Research consultancy Technavio released the latest report on the global automotive LED lighting market and analyzed the major trends in the global automotive LED lighting market from 2016 to 2020. Technavio analyzed three emerging trends that could significantly impact the global automotive LED lighting market and cause market volatility.
In 2020, the global automotive LED lighting market is expected to exceed $7 billion, with a compound annual growth rate of over 18%. The explosive growth of the global automotive LED lighting market can be attributed to: lighting manufacturers strive to provide automotive manufacturers with efficient, reliable and affordable LED lights.
Technavio auto parts analyst Vinay Hirakki said: "The introduction of innovative technologies to improve vehicle safety and performance and the decline in auto parts prices will help stimulate sales of automotive LED lighting products. Manufacturers are also developing high-quality LEDs for accessory vehicles. light."
The three emerging trends that the Technavio Automotive Research Analyst has concluded affecting the global automotive LED lighting market are as follows:
LED technology innovation
Vendors are using semiconductor technology to develop cost-effective advantages for customers developing next-generation LED platforms with higher lumens per dollar.
High-quality, high-end LED headlamps help to enhance road safety and provide better visibility when driving. LED headlamps reduce energy consumption and carbon dioxide emissions by reducing heat, and also enhance the car's aesthetic. LED headlamps have a lifetime of more than 25,000 hours.
LED technology innovations promote the development of organic light-emitting diodes (OLEDs), which offer new opportunities for lamp and luminaire design. OLED lamps can create homogeneous illumination without glare and no transmission shadows, suitable for signal lights, taillights and indoor lighting.
Environmental lighting is becoming more and more popular
Ambient lighting is mainly used for interior decoration and aesthetics of automobiles. This concept was introduced in the luxury car of 2007 and has been extended to low-cost models.
Ambient lighting is achieved by installing light pipes and apertures, LED pinlights in the car. The diffuser lens is attached to the car's console, door panel, dashboard, and mount. As more and more car enthusiasts tend to customize themselves, the system's after-sales sales are increasing.
“Environmental lighting illuminates the necessary functions in the dark to facilitate the driver. End users can control the intensity and color of the car's lighting. Therefore, environmental lighting will promote the market during the forecast period,†adds Vinay Hirakki.
Laser and OLED lighting development
Laser and OLED lamps are the most advanced lighting technologies for automotive applications. However, due to its high cost, laser and OLED lights are mainly limited to luxury cars. Based on the technology is still in its infancy, the application will increase in various models during the forecast period, as suppliers introduce low-cost OLED lamps and laser lamps in various vehicles.
Laser lighting is a relatively new trend in the automotive industry. The function of the laser light consists of transmitting a blue laser to a diode to scatter white light. The size of the laser light is nearly 10 times smaller than the size of the LED light. Compared to current products on the market, laser lamps have a strong brightness and a longer range. This allows manufacturers to use this technology to reduce bulb size without compromising light intensity.
Laser lighting provides improved visibility to improve road traffic safety. For example, BMW uses laser headlamp technology in its i8 model. Technavio expects that this technology will also be used in other vehicles, and laser lighting will drive market growth during the forecast period.
Top companies in the global automotive LED lighting market surveyed by Technavio analysts include: Hella, KOTTO, MagneTI Marelli and Valeo.
The Aluminum Alloy Creative Notebook Stand is stable and durable, stable and does not shake. Laptop Stand Ergonomic bone is supported by an aluminum alloy triangle-shaped stable structure, which has a strong load-bearing capacity and can easily carry 100 g items, and Laptop Stand Holder is stable and not easy to damage.
Aluminum Alloy Laptop Bracket,Laptop Stand To Keep Cool,Dell Laptop Vertical Stand,Aluminium Alloy Notebook Stand
Shenzhen ChengRong Technology Co.,Ltd. , https://www.laptopstandsupplier.com