According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 Chinese Automotive Lighting Market Report- Passenger Car and Logistics Car Market Analysis, the quantity and market share of local car manufacturers in China have increased since 2017. The sales volume of domestic brands has grown annually as well. The product price levels from local car manufacturers have gradually approached to medium range. Although the license plate lottery measure reduced purchasing willingness, yet, as per capita income grew, car penetration will experience significant growth. Chinese conventional passenger car shipment volume in 2017 has reached 23.8 million units, and is expected to reach 25.5 million units in 2018.

(Image: Tesla)

LED Market Value and Trend in Conventional Passenger Car Market

The consumption of passenger vehicles in China has grown rapidly, and the penetration of LED in Chinese automotive market has also been significantly increased, which has led to the rapid development of the automotive lighting industry. The quantities of conventional passenger cars are huge, and its LED market value in 2022 is estimated to reach US$1.9 Billion, still the highest among major vehicle types.

In terms of exterior lighting, owing to the decrease of high power LED price, its market share has increased gradually. In 2022, the highest LED value will be generated by headlamp.

In light of interior lighting, automotive panel underwent rapid growth. The main reason was the new supply of Chinese panel manufacturers. In 2022, LED market value of interior panel will reach US$156 million.

LED Market Value and Trend in New Energy Passenger Car Market

Chinese new energy cars have developed quickly. Due to the maturity of battery and charging technology, besides the policies of joint venture automobile manufacturers’ introduction of new energy cars, the developing speed of new energy car has been affected. In terms of new energy passenger car, because each brand’s car type is more concentrative and the promotion strength is higher, the chance of LED introduction is the highest. Its LED market value in 2022 is estimated to reach US$95 Million, with a CAGR (2017-2022) up to 54%.

In exterior lighting, owing to the advanced technology of Chinese high/low beam, high/low beam prices in 2018 decrease dramatically. In addition, the quality and prices from China's own brand automotive enterprises have earned recognition on the market, also making the LED penetration rate grow quickly, reaching 14% in 2018.

In terms of interior lighting, product authentication of low-power LEDs in China has been conducted through after market since 2016. Since 2018, OE market has adopted local LEDs in low-power applications, making the growth in various applications become stable.

LED Market Value and Trend in Conventional Box Truck Market

Owing to the popularity of online transaction, the increase for the scale of e-commerce and the maturity of logistics industry, the demand for box truck has grown quickly. Adopting LEDs can enlarge brightness and life span of automotive lamps, and its overall LED penetration rate is higher than that of passenger car. The LED market value in box truck is estimated to reach USD 72 million in 2022.

Chinese Automotive Lamp Manufacturers

Chinese automotive lamp manufacturers can be majorly divided into joint-venture and local companies. Before, the largest joint-venture automotive lamp manufacturer was Shanghai Koito, which was the joint venture between Japan Koito and Huayu Automotive Systems. The company was wholly-owned by Huayu in September, 2017 and became the largest automotive lighting company in China with annual revenue of more than RMB 10 billion. It is estimated that the acquisition will be finished in the first half of 2018. In addition, the main joint venture and foreign auto lamp manufacturers in Chinese market also contain Hella, Koito, Valeo, Magneti Marelli, Stanley and Varroc TYC. The local OE lamp manufacturers include Xingyu, Jiangsu Tong Ming, Jiangsu Wenguang, Zhejiang Jiali, Zhejiang Tianchong, Ludebei, Liaowang and Anrui.

Chinese Automotive Module Manufacturers

Chinese auto lamp module brands with high visibility and universality are Sunlight and Laster. The two module manufacturers cover a wide range of customers including joint ventures and local car makers. Most foreign-funded and joint-venture auto lamp manufacturers cover module business. Besides, because the entry barrier of module production is not high, many Chinese lamp manufacturers also plan to invest the module production line. It is expected that the proportion of Chinese auto lamp manufacturers with self-production module will substantially increase in the future.

LED Package Manufacturers in the Chinese Market

It is concluded from revenue development that international manufacturers like OSRAM, Lumileds and Nichia still focus on OE market, while Taiwan-based and Chinese mainland manufacturers gradually improve revenue through aftermarket and performance market, while entering OE market through tail lights with good product sales.

