Why is the automotive LED market huge?

Why is the automotive LED market huge?

In recent years, China's car ownership has continued to grow. On the one hand, the increase in residents' income has brought new demand for car purchases, and consumer groups have gradually expanded from first-tier cities to second- and third-tier cities. On the other hand, with the increase in car ownership, consumers' demand for car replacement has also increased year by year. Driven by the development of the automobile industry, the auto parts industry is showing a trend of rapid growth.

Car lights are one of the key components of automobiles that integrate lighting, information exchange and appearance beautification. In recent years, the global consumer demand for car lights has grown steadily. In 2017, the global automotive lamp market reached 23.9 billion U.S. dollars, and demand reached 855,000. As of the end of 2017, the number of motor vehicles in China has reached 310 million, of which the number of cars is 217 million, and the number of cars per 1,000 people exceeds 100. With the continuous increase in the number of cars in my country, there is a lot of room for improvement in the automotive lamp market.

Xenon lamp is a gas discharge lamp with the advantages of higher color temperature and more concentrated lighting. In addition, the xenon lamp saves more power. Xenon lamp lighting requires a high-voltage trigger to increase the voltage of 12V to 32000V immediately. Compared with halogen lamps and LED lamps, xenon lamps must be used with high-voltage triggers. At the same time, the entire installation is more difficult, and various color temperature matching is required.

LED lights are solid-state semiconductor devices that directly convert electrical energy into visible light. The LED light source has high efficiency and long service life, basically reaching 50,000 hours. The LED components have good impact resistance, shock resistance and durability; small size, compactness and easy layout and design; lighting only needs microseconds, fast response speed; brightness Low attenuation; low-voltage direct current can be driven, small load, weak interference, low requirements for the use environment, and good adaptability.