【Smart Car Pie News】On December 14, Zhiche Pie learned about the global automotive LED product market situation from TrendForce Jibang Consulting from TrendForce. Studies show that the penetration rate of global LED headlights will exceed 60% in 2021, of which the penetration rate of new energy vehicles will exceed 90%. In addition, TrendForce Jibang Consulting also estimates that the global automotive LED market output value will reach 3.51 billion US dollars in 2021, with an annual growth rate of 31.8%, and said that the main driving force for the growth of the automotive LED market is LED headlamps and automotive display LED products.
2020-2021 automotive LED manufacturers revenue ranking
Specifically, ams-OSRAM is expected to have revenue of $1.304 billion in 2021, with an annual growth rate of about 40.9%, ranking first with stable product quality, excellent light efficiency and cost performance, followed by Nichia and Lumileds, with expected revenue of $809 million and $401 million, respectively. And from 2020 to 2021, the top three manufacturers will remain unchanged, and the total market share of the three will be as high as 71.7% in 2021.
In addition, the Seventh Rank Samsung LED's PixelCell LED has also successfully introduced Tesla Model 3 and Model Y, which will promote its automotive LED revenue to grow significantly, with revenue expected to reach $121 million in 2021 and a market share expected to increase to 3.4%. In addition, Nichia Chemical and Stanley will benefit from the expansion of automotive display backlighting, and the market share of the two companies is expected to be 23.1% and 6.6% this year. It is worth mentioning that Dominant benefited from European customers and became the manufacturer with the highest annual revenue growth among the top ten manufacturers, with an annual increase of 46.3%.
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