Londa's LED Increased with More Automotive Lighting Market
2020/01/16 | ByIn 2018, European and American international car manufacturers have automatically turned on the daytime running light function in new-style cars to reduce the accident rate. However, the trend of LED lights has become a major trend. In addition, active steering in advanced driver assistance systems (ADAS) Both headlights (AFS) and auto-adjustable headlight systems (ADB) have introduced LEDs one after another, so they also drive the penetration of LED lights in vehicles.
According to Lin Zhengxian, an industry analyst of the Optoelectronics Association, the strongest growth force in 2020 is the headlights, fog lights and brake lights of the aftermarket (AM). Lin Zhengxian further believes that under the unified specifications of product dimensions, connectors and traditional light sources, the lamp maintenance market will drive users' willingness to replace LED headlights. According to foreign media estimates, the global automotive LED output value will be 7 billion U.S. dollars in 2020, with a compound annual growth rate of 18% from 2019 to 2023. This is also the main reason why Taiwan LED manufacturers have actively entered the automotive market in recent years.