HOME Top Market Reports Optoelectronics Market for Automotive by Devices (LED, Image Sensor, Infrared, Laser Diode, Optocoupler), Application (Position Sensor, Convenience & Climate, Safety, Lighting), Vehicle (PC, CV), EV Type, Aftermarket, and Region - Global Forecast to 2025

Optoelectronics Market for Automotive by Devices (LED, Image Sensor, Infrared, Laser Diode, Optocoupler), Application (Position Sensor, Convenience & Climate, Safety, Lighting), Vehicle (PC, CV), EV Type, Aftermarket, and Region - Global Forecast to 2025

By: marketsandmarkets.com
Publishing Date: August 2018
Report Code: AT 6518

 

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The automotive optoelectronics market was valued at USD 3.50 billion in 2017 and is projected to reach USD 9.80 billion by 2025, at a CAGR of 14.13% during the forecast period. In this study, 2017 has been considered the base year and 2018 to 2025 the forecast period for estimating the market size of the automotive optoelectronics market.

Objectives of the report

  • To define, describe, and project the automotive optoelectronics market (2018–2025), in terms of value (USD million)
  • To provide detailed information regarding the major factors influencing the growth of the automotive optoelectronics market, such as drivers, restraints, opportunities, and industry-specific challenges
  • To analyze and forecast the automotive optoelectronics market and estimate the market size, by value, based on devices, application, EV type, vehicle type, market channel type, and region
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and expansions

The research methodology used in the report involves data collection from various secondary sources such as International Optoelectronics Association, Optoelectronics Industry Development Association, Automotive Component Manufacturers Association (ACMA), China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), and Canadian Automobile Association (CAA).  Experts from related industries and suppliers have been interviewed to understand the future trends of the automotive optoelectronics market. The bottom-up approach has been used to estimate and validate the size of the global market. The global automotive optoelectronics market is derived based on multiple primary inputs and secondary research. Further, regional penetration is identified to derive the regional market sizing of the automotive optoelectronics market.

The figure given below illustrates the break-up of the profiles of industry experts who participated in primary discussions.

Optoelectronics Market

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the automotive optoelectronics industry consists of manufacturers such as Texas Instruments (US), Hella (Germany), Osram (Germany), Vishay (US), and Broadcom (US).

Target Audience

  • Automotive optoelectronics manufacturers
  • Raw material suppliers
  • Component manufacturers
  • Distributors and suppliers of automotive optoelectronics components/parts

Scope of the Report

By Devices

  • Image Sensor
  • IR Component
  • Laser Diode
  • LED
  • Optocoupler

Application

  • Position Sensor
  • Convenience & Climate
  • Safety
  • Lighting
  • Backlight Control

Vehicle Type

  • Passenger Car
  • LCV
  • Buses
  • Trucks

By EV

  • BEV
  • FCEV
  • HEV
  • PHEV

By Market Channel

  • OEM
  • Aftermarket

ByRegion

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Additional country level analysis of automotive optoelectronics market
  • Profiling of additional market players (up to 3)
  • Competitive Leadership Mapping (Micro-quadrant)

Drivers

High demand and increasing sales of luxury and ultra-luxury vehicles

The improving global economic conditions have changed the overall lifestyle of consumers. With increasing disposable income, the demands of consumers have changed in line with new lifestyles, leading to a change in their preferences. This has positively affected the sales of luxury and ultra-luxury cars across the globe. The difference in lifestyle is noticeable, especially in developing countries such as China and India.

The sales of Mercedes-Benz increased from 155.9 thousand units in 2016 to 442.9 thousand units in 2017. Based on the 2017 sales figures, BMW China plans to double its production capacity by 2020. Optoelectronics devices such as LED lights, OLED and LED displays, and ambient lighting are the key highlights of the luxury vehicle segment. These devices increase comfort and convenience of the vehicle. Along with improving visibility, they also provide a congenial atmosphere in the cabin, thus reducing driver fatigue and increasing vehicle safety.

Increase in awareness about vehicle safety

The safety of the passengers and vehicle has become the prime concern for vehicle buyers. Regulatory authorities around the world are aiming to improve vehicle safety. The Global status report on road safety 2015 estimated that more than 1.2 million road traffic deaths occur each year globally. Studies suggest that road traffic injuries will become the fifth leading cause of death globally by 2030. Driver fatigue, driver distraction, and limited visibility of the road are the major causes of these accidents.

In a vehicle, optoelectronics devices can be used for occupant detection, drowsy driver detection, night vision, optical immobilizer, and remote keyless entry. Due to the increasing awareness about vehicle safety and government mandates regarding safety features, OEMs are providing many safety features as a standard fit in vehicles. These features have helped to reduce the number of road fatalities. For instance, there has been a 3% decrease in road accident deaths in India in 2017 as compared to 2016. The positive result will further boost the installation of safety features in vehicles.

Restraints

Easily available and affordable substitutes for the technology

Various substitutes are available as an alternative for optoelectronic components. For instance, halogen bulbs are widely used in headlights and interior lighting. Halogen bulbs are easy to manufacture and cheaper than LEDs and OLEDs. Xenon HID bulbs, which are brighter than halogen, can also be used in headlights. On the other hand, LEDs are both expensive and difficult to make. Also, Yellow phosphorous is widely used in LED lighting. New materials from cadmium selenide and zinc selenide nanoparticles can be illuminated using the blue LED chip. However, they undergo quality and performance degradation over time and at higher operating temperatures compared to phosphors. The color of the light emitted by nanoparticles can be precisely tuned by varying the size of the particle. Hence, the growth of automotive optoelectronics market can be hampered by the easy availability of affordable substitutes.

New Product Developments, 2015–2018


Company

Date

Description

Texas Instruments

March 2018

Expanding on its industry-leading gallium nitride (GaN) power portfolio, Texas Instruments announced two high-speed GaN field-effect transistor (FET) drivers to create more efficient, higher-performing designs in speed-critical applications such as light detection and ranging (LIDAR) and 5G radio-frequency (RF) envelope tracking. The LMG1020 and LMG1210 can deliver switching frequencies of 50 MHz while improving efficiency and enabling five times smaller solution sizes previously not possible with silicon MOSFETs.

Hella

May 2018

Audi (Germany) and HELLA developed a striking lighting technology for the new Audi A7 Sportback. The headlamps of the four-door coupé are available as LED, Matrix LED, and HD Matrix LED with laser high beam variants. The system uses a new control unit, which takes care of all lighting functions. Audi and HELLA have additionally developed a new interior lighting concept together.


Expansions


Company

Date

Description

Hella

October 2017

HELLA expanded its development and production footprint in India. To this end, it is building its second electronics plant near the city of Mehsana in the state of Gujarat

Osram

November 2017

OSRAM’s new LED chip factory in Kulim (Malaysia) began operations. The factory was planned in November 2015. An investment of USD 435 million was made in the first stage of completion


Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
           2.4.2 Top-Down Approach
    2.5 Market Breakdown and Data Triangulation
    2.6 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in the Automotive Optoelectronics Market
    4.2 Market Share of the Automotive Optoelectronics Market, By Country
    4.3 Automotive Optoelectronics Market, By Devices
    4.4 Automotive Optoelectronics Market, By Application
    4.5 Automotive Optoelectronics Market, By Vehicle Type
    4.6 Automotive Optoelectronics Market, By Ev Type
    4.7 Automotive Optoelectronics Market, By Market Channel
    4.8 Automotive Optoelectronics Market, By Region

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 High Demand and Increasing Sales of Luxury and Ultra-Luxury Vehicles
                    5.2.1.2 Increase in Awareness About Vehicle Safety
                    5.2.1.3 Long Life and Low Power Consumption of Optoelectronics Devices
           5.2.2 Restraints
                    5.2.2.1 Easily Available and Affordable Substitutes for the Technology
           5.2.3 Opportunities
                    5.2.3.1 Increasing R&D in the Field of Optoelectronics Technology
                    5.2.3.2 Rising Demand for Electric Vehicles
                    5.2.3.3 Advent of Semi-Autonomous and Autonomous Vehicles
           5.2.4 Challenges
                    5.2.4.1 Aftermarket Installation
                    5.2.4.2 High Raw Material Cost

6 Automotive Optoelectronics Market, By Application (Page No. - 42)
    6.1 Introduction
    6.2 Backlight Control
    6.3 Convenience & Climate
    6.4 Lighting
    6.5 Position Sensors
    6.6 Safety

7 Automotive Optoelectronics Market, By Devices (Page No. - 50)
    7.1 Introduction
    7.2 LED
    7.3 Image Sensor
    7.4 Infrared Components
    7.5 Laser Diode
    7.6 Optocoupler

8 Automotive Optoelectronics Market, By Vehicle Type (Page No. - 58)
    8.1 Introduction
    8.2 Passenger Car
    8.3 Light Commercial Vehicle
    8.4 Trucks
    8.5 Buses

9 Automotive Optoelectronics Market, By Market Channel (Page No. - 67)
    9.1 Introduction
    9.2 Original Equipment Manufacturer (OEM)
    9.3 Aftermarket

10 Automotive Optoelectronics Market, By Electric Vehicle (Page No. - 69)
     10.1 Introduction
     10.2 Battery Electric Vehicle (BEV)
     10.3 Hybrid Electric Vehicle (HEV)
     10.4 Plug-In Hybrid Electric Vehicle (PHEV)
     10.5 Fuel Cell Electric Vehicle (FCEV)

11 Automotive Optoelectronics Market, By Region (Page No. - 77)
     11.1 Introduction
     11.2 Asia Pacific
             11.2.1 China
             11.2.2 India
             11.2.3 Japan
             11.2.4 South Korea
             11.2.5 Thailand
             11.2.6 Rest of the Asia Pacific
     11.3 Europe
             11.3.1 France
             11.3.2 Germany
             11.3.3 Russia
             11.3.4 Spain
             11.3.5 Turkey
             11.3.6 UK
             11.3.7 Rest of Europe
     11.4 North America
             11.4.1 Canada
             11.4.2 Mexico
             11.4.3 US
     11.5 RoW
             11.5.1 Brazil
             11.5.2 Iran
             11.5.3 Others

12 Competitive Landscape (Page No. - 103)
     12.1 Overview
     12.2 Market Ranking
     12.3 Competitive Senario
             12.3.1 New Product Developments
             12.3.2 Expansions
             12.3.3 Collaborations/Joint Ventures/Supply Contracts/ Partnerships/Agreements
             12.3.4 Mergers & Acquisitions

13 Company Profiles (Page No. - 108)
     13.1 Texas Instruments
     13.2 Hella
     13.3 Osram
     13.4 Vishay
     13.5 Broadcom
     13.6 Grupo Antolin
     13.7 Koito Manufacturing
     13.8 Koninklijke Philips
     13.9 Stanley Electric
     13.10 Magneti Marelli
     13.11 Renesas
     13.12 Excellence Optoelectronics
     13.13 Other Key Regional Players
             13.13.1 Asia Pacific
                        13.13.1.1 FOSP Optoelectronics
                        13.13.1.2 San’an Optoelectronics
                        13.13.1.3 Foryard Optoelectronics
                        13.13.1.4 Sharp Corporation
                        13.13.1.5 Sony Corporation
             13.13.2 Europe
                        13.13.2.1 Selectronic
                        13.13.2.2 Zizala Lichtsysteme
                        13.13.2.3 Isocom Components
                        13.13.2.4 Merck
                        13.13.2.5 Jenoptik
             13.13.3 North America
                        13.13.3.1 Varroc Lighting
                        13.13.3.2 Endicott Research
                        13.13.3.3 Osi Optoelectronics
             13.13.4 RoW
                        13.13.4.1 Proton-Orel

14 Appendix (Page No. - 140)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowladge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
             14.4.1 Automotive Optoelectronics Market, Additional Countries
             14.4.2 Profiles of Additional Market Players (Up to 3)
             14.4.3 Competitive Leadership Mapping (Micro-Quadrant) Companies
     14.5 Related Reports
     14.6 Author Details


List of Tables (53 Tables)

Table 1 Currency Exchange Rates (Per 1 USD)
Table 2 Market, By Application, 2016-2025 (USD Million)
Table 3 Backlight Control: Market, By Region, 2016-2025 (USD Million)
Table 4 Convenience & Climate: Market, By Region, 2016-2025 (USD Million)
Table 5 Lighting: Automotive Optoelectronics Market, By Region, 2016-2025 (USD Million)
Table 6 Position Sensors: Automotive Optoelectronics Market, By Region, 2016-2025 (USD Million)
Table 7 Safety: Automotive Optoelectronics Market, By Region, 2016-2025 (USD Million)
Table 8 Market, By Devices, 2016-2025 (USD Million)
Table 9 LED: Automotive Optoelectronics Market, By Region, 2016-2025 (USD Million)
Table 10 Image Sensor: Market, By Devices, 2016-2025 (USD Million)
Table 11 Infrared Sensor: Automotive Optoelectronics Market, By Devices, 2016-2025 (USD Million)
Table 12 Laser Diode: Automotive Optoelectronics Market, By Devices, 2016-2025 (USD Million)
Table 13 Optocoupler: Automotive Optoelectronics Market, By Devices, 2016-2025 (USD Million)
Table 14 Market, By Vehicle Type, 2016 - 2025 (USD Billion)
Table 15 Passenger Car: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 16 Light Commercial Vehicle: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 17 Trucks: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 18 Buses: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 19 Automotive Optoelectronics Market, By Market Channel, 2016–2025 (USD Million)
Table 20 Taxation Scheme for Alternate Fuel Vehicles, By Key Countries
Table 21 EV: Automotive Optoelectronics Market, By Region, 2016–2025 (USD Million)
Table 22 Asia Pacific: Market for EV, By Devices, 2016–2025 (USD Million)
Table 23 Europe: Automotive Optoelectronics Market for Ev, By Devices, 2016–2025 (USD Million)
Table 24 North America: Automotive Optoelectronics Market for Ev, By Devices, 2016–2025 (USD Million)
Table 25 Automotive Optoelectronics Market, By Region, 2016 - 2025 (USD Million)
Table 26 Asia Pacific: Automotive Optoelectronics Market, By Country, 2016 - 2025 (USD Million)
Table 27 China: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 28 India: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 29 Japan: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 30 South Korea: Electric Vehicles Subsidies Since 1st January 2015
Table 31 South Korea: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 32 Thailand: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 33 Rest of the Asia Pacific: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 34 Europe: Automotive Optoelectronics Market, By Country, 2016 - 2025 (USD Million)
Table 35 France: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 36 Germany: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 37 Russia: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 38 Spain: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 39 Turkey: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 40 UK: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 41 Rest of Europe: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 42 North America: Automotive Optoelectronics Market, By Country, 2016 - 2025 (USD Million)
Table 43 Canada: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 44 Mexico: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 45 US: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 46 RoW: Market, By Country, 2016 - 2025 (USD Million)
Table 47 Brazil: Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 48 Iran: Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 49 Others Automotive Optoelectronics Market, By Vehicle Type, 2016 - 2025 (USD Million)
Table 50 New Product Developments, 2015–2018
Table 51 Expansions
Table 52 Collaborations/Joint Ventures/Supply Contracts/Partnerships/ Agreements
Table 53 Mergers & Acquisitions


List of Figures (53 Figures)

Figure 1 Automotive Optoelectronics Market: Markets Covered
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews:
Figure 5 Global Automotive Optoelectronics Market Size: Bottom-Up Approach
Figure 6 Global Market Size, By Component: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Automotive Optoelectronics Market: Market Dynamics
Figure 9 LED is Estimated to Hold the Largest Share of the Market, By Devices, 2018 vs 2025 (USD Million)
Figure 10 North America is Estimated to Hold the Largest Share of the Automotive Optoelectronics Market, 2018 vs 2025 (USD Million)
Figure 11 Rising Demand for Optoelectronics Components is Expected to Drive the Market From 2018 to 2025
Figure 12 India is Estimated to Be the Fastest-GRoWing Market for Automotive Optoelectronics, 2018–2025
Figure 13 LED is Expected to Have the Largest Market Size During the Forecast Period, 2018 vs. 2025
Figure 14 Safety Application is Expected to Have the Largest Share of the Market, 2018 vs. 2025 (USD Million)
Figure 15 Passenger Car Segment is Expected to Hold the Largest Market Share, 2018 vs. 2025 (USD Million)
Figure 16 North America is Expected to Hold the Largest Share of Automotive Optoelectronics Market for Ev, 2018 vs. 2025
Figure 17 OEM Market is Expected to Have the Largest Share of the Automotive Optoelectronics Market, 2018 vs. 2025
Figure 18 Asia Pacific is Expected to Be the Fastest GRoWing Market for Automotive Optoelectronics, 2018 vs. 2025
Figure 19 Optoelectronics Market for Automotive: Market Dynamics
Figure 20 Road Accident Deaths (Per Million), 1994–2016
Figure 21 Electric Vehicle Sales, 2012–2017
Figure 22 Market, By Application, 2018 vs 2025 (USD Million)
Figure 23 Market, By Devices, 2018 vs 2025 (USD Million)
Figure 24 Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 25 Passenger Car: Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 26 Light Commercial Vehicle:Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 27 Trucks: Automotive Optoelectronics Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 28 Buses: Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 29 Optoelectronics Market for Automotive, By Market Channel, 2018 vs 2025 (USD Million)
Figure 30 Automotive Optoelectronics Market for Electric Vehicle, By Region, 2018 vs 2025 (USD Million)
Figure 31 Market, By Region, 2018 vs 2025 (USD Million)
Figure 32 Asia Pacific: Market Snapshot
Figure 33 Europe: Market Snapshot
Figure 34 North America: Market, By Country, 2018 vs 2025 (USD Million)
Figure 35 RoW: Market, By Country, 2018 vs 2025 (USD Million)
Figure 36 Key Developments By Leading Players in the Market, 2015-2018
Figure 37 Texas Instruments: Company Snapshot
Figure 38 Texas Instruments: SWOT Analysis
Figure 39 Hella: Company Snapshot
Figure 40 Hella: SWOT Analysis
Figure 41 Osram: Company Snapshot
Figure 42 Osram: SWOT Analysis
Figure 43 Vishay: Company Snapshot
Figure 44 Vishay: SWOT Analysis
Figure 45 Broadcom: Company Snapshot
Figure 46 Broadcom: SWOT Analysis
Figure 47 Grupo Antolin: Company Snapshot
Figure 48 Koito Manufacturing: Company Snapshot
Figure 49 Koninklijke Philips: Company Snapshot
Figure 50 Stanley Electric: Company Snapshot
Figure 51 Magneti Marelli: Company Snapshot
Figure 52 Renesas: Company Snapshot
Figure 53 Excellence Optoelectronics: Company Snapshot

The automotive optoelectronics market is estimated to be USD 3.88 billion in 2018 and is projected to reach USD 9.80 billion by 2025, at a CAGR of 14.13% from 2018 to 2025. The key growth drivers for the market are the increasing awareness regarding vehicle safety and rising demand for luxury and ultra-luxury vehicles.

The passenger car segment is estimated to hold the largest market share during the forecast period. The increasing sales of passenger cars globally are leading to the exponential growth of the automotive optoelectronics market. Also, the growing trend of integrating high-end electronics for in-vehicle features is inflating the demand for automotive optoelectronics.

The LED devices segment is projected to register the fastest growth, in terms of value, in the automotive optoelectronics market during the forecast period. The growth of the LED segment can be attributed to the increasing demand for ambient lighting to enhance the comfort & convenience in the vehicle.

By application, the safety segment is expected to register the fastest growth, by value, in the automotive optoelectronics market during the forecast period. The increasing number of safety mandates by several governments across the globe along with the high consumer preference for safety applications is driving the growth of the automotive optoelectronics market.

By market channel, OE market segment is estimated to be the largest segment of the automotive optoelectronics market during the forecast period. The growth of this segment can be attributed to the offering of features such as ambient lighting, convenience & climate features, and safety features as standard fitment by the automakers. OE is expected to remain an attractive market in the near future due to the increase in demand for such features by the consumers.

Optoelectronics Market

The North American region is projected to be the largest market for automotive optoelectronics by 2025. The increasing production of automobiles and a significant rise in demand for premium segment passenger cars are driving the market growth in this region. The Asia Pacific region is anticipated to register the fastest growth in automotive optoelectronics by 2025. The adoption rate of applications such as safety and lighting in vehicles is expected to show incremental growth in the region in the coming years. The increased adoption rate makes the Asia Pacific region the fastest growing market during the forecast period.

The key factor restraining the growth of the automotive optoelectronics market is the easy availability of affordable substitutes for the optoelectronics technology for automotive applications.

The automotive optoelectronics market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Osram (Germany), Hella (Germany), Texas (US), Broadcom (US), and Vishay (US).

Leading automotive optoelectronics manufacturers/software providers are focused onto develop innovative solutions for existing and new applications of automobiles to drive the industry forward.

Lighting

Automotive lighting has witnessed substantial growth in the recent past due to high demand in comfort and convenience features in the vehicles. Osram is one of the companies that is at the forefront of developing advanced lighting application for automobiles. The company has added the Oslon Compact PL to its portfolio of lighting products for the automotive sector. Designed primarily for vehicle headlights, the LED can be used in adaptive, glare-free high beam, daytime running lights. low beam, and standard high beam lighting. This comprehensive LED combines improved design with low system costs, making it suitable for a wide variety of vehicle classes and a broad spectrum of customers.

LED

LED light is a recent innovation in automotive lighting technology. Compared to xenon/HID lights, LEDs offer a better reflection in terms of light returns from road signs. In vehicles, LEDs can be used for lighting, safety, and convenience & climate applications. LEDs are primarily used in headlights, daytime running light (DRL), side indicators, and ambient lighting. Continuous innovations in the lighting sector are leading to the adoption of new technologies like adaptive LED lighting.

Audi (Germany) and HELLA developed a striking lighting technology. The headlamps of the four-door coupé are available as LED, Matrix LED, and HD Matrix LED with laser high beam variants. The system uses a new control unit, which takes care of all lighting functions. Audi and HELLA have additionally developed a new interior lighting concept together.

Optocoupler

Increased in the electrification inside the vehicles has paved the way for integrating advance electronics components for smooth functioning of technology. Optocoupler is one such component integrated in the electronics architecture of the vehicles which prevents high voltages from affecting the system receiving the electrical signal. Thus, key market players are developing advanced optocouplers to gain traction in the global automotive optoelectronics market.

For instance, Vishay launched its first Automotive Grade phototransistor optocoupler. The new device combines a high current transfer ratio (CTR) with a low forward current. The phototransistor optocoupler is designed for battery management, signal transmission, and system control in automotive applications, including hybrid and electric vehicles.

Opportunities

Increasing R&D in the field of optoelectronics technology

The research and development programs in the optoelectronic components market are focused more on the development of technology to meet the growing consumer demand and enabling integration of these devices into various automotive components. Various R&D communities are investigating optical and optoelectronic approaches for high-speed optical computing and next-generation communication networks. These research divisions are also trying to obtain the optimal combination of materials and devices to make functional elements that perform advanced optoelectronic functions, which will ultimately be used in photonic systems.

Rising demand for electric vehicles

According to the US Environmental Protection Agency, the transportation sector was responsible for nearly 28% of the total greenhouse gas emissions in 2016, becoming one of the leading causes of the increase in global temperature. Hence, various governments are promoting the use of electric vehicles for transportation as they significantly reduce automotive emissions.

Challenges

Aftermarket Installation

As Original Equipment Manufacturers (OEMs) do not provide optoelectronics devices for all vehicles, consumers generally get them installed from the aftermarket. OEMs provide LED lighting, digital display, and LED ambiance lighting in the top variants only. Consumers prefer to install LED display and ambiance lighting in the aftermarket as these are not provided as a standard feature by OEMs. Thus, the aftermarket for automotive optoelectronics is significantly large. OEMs generally have specifications for the production of optoelectronic devices; this aspect cannot be regulated when they are manufactured as an aftermarket accessory. The aftermarket installation is thus a major challenge for the growth of the OEM automotive optoelectronics market.

High raw material cost

The high cost of raw materials used in automotive optoelectronic devices is a major challenge for manufacturers. The high cost of raw materials increases the production cost as well as that of the final product. For instance, a crystal mineral host lattice doped with rare earth ions is a necessary ingredient for the manufacturing of LEDs. These crystal hosts, when illuminated, vibrate and emit energy in the form of light of different wavelengths. The mining of such rare earth materials increases pollution and environmental degradation.

Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements


Company

Date

Description

Hella

April 2018

The lighting and electronics expert HELLA expanded its presence on the Chinese market by launching a new joint venture dealing in electronic components with the company Beijing HAINACHUAN Automotive Parts (China), which is part of the BAIC automotive group. The contract was signed to launch the joint venture that would be known as HELLA BHAP Electronics (Jiangsu) Co., Ltd

Osram

April 2018

OSRAM and Continental have successfully completed negotiations on their joint venture, which is expected to begin operations in the second half of 2018. The joint venture, in which each of the partners has a 50 percent stake, aims to combine Continental’s and OSRAM’s respective expertise in lighting, light control, and electronics


Mergers & Acquisitions


Company

Date

Description

Osram

May 2018

OSRAM Licht has added to its expertise in semiconductor-based optical security technology by acquiring Vixar. Already a technology leader in infrared LEDs and infrared laser diodes, Osram will have a unique breadth of technological expertise and an expanded product portfolio after bringing on board Vixar’s specialist capabilities in the field of VCSEL.

Broadcom

November 2017

Broadcom announced that it has completed its acquisition of Brocade Communications Systems. It will operate as an indirect subsidiary of Broadcom.


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