According to TrendForce, “2020-2021 Global Automotive LED Product Trend and Regional Market Analysis,” automotive LED market demand steadily increase by advanced technologies, such as intelligent headlamp, central tunnel taillights, HDR automotive display, ambient light, etc. TrendForce analyze automotive LED market development by five directions, including automotive lighting and display product trend, automotive lamp player revenue and development strategies, LED player revenue performance and product price, in order to provide readers with a comprehensive understanding of automotive LED market trend.

Automotive Lighting Product Trend

Influenced by the COVID-19 pandemic, the global auto demand plummeted in 2020, after which automotive providers worldwide have strived to enhance the LED penetration rate, aiming to achieve competitive differentiation for a higher market share. Consequently, developing the automotive lighting market has become a common goal shared by car makers, automotive lamp manufacturers, and LED manufacturers.

According to TrendForce, the LED penetration rate for global passenger cars has reached 53.1% in 2020, amongst those, the LED penetration rate for electric cars reached 85% in 2020, respectively; the two figures are likely to hit 60% and 90% in 2021.

As a favorite in the automotive industry, ADB headlights—a type of intelligent headlights—mainly have two benefits as follows:

a. Extended range of vision at night, giving drivers more time to react to obstacles at front.

b. Glare-free high beam helps reduce discomfort glare for the vehicle in front, oncoming vehicles, and pedestrians.

Presently, the matrix LED design is dominant in ADB headlight development. This method allows for individual control of high-performance LEDs, which helps the driver to illuminate more clearly of the road and more accurately avoid dazzling other road users. According to TrendForce analysis, the market penetration rate of ADB headlights is estimated to achieve a spectacular growth from 0.7% in 2020 to 2.7% in 2025.