Automotive Ambient Lighting Module Market
Automotive Ambient Lighting Module Market Size and Growth
The Automotive Ambient Lighting Module market is experiencing significant growth, driven by rising consumer demand for enhanced in-vehicle experiences. Valued at approximately $1.5 billion in 2023, the market is projected to expand at a CAGR of 8% over the next five years, fueled by advancements in automotive technology and increased customization options.
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Companies Covered
(Covid 19 Impact Covered)
◍ Hella
◍ TE Connectivity
◍ Federal Mogul
◍ Osram
◍ Grupo Antolin
The automotive ambient lighting module market features companies like Hella, TE Connectivity, Federal Mogul, Osram, and Grupo Antolin. These firms enhance vehicle aesthetics and safety with innovative lighting solutions, driving market growth. Hella reported €7.0 billion, Osram €3.60 billion, and TE Connectivity $14.5 billion in sales, contributing significantly to the sector.
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Market Segmentation
By Application
Sedan
SUV
Others
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By Product
OEM Product
Aftermarket Product
Market Growth
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$ X Billion USD
