How big is the car LED market, see the data will know!

It's all to care for the "nature", LED manufacturers certainly is "wise", seeing the expansion of industry competition, the situation will have to niche applications. Now they have begun to find that the field of automotive LED seems to be one of the few volumes and prices can maintain the blue ocean market.

As long as there is a place where the car, there is the use of automotive lighting - we want to know how the car LED in the end will be a kind of blue ocean market, may wish to start from the current overview of the automotive market. According to Roland Begg recently released "global automotive supplier" research report can be learned: the next two years of global light vehicle production is expected to continue to rise, but the growth rate will fall sharply. Europe will maintain a "low level", Japan will "decline", the North American Free Trade Area will "moderate growth", the Chinese market will remain the only major growth momentum. In fact, there are related survey shows that in 2015 the Chinese car market has also slowed down from the past two digit annual growth rate of up to 3%. Global automotive market as a whole is only 1.6% growth in 2016, although the situation is not optimistic, but it will continue in 2015, a slight growth trend, an increase of about 4%. SUV, car market will continue to maintain strong momentum. In addition, 2014-2016 years, the new energy vehicles opened a explosive growth period, 2015-2020 sales CAGR of 42%, in 2020 is expected to reach a new energy vehicle penetration rate of up to 4.5%. On the other hand, foreign media recently reported that the global automotive LED lighting market is expected to reach $7 billion by 2020, the annual compound growth rate of over 18%. Recalling the situation of China's auto market, from 17 billion 800 million yuan in 2010 all the way to the growth of the yuan in 2013 to $25 billion 500 million. In 2015, China car sales reached more than 31 million, according to this calculation, the corresponding matching lamp market will more than 35 billion yuan, the future will still have light material enterprises good growth space. Through the comparison of 2015 and 2020 car with LED lighting market value, dramexchange's LEDinside Research Manager Lu Lishun had also pointed out: in 2015 the global car lighting LED market value estimate of $1 billion 210 million, to reach $2 billion 290 million by 2020, a compound annual growth rate of 8%. The output value of the headlight module (far and near light) LED package is the highest, the annual compound growth rate of 11%. The car lighting lights, fog lights, including the direction and position of far and near light lamp, high power applications in the number of growth are higher than the annual price decline, driven by the output of a compound annual growth rate of more than 8%, and the permeability is lower than 15%, also reflects the future growth can be expected. According to its disclosure, in 2015 the total number of external lighting with LED reached 2 billion 790 million, is expected in 2020 there will be a total of 3 billion 670 million. Among them, the number of the LED package of the far and near light and position lamp is more than 15%, and the number of the LED module in the front light module is the highest, and the annual compound growth rate is up to 23%. In terms of market value of LED lighting in the car, in 2015 is expected to reach $605 million, and is expected to decline in 2020 to $603 million flat performance. At the same time, most of the LED is affected by the low power LED in the car, the whole car output value in the next five years, a negative growth, estimated annual growth rate of the annual output of the panel in the car was 3%. According to its introduction, the LED package in the low power of the three high power LED package, respectively, the change in the value of the output of the low power LED market in the next five years (2015-2020) within the rapid contraction (see below). With the gradual decline in the low power chip output in the LED package, the high power chips will show rapid growth, the future is expected to use LED applications will actively cut into the high power market.

Although estimated in 2020 with the market value of LED lighting in the car will have a downward trend, the car panel LED package will show contrarian growth. According to statistics, to benefit from the LED application panel will replace mechanical instruments, and with the increase in the size of the central control panel, you can expect the annual growth rate of 3% of the annual output of the panel in the car.

It is understood, currently in the car market, due to the replacement cost is very low, the halogen lamp is still a source of the most popular. However, halogen bulbs will produce about 2500 degrees of heat, so that the halogen lamp as the light source in the optical design will have some difficulties. HID gas light provides a wider level of space, as well as better energy efficiency. The results show that the high quality of the high-end LED car headlights will strengthen road safety, to provide better visibility, and can reduce energy consumption and carbon dioxide emissions, and improve the appearance of the car, its service life can be up to 25000 hours. However, it was also pointed out that, as a result of cost, technology and regulatory constraints, LED as a car headlight is not yet mature, at least in the next 35 years, the comprehensive can not replace the halogen lamp and hernia lamp. In this regard, recent large international technology research consultancy Technavio global automotive LED lighting market report that LED lights will continue with the development of technology innovation, strengthen the safety and performance, and is expected to gradually reduce the price, then the car sales of LED lamps will be gradually rising.

In addition, according to the survey of Technavio, used to decorate the car, increase the beauty of the car inside the car scene lighting, will become one of the trends in the global automotive LED lamps, manufacturers will also be the corresponding development