The Global Lighting LED Packaging Market Slide into Slump on Account of Lethargic Chip Market and Weak End Product Demand, Says TrendForce

Summary: According to the latest LEDinside Gold Member Report from TrendForce, the global lighting LED package market value is expected to continue to decline due to the global economic recession and the decrease in the unit price of the lighting LED package products. The market value will reach US$6.3 billion in 2023. The CAGR stands at -3% throughout the forecast period, 2018-2023. “Due to the........

According to the latest LEDinside Gold Member Report from TrendForce, the global lighting LED package market value is expected to continue to decline due to the global economic recession and the decrease in the unit price of the lighting LED package products. The market value will reach US$6.3 billion in 2023. The CAGR stands at -3% throughout the forecast period, 2018-2023. “Due to the large-scale popularization of MOCVD equipment made in China and the subsidies f........
>> Please [login] or [register] to view more details
Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Civic engagement combined with an innovative solar lighting concept from LEDVANCE has made the Nelson Mandela Bridge – one of South Africa’s most important landmarks – safe and visible once again. In just three weeks, LEDVANCE, ... READ MORE
Premstaetten, Austria, and Munich, Germany (September 18, 2025) In automotive electronics, reliability is a key design criterion. Capacitive sensors are widely used in exterior and interior vehicle applications—from touch-based door hand... READ MORE