Market intelligence provider TrendForce have ranked the world’s LED package
suppliers.
Here’s how they stacked up in 2018:
1: Osram
2: Nichia
3: Lumileds
4: Stanley
5: Seoul Semiconductor
6: Dominant
7: Samsung
8: Everlight
9: Cree
10: Citizen
According to LEDInside, worldwide automotive LED revenue is forecast to register a CAGR of 7% over the 2018–’23 timeframe. Despite the sustained decline in car sales, there are more and more LEDs in more and more vehicle lighting devices. This trend gives every indication of persisting, and it will cause the revenue of automotive LED products to maintain a growth trend in future years, with global automotive LED revenue forecast of USD $3.17bn in 2019.
Alongside the big three—Osram, Nichia, and Lumileds—a growing list of suppliers are competing for a share of the automotive LED market. Examples abound: Seoul Semiconductors’ range of LEDs addresses light quality and human-centric lighting demand trends (e.g., with their SunLike range). Dominant have been expanding their presence in tail lights and ambient lights, and saw a 10% automotive revenue growth in 2018. Everlight, the only Taiwan-based supplier on the list, turned in revenue figures of roughly $48m in the automotive sector, putting them in the № 8 slot globally. And Cree and other suppliers are actively establishing their place in the market, with significant revenue growth resulting.
Suppliers are releasing LED products with RGB or better specifications for use in interior ambient lights within cars, in accord with the current intelligent lighting trend. The emergence of ambient lights may also bring up revenue for LEDs used in decorative lights for car interiors with a CAGR of 10% during that same 2018–’23 period.
