Market Insights
Automotive interior ambient lighting is increasingly popular in the overall automotive industry. Due to the high added aesthetic value to the vehicle, consumers also have an emotional view towards installing ambient lighting in their vehicles. Ambient interior lighting also ensures driver safety as it enhances the effective visibility of the dashboard and other control systems for drivers in low-light of low visibility. Subsequently, automobile manufacturers incorporate ambient lighting as a differentiator for their vehicles.
Ambient lighting has primarily dominated high-end luxury cars for several years. These lighting systems are typically installed on luxury automotive vehicles’ instrument panels, door panels, and roof liners. Nevertheless, due to the decline in lighting prices coupled with the demand for more aesthetic and attractive interiors, the trend is increasingly being followed across different classes of vehicles.
Automotive interior ambient lighting systems are intended to deliver appropriate brightness, which increases the overall aesthetic value of the automotive interior along with driver visibility and safety. The market is largely driven by the rising demand for aesthetic lighting and the ever-rising automotive industry. With the advent of technologically advanced lighting systems (e.g., touch-free lighting), the overall market is estimated to continue witnessing strong growth in the coming years.
The report titled “Global Automotive Interior Ambient Lighting Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023” offers strategic insights into the global automotive interior ambient lighting market along with the market size and estimates for the duration of 2013–2023. The said research study covers an in-depth analysis of multiple market segments based on technology, applications, vehicle class, and a cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for 2015–2023. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing an analysis of consumer behavior toward automotive interior ambient lighting.
To help strategic decision-makers, the report also includes competitive profiling of the leading automotive interior ambient lighting manufacturers, their SCOT (Strengths, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments. Some of the major players profiled in the report are HELLA KGaA Hueck & Co., OSRAM Licht AG, Koito Manufacturing Co., Ltd., NXP Semiconductors N.V., MagnetiMarelliS.p.A., Melexis Microelectronics Systems, Valeo, AGM Automotive, Stanley Electric Co., Ltd., and others.
Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the automotive lighting industry
- Market fuelers, market impediments, and their impact on market growth
- in-depth competitive environment analysis
- Trailing 2-year market size data (2013–2015)
- SRC (Segment, Region, Country) Analysis
Overall, the research study provides a holistic view of the global automotive interior ambient lighting market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.
The global automotive interior ambient lighting market is segmented, based on lighting technology, into the following categories:
- Halogen
- Light-Emitting Diodes (LED)
- Xenon
As of 2015, the LED segment dominates the overall automotive interior ambient lighting market in revenue and adoption. The segment is followed by the halogen and xenon lighting major due to their low costs as compared to LED lighting. The automotive industry has experienced various milestones in lighting technology. Amongst various lighting technologies, LED is one of the most attractive and durable lighting systems used for interior as well as exterior areas of vehicles.
Due to the declining prices of LED lights coupled with sophisticated designs, the segment has been witnessing a substantial rise in overall adoption. The LED lighting segment is estimated to register the highest growth rate in the coming years. These lights offer high energy savings and have a longer life compared to various other lighting systems. This is the prime factor responsible for the high estimated penetration of LED in the coming years. LED lighting systems are capable of delivering appropriate brightness and, hence, offer visibility and safety to the driver.
The global automotive interior ambient lighting market has been segmented on the basis of geographical regions, as per the following regions and countries:
- North America
- Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
The senior population is growing with the rising global population, and the rising patient base suffering from sleep disorders such as obstructed sleep apnea (OSA) and respiratory diseases such as chronic obstructive pulmonary disease (COPD) has been a major growth driver that has urged the advent of the anaesthesia and respiratory devices markets. In the next few years, the demand for anaesthesia and respiratory devices will increase significantly in emerging economies such as China and India.
The device types studied for the overall anaesthesia and respiratory devices market analysis are anaesthesia devices and respiratory devices. The anaesthesia dice are segmented into anaesthesia machines, monitors, vaporizers, analgesic machines, anaesthetic masks, and anaesthetic accessories. The respiratory devices are segmented into humidifiers, resuscitators, breathing circuits, CPAP devices, CPAP masks, oxygen concentrators, nebulizers, ventilators, inhalers, tracheostomy tubes, oxygen cannulae, capnography, and spirometers. Market size and forecast for each of these segments for 2014–2022 are provided in this study, along with respective CAGRs for the forecast period 2016–2022.
Geographically, the anesthesia and respiratory devices market is studied for the following regional markets:
The market size and forecast for these regional and country-level markets are presented in this study for the period 2014–2022. In addition, market growth rates for the forecast period 2016–2022 are also included in this report, considering 2015 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global anesthesia and respiratory devices market. Furthermore, tools such as the market positioning of key players and an attractive investment proposition provide the readers with insights into the competitive scenario of the global anesthesia and respiratory devices market. This report concludes with a company profiles section highlighting major information about the key players engaged in the anesthesia and respiratory market.
