Research Reports

Overview

TrendForce has analyzed developments in the automotive LED market from seven perspectives: 1) automotive lighting and display product trends, 2) automotive lighting market scale and applications, 3) automotive lighting player revenue and product strategies, 4) automotive lamp prices, 5) automotive LED market demand (product applications and regional market value), and 6) automotive LED player revenue performance and product strategies. 7) automotive driver IC market scale and product trend. In this way, we provide readers with a comprehensive picture of marketing dynamics in the automotive LED market.

Key Highlights

• Automotive Lighting and Display Market Trend
  •  Headlights: Increasing global economic uncertainty has slowed the growth of the ADB headlight market penetration rate, but still has the potential to reach 21.6% by 2029.
  • Taillights: The increasing trend towards personalization, communication display, driver assistance, and safety upgrading for automotive lighting has given rise to Mini LED taillights (rear) and RGB Mini LED communication displays (front).
  • Decorative Lighting: Decorative lights include ambient lights, grill lamps, full-width front strips, and ADS marker lamps. The decorative light market scale is likely to jump to USD 311 million by 2029, with a 28% CAGR from 2024 to 2029.
  •  Mini LED Automotive Displays: The trend towards HDR, local dimming, wide color gamut, and curved screen design has driven Mini LED display market. Additionally, panoramic HUDs and holographic HUDs will start adopting Mini LED technology to enhance contrast ratio, which is expected to drive growth momentum for the automotive display market.
• Automotive Lighting Market Scale and Automotive Lamp Player Revenue Performance 
  • The automotive lighting market value slightly dropped to USD 34.658 billion. In 2024, the top ten automotive lighting players were Koito, Valeo, Forvia Hella, Marelli, Stanley, SL Corporation, Xingyu, HASCO Vision, ZKW, and OPmobility.
• Automotive LED Player Revenue Performance
  • The top five automotive LED manufacturers in 2024 include ams OSRAM, Nichia, Lumileds, Seoul Semiconductor, and Dominant.

Table of Contents

1. Car Market Shipment- Regional Market Analysis 
2. 2025-2029 Automotive LED Market Value, Volume and Penetration- Product Analysis
3. 2024-2025 Automotive LED Market Value, Volume and Penetration- Product / Regional Market Analysis
4. Automotive Lighting / Automotive LED Player Revenue Performance
5. Automotive Lamp / Automotive LED Market Price Analysis

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