According to TrendForce’s latest market research report 2022 Global LED Lighting Market Analysis-2H22, as TrendForce reported, the demand for residential and commercial lighting was slashed in 1H22 by gloomy economic outlook amid soaring inflation, energy cost hikes following the Russia–Ukraine war, real estate downturns, as well as the pandemic’s twist and turns. That being said, as countries in Europe and North America began reopening, returns of commercial activities boosted consumption—plus the rising demand for energy-saving revamp solutions i...

Aug. 9, 2022 ---- According to TrendForce's latest research report "TrendForce 2022 Self-Emitting Micro LED Display Cost and Trend Analysis," Micro LED light engine performance beats Micro OLED in terms of brightness, contrast ratio, and responsiveness in transparent AR smart glasses microdisplays and is ideal for applications in outdoor environments. Since 2021, more than 10 branded manufacturers around the world have launched Micro LED transparent AR smart glasses concepts and related suppliers have improved Micro LED technology...

July 6, 2022 ---- According to TrendForce's latest "2022 Global Automotive LED Product Trend and Regional Market Analysis " report, although demand in the car market will decline in 2022 due to the impact of the Russian-Ukrainian war and China's pandemic resurgence, gains made in the penetration rate of LED headlights coupled with the development of advanced technologies such as intelligent headlights, logo lamps, and intelligent ambient lights will sustain a backstop for market demand in automotive lighting in 2022. At the same time, the soaring cost o...

Jun. 29, 2022 ---- According to TrendForce's latest Micro LED research report, among many Micro LED display applications, Micro LED microdisplays will be the next new high-end product following on the heels of large-scale display development. The market value of Micro LED AR smart glasses display chips is forecast to reach US$41 million by 2026. The reason for such a significant growth in market value in just one year from 2025 to 2026 is primarily due to the gradual maturity of technologies such as red chips, laser transfer, wafer bonding and full-colorization,...

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 ...

Following years of development, Mini/Micro LED new display technologies have made critical breakthroughs, with end products often being unveiled in front of the public. However, there are several challenges for Mini LED and Micro LED—each at different development stages—to overcome before becoming mainstream display technologies. Mass Production Kicks off for Large-Size Micro LED Displays Following years of development, large-size Micro LED displays have entered the mass production stage this year, thereby stimulating the development of relevan...

According to TrendForce's latest LED report, as a slowing pandemic drove the recovery of various global economic activities, global LED market value beat market expectations in 2021, reaching US$17.65 billion, or 15.4% YoY. From the revenue ranking of LED manufacturers, most constituents benefited from the rebound in market demand and showed significant revenue growth with the top three manufacturers accounting for 29.5% of the market. Nichia's backlight LED business revenue declined due to increasing OLED penetration. However, driven by the rapid growth o...

According to TrendForce’s latest market research report the “TrendForce 2022 Mini LED New Backlight Display Trend Analysis”, the trend of Mini LED backlights led by leading players including Samsung and Apple in 2021 has encouraged other brands to introduce the up-to-date components into their new displays in 2022. For example, TV manufacturers such as Sony, Sharp, and Hisense have decided to use Mini LED backlights this year, while MSI, Lenovo, and GIGABYTE have applied the components to MNT and NB markets. As new comers have...

According to TrendForce latest report “2022 Deep UV LED Application Market and Branding Strategies,” as vaccination coverage increases with noticeable UV-C LED price slumps, TrendForce has revised down the UV LED market value to USD 317 million in 2021 (+2.3% YoY). In the long run, air and large surface sterilization will remain the major sectors for which leading home appliance brands strive. Additionally, UV-C LED will likely be applied to OEM automobile air conditioners, flowing water sterilization, manufacturing industry facilities, a...

Apr. 7, 2022 ---- According to TrendForce’s “Global LED Industry Data Base and LED Player Movement Quarterly Update” report, demand for high-standard LED products in the lighting market will enter a growth stage. Generally speaking, the price of lighting LED products is stable. However, due to the recent rise in global raw material prices, the unit price of products looks to trend higher. Coupled with high demand for energy conservation from governments around the world, the output value of the lighting LED market in 2022 is forecast to have an...

According to TrendForce’s latest report “Gold+ Member: Global LED Industry Data Base and LED Player Movement Quarterly Update”, economic activities have returned in all aspects as the COVID-19 pandemic began slowing down in 2021, boosting the global LED market scale to USD 17.65 billion (+15.4% YoY), a growth rate that beats expectations. Looking to the future, market value of Mini LED backlights and video walls will continue going up, along with increased automotive LED penetration, rising demand for high-end lighting, and expanded v...

According to TrendForce’s latest market research report 2022 Global LED Lighting Market Analysis-1H22, the lighting industry has increasingly emphasized the light quality of products (e.g., CRI, R9 value, and SDCM), and HCL for health. Moreover, the rising trends of luminaire digitalization and light- and color tuning in LED lighting products have stimulated smart LED penetration. Nowadays, new technological applications and potential demand have contributed to growth in the lighting market. TrendForce projects the global LED lighting market scale to ...

Feb. 16, 2022 ---- AR/VR device shipments revised up to 14.19 million units in 2022, with an annual growth rate of 43.9%, according to TrendForce research. Growth momentum will come from increased demand for remote interactivity stemming from the pandemic, as well as Oculus Quest 2’s price reduction strategy. Microsoft HoloLens 2 and Oculus Quest 2 are first in market share for AR and VR, respectively. According to TrendForce, the topic of the Metaverse has driven brands to actively plan for and stimulate product shipment performance. However, the AR/VR d...

Jan. 18, 2022 ---- Micro LED large-sized displays will move towards the home theater and high-end commercial display markets and the revenue of Micro LED large-sized display chips is estimated to reach US$54 million in 2022, according to TrendForce’s latest research. By 2026, revenue is expected to grow to US$4.5 billion with a compound annual growth rate of 204%. In addition, technical obstacles will be conquered one by one over time. The development of Micro LED large-sized displays will peak from 2026 to 2030 and the one year revenue of Micro LED chips has ...

High contrast and brightness Mini LED products have been developing aggressively, according to TrendForce’s investigations. Therefore, several LCD monitor brands have launched high-end LCD monitor products with Mini LED backlighting (Mini LED wafer size is defined as between 75~500µm). In 2021, the price of Mini LED-backlit LCD monitors fell between US$2,300 and US$5,000. For example, a 31.5-inch Mini LED backlit model is priced approximately 4 to 8 times that of model of the same size featuring a traditional LED backl...

According to TrendForce 2022 Infrared Sensing Application Market and Branding Strategies, various crucial topics—such as metaverse, ADAS / autonomous driving, in-cabin sensing- DMS / OMS, and industrial automation—will rise rapidly in 2022 as brand manufacturers implement their strategies and plans. The applications as follows will all witness higher-than-expected growth momentum!   Metaverse- Eye Tracking and 3D Sensing   In response to the rise of metaverse in 2021, brand manufacturers become more active in developing AR and VR pr...

Dec. 14, 2021 ---- TrendForce’s 2020-2021 Global Automotive LED Product Trend and Regional Market Analysis research indicates, the global penetration rate of LED headlights exceeds 60% in 2021 with penetration in new energy vehicles (NEV) exceeding 90%, according to TrendForce’s latest investigations. Influenced by growth momentum from increasing automotive market shipments and the rising penetration rate of LED lighting, global automotive LED market value is estimated to be valued at US$3.51 billion in 2021, a 31.8% YoY growth rate. This demonstr...

Nov. 16, 2021 ---- By leveraging advantages such as lifelike interaction and virtual simulation, the metaverse will enable the growth of various applications ranging from virtual meetings, digital modeling and analysis, to virtual communities, gaming, and content creation, in the infancy of its development. According to TrendForce’s latest investigations, constructing the metaverse, which is more complex than the existing internet world, requires more powerful data processing cores, networking environments capable of transferring enormous data, and user-side AR/VR devices with...

Oct. 27, 2021 ---- Apple recently unveiled its newest lineup of 14.2-inch and 16.2-inch MacBook Pros, which represent the company’s latest effort to extend its application of display backlights with Mini LED technology from the 12.9-inch iPad Pro to the MacBook Pro range. TrendForce’s latest investigations indicate that, in light of Apple’s foray into the high-end notebook computer market with the latest generation of MacBook Pro, annual shipment of notebook computers equipped with Mini LED backlight for 2022 will likely reach five million units, a 2...

Oct. 20, 2021 ---- Apple’s latest AirPods 3 still feature an optical in-ear detection mechanism, according to TrendForce’s 2021 Infrared Sensing Market Trend - 3D Sensing, LiDAR, SWIR LED report. Through the integration of PPG (photoplethysmography) technology, the AirPods 3 contain an improved in-ear detection mechanism based on skin-detect sensors that are equipped with four SWIR (short-wave infrared) LED chips that have two different wavelengths, as well as two InGaAs photodiodes. Industry insiders indicate that the AirPods 3’s s...

According to TrendForce 2022 Global LED Video Wall Market Outlook and Price Cost Analysis, as the COVID-19 outbreak is slowing down, the global LED video wall market has witnessed strong demand return between 2Q21 and 3Q21. Recoveries in markets that were severely affected by the 2020 pandemic have been particularly robust in 2021, including commercial rental, sports venues, corporation & education, and outdoor displays. According to TrendForce analysis, the LED video wall market scale is likely to reach USD 6.351 billion in 2021 (+14.9% YoY) and jump ...

Sep. 8, 2021 ---- Thanks to favorable policies by governments worldwide as well as massive adoption of horticultural LED lighting products in the medical and recreational marijuana markets in North America, horticultural lighting LED revenue saw an explosive growth in 2020, reaching US$301 million, a 57% YoY increase, according to TrendForce’s 2021 Global LED Lighting Market Outlook - Light LED and LED Lighting Market Trend report. This growth is expected to maintain its momentum throughout 2021, during which the market is expected ...

According to TrendForce’s latest report “2021 Global Lighting LED and LED Lighting Market Outlook-2H21”, the LED general lighting market has comprehensively recovered with increasing demand for niche lighting, leading to growth in global markets of LED general lighting, horticultural lighting, and smart lighting in 2021–2022 to different extents.     A Remarkable Recovery in the General Lighting Market As vaccination coverage increases in various countries, economies worldwide begin to recuperate. Since 1Q21, the LE...

Continued price hikes of TV panels, as well as a simultaneous shortage and price hike of semiconductor components required for manufacturing TV sets have forced TV brands in 2021 to reduce the shipment of their mid- and small-sized TVs in favor of the more profitable large-sized, mid- to high-end TVs instead, according to TrendForce’s latest investigations. This shift is expected to propel the annual shipment of QLED TV for 2021 to 11.02 million units, a 22.4% YoY increase. On the other hand, OLED TV shipment for 2021 is expected to reach 7.1 million units,...

According to TrendForce, “2020-2021 Global Automotive LED Product Trend and Regional Market Analysis,” automotive LED market demand steadily increase by advanced technologies, such as intelligent headlamp, central tunnel taillights, HDR automotive display, ambient light, etc. TrendForce analyze automotive LED market development by five directions, including automotive lighting and display product trend, automotive lamp player revenue and development strategies, LED player revenue performance and product price, in order to provide readers with a comprehe...

May 26, 2021 ---- Product prices across the overall lighting LED market are expected to increase by about 0.3%-2.3% QoQ in 2Q21, according to TrendForce’s latest investigations. This price hike can primarily be attributed to the fact that overall demand in the LED lighting market has been rebounding since 1Q21 and remaining in an uptrend since 2Q21. Furthermore, the industry-wide shortage of LED components in the upstream supply chain, caused by the onset of the COVID-19 pandemic, has yet to be addressed, thereby compelling lighting product manufacturers to ram...

May 20, 2021 ---- For the past two years, brands such as Samsung, LG, TCL, and Xiaomi have successively released their own Mini LED  TVs, which are expected to reach a yearly shipment of about 2.6-3 million units in 2021 because Korean brands have successfully trailblazed the high-end market, and because Chinese brands have also been ramping up shipment via highly cost-effective models, according to TrendForce’s latest investigations. TrendForce’s analysis of the current TV market indicates that OLED models have become synonymous with high-end T...

May 18, 2021 ---- Owing to the impact of the COVID-19 pandemic in 2020, not only did LED revenue experience a downward trajectory, but this decline also reached a magnitude rarely seen in recent years, according to TrendForce’s latest investigations. However, as vaccinations begin taking place in 1H21, the LED market’s long-stifled demand is expected to rebound from rock bottom. Hence, global LED market revenue will likely undergo a corresponding recovery this year as well, with a forecasted US$16.53 billion, an 8.1% increase YoY, in 2021. Most of this i...

According to TrendForce analysis, global automotive market demand has been experiencing an upswing since 4Q20 and remained at high level in 2Q21. In this context, LED manufacturers achieve full capacity and prolong the lead time of products without raising prices. On orders about new automobiles, despite that customers still ask for price reduction, LED manufacturers maintained the original quotation and continue observing the possibility of double booking.   According to ams / OSRAM, the production lines in Malaysia is operating in full capacity and demand overb...

TrendForce has just published its latest research report titled “2021 Mini/Micro LED Self-Emissive Display Trends and Analysis on Suppliers’ Strategies”. According to the report, self-emissive Mini/Micro LED displays have become the new technology development target of the companies involved in the display and LED industries since Samsung first unveiled a modular Micro LED display called “The Wall”. The display-related applications for the Mini and Micro LED technologies are very diverse, with products encompassing HMDs, we...