LED industry trends: new blue ocean car LED Market

2013 car manufacturers have invested money to promote LED car lighting market.

Following LED road lighting, LED commercial lighting, LED home lighting, LED plant lighting, LED car lighting has become another booming segment of the current LED industry.

LED industry trends: new blue ocean car LED Market

In the current LED car market, LED car lighting penetration of about 10-15%, is expected to reach 70% penetration rate in 2015, its development trend should not be underestimated. In view of such a huge market space, in 2013 car manufacturers have invested money to promote LED car lighting market.

Major companies have started to layout the higher gross margin, the entry threshold is high the blue sea vehicle LED market, but limited to the product competition has just begun, the vehicle is considered as the top secret LED layout.