GLOBAL AUTOMOTIVE SOLID STATE LIGHTING MARKET 

INTRODUCTION

Light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs) are two examples of solid-state lighting technologies that are used in vehicle lighting applications. The use of more effective and adaptable LED-based alternatives to conventional incandescent and halogen bulbs has revolutionized car lighting systems.

The following are some significant features and benefits of automotive solid state lighting:

Energy Efficiency: When compared to conventional lighting technologies, solid-state lighting, especially LEDs, is very energy-efficient. Due to LEDs' greater conversion of electrical energy into light, cars' power consumption is decreased and their fuel economy is increased.

Solid-state lighting technologies are more durable and have a longer lifespan than conventional bulbs. Particularly LEDs having longer operating lives, which lessen the frequency of bulb changes. As a result, vehicle lighting systems are more dependable and have fewer maintenance expenses.

Compact and Design Flexibility: Solid-state lighting components' small size gives designers more freedom when integrating them into a vehicle's design. They are simple to include into a variety of lighting components, including as headlights, taillamps, daytime running lights, and interior illumination.

GLOBAL AUTOMOTIVE SOLID STATE LIGHTING MARKET SIZE AND FORECAST

The Global Automotive Solid State Lighting Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

There is a lot of focus on enhancing the performance of LED packages, scalability and surface-mount technology (SMT) compatibility are crucial considerations for top LED manufacturers when creating LED solutions for interior and exterior car applications.

Due to scalability, manufacturers may select a circuit board and LED package to build an array that maximizes the performance, dependability, and cost-effectiveness of a particular application.

Designers can select a scalable LED based on, among other things, lumen efficiency, color management, and package space. These LEDs may be placed on the least expensive material that satisfies the application design's thermal, electrical, and packaging requirements.

Utilizing industry-standard assembly tools with LED packages and SMT technology, automakers may cut costs. Standard FR4 printed circuit boards composed of glass fibre epoxy laminate are one of the materials that can be processed using SMT and enable the inexpensive assembly of rigid lighting arrays.

LED arrays are able to be folded and thinly packed using standard flexible circuits for 2-D and 3-D designs. 

COMPANY PROFILE

• Valeo
• Stanley
• Forvia
• Koito
• Marelli

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Automotive Solid State Lighting are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a  Global Automotive Solid State Lighting and key vendor selection criteria
3. Where is the Automotive Solid State Lighting manufactured? What is the average margin per unit?
4. Market share of Global Automotive Solid State Lighting market  manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Automotive Solid State Lighting in-house
6. 5 key predictions for next 5 years in Global Automotive Solid State Lighting market
7. Average B-2-B Automotive Solid State Lighting market price in all segments
8. Latest trends in Automotive Solid State Lighting market, by every market segment
9. The market size (both volume and value) of the Automotive Solid State Lighting market in 2023-2030 and every year in between?
10. Production breakup of Automotive Solid State Lighting market, by suppliers and their OEM relationship.