Global Automotive LED Market was still growing steadily in the first half of year 2024

According to market survey by TrendForce, world auto makers have been active in adopting  ADB LED headlights, Mini LED taillights, full-width LED taillights, LED grille lamps / full-width front strips, (intelligent) ambient LED lights, which results in steady growth in automotive LED demand to about USD 10.12 billion  in the first half of 2024, higher than car market shipment record.

The top five automotive LED manufacturers such as ams OSRAM, Nichia, Lumileds, Seoul Semiconductor, and Samsung LED, covered >80% market share in 2023. Thanks to the stable quality, exceptional luminous efficacy, and good value of its products, ams OSRAM LED has become the the best choice for premium vehicle and NEV manufacturers worldwide. Secondly, Nichia’s automotive LED revenue was higher than expectations, mainly benefiting from the rising demand in Japan and Europe. Fourthly, Seoul Semiconductor also achieved higher-than-expected revenue from automotive LEDs, mainly benefiting from order increases in Korea and China. Fifthly, Samsung LED expanded the use of the PixCell LED by introducing it to Tesla’s Model 3 and Y, largely driving up the automotive LED market share increase to 7%.

In terms of the main products on the market, we can make a coverage of LED headlights, LED tailights,LED Grille Lamps and LED Ambient Lights that are often installed on vehicles.

A TrendForce analysis showed that the global LED headlight penetration rate for conventional passenger cars reached 72% in 2023, while the global LED headlight penetration rate for electric cars was up to 94%. The two rates are expected to grow to 75% and 96% in 2024, respectively.

LED Taillight styles have changed considerably, with full-width, Mini LED, and OLED-like models being widely favored by most automakers and consumers. 

The LED taillight is suitable for presenting stylish design, information, and warning messages. ams OSRAM is working with leading automotive lighting manufacturers and car makers worldwide, aiming to obtain the certification of vehicle quality and safety as well as compatibility by end of 2025 and to actually install the LED taillight in more vehicle models.

LED Grille lamps/full-width front stripes are mainly adopted by famous auto makers such as Mercedes Benz (EQS), Volkswagen (ID.3/ID.4), BYD, Xpeng (P5), Changan Ford (Mondeo), Sony (VISION-S 02), BMW (i7), Rolls-Royce (Spectre), Ford, General Motors, Stellantis, Lucid, and Li Auto. Also,more and more electric vehicle models have actively adopted LED grille lamps, leading the trend away from linear light sources to full-width front stripe design.

As part of interior lighting, ambient LED lights are often used to improve the atmosphere and enhance the unique lighting environment and mood inside the car in dark settings. Ambient LED lights have been adopted by European and Chinese automakers for years. Intelligent LED ambient lights are powered by RGB LEDs with built-in driver ICs. 

Remarkably, ams OSRAM has successfully released an intelligent LED ambient light sing the Open System Protocol (OSP), which will likely boost the market value of LED ambient lights.