According to TrendForce 2025 Global Automotive LED Market- Lighting and Display Product Trend, towards 2025, due to the ongoing uncertainty in the overall economy, greater downward pricing pressure is anticipated in 2025. However, according to TrendForce’s analysis on automotive LED manufacturers’ orders on hand, car production is expected to recover again in 2H25. Additionally, with advanced technologies continuing to be incorporated into car models of 2026, the automotive LED and automotive lighting market value is forecasted to grow to USD 3.451 bill...

Cepton Technologies announced that it has raised over US$50 million in Series C funding. This brings Cepton’s total funding to nearly US$100 million, providing a strong foundation to substantially ramp up its R&D efforts, expand its footprint in the automotive market and support major customers worldwide. The latest funding round was led by automotive lighting system developer Koito, the automotive Tier 1 and world-leading provider of automotive lighting systems. As part of the transaction, Koito will obtain non-exclusive rights to manufacture and sell Cepton&r...

Blickfeld, a Germany-based LiDAR technology provider, announced its partnership with Koito Manufacturing, the tier-one supplier of exterior automotive lighting, for exploring technologies to develop a LiDAR sensor that can be fully integrated into a headlight. The integration of Blickfeld’s LiDAR into Koito headlamps will enable automobile manufacturers to possess breakthrough LiDAR technology in which the sensor is fully integrated into the vehicle. Blickfeld claims that the integration will facilitate progress in serial Advanced Driver Assistance System...

Osram and Koito have released a series of standardized LED signal lamps with their XLS product family and the lamps are used in the new Toyota Corolla Sport.