Global automotive LED lighting market is expected to grow to 2.13 billion US dollars in 2020

According to the analysis, the global automotive lighting LED market output in 2015 reached 1.21 billion US dollars, in 2020 is expected to grow to 2.13 billion US dollars. One of the headlight module (far and near light) LED package of single output value of the highest growth rate. LED packaging power to look at the output value changes, low power will shrink in the next five years, while the high power is growing fast. LED headlamp output in 2015 only 40% of the car outside the lamp, but with the increase in permeability, 2016 will begin to pull up sharply, more than the overall car outside the 50% output value.

Global automotive LED lighting market is expected to grow to 2.13 billion US dollars in 2020

In addition, in the Chinese market, the development of electric vehicle demand and the gradual maturity of the product will drive the automotive LED output value increase. In the manufacturer and supply chain part, the international first-line LED suppliers are gradually reducing the proportion of the backlight and lighting market, in favor of vehicle and other niche applications. Currently installed in China before the market, LED suppliers are still dominated by international manufacturers, but the Chinese manufacturers in Taiwan are from the tail lights and other applications to gain a firm footing, and gradually penetrate. While the Chinese mainland manufacturers are trying to cut into the market from the back.