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Institution: It is expected that the market value of automotive LED and automotive lighting will reach 3.451 billion USD and 35.729 billion USD respectively by 2025.
Jin10 reported on June 30 that, according to Trend Force's analysis of the performance of automotive LED manufacturers' orders, the automotive market production is expected to recover again in the second half of 2025. Additionally, with the continuous plan to introduce advanced technology in 2026 vehicle models, it is anticipated that the market value of automotive LEDs and automotive lighting will grow to 3.451 billion USD and 35.729 billion USD, respectively, by 2025.