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Automotive lighting market in 2016 will amount to 30.1 billion dollars

The 2015-11-23

According to the ReportsnReports"The 2015 global and Chinese auto lighting market report", according to a global and Chinese auto lighting market in 2015 is expected to reach the highest growth rate of 10.8% since 2010, to $28 billion, to 2016 will amount to $30.1 billion, up 7.5% from a year earlier.

Significant growth of auto lighting market for two reasons.One is LED significantly higher penetration.With falling LED chips, more and more factories using LED headlamps.In spite of reduced the price of the LED chip, LED headlamps cost is still higher than halogen lamps.In 2014, only about 4% of the headlamp using LED.Is expected to rise to 7% in 2015, and 15% in 2017 to 21% by 2020, due to more and more companies use LED to pursue emotional or beautiful.

Another reason is the use of the ADB/AFS technology.AFS share will reach 15% in 2015, ADB3 %, is expected to rise to 10% by 2020, to 25% in 2025.The application of the ADB will make headlights more complex and rising costs.In addition, the laser lights and OLED taillight technology is also gradually mature.Laser headlights share by 2025 will reach 15%, and the cost of the headlight is very high.

The global economic downturn, especially in the domestic economic slowdown, China's auto market's downward trend in the coming years will be extended, thereby slowing the development of the automotive lighting market.In addition, deflation is also very serious.From the industry point of view, the company is more and more dominant, income growth rate higher than with a small company.In automotive lighting market, for example, valeo expected growth rate at 19%, for the best performers in 2015, it won about 90% of Volkswagen passat B6 all orders and a third of audi's head lamp order.And its competitor hella's market share is shrinking.

2015 global and Chinese auto Lighting market report covering the following companies: Hella hela, Koito small si, Ichikoh city light, Stanley, Stanley, Valeo, Valeo Varroc wei rui ke, Automotive Lighting (Magneti Marelli) light system, Marilyn group TYC dike weixi, DEPO emperor treasure, Ta Yih Industrial big transportation industry, changzhou xing yu, jiangsu tong Ming, ZKW, meteor lights flourishing, South Korea SL, zhejiang tiancheng, Laster Tech, FIEM, nichia, Toyota synthesis, osram.

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