Based on the type of device, the global anesthesia and respiratory devices market is segmented as follows:
- Anesthesia Devices
- Anesthesia Machines
- Anesthetic Monitors
- Anesthetic Vaporizers
- Analgesic Machines
- Anesthetic Masks
- Anesthetic Accessories
- Respiratory Devices
- Humidifiers
- Resuscitators
- Breathing Circuits
- CPAP Devices
- Masks
- Oxygen Concentrators
- Nebulizers
- Ventilators
- Inhalers
- Tracheostomy Tubes
- Oxygen Cannulas
- Capnography
- Spirometers
Anesthesia machines are commonly used in all types of surgeries. They are designed to provide an accurate and continuous supply of medical gases mixed with anesthetic vapors, delivered to the patient at a safe pressure and flow. Respiratory devices help remove mucus from the respiratory airways, thereby improving pulmonary function. The global anesthesia and respiratory devices market has been segmented into anesthesia devices and respiratory devices. The anesthesia and respiratory devices market has experienced a promising growth rate over the past few years. Respiratory devices lead the market compared to anesthetic devices due to their wide applicability.
Furthermore, increased healthcare expenditure has shifted patients’ preferences from hospital care to home care, thus increasing demand for home healthcare monitoring devices. In addition, the rising patient base suffering from sleep disorders such as obstructed sleep apnea (OSA) and respiratory diseases such as chronic obstructive pulmonary disease (COPD) has been a major growth driver for the respiratory devices market segment. On the other hand, anesthesia devices are growing faster due to the increased number of planned surgeries and the growing demand for minimizing anesthesia-related risks to both healthcare personnel and patients. Furthermore, introducing low-priced and multi-featured devices would further drive the market for anesthesia devices during the forecast period.
The geographical segmentation of the global anesthesia and respiratory devices market comprises North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. In 2015, North America accounted for the most extensive anesthesia and respiratory devices market due to the rising number of patients suffering from respiratory diseases and COPD in the region. In the U.S., around 12 million people suffer from COPD. The aging population, increasing number of outpatient surgeries, and availability of reimbursement for anesthesia and respiratory devices drive demand in the U.S. market.
Moreover, technology innovation, continuous research and development, and the sophisticated healthcare infrastructure in the region have also acted as drivers for the growth of the anesthesia and respiratory devices market. Asia Pacific is expected to grow at the highest rate during the forecast period due to its population and geriatric population. Moreover, rising healthcare awareness and the high unmet needs of people, as well as the large pool of patients suffering from respiratory diseases such as obstructive sleep apnea (OSA) and chronic obstructive pulmonary disease (COPD), have contributed to the high prevalence of respiratory diseases. In addition, rising investments by the major medical device manufacturers in the region would further fuel the growth of anesthesia and respiratory devices.
As of 2015, the automotive interior ambient lighting market worldwide was dominated by the Asia Pacific region. The segment contributed to over one-third of the total revenue generated in 2015. The most significant factor contributing to the large revenue share is the huge automotive industry in the region. The market here is largely governed by China, Japan, South Korea, and some Southeast Asian countries. India, too, is becoming lucrative for the automotive interior ambient lighting market due to the rising penetration of high-end cars in the country.
Europe and North America followed Asia Pacific in terms of revenue in the global automotive interior ambient lighting market. Europe comprises a large number of automotive lighting manufacturers, thereby supporting the market’s growth. The region is home to leading companies in overall automotive lighting, such as OSRAM, Hella, and others. Nevertheless, Asia Pacific is estimated to retain its dominant position in the market throughout the forecast period.FIG. 1: Global Automotive Interior Ambient Lighting Market: Research Methodology
The global automotive interior ambient lighting market is segmented, based on the vehicle class, into the following categories:
- Passenger Vehicles
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
The overall automotive interior ambient lighting market is led by the passenger vehicle segment, contributing more than 50% of the total market revenue. Automotive interior ambient lighting is predominantly used across high-end vehicles to enhance the aesthetic value and class of the vehicles. Due to the rising purchasing power of people worldwide, the demand for medium and high-end passenger cars has been witnessing robust growth for the past few years.
Car manufacturers are now focused on providing attractive interiors in high-end and medium-end cars. Similarly, there can be observed a trend among consumers towards buying aesthetic aftermarket accessories (including lighting) for enhancing the overall vehicle interior. Consequently, the passenger vehicle segment will continue dominating the market throughout the forecast period.
