According to the classification of light sources, the types of automotive headlights on the market today can be roughly divided into four types: halogen lamps, xenon lamps, LED lamps, and laser lamps. The kerosene lamp, acetylene lamp, and incandescent lamp were originally used. Since the development of LED car headlamps from the late 1990s to the present, due to their more energy-saving and environmental protection, the brightness is even higher. Although there are more applications in high-end brand models, the low-end and mid-end models have less market application and have broad market prospects.
According to the Industrial Research Institute’s “2018 LED Automotive Lighting Industry Market Research Report,” data show that at present the overall penetration of China’s LED car lighting is still low, but the LED penetration rate is increasing year by year, different parts of the automotive lamps, LED permeability is very different .
It can be seen that the high-level brake light and the rear combination light LED have the highest penetration rate; at the same time, since the far and near headlights, fog lights and other lamps have functional requirements, heat dissipation and optical difficulties, the penetration rate is the lowest, LED car lighting is far/near. The light market still has a huge LED penetration space.
At the same time, from the perspective of output value, the LED output value outside the car market is much larger than the LED market output value in the car, and the market share outside the car will be higher and higher in the future. The main reason is that the current market penetration of LED interior lighting has been higher, the price decline speed is greater than the growth rate, while LED exterior lighting such as fog lights, far and near lights maintain a faster growth rate.
Being attracted by the huge automotive lighting market, many domestic LED companies have also launched LED auto lighting market. However, in China’s automotive lighting supply chain, from the device, to the module, to the lights, joint ventures and foreign companies have occupied most of the market share. It is only a handful for local manufacturers to enter the market.