LED automotive lighting status
LED automotive lighting status
At present, the competition in the LED market is becoming more and more fierce. Many manufacturers have begun to seek new development areas, and automotive lighting is known as the new blue ocean of the LED lighting market, and LED manufacturers have entered the market. Relatively speaking, automotive lighting can stand out in many LED applications because of its large market size and high product added value.
The gross profit of automotive LED lighting products is 3-5 times that of ordinary LED products. This market segment has attracted more domestic and foreign companies to get involved. However, this huge market cake is divided by foreign companies, or companies with foreign background and leading edge in innovative technologies, which are mainly in Europe, America and Taiwan. Due to technical limitations, many LED lighting companies in mainland China do not have many enterprises involved in the automotive lighting business, and the scale is not large.
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