LED forward lighting market to almost double by 2020

A market report by McKinsey & Company predicts a sharp increase in LED (Light Emitting Diode) lighting adoption in the automotive category by the end of the decade. And while in the very near term the industry will experience an increase in daytime running lights and headlamp usage, unique LED light guides and multiple light source lamps, McKinsey predicts that the technology will continue to change and advance, and in the future will include technology such as smart headlamps that sense the driving environ
July 12, 2012 Read time: 2 mins
A market report by McKinsey & Company predicts a sharp increase in LED (Light Emitting Diode) lighting adoption in the automotive category by the end of the decade. And while in the very near term the industry will experience an increase in daytime running lights and headlamp usage, unique LED light guides and multiple light source lamps, McKinsey predicts that the technology will continue to change and advance, and in the future will include technology such as smart headlamps that sense the driving environment and adjust illumination accordingly.

“In 2011, LEDs claimed a 12 per cent share, contributing to the overall category's revenue of US$18.1 billion. Researchers expect to see a spike of 22 percentage points by 2020, increasing the LED share to 34 per cent of the overall automotive lighting market. This forecast is based on the anticipated growth in the adoption of LED headlights and daytime running light systems by automakers during the next eight years,” said David Hulick, 1786 Osram marketing director, Specialty Solid State Lighting. "Until recently, LEDs were most common in centre high mounted stop lamps and taillights, with headlights having been a novelty feature in very high-end vehicles," said Hulick. "Now the industry is seeing growth in daytime running lights and headlight applications."

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