The automotive LED industry will become the new blue ocean 2020 production value will reach 2.29 billion US dollars

The competition in the led industry has expanded, and manufacturers have turned to niche-type applications, while the LEDs for vehicles are the blue ocean market where both quantity and price can be maintained. According to the latest gold-level 2016 led supply and demand market trend report, the output value of the LED market for outdoor lighting is estimated to reach 1.21 billion US dollars this year. It is expected to reach 2.29 billion US dollars in 2020, with a compound annual growth rate of 8%. In addition, in the LED package, the output value of the low-power chip will gradually shrink, and the high-power chip will grow rapidly. It is expected that the LED application in the future will actively enter the high-power market.

The exterior lighting includes directional lights, fog lights, far and near lights and position lights. The growth in the number of high-power applications is higher than the annual price decline, driving the annual compound growth rate of output value to exceed 8%, and the penetration rate is less than 15%. The future growth can be expected. Among them, the headlamp module (near-light) led package has the highest growth rate of output value, and the annual compound growth rate is 11%.

This year, the total number of led lights for exterior lighting reached 2.79 billion, and it is expected that there will be 3.67 billion in 2020. Among them, the number of led packages of far and near lights and position lights is more than 15%, and the number of led modules in the headlight module has the highest growth rate, with a compound annual growth rate of 23%.

Most of the interior lights use low-power LEDs. As the low-power unit price continues to fall, the overall in-vehicle output is likely to show negative growth in the next five years. In addition, although the overall number of vehicles in the world has increased steadily, and the penetration rate of LEDs has increased, the growth rate has not caught up with the year-on-year decline in the unit price of LEDs, so that the output value shows negative growth. It is estimated that the LED market for interior lighting will reach 605 million US dollars this year and will fall to 603 million US dollars in 2020.

The only exception is the LED package on the inside panel, which has been growing against the trend. The original mechanical instrument has been replaced by the LED-related application panel, and the size of the central control panel has increased. The estimated annual growth rate of the interior panel is 3%.

Automotive LED new blue sea 2020 production value will reach 2.29 billion US dollars

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