TrendForce: LED Market Value Likely to Hit USD 21.013 Billion in 2027
According to TrendForce’s latest report “Gold+ Member: Global LED Industry Data Base and LED Player Movement Quarterly Update”, soaring raw material costs and high inflation caused by the Russia–Ukraine war and pandemic woes in China have slashed consumer market demand and increased end product inventories. Therefore, TrendForce analyzes that the LED market value shrunk to USD 14.214 billion in 2022 (-19% YoY). Except for the 40% growth rate of the Mini LED backlight market, general lighting, architectural lighting, agricultural l...
News
- New OSLON® UV 3535 mid power products with design innovations and leading performance enrich ams OSRAM's UV-C LED portfolio
- The First 3D Printed Film Studio Incorporates Smart LED Lighting
- Quantum Dot Film Claims to Accelerate Plant, Agricultural Crop Growth
- NS Nanotech Opens Canadian Research Centre
- ClearWorld Announces Partnership With Valmont
- Jupiter launches flip chip COB microLED 21:9 display
- 【Exclusive Interview】Heraeus’ Solder Pastes Lay Foundation for Mass Production of Micro LED before Dawn of Next Display Revolution
Market Intelligence
- TrendForce: Global Lighting LED Market Value Likely to Increase 4% To USD 6.38 Billion in 2023
- ams OSRAM Stands to Benefit from Apple Adopting Micro LED for Its Products, Says TrendForce
- Shipments of Monitor Panels Are Projected to Show YoY Decline of 8.8% for 2022 and Diminished YoY Growth of 5.8% for 2023 Due to Turbulences in Global Economy and Politics, Says TrendForce
- TrendForce 2023 Infrared Sensing Application Market and Branding Strategies- Sensing is the Future
- Estimated Shipments of iPhone 14 Devices in 2022 Have Been Lowered to 78.1 Million Units Due to Impact of COVID-19 Lockdown on Foxconn’s Base in Zhengzhou, Says TrendForce
- NB Panel Shipments in October Dropped to a Decade Low for That Month and Will Remain in a Slump in 4Q22, but Growth Will Return in 1Q23, Says TrendForce
- Ennostar and PlayNitride Join Forces to Develop Micro LED, and Value of Market for Display-Related Micro LED Chips Will Reach Around US$542 Million in 2024, Says TrendForce
Products News
- Nichia expands its High-Power LED Portfolio, bringing new solutions to the world of LED lighting
- Pro9™ LEDs Offer Breakthroughs in Efficacy and Reliability
- Meta Files a Patent with Effort to Expand Its Headset Wearers’ Field of View
- MechaTronix-CoolBlock® ARENA-48 - New Cooler platform for sports fields and high-mast lighting
- MechaTronix-CoolStar® 3445 - Narrow beam compact spot lights
- 400 W 905 nm Multi-Junction VCSEL Array
- Nichia expands the portfolio of its Direct Mountable Chip Series, a high luminous flux density chip scale LED
