DUBLIN--(BUSINESS WIRE)--The "Automobile Headlamp Industry in China, 2018-2022" report has been added to ResearchAndMarkets.com's offering.
This research claims that automobile LED headlamps are priced much higher than halogen lamps and even HID lamps because of high costs. In the Chinese market, middle and low-end vehicle models are the most popular, and retail prices are often below CNY150,000 (US$23,000). From a short-term perspective, LED headlamps cannot dominate the automobile market in China. In 2017, the production volume of halogen automobile lamps exceeded 40 million in China, nearly 3 times as large as that of HID lamps and LED lamps, at 14 million and 10 million respectively.
Difficulties in the prevalence of automobile LED headlamps are mainly attributable to product development and high production costs. As automobile headlamps have high requirements on heat dissipation, reliability and luminosity, international LED manufacturers, such as Nichia, Osram and Philips, are more widely recognized by automobile manufacturers. Chinese domestic manufacturers are unlikely to compete with them. Meanwhile, domestic LED lamp enterprises have no choice but to separately develop LED headlamps due to a lack of collaboration with whole-vehicle manufacturers. Scarce experience in tests of whole-vehicle manufacturers leads to high barriers for these domestic enterprises to exploit the market.
According to CRI, although high costs and some other factors prohibit LED headlamps from prevailing in the Chinese market for the time being, the rising incomes of Chinese residents, in addition to the progress of LED technologies and reduction of costs, are expected to facilitate the development of LED headlamps in China.
China was the largest automobile manufacturer and the largest distributor of new automobiles for 9 years from 2009 to 2017. The production volume of automobiles exceeded 29 million in China in 2017. By the end of 2017, the automobile reserve volume exceeded 200 million in China.
However, the automobile reserve volume per capita was less than 200 per one thousand people, lagging behind developed countries. In this case, China's automobile market is expected to continuously grow in the following decades. For relevant enterprises in the automobile headlamp industry chain, there are abundant opportunities in the Chinese market.
Key Topics Covered:
1 Basic Concept of Automobile Headlamp Industry
2 Development Environment of Automobile Headlamp Industry in China, 2017-2022
3 Analysis on Automobile Headlamp Market in China, 2012-2017
4 Development Status of Automobile LED Headlamp Market
5 Global Automobile Headlamp Manufacturers, 2017-2018
6 Analysis on Competition in Automobile Headlamp Industry, 2017-2018
7 Prospect of Automobile Headlamp Industry in China, 2018-2022
Companies Mentioned
- Cnlight
- HELLA
- ICHIKOH
- Klarheit
- KOITO
- Magneti Marelli
- SL Corporation
- Stanley
- Valeo
- ZKW
For more information about this report visit https://www.researchandmarkets.com/research/8s9sdx/china_automobile?w=4