(Image: Foton Ollin)

2018 Chinese Automotive Lighting Market Report- Passenger Car and Logistics Car Market Analysis
Release: 31 May 2018
Language: Chinese / English
Format: PDF
Page: 213

Chapter I 2018 Chinese Automotive LED Market Scale Analysis

 2018 Chinese Automotive Lighting Market Report- Definition
 2018-2022 Chinese Automotive Lighting LED Market Value Analysis

Part I Chinese Conventional Passenger Car Market
 Chinese Car Market- Conventional Passenger Car
 Chinese Conventional Passenger Car LED Penetration Rate Analysis- Exterior Lighting
 Chinese Conventional Passenger Car LED Penetration Rate Analysis- Interior Lighting
 Chinese Conventional Passenger Car LED Market Value- Exterior Lighting
 Chinese Conventional Passenger Car LED Market Value- Exterior Lighting- OE v.s. AM / PM Market
 Chinese Conventional Passenger Car LED Market Value- Interior Lighting
 Chinese Conventional Passenger Car LED Market Value- Interior Lighting- OE v.s. AM / PM Market

Part II Chinese New Energy Passenger Car Market
 Chinese Car Market- New Energy Passenger Car
 Chinese New Energy Passenger Car LED Penetration Rate Analysis- Exterior Lighting
 Chinese New Energy Passenger Car LED Penetration Rate Analysis- Interior Lighting
 Chinese New Energy Passenger Car LED Market Value- Exterior Lighting
 Chinese New Energy Passenger Car LED Market Value- Interior Lighting

Part III Chinese Conventional Box Truck Market
 Chinese Car Market- Conventional Box Truck
 Chinese Conventional Box Truck LED Penetration Rate Analysis- Exterior Lighting
 Chinese Conventional Box Truck LED Penetration Rate Analysis- Interior Lighting

Chapter II Automotive Lighting Products Design and Trend

 Six Key Factors of LED Automotive Module

Part I Passenger Car

1.1 Automotive Exterior Lighting Products Design and Trend
 Threshold for Entering Automotive Supply Chain
 Guidelines for Developing LED Automotive Lighting Module
 Development Process of LED Automotive Lighting Module
 Design of LED Automotive Lamps
 Development Trend of LED Automotive Lamps

1.2 Automotive Interior Lighting Products Design and Trend
 Dashboard/ Cluster
 CID
 Entertainment Display
 Head Up Display

1.3 Infrared Sensing in Automotive Market
 Car Sensor- Instant Driver Monitoring to Avoid Accident
 Driver Monitoring and Warning System Becomes the Developing Focus of Major Car Makers
 IR Market Share in Driver Monitoring and Gesture Control Panel
 Driver Monitoring and Gesture Panel Supply Chain Analysis
 Gesture Sensor in Exterior Automotive Market
 Infrared Sensor in Automotive Market– Applications

Part II Box Truck

 Box Truck Market Trend
 Definition of Box Truck
 Light Sources of Box Truck
 Design Trend of LED Products for Box Truck
 LED Average Usage Trend of LED Application in Box Truck during 2018-2022

Chapter III Policy and Industry Regulation

 Double Integral Policy for New Energy Vehicle
 Subsidy Policy for New Energy Passenger Vehicle and the Trend
 Subsidy Policy for New Energy Logistics Vehicle and the Trend
 Strategies of Chinese New Energy Logistics VehicleLaws & Regulations and Threshold for Automotive OE Products
 Reliability Testing Standard for Automotive Products
 Chinese Automotive Original Equipment Market Requirements
 Chinese Automotive Original Equipment Market Standards
 Chinese Automotive Aftermarket Demand- Two U.S. Certification Organizations Enter the Chinese Market
 Chinese Auto Lamp Certification Requirements
 Auto Lamp Market Optical Regulations and Characteristics – High/low Beam, Front Fog Light, DRL

Chapter IV Chinese Automotive Lighting Supply Chain Analysis (Passenger Car)

 Top Ten Automobile Manufacturers Supply Chain- Joint Venture Manufacturers
 Top Ten Automobile Manufacturers Supply Chain- Wholly-Owned Manufacturers
 Automobile Supply Chain- From Perspective of Module Manufacturers
 Local Manufacturers Actively Build Automotive Value Chain

Chapter V Automotive Module and Lamp Players

26 Automotive Module and Lamp Players Company Profile
 Revenues (Global or China) in 2016 & 2017
 Revenue Distribution
 Production Site
 Main Lamp Products
 Market Distribution
 Business Model
 LED Purchasing Decision Power
 Key Customers (Passenger Car)

Chapter VI Chinese Automotive LED Manufacturer Movement

12 Automotive LED Manufacturers Company Profile
Highlight of the Chapter
 Global and China Automotive Revenue in 2016 / 2017
 Chinese Market Development Strategies
 Automotive LED Product Specifications