Global Luxury Car Ambient Lighting System Market to 2023 - Increasing Adoption of Configurable Ambient Lighting Systems

DUBLIN, April 23, 2019 /PRNewswire/ -- The "Global Luxury Car Ambient Lighting System Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The luxury car ambient lighting system market will register a CAGR of over 12% by 2023.

The increasing adoption of configurable ambient lighting systems is one of the key factors that will trigger the growth of the global luxury car ambient lighting system market. Technological advances such as the development of configurable ambient lighting systems have made luxury cars more intelligent and interactive.

Occupants can easily adjust the color and intensity of the light according to their needs with the help of this configurable ambient lighting systems. Therefore, ambient lighting has become an essential cosmetic feature in luxury cars as it makes a vehicle's interior luxurious, sportier, and visually appealing. Hence, the increasing adoption of innovative ambient lightning systems will drive the growth of the global luxury car ambient lighting system market during the forecast period.

Increasing adoption of configurable ambient lighting systems

One of the growth drivers of the global luxury car ambient lighting system market is the increasing adoption of configurable ambient lighting systems. The development of configurable ambient lighting systems has made luxury cars more intelligent and interactive.

Price fluctuation of raw materials

One of the challenges in the growth of the market is the price fluctuation of raw materials. Manufacturers found difficulties for maintaining the stock due to the price fluctuation of raw materials which lead to increase the operational cost. This will hinder the growth of the market.

Competitive Landscape

The market appears to be moderately concentrated and with the presence of a few market players. The manufacturers are focusing on introducing innovative ambient lightning systems in luxury cars with the help of the kaizen process.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

• DRXLMAIER Group
• FLEX Ltd.
• Grupo Antolin
• HELLA GmbH & Co. KGaA
• Valeo S.A.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY APPLICATION

• Comparison by application
• Executive luxury cars - Market size and forecast 2018-2023
• Super luxury cars - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• Europe - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

• Development of integrated comfort features in luxury cars
• Development of single-chip LIN-LED driver ambient lighting
• Integration of fiber optic ambient light into leather/
• vinyl surfaces

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive landscape

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• DRXLMAIER Group
• FLEX Ltd.
• Grupo Antolin
• HELLA GmbH & Co. KGaA
• Valeo S.A.
  

For more information about this report visit https://www.researchandmarkets.com/r/9hluhy

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