In 2021, the output value of automotive LED is estimated to reach $3.51 billion, with Osram topping the list

According to <2020-2021 Global Automotive LED Product Trends and Regional Market Analysis>, the global automotive LED market output value in 2021 will reach 3.51 billion US dollars, with an annual growth rate of 31.8%. Prior to this, although production of automotive semiconductors was hindered by the shortage of materials, but orders from major automotive LED manufacturers were not affected until the end of 2021 due to the continued production of LED manufacturers, .In 2021, Osram, Nichia and Lumileds remain the top three automotive LED vendors by revenue, with a combined market share of 71.7%.

OSRAM, with its stable product quality, excellent light efficiency and cost-effective performance, is regarded as the preferred supplier for high-class vehicles and new energy vehicles around the world, including Tesla, whose sales volume is increasing rapidly. OSRAM's automotive LED revenue is also growing at a high rate this year, with an opportunity to reach $1.304 billion, an annual growth rate of about 40.9%.Samsung's PixCell LED has also been successfully introduced into Tesla Model 3 and Model Y, driving its automotive LED revenue to grow substantially to $121 million, and its market share is expected to rise to 3.4%.
With WICOP products of high brightness and Compact Size, Seoul Semiconductor has reached 10% penetration in the automotive lamp field, and has been adopted by Changan, SAIC-GM, NIO and other automakers. It is estimated that the revenue in 2021 will reach 155 million US dollars, accounting for about 4.4% of the market.