[Insight] TrendForce: LED Market to Reach USD 12.176 Billion in 2026, with Momentum from Micro/Mini LEDs, UV/IR LEDs, Auto Lighting/Displays, Agricultural Lighting Applications

According to TrendForce’s latest “Gold+ Member Report: Global LED Market Demand and Supply Database and LED Industry Quarterly Update,” memory price hikes are expected to further dampen shipments of consumer electronics in 2026, suppressing global consumer demand. Nonetheless, momentum from Micro/Mini LEDs, UV/IR LEDs, automotive lighting and displays, and agricultural lighting applications is set to drive growth in the LED industry in 2026. Overall, the LED market is slated ... READ MORE