2021-10-20

Annual Shipment of Airpods Expected to Reach 85 Million Sets, with Component Suppliers Epistar, DOWA, II-VI/Finisar Set to Benefit, Says TrendForce

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...
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2021-09-24

New Arrival! TrendForce 2022 Global LED Video Wall Market Outlook and Price Cost Analysis

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 ...
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2021-09-08

Increased Demand on Food Safety Projected to Propel Annual Horticultural Lighting LED Revenue for 2021 to US$399 Million, Says TrendForce

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 ...
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2021-08-12

TrendForce Global LED Lighting Market Outlook 2021–2022: General Lighting, Horticultural Lighting, and Smart Lighting

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...
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2021-06-30

QLED/OLED TV Shipment Projected to Break Records This Year Thanks to Brands’ Focus on Large-Sized, Mid- to High-End TVs Says TrendForce

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,...
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2021-06-24

TrendForce 2020-2021 Global Automotive LED Product Trend and Regional Market Analysis

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...
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2021-05-25

Price Hike of Lighting LED Products in 2Q21 Projected to Propel Lighting LED Market Revenue for 2021 to US$6.709 Billion, Says TrendForce

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...
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2021-05-20

Mini LED TV Shipment for 2021 Projected to Reach Three Million Units, Says TrendForce

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...
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2021-05-18

LED Market Revenue for 2021 Projected to Reach US$16.53 Billion Mainly Due to Automotive/Mini LED Applications, Says TrendForce

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...
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2021-05-17

Optimistic about the Automotive LED Market, ams / OSRAM is Optimizing Product Portfolio to Meet Customer Needs

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...
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2021-05-14

TrendForce: An Analysis on the Strategic Direction of Critical Suppliers through the Development of Micro LED Displays

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...
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2021-04-29

TrendForce to Grandly Launch the 2021 Deep UV LED Application Market and Branding Strategies

According to TrendForce latest report “2021 Deep UV LED Application Market and Branding Strategies,” due to the COVID-19 pandemic, brand manufacturers significantly raise awareness of sterilization and purification. Meanwhile, the optical power of UV-C LED continues improving. Based on TrendForce analysis, brand manufacturers from China, Europe, Korea and Japan have applied UV-C LED to their new home appliances. Besides, UV-C LED is also likely to be implemented in automotive air-conditioning, flowing water sterilization, manufacturing...
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2021-04-22

Shipment of Apple's Mini LED iPad Pro Expected to Reach Five Million Units in 2021 Thanks to Improved Display Technology, Says TrendForce

During Apple’s Spring Loaded event, the Cupertino company announced the upcoming release of its latest 12.9-inch iPad Pro models featuring Mini LED display technology. According to TrendForce’s latest investigations, demand for the 12.9-inch iPad Pro has already been relatively high in the niche markets. Thus, given the thorough improvement in specs as well as the very slight price hike of merely $100 over the previous generation, TrendForce is not only revising up its shipment forecast for the 2021 version of the 12-inch iPad Pro from four million units to f...
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2021-04-15

Global LED Video Wall Driver IC Revenue for 2021 Projected to Reach US$360 Million, a 13% Increase YoY, Says TrendForce

Apr. 15, 2021 ---- The LED video wall driver IC market has been suffering from insufficient production capacities on the supply side since 2020, according to TrendForce’s latest investigations. In order to ensure a sufficient level of wafer capacities at foundries, LED video wall driver IC suppliers therefore began raising prices for certain driver IC products by about 5-10% at the end of last year, and this price hike is expected to persist through 2021 as well. On the demand side, various commercial activities and sporting events have been successively resuming as t...
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2021-03-25

TrendForce: LED Market Value in 2021 is Projected to Increase to USD 16.531 billion

According to TrendForce latest report Gold+ Member: Global LED Industry Data Base and LED Player Movement Quarterly Update, the COVID-19 pandemic is expected to be eased in 2021. Automotive LED, video wall and lighting market demand is expected to recover, and demand for Mini LEDs will take off as well. In addition, horticultural lighting and UV LED market demand will consistently grow quickly. According to TrendForce, the LED market value in 2021 is expected to increase to 16.531 billion. TrendFoce summarized seven major applications. Me...
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2021-03-25

Global Automotive LED Revenue Projected to Reach Nearly US$3 Billion in 2021 Owing to High Demand for Headlights and Display Panels, Says TrendForce

