LED car lighting grows fastest in 2020

Itay Michaeli, director of automotive research at Citigroup, recently released a report saying that in the next six years, LED lights, radio communications and other technologies have the most promising future, and suppliers should focus on development. In the automotive devices, the sales volume of LED lamps is the fastest, and the average annual growth of LED headlamps is expected to be 51. The five technologies are expected to grow at the highest. At a seminar in Detroit, Atay Michaeli pointed out at the conference that by 2020, the device The fastest-growing automotive technology includes five categories, including LED lights. For suppliers, the right technology segment will usher in an attractive era. According to the average annual growth rate of device units, these five technologies are: 1. LED headlights: 51 2. Remote wireless electronic communication: 34 3. Camera: 29 4. Radar: 23 5. Lithium-ion battery: 22 Seen from ItayaMichaeli The reason why the above technology will grow at a high speed is mainly due to the significant cost reduction in recent years. In addition, consumers have shown willingness to pay for new technologies, including technologies that dramatically improve vehicle safety, fuel economy and comfort. It says: People are willing to pay $1,000 or more for things like traffic jams. This is an exciting data. The report also lists the losers in some technologies. As automakers increasingly use radar, cameras and ultrasonic sensors, side mirrors and even rearview mirrors are becoming obsolete. According to ItayMichaeli, if the legislators allow it, the car manufacturer may one day cancel the side mirror.

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