Archive

Time

    Month Year

View all posts »

View all posts »

LighTimes: GaN LEDs in Automotive to Reach $1 Billion in 2014, According to IHS

24 Oct 2014

October 23, 2014…The LED Intelligence Service of IHS Technology (IHS) predicts that the market for GaN packaged LEDs in automotive applications will reach the $1 billion mark this year for the first time. IHS forecasts that industry revenue will grow 11 percent from $943 million in 2013 to $1.05 billion in 2014. IHS contends that the growth comes from vehicle exterior applications such as headlamps and daytime running lights, where LED penetration is still low.

However, IHS notes that the LED value per vehicle can be quite high. Osram, Nichia and Lumileds are ranked by IHS as the market’s leading three suppliers, and IHS says they are particularly dominant in vehicle exterior applications.

Audi has been a leader in using LEDs in its vehicles (especially in daytime running lights) since 2008, according to IHS, and many other manufacturers have followed the trend to using more LEDs in automotive applications. IHS points out however that many vehicles even at the high end of the market such as the $100,000 Tesla Model S, still do not use LED headlamps. Moreover, daytime running lights, cornering lights and indoor ambient lights are only available as an option rather than as standard. IHS forecasts that LED lighting should increase in vehicles over the next several years, growing further to $1.3 billion in 2018.