The COVID-19 pandemic heavily impacted the global auto market and in turn damaged the automotive LED industry in 1H20, according to TrendForce’s latest investigations. In 2H20, however, the gradual recovery of vehicle sales as well as the development of NEVs provided some upward momentum for the automotive LED industry, whose revenue for the year reached US$2.572 billion, a 3.7% decline YoY. Automotive LED revenue for 2021 is projected to reach $2.926 billion, a 13.7% growth YoY, thanks to the increasing demand for automotive headlights and display panels....
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2021-02-04

TrendForce: 2021 Global LED Lighting Market Outlook and Opportunities v.s. Challenges Analysis

According to the latest TrendForce’s report ‘2021 Global LED Lighting Market Outlook: Light LED and LED Lighting Market Trend (1H21)’, the global LED lighting market is more optimistic than previous estimates, it is estimated with an opportunity to grow 5.1% in 2021. In the short term, due to the rapid spread of COVID-19 around the world, the demand and consumption of LED lighting has been suppressed to some extent. In the medium and long term,there still exist uncertainties to each industry under the impact of pandemic. However, in ord...
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2021-01-26

TV-used Mini LED Chip Revenue Likely to Reach US$270 Million in 2021 as Battle Over Mini LED Backlight TV Specs Takes Place, Says TrendForce

As various TV manufacturers such as Samsung, LG, and TCL announced their new models equipped with Mini LED backlights at CES 2021, TrendForce’s 2021 Mini LED New Backlight Display Trend Analysis report shows that total Mini LED chip revenue from Mini LED backlight TVs to potentially reach US$270 million in 2021, as manufacturers gradually overcome technological bottlenecks and lower their overall manufacturing costs, according to TrendForce’s latest investigations. Mini LED backlight TVs possess a highly cost-effective competitive...
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2021-01-19

Shortage Caused by Explosive Growth in Mini LED Demand to Result in 5-10% Price Hike for LED Chips, Says TrendForce

(Image Source: pixabay) While major OEMs such as Apple and Samsung prepare to release their new notebook computers, tablets, and TVs that are fully equipped with Mini LED backlights this year, various companies in the LED supply chain began procuring Mini LED chips ahead of time in 4Q20, leading to an explosive demand growth for these chips, which in turn crowded out the LED suppliers’ production capacities for other mainstream LED chips, according to TrendForce’s latest investigations. Given this structure-wide shortage of LED chips, certain...
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2021-01-07

LiDAR Revenue Expected to Reach US$2.9 Billion in 2025, with ADAS/Autonomous Vehicles as Primary Applications, Says TrendForce

The LiDAR market encompasses such applications as ADAS, autonomous vehicles, industries, deliveries, and smart cities; while these applications are estimated to have driven the LiDAR market to reach US$682 million in revenue in 2020, total LiDAR revenue is projected to further expand to $2.932 billion in 2025, a 34% CAGR, according to TrendForce’s latest investigations. TrendForce indicates that, with regards to automotive LiDAR applications (ADAS and autonomous vehicles), automakers have continued to release NEVs in spite of the COVID-19 p...
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2020-12-30

Price Hike for Photocouplers Expected for 2021 Given Shortage of Chips and Raw Materials in Upstream Supply Chain, Says TrendForce

Owing to the rapidly growing demand for EV quick charging poles, as well as the recovering market for consumer electronics and industrial control systems, there has been a shortage of chips and raw materials in the upstream supply chain, according to TrendForce’s latest investigations. Therefore, prices for photocouplers, which are an essential component in the aforementioned products, will gradually rise throughout 2021. TrendForce further indicates that, given the overall shortage in the semiconductor market, major photocoupler suppliers, such as Taiwanese LED companie...
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2020-12-29

TrendForce 2021 Infrared Sensing Market Trend- 3D Sensing, LiDAR, SWIR LED

According to TrendForce 2021 Infrared Sensing Market Trend- 3D Sensing, LiDAR, SWIR LED, as the market growth of major applications including 3D sensing for mobile devices (smartphone, tablet and AR), automotive in-cabin sensing (DMS and OMS), LiDAR markets (ADAS, autonomous vehicle, industry, delivery and smart city), eye tracking, security surveillance and PPG continuously boost demands, the infrared sensing market scale in 2025 is expected to reach USD 3.862 billion. The following major applications all have above-average growth momentum! 3D...
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2020-12-23

TrendForce:Global LED Demand Set to Rebound from Rock Bottom in 2021, with Forecasted US$15.7 Billion in Yearly Revenue, Says TrendForce

The COVID-19 pandemic has had a substantial impact on the LED industry in 2020, resulting in a considerable drop in market demand and a projected yearly revenue of merely US$15.127 billion, a 10% decrease YoY, according to TrendForce’s latest investigations. Although the YoY decline in 2020 represents a magnitude of historic proportions, as COVID vaccines become more widely available in 2021, long-term pent-up market demand will likely rebound from rock-bottom levels, resulting in a forecasted yearly revenue of $15.7 billion for the global LED industry next ye...
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2020-11-23

