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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.
China's automobile production and sales rank first in the world. According to the statistics of China Association of Automobile Manufacturers, China's automobile production and sales last year were 19,217,800 and 19,390,400, respectively, an increase of 4.6 and 4.3 respectively, which drove the development of related auto parts industry. The growth rate of LED auto lighting is the sum of production and sales. 10 times.
According to research by the High-tech Industry LED Research Institute (GILL), the average growth rate of the domestic LED automotive lighting market before 2010 was 13, while the LED lamp market growth rate in the past two years was as high as 40 or more. Last year, the domestic automotive lighting market broke through 200. 100 million yuan.
At the same time, according to the Ministry of Industry and Information Technology, as of the end of 2015, automotive lighting needs to meet the carbon dioxide emission reduction targets. As a recognized representative of low-carbon and environmental protection, LED will naturally be included in the scope of automotive lighting upgrade and transformation, becoming the darling of automotive lighting, thus forming a market demand of tens of billions or even hundreds of billions, LED automotive lighting market prospects Can be expected.
However, this huge tens of billions of markets are divided by foreign companies, companies with foreign backgrounds and leading edge in innovative technologies, which are dominated by Europe, the United States 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.
Taiwanese companies have tried to focus on the mainland LED automotive lighting market and gradually completed the transformation into this field. Of course, Taiwanese companies are the first to be promoted.
As the pillar of Taiwan's optoelectronic industry, LED light source has made important contributions to Taiwan's optoelectronic industry for many years. However, since 2010, the overcapacity cloud has begun to hang over the entire LED industry for a long time. Affected by this, the price of LED light sources has dropped sharply, and the gross profit margin of products has declined. Taiwan LED companies urgently need to find new ways for their own light source products.
Obviously, high-interest, high-threshold LED car lighting is in line with the needs of Taiwan's LED light source companies.
Last year, Taiwan's LED companies spurred a wave of transformation into automotive lighting. Including the old companies such as Jingdian, Yuyuan, AUO, Dongbei, etc., they have extended their business to international auto brands, and take advantage of the mainland labor cost to actively invest in the mainland to build factories and accelerate their own LED lighting. The pace of development in the field.
Some companies have achieved initial results in the automotive LED market. For example, Ronda, a subsidiary of AU Optronics, has started to use its brake products for car brakes; Dongbei is concentrated in the market for instrument panels and daytime running lights; and Yenyuan Optoelectronics regards the LED lighting market as a partner with the future. The differentiated market between Sanan accelerates the development of new products for LED automotive lighting.