Increasing consumer preference for value-added features in vehicles that offer a fine balance of functionality and aesthetic appeal is primarily fueling the growth of automotive interior surface lighting market. A recently published report of Persistence Market Research (PMR) suggests that the global automotive interior surface lighting market will reach the US$ 5 Bn mark in 2029 end, witnessing a healthy CAGR during 2019 – 2029.
While luxury cars are experiencing a surge in demand in North America, Europe, and Asia Pacific, the demand for automotive interior surface lighting will continue to soar in the following years. End users are inclined towards spending more on maintaining high-end vehicle ambience, which would remain among the key factors boosting the demand for automotive interior surface lighting solutions.
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FACTS AT A GLANCE
Companies: Valeo SA, HELLA KGaA Hueck & Co, Toshiba Corporation, OSRAM Licht AG, Grupo Antolin, and Dräxlmaier Group
Coverage: All major geographies and key segments
Segments: Electric Vehicle Sound Generator Market Segmented By Passenger, Cars, LCVs, HCVs Vehicles
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
Persistence Market Research (PMR) recently published a study report on the global automotive interior surface lighting market. The report provides detailed valuation on key market dynamics such as drivers, trends, opportunities, and restraints, along with detailed information about the automotive interior surface lighting market structure. This market research report presents exclusive facts and figures about how the automotive interior surface lighting market will grow over the forecast period.
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Key indicators of market growth, such as value chain analysis, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in PMR’s study in a comprehensive manner. This information can help readers understand the quantitative development projections of the automotive interior surface lighting market over the forecast period.
The study is relevant for stakeholders in the automotive interior surface lighting market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the automotive interior surface lighting market can leverage the information and statistics presented in PMR’s research report.
The report includes facts & figures related to the macro as well as macroeconomic factors that are impacting the growth of the automotive interior surface lighting market. The study also offers actionable insights based on the future trends in the automotive interior surface lighting market. Furthermore, regional players and new entrants in the automotive interior surface lighting market can also use the information presented in this report to make business decisions and gain momentum in the market.
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