Yearly Revenue of Horticultural LED Expected to Grow by Nearly 40% in 2020, While COVID-19 Pandemic Unexpectedly Propels Market Demand, Says TrendForce

Owing to the gradual legalization of marijuana cultivation and the pandemic-induced surge of recreational and medical marijuana markets in North America, horticultural LED has become one of the fastest-growing lighting markets in 2020, according to TrendForce’s latest investigations. Moreover, as the COVID-19 pandemic’s impact on the food supply chain starts to surface, capital expenditure (CAPEX) for indoor agricultural infrastructure has once again shown an upward momentum due to the rising demand for equipment replacement and procurement, resulting in a rapi...
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2020-11-11

Micro LED Chip Revenue Expected to Reach US$2.3 Billion in 2024, Primarily Used in Large-Sized Displays, Says TrendForce

Since the introduction of Sony’s large-sized modular Micro LED display in 2017, other companies, including Samsung and LG, have successively made advances in Micro LED development, in turn generating much buzz for the technology’s potential in the large-sized display market, according to TrendForce's latest investigations. Emissive Micro LED TVs are expected to arrive on the market between 2021 and 2022. Even so, many technological and cost-related challenges are yet to be solved, meaning Micro LED TVs will remain ultra-high-end luxury products at...
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2020-10-07

TrendForce Announces Top 10 Tech Industry Trends for 2021

In this release, TrendForce provides its forecast of 10 key trends in the tech industry for 2021. As the DRAM industry officially enters the EUV era, NAND Flash stacking technology advances past 150L The three major DRAM suppliers Samsung, SK Hynix, and Micron will not only continue their transition towards the 1Znm and 1alpha nm process technologies, but also formally introduce the EUV era, with Samsung leading the charge, in 2021. DRAM suppliers will gradually replace their existing double patterning technologies in order to optimize their cost str...
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2020-09-28

TrendForce: Samsung to Galvanize Growth of Mini LED Backlight TV Market, while Intense Competition in LED Supply Chain Projected to Resurface

Yearly Mini LED backlight TV shipment is projected to reach 4.4 million units for 2021, a 2% penetration rate in the overall TV market, as brands begin integrating Mini LED backlights into their TVs and continue to improve technologies as well as optimize costs, according to TrendForce’s latest investigations. While Apple is set to release IT products featuring Mini LED backlights, Korea-based Samsung and LG will both debut their own Mini LED backlight TVs in 2021. In particular, as part of its effort to deploy Mini LED backlight across its produ...
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2020-09-23

New Arrival! TrendForce 2021 Global LED Video Wall Market Outlook and Price Cost Analysis

According to TrendForce 2021 Global LED Video Wall Market Outlook and Price Cost Analysis, given the impact of the COVID-19 pandemic, TrendForce revised down the global market scale of LED video wall in 2020. However, it is still expected that in 2H20, outdoor video wall and municipal projects like security and control room will benefit from government’s financial policies and economic stimulus programs such as new infrastructural construction and more. As such, the market demand of outdoor transportation and control room will improve in 2H20. It is esti...
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2020-09-18

Blood Oxygen Reading Apple Watch 6 to Drive Demands for Health Monitoring Sensors

The latest wearable product of Apple, the Apple Watch Series 6, features a new function that can monitor users’ blood oxygen saturation, which is a critical indicator of people’s overall wellness. The function marks a milestone of wearable devices and is likely to drive demands for sensing components including LEDs and photodiodes. (Image: Apple) According to TrendForce, most wearable devices measure biometric data, such as heart rate, blood oxygen, blood pressure, and blood sugar levels, as well as sweat content, through a type of optical technology known as ...
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2020-09-01

Total VCSEL Revenue Expected to Reach US$1.8 Billion in 2021 Owing to Integration of 3D Sensing and 5G, Says TrendForce

In early 2020, TrendForce forecasted the release of more than 10 high-end smartphone models equipped with 3D sensing solutions this year, which would drive up 3D sensing VCSEL revenue* to US$1.404 billion. However, as the COVID-19 pandemic put a damper on global smartphone shipment, and the Indian consumer market exhibited strong demand for entry-level and mid-range smartphone models, smartphone brand vendors have subsequently slowed down their pace of integrating 3D sensing solutions into high-end models. TrendForce is revising its forecasted 3D sensing VCSEL (fo...
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Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE