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Replacement demand for automotive LED lighting in China likely to take off in 2018

Replacement demand for automotive LED lighting in China likely to take off in 2018

By BizLED Bureau

Dec 26, 2017: Replacement demand for automotive LED lighting in the after-market is expected to grow significantly in 2018.

China new car sales increased from 23-24 million units in 2014 to 28 million units in 2016, and in 2017, it is expected grow to 29 million units. China-based major car manufacturers like Great Wall Motor, Changan Automobile, Geely Auto, JAC Motors and Zotye Auto have seen a rise in the combined market share from 20% in 2013-2014 to over 40% in 2016-2017. As a result, this would push growth in LED lighting for automobiles.

Replacement for LED lighting for vehicles sold over the past few years will also increade after-market demand for LED automotive lighting, mainly taillights, direction indicators and interior lamps, reports Digitimes.

Since OEM supply chains take a long time in product validation, it is mostly dominated by international manufacturers. For Taiwan-based LED manufacturers, it is difficult to enter OEM supply chains but easy to become after-market suppliers. For example, Everlight Electronics has begun manufacturing LED automotive lighting devices. Lextar Electronics has also begun shipments of LED automotive lighting modules for the after-market, and Edison Opto will start its shipment in 2018.

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