As the domestic anti-epidemic situation continues to improve, consumer confidence has improved, and the suppressed demand of some consumers has been released faster, and the auto market is gradually recovering. 

According to data released by the China Association of Automobile Manufacturers, in May this year, my country's automobile production and sales both showed double-digit growth year-on-year. This is also the first time that it has achieved double-digit growth since it stopped falling and rebounded in April this year. 

The automobile sales market is gradually recovering, which to a certain extent drives the recovery of the LED lamp market. Everlight Electronics, Redick, Liqing, Edison and other companies have expressed their optimism about the automotive lighting market. 

In the opinion of Ye Yinfu, chairman of Everlight Electronics, "MiniLED, ultraviolet and infrared LEDs, and automotive applications will become new niche markets and act as operational growth drivers."

In order to expand its business to automotive modules, Everlight Electronics has planned a module production line in its Suzhou plant to increase its market share in automotive lighting. 

The relevant person in charge of Radek said, "As the epidemic slows down, the proportion of automotive lighting customers continues to increase steadily. The second quarter is better than the first quarter. If there are no accidents, operations are expected to increase quarter by quarter, and the second half of the year is cautiously optimistic."

The relevant person in charge of Liqing also pointed out that "the trend of increasing the market penetration rate of LED lights is clear, which will help the company maintain good order visibility."

Edison is also continuing to reduce the proportion of highly competitive LED component products, and is actively entering the LED vehicle lamp module and lighting module market. According to Edison's expectations, the revenue of the two major product lines of LED vehicle lamp modules and lighting modules is expected to challenge double-digit growth this year. 

LED technology is rapidly gaining popularity in recent years as costs have fallen, along with improvements in package size, efficiency, and brightness. Among them, LED technology has gradually formed a trend in the field of automotive lighting, and LED automotive lighting products have also entered a stage of gradual popularization. 

At present, whether it is a joint venture brand or an independent brand, a low-end brand or a luxury brand, LED lights have become the standard configuration of many cars. 

According to the data from the LED Research Institute (GGII) of the High-tech Industrial Research Institute, with the gradual penetration of LED automotive lighting in mid-end models, it is estimated that the scale of China's LED automotive lighting market is expected to exceed 42.5 billion yuan in 2020. 

Taiwanese manufacturers regard the LED car light market as a "sweet pastry", and mainland manufacturers will naturally not miss the opportunity. Many companies have taken the LED car light market as a key layout direction. 

Donghao Optoelectronics, as one of the earliest companies in the field of automotive lighting in China, initially took the aftermarket market as the entry point. After years of accumulation and precipitation, both product quality and technical strength have become a "flag" in the industry. . 

As the company's main business, LED lighting revenue in 2019 accounted for about 50% of the total revenue. Chen Jiang, deputy general manager of Donghao Optoelectronics, said frankly, "The increase in the order demand for automotive LEDs has stabilized the company's production utilization rate."

Entering 2020, due to the impact of the epidemic, the production and sales of China's auto industry fell sharply in the first quarter. However, Chen Jiang said, "Although the shipments of car companies are decreasing, because we mainly focus on the replacement market, the impact is not big."

In order to meet the needs of the pre-installation market, Donghao Electronics began to gradually transition to the pre-installation market by virtue of its accumulated experience and advantages in the after-installation market. 

Compared with the aftermarket, the front-end market space is more attractive. Not only Donghao Optoelectronics, but also Guoxing Optoelectronics, a representative enterprise in the aftermarket of LED lights, is also accelerating the pace of transition to the front-end market. 

According to the relevant person in charge of Nationstar Optoelectronics, "Nationstar Optoelectronics has long maintained good cooperative relations with some domestic and foreign auto manufacturers and secondary lighting suppliers. After years of hard work and accumulation, we have made some progress in the layout and development of the pre-installation market, and have won high praise from some international and domestic clients.”

Of course, in addition to these companies that are transitioning to the pre-installation market, there are also a number of LED companies that have "taken root" in the pre-installation market, such as Hongli Zhihui and Osram. 

Hongli Zhihui's automotive-grade LED packaging has become one of the advantageous areas. 

In order to gain a firm foothold in the LED car light market, Hongli Zhihui established a car-level LED packaging business department. Now it has an independent car-gauge production line, workshop and a CNAS-certified car-gauge laboratory. It has successfully converted to IATF16949, and its products have been Passed the AEC-Q102&IEC60810 dual-vehicle reliability product certification. 

The active layout of LED car lamp packaging manufacturers has also stimulated the enthusiasm for the layout of car lamp companies to a certain extent. 

On June 9, Xingyu Co., Ltd., an automotive lighting company, disclosed a plan for the public issuance of A-share convertible corporate bonds. The total amount of convertible bonds to be issued should not exceed RMB 1.5 billion. Among them, 545 million yuan will be used for the construction of electronic factories in the intelligent manufacturing industrial park. 

After the construction of the electronic factory is completed, the project will be used for the production and testing of vehicle light sources and other electronic modules, eventually forming an annual production capacity of 40.8 million vehicle light sources and other electronic modules. 

Xingyu Co., Ltd. stated that the fundraising project focuses on the development direction of electronic and intelligent automotive lamps, actively responds to the national smart car development strategy, strengthens the supporting production capacity of light source modules and other electronic modules, improves the company's product structure, and develops automotive lamps. High-end market. 

In general, the size of the LED car light market is increasing year by year, and the future development trend of car lights lies in LED headlights, laser lights and smart lights, so LED car lights still have huge development potential.