According to TrendForce’s “2022 Global Automotive LED Product Trend and Regional Market Analysis,” although the vehicle market demand has shrunk due to the Russia–Ukraine War and COVID-19 pandemic in China, the automotive LED market demand has steadily increased in 2022 thanks to the increasing LED headlight penetration and rise of advanced technologies such as those for intelligent headlamps, logo lamps, (intelligent) ambient lights, and Mini LED / HDR automotive displays. TrendForce has analyzed the development in the automotive ...