Technavio recently released a global market report on automotive LED luminaires, analyzing some of the key trends in the market.
It is understood that the global automotive LED lighting market will reach 7 billion US dollars by 2020, with a compound annual growth rate of over 18%. Lighting manufacturers are committed to producing efficient, reliable and affordable automotive LED luminaires.
According to Technavio analyst Vinay Hirakki: "Innovative technology has enhanced the safety and performance of LED lights, while also reducing the price, so this has increased the sales of automotive LED lamps. Manufacturers have also developed high-end LED decorative lamps for automobiles."
According to Technavio's research, the global automotive LED lighting market has the following three major development trends:
Innovative technology continues to evolve
Suppliers are using semiconductor technology to develop a new generation of LEDs that increase cost efficiency.
High-quality, high-end LED car headlights enhance road safety and provide better visibility. And these LED lights can reduce energy consumption and carbon dioxide emissions, while improving the appearance of the car, they have a service life of up to 25,000 hours.
Technological innovations have also contributed to the development of organic LED lamps, which offer new luminaire designs, and the organic LED lamps are evenly illuminated, do not flash or create shadows, and are suitable for use as signal lights, taillights and interior lighting.
In-car surround lighting is becoming more and more popular
The interior lighting can be used to decorate the interior of the car, adding to the beauty of the interior. This concept was introduced to high-end cars in 2007 and has now expanded to low-end cars. The interior lighting is mainly based on lamps, LED beam spotlights and diffuser mirrors. These lighting devices are installed in consoles, door panels, instrument panels and seats. More and more people are customizing interior lighting systems.
“In-car surround lighting is a must-have feature that provides convenience for the driver. The user can control the color and intensity of the lights in the car. Therefore, the interior lighting will stimulate the development of the lighting market,†Vinay said.
Development of laser and organic LED lights
Laser and organic LED lamps are among the most advanced technologies in automotive lighting. However, due to their high cost, only luxury cars are generally used. These technologies are still in the development stage, and as suppliers introduce low-cost organic LED lights and lasers, these technologies are expected to be used in all types of vehicles.
Laser lighting is a new trend in automotive lighting. They are ten times smaller than LEDs, have a high brightness, and are more widely used than on the market today. Laser lighting has prompted manufacturers to use this technology because it reduces the size of the tube without affecting brightness.
Laser lighting enhances visibility and improves road safety. For example, the headlights of the BMW I8 use laser technology. It is expected that other vehicles will adopt this technology in the future, thus stimulating the development of the market.
Leading suppliers to the automotive LED lighting market include: Hella, KOITO, Magneti Marelli and Valeo.
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