2020-08-18

TrendForce: HDR and Local Dimming Enter Automotive Display Markets

According to the latest report of TrendForce, “2020 Global Automotive LED Product Trend and Regional Market Analysis,” the market demand for automotive panel has reached 134-144 million units in 2019-2020 with center informative display accounting for the highest share. This was estimated based on the sales of car shipment. Currently, 12.3 inch is the mainstream size for center informative display, which is designed with two or three connected panels, or even designed into a whole panel sized 30 to 50 inch. Since 2020, car makers attempt to implement HDR and...
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2020-08-10

TrendForce: Newly Infrastructure Reconstruction Drives Market Demand, 2024 Smart Street Lights Market Scale Reaches USD 1.1 Billion

TrendForce’s latest 2020 Global LED Lighting Market Report- Light LED and LED Lighting Market Trend shows that, by 2024, the global LED smart street light market scale will expect to reach US$ 1.1 billion with CAGR of 8.2% during 2019-2024. (smart street market scale, only including lamp luminaire and single lighting control system.) TrendForce analyst Christine Liu indicates that downstream LED lighting demand is highly related to macroeconomic development. Although there exist many uncertainties under the impact of the COVID-19 epidemic, go...
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2020-07-30

Micro/Mini LED Revenue Projected to Reach US$4.2 Billion in 2024 as Major Brands Step Up Developmental Efforts, Says TrendForce

Next-generation Micro/Mini LED display technologies have generated a market which companies hoping to recover from the pandemic-induced global economic downturn look to for the next wave of commercial opportunities. Furthermore, major brands including Samsung, Apple, Facebook, Google, LG, and Sony are also rushing to get a head start in Micro/Mini LED development, in turn galvanizing the growth of the overall supply chain. Total Micro/Mini LED revenue is projected to reach upwards of US$4.2 billion in 2024. TrendForce’s latest investigations find that cu...
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2020-07-24

TrendForce : AR/VR Devices Shipment Projected to Reach 43.2 Million Units in 2025, Driven by Glasses-Like AR/VR Devices

Total shipment of AR/VR devices is expected to reach 5.12 million units in 2020, according to TrendForce. Thanks to the release of various glasses-like AR/VR devices, the AR/VR devices market is likely to rapidly expand from 2021 to 2022, with a forecasted shipment of 43.2 million units in 2025. This market is projected to reach a compound annual growth rate (CAGR) of 53.1% from 2020 to 2025. TrendForce analyst Jason Tsai indicates that the accelerating growth of the AR/VR devices market can be attributed to aggressive product strategies from branded manufactu...
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2020-07-15

As China Steps up Pace of Mini/Micro LED Commercialization, Total Project Investment Reaches RMB 39.1 Billion, Says TrendForce

TrendForce’s latest LED Industry Demand and Supply Data Base finds that, by 2024, the global Mini/Micro LED market is projected to reach US$4.2 billion in revenue. The positive outlook of the Mini/Micro LED industry has attracted many investors. Since 2019, total investments in Mini/Micro LED-related projects in China have reached RMB 39.1 billion, with more than 14 newly added projects, according to TrendForce’s investigations. This massive influx of capital is expected to accelerate the overall pace of Mini/Micro LED commercialization. ...
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2020-06-30

Mini LED Supply Chain to Benefit from 1Q21 Release of Apple’s New 12.9-inch iPad Pro, Says TrendForce

As Apple’s upcoming release of products featuring Mini LED backlight generates a growth in Mini LED demand, the company has also stimulated actors in the Mini LED supply chain to increase their production capacities. According to the latest investigations by the LEDinside research division of TrendForce, in 1Q21 Apple is expected to not only release its 12.9-inch, Mini LED backlight-equipped iPad Pro, but also open contract bids for its 14-inch and 16-inch MacBooks. Apple has currently chosen Taiwanese manufacturers of display-related components to suppl...
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2020-06-29

TrendForce 2020 Global Automotive LED Product Trend and Regional Market Analysis

According to the latest report by LEDinside, the research division of TrendForce, “2020 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 pro...
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2020-05-28

PPG Demand to Double Given Accelerating Improvements in Wearables Health Monitoring Functions, Says TrendForce

According to the latest investigations by TrendForce, despite the slight slowdown in wearables shipment (including smartwatches and smart wristbands), the increasing demand for improved health monitoring functions has galvanized a strong momentum in the market for wearables-related components. For instance, to raise the accuracy of health monitoring functions, wearables manufacturers are projected to utilize more green LEDs and infrared LEDs while also increasing the size of photodiodes, in turn doubling the demand for PPG. TrendForce indicates that most wearables measure b...
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2020-05-20

