient Lighting Market Revenues & Volume, By Footwell, 2019 - 2029F |
6.2.3 India Automotive Ambient Lighting Market Revenues & Volume, By Door, 2019 - 2029F |
6.2.4 India Automotive Ambient Lighting Market Revenues & Volume, By Dashboard, 2019 - 2029F |
6.2.5 India Automotive Ambient Lighting Market Revenues & Volume, By Center Console, 2019 - 2029F |
6.3 India Automotive Ambient Lighting Market, By Passenger Car |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Ambient Lighting Market Revenues & Volume, By C, 2019 - 2029F |
6.3.3 India Automotive Ambient Lighting Market Revenues & Volume, By D, 2019 - 2029F |
6.3.4 India Automotive Ambient Lighting Market Revenues & Volume, By E & F, 2019 - 2029F |
6.4 India Automotive Ambient Lighting Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 India Automotive Ambient Lighting Market Revenues & Volume, By Dashboard, 2019 - 2029F |
6.4.3 India Automotive Ambient Lighting Market Revenues & Volume, By Footwell, 2019 - 2029F |
6.4.4 India Automotive Ambient Lighting Market Revenues & Volume, By Doors, 2019 - 2029F |
6.4.5 India Automotive Ambient Lighting Market Revenues & Volume, By Center Console, 2019 - 2029F |
6.4.6 India Automotive Ambient Lighting Market Revenues & Volume, By Others, 2019 - 2029F |
7 India Automotive Ambient Lighting Market Import-Export Trade Statistics |
7.1 India Automotive Ambient Lighting Market Export to Major Countries |
7.2 India Automotive Ambient Lighting Market Imports from Major Countries |
8 India Automotive Ambient Lighting Market Key Performance Indicators |
9 India Automotive Ambient Lighting Market - Opportunity Assessment |
9.1 India Automotive Ambient Lighting Market Opportunity Assessment, By IC & Electric Vehicle, 2022 & 2029F |
9.2 India Automotive Ambient Lighting Market Opportunity Assessment, By Application, 2022 & 2029F |
9.3 India Automotive Ambient Lighting Market Opportunity Assessment, By Passenger Car, 2022 & 2029F |
9.4 India Automotive Ambient Lighting Market Opportunity Assessment, By Component, 2022 & 2029F |
10 India Automotive Ambient Lighting Market - Competitive Landscape |
10.1 India Automotive Ambient Lighting Market Revenue Share, By Companies, 2022 |
10.2 India Automotive Ambient Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |