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05/07/2024

The automotive lighting market may see a continuous explosion in the future!
China has become the world's largest automobile market.In 2023, China's auto market won "three world firsts":China's automobile production and sales have ranked first for 15 consecutive years,China's new energy vehicle production and sales ranked first for 9 consecutive years,China ranks first in the world in automobile exports.It can be seen that the automotive lighting market may usher in a continuous explosion in the future. With a considerable market size, many lighting companies have invested in the field of automotive lighting, and the top 100 lighting companies listed above are typical representatives.
It is also worth mentioning that with the rapid rise of our country's independent automobile brands, the substantial growth in sales of new energy vehicles, and the technological improvement and cost advantages of domestic manufacturers, the domestic substitution of headlights continues to accelerate. At the same time, the wave of automotive intelligence and the continuous iteration of underlying technologies are driving the evolution of headlight technology towards intelligent vision systems. Headlight technology is also tending towards electronic, intelligent and diversified, bringing new development opportunities to the industry and also putting forward higher requirements on the innovation capabilities of companies.
It is clear that technological innovation will be a lasting theme in the field of automotive lighting and the key to competition. Only by continuously launching more excellent and innovative products and technologies to meet the needs of consumers can the lighting companies that are pouring into the market win a larger market share.

01/07/2024

"Light +" sub-track
Under the trend of industry upgrading, more and more leading companies are continuously investing heavily in popular categories, which also means that the speed of "cake" sharing is accelerating. Faced with the leading advantages of leading enterprises in popular tracks, many lighting companies choose to switch to subdivided tracks and wait for a new round of opportunities to come.
On the one hand, the lighting industry is growing slowly in size and its market share is relatively fixed. With new companies constantly entering the market, a situation of "too many monks and too little porridge" is bound to emerge. Small and medium-sized enterprises that do not have an advantage in funding and R&D temporarily choose to "avoid the attack" of leading brands and turn to new "blue ocean" tracks that have not yet been fully developed.
On the other hand, with the continuous updating of national policies, sub-sectors such as plant lighting, sign lighting, and medical beauty lighting have gradually become emerging hot tracks, providing more development opportunities for small and medium-sized enterprises.When choosing a niche track, small and medium-sized enterprises can also use leading companies in the field as a reference template to avoid detours.
-track &D

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