2018 Car lighting output value will reach $ 2.5 billion

Currently headlight design needs, and gradually move towards small size, shape changing needs, such as appearance, LED light source has gradually shifted from the traditional bulbs. Global automotive LED market (pre-installed and aftermarket sum) output could reach 2.5 billion dollars in 2018, 2014-2018 compound annual growth rate of about 9 percent, including automotive LED market before loading output will reach 1.902 billion dollars while automotive aftermarket LED for output will reach 620 million US dollars.

2018 Car lighting output value will reach $ 2.5 billion

  Amazing distance lamp with LED lighting to grow in car

LED lighting in the car market is stable development, including daytime running lights and lamps growth optimum distance, the main reason is that the high-power LED technology upgrade, along with falling prices of LED, LED lighting makes the car a gradual shift from high-end cars to the end of the car models, ENELTEC estimated LED lights and fog in the distance applications market value will reach 313 million US dollars in 2018, 2014-2018 compound annual growth rate of 48%.

  Car LED panel dosage gradually into the growth stage

GPS and other car dashboard with the rapid growth of demand for panels, LEDinside estimated vehicle panel LED output from the 071 million dollars in 2014 to grow to 130 million in 2018 dollars. In 2014 the proportion of the world’s new car is equipped with a panel in the standard car already has 9%, estimated in 2018 will reach 14%, in the case of the gradual growth of the traditional IT backlight recession, car panel backlight applications become LED plant contested.