TrendForce: Cost Competitiveness of Mini LED Backlight Display May Surpass OLED Options by 2022 Owing to Yearly Cost Reductions

Apple has sparked considerable discussions in the market after rumors surfaced that the company’s new 12.9-inch iPad Pro, to be released in 2021, may be equipped with Mini LED backlight technology. According to the newest investigations by the LEDinside research division of TrendForce, the manufacturing cost of Mini LED backlight displays is currently higher than that of traditional LCD and OLED displays. However, as manufacturers continue to make improvements in process technology and yield rate, the cost of Mini LED backlight displays is expected to under...
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2020-05-12

TrendForce: Driven by Shrinking Pixel Pitch, Video Wall LED Market Revenue Still Projected to Grow 3.7% YoY in 2020

According to the latest investigations by the LEDinside research division of TrendForce, owing to the continued shrinking of pixel pitches, LED shipment for video wall is expected to undergo further growth in 2020. Although the current yearly revenue forecast has been revised from the pre-pandemic figure of US$2.261 billion down to US$1.946 billion, it still represents a 3.7% YoY growth. In terms of the overall LED video wall supply chain, TrendForce indicates that, after the traditional peak seasonality of 4Q19, LED video wall manufacturers had relatively low co...
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2020-05-06

TrendForce: Demand for LED Peripherals Surging as Apple Stimulates Market Opportunities in Mini LED Backlighting Applications

According to the latest report by the LEDinside research division of TrendForce, titled 2020 Mini LED Next-Generation Display Technology and Supply Chain Analysis, as Apple pushes forward the development of Mini LED backlight technology, the company is expected to incorporate Mini LED backlight technology to improve the performance its existing products such as the iPad and Pro Display. The application of Mini LED backlight technology is expected to reach 18% penetration rate in the overall market for IT products in 2025. TrendForce Assistant Resear...
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2020-04-28

TrendForce: Increased Demand for Disease Prevention Products Causes Overall Shortage Across Entire UV-C LED Supply Chain

According to the latest report by the LEDinside research division of TrendForce, 2020 Deep UV LED Application Market and Branding Strategies, the rapid acceleration of COVID-19 has generated a corresponding boom in the disease-prevention business. Case in point, the demand for UV-C LED (wavelength≦280 nm), a type of LED with disinfection/sterilization properties, has skyrocketed since the Lunar New Year, in turn causing massive shortages across the entire supply chain. Given the extreme shortage of UV-C LED chips, LED package suppliers looking to place orders for these chips need to exercise caution when setting chip specifications; these suppliers may also need to bear the risk of possible chip shortages. The current shortage in the UV-C LED market has led to an adjustment to UV-C LED chip quotes, in turn resulting in purchasers being unable to procure chips even with at high bid prices. TrendForce Research Manager Joanne Wu indicates that some UV-C LED suppliers are already seeing order fulfillment schedules that will last till August 2020. In addition, owing to increased orders for UV-C LED, several suppliers are expected to see double-digit YoY growths in their UV-C LED revenues this year, in particular those that have maintained UV-C LED chip and package operations for many years, including Seoul Viosys, Asahi Kasei (Crystal IS), Stanley, Bioraytron (a joint venture by Epileds and HPLighting) and San’an Optoelectronics. UV-C LED chip suppliers primarily include San’an Optoelectronics, Photon Wave, Opto Tech, and Epileds.
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2020-04-22

LEDinside to Grandly Launch the 2020 Deep UV LED Application Market and Branding Strategies

According to the latest report by LEDinside, the research division of TrendForce, “2020 Deep UV LED Application Market and Branding Strategies,” UV LED used to rely on pricing reduction to seize market acceptance of brands and consumers. But currently under the impact of COVID-19, brands and consumers’ awareness of sterilization has been greatly enhanced. UV-C LED manufacturers’ order inquiries dramatically increased after Lunar New Year. It is believed that UV-C LED will have the opportunity to steadily improve market value....
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2020-04-07

LEDinside: Understanding Activities of the Key Technology Suppliers Is Crucial in Following the Development of the Micro LED Industry

LEDinside, a division of the global market intelligence firm TrendForce, says that significant progress in the evolution of Micro LED technologies during the recent period has attracted the interest of many supply chain actors. Companies that are now pursuing Micro LED include material and equipment providers in the upstream, component suppliers in the mid-stream, and brand vendors of whole devices in the downstream. In trying to gain a foothold in this field, they are disrupting the traditional ecosystem of the electronics sector and contributing to the formation of a new ind...
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2020-03-30

March UPDATE: Latest Analysis of COVID-19 Pandemic’s Impact on Global High-Tech Industries – LED and Related Fields

As the COVID-19 pandemic continues to accelerate and cause damage to the global economy and consumers’ purchasing power, TrendForce has compiled its latest report on the statuses of key electronics component and downstream industries, with data last updated on March 26, 2020. The report provides a deep dive into the pandemic’s influences on several high-tech industries. (Image: Pixabay) LED LED chip manufacturers did not stop operations across the board during the Lunar New Year; some personnel still remained at the factories, which manufactured smal...
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2020-03-19

APPLE Reveals New 12.9-inch iPad Pro with 3D Sensing Solution Adopting LiDAR Scanner

APPLE reveals the latest 12.9-inch iPad Pro product of 2020, which is equipped with a LiDAR scanner for world facing 3D sensing solution. The product can be regarded as an outpost for full 3D sensing iPhones scheduled in September 2020. 3D sensing has been equipped with rear camera to provide features like rangefinder, blur photo effect (background removal included), 3D object recognition, spatial modeling and augmented reality. 3D sensing combining 5G transmission and AR function with gesture control is expected to realize interactive augmented reality, leading to ...
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2020-02-21

2020 Global Smart Residential Lighting Market Outlook

According to the latest report of 2020 Global LED Lighting Market Outlook- Light LED and LED Lighting Market Trend-1H20 issued by LEDinside of Trendforce, with the development of technology, mature products, active promotion of manufacturers and popularization of smart lighting concepts in 2019, the global smart lighting market has entered a stage of rapid development, with the market size approaching USD 10.7 billion. Among them, smart residential lighting accounted for 29% of the global smart lighting market in 2019, reaching USD 3.11 billion. Currently th...
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2020-02-17

TrendForce’s Analysis of Coronavirus Impacts on LED, Panel and Related Consumer Products

The following analysis shows TrendForce’s investigations of key component and other downstream technology industries, under the impact of the coronavirus (COVID-19) outbreak, with the latest data as of February 14, 2020. LED In terms of the upstream substrate, chip to downstream packaging sector, because the number of LED manufacturers in Wuhan and Hubei core affected areas is limited, only a few manufacturers affected. The LED manufacturers in other parts of China were constrained by the slow pace of the resumption of work, and they may be unable to return...
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2020-01-08

TrendForce LiDAR Ushers an Incredible Era for Autonomous Vehicle and Smart City

According to the latest report by LEDinside, a research division of TrendForce, titled “2020 Infrared Sensing Application Market Trend- Mobile 3D Sensing, LiDAR and Driver Monitoring System”, the market value of automotive LiDAR is expected to reach USD 127 million in 2019. International sport events such as 2020 Tokyo Olympics and 2024 Paris Olympics are the best opportunities for hosting countries to demonstrate their transportation capabilities. Thus, they have proactively involved in Robo-Taxi, autonomous bus and even air taxi development. ...
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2019-12-31

TrendForce 2020 Infrared Sensing Application Market Trend- Mobile 3D Sensing, LiDAR and Driver Monitoring System

According to the latest report by the LEDinside research division of TrendForce, titled 2020 Infrared Sensing Application Market Trend- Mobile 3D Sensing, LiDAR and Driver Monitoring System, Over 10 types of high-end smartphones are expected to use 3D sensing solutions and some of them will expand the use of 3D sensing in the front and rear cameras in 2020, which will further increase the VCSEL market value. According to TrendForce, the VCSEL market scale used for 3D sensing in mobile devices will be likely to grow by 30% in 2020. Smartphone brands wi...
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2019-12-31

As Competitiveness of High-end TV with Mini LED Backlighting Rises, Panel Manufacturers Rush to Develop Active Matrix Technology, Says TrendForce

Highlights • Mini LED backlighting represents a significant upgrade in display technology and is becoming more and more cost-competitive. • Active matrix products are the key to increasing Mini LED presence in the high-end TV segment. The increase in die bonding efficiency, the decrease in Mini LED chip cost, and the historical low of open cell prices all contributed to the significantly lowered costs of displays utilizing Mini LED backlighting. According to the New Display Technology Cost Analysis quarterly report from the WitsView research divisi...
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2019-12-27

As 8K Grows in Popularity, LED Ultra-Fine Pitch Display Market to Reach 58% CAGR in 2019-2023, Says TrendForce

According to the latest report by the LEDinside research division of TrendForce, titled 2020 Global LED Video Wall Market Outlook – Meeting Room, Sales Channel and Price Trend, the demand for displays with high resolution and HDR capabilities has skyrocketed; thus, the LED fine pitch display (pixel pitch ≤ P2.5) market is expected to reach 27% CAGR in the 2019-2023 period. On the other hand, ultra-fine pitch displays have more momentum for growth because of their lower shipment numbers at the present. The ultra-fine pitch display (pixel pitch ≤ P...
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2019-10-02

TrendForce Announces Top 10 Trends in Information and Communication Technology Industry for 2020

In this press release, TrendForce provides predictions of the information and communication technology industry for 2020, focusing on 10 key themes. Demand from AI, 5G, and automotive will push back against headwinds in the global semiconductor market The global semiconductor market has been in a slump this year on account of the fallout from the US-China trade dispute. Although the demand outlook remains uncertain for 2020, TrendForce expects the market to make a gradual recovery on the back of the demand related to 5G, AI, and automotive applications. The strategies...
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2019-10-02

LEDinside 2020 Global LED Video Wall Market Outlook- Meeting Room, Sales Channel and Price Trend

According to the latest 2020 Global LED Video Wall Market Outlook- Meeting Room, Sales Channel and Price Trend by LEDinside, as the LED video wall market demand in segments such as high-end retail, meeting room and cinema increases, the CAGR of the LED video wall market scale during 2019-2023 is expected to be 14%. With the further development of LED ultra fine pitch display, the CAGR of indoor fine pitch display during 2019-2023 is likely to be 27%. With the marketing theory of 4Ps, LEDinside provides readers with a comprehensive understanding of the...
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2019-09-17

With an Edge in Power Consumption and Color, Mini LEDs will Continue to See Higher Penetration Rates in High-End Display Markets, Says TrendForce

The latest Mini LED and HDR High-End Display Market Report by LEDinside, a division of TrendForce, reveals that Mini LED backlight displays all have a significant advantage in brightness, reliability and performance, as well as a chance to grab a slice of the high-end display market. It may even extend the lifetime of LCDs. It is predicted that Mini LED backlights in 2024 will enjoy penetration rates of 20%, 15% and 10% in the application markets of ITs, TVs and tablets, respectively. TrendForce points out that, in comparing the features of OLED and...
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2019-08-15

LEDinside Gives Its 2018 Rankings for Global Automotive LED Package Suppliers

According to the newly released 2019 Global Automotive LED Market Report- Passenger Car and Box Truck report by LEDinside, a division of TrendForce, the global automotive market has been showing declines since 2018 amid global trade frictions and economic recessions, and this also caused revenue for automotive LED products to grow at a slow pace. Global automotive LED revenue is forecast to register a CAGR of 7% during the forecast period 2018-2023. Despite the continual decline in car sales, the penetration rates of LEDs in various major automotive lighting...
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2019-08-05

LEDinside: Global LED Smart Street Light Market Value in 2018 Reached USD 704 Million and Is Expected to Grow at a CAGR of 26.3% in 2019-2023

According to the latest report of LEDinside, since 2018, global lighting industry has experienced severe internal and external shocks. According to LEDinside latest report- 2H19 Global Lighting LED and LED Lighting Market Outlook, LED lighting market scale is expected to grow at a CAGR of 6% in 2018-2023. Replacement lighting has entered the period of saturation, and the industry has been in desperate need of a new growth engine. According to external environmental markets, due to weak macro-economy, coupled with a large number of lighting products included in th...
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2019-08-05

TV Backlight Steps into a “Warring Period” with a Highly Competitive Mini LED Market

Facing Fierce Price War, TV Market Requires New Consumer Value. In late July 2019, the prices of 55-inch 4K TVs on JD Mall have fell below RMB 2,000, including Hisense, TCL and Konka brands. As panel manufacturers, such as BOE, CSOT and Samsung, release the capacity of high generation production lines, a 55-inch TV priced at RMB 1,000 may not be far away in the coming future. Whereas, the fact behind a RMB 1,000 55’’ TV is that the whole industrial chain faces unsustainably ferocious competition. It is time that the industry ra...
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2019-07-22

The Cell Phone 3D Sensing Market Enters Growth Stage, with VCSEL Revenue Possibly Reaching US$1.139 Billion, Says TrendForce

According to the latest Infrared Sensing Application Market Trend Report by LEDinside, a division of TrendForce, seeing that smartphone shipments are predicted to decline for whole 2019 year, cell phone brands will be engaging in a 'specs -contest' with their flagship devices for the second half-year, and 3D sensing modules will become an important component in that race. Market revenue for VCSELs used by cell phones utilizing 3D sