2024-04-01

Demand Rebounds, Global LED Industry Revenue Expected to Grow 3% in 2024 with Market Focus on Automotive Displays, Says TrendForce

Apr. 1, 2024 ---- TrendForce’s latest LED industry report indicates that the global market is set to recover in 2024, with estimated revenues reaching US$13 billion—marking a YoY growth of 3%. This resurgence is primarily driven by demand across various sectors, including automotive lighting and displays, general/architectural/agricultural lighting, LED video walls, and UV/IR LEDs. Additionally, the successful deployment of Micro LEDs in large displays by Samsung and luxury watches by Tag Heuer has played a significant role in this growth. TrendF...
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Tokushima, Japan – 29 January 2025: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, started mass production of a new deep UV LED (Part No. NCSU434D) in December 2024, with a peak w... READ MORE

Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, is launching a white LED (Part No. NS2W806H-B2) designed for LCD backlighting. This product adds a new green chip in addition to the exist... READ MORE