2020 LED car lights will be up to 20% of the city

According to the Dongguan Strategic Emerging Research Institute for LED lighting research results show that the current automotive lighting market share of 17% of the market share, LED accounted for only 6%, and the rest of the majority of the use of halogen lamps. In the current market situation, the halogen lamp cost-effective, more suitable for low price models.
But with the sustained and rapid growth of China's macro economy, and people's living standard is steadily improved, great potential purchases will gradually become stimulating the rapid growth of the auto industry of our country power, 2013, China's auto market sales exceeded 20 million, continued to maintain growth, and continued the four years to maintain the car sales of the world's first position. Is expected by 2020, more than 25 million passenger car sales. High end car sales have increased significantly, which will drive the development of supporting parts industry. LED is expected to become the mainstream trend of future automotive lighting, 2020 LED global market holdings will reach 20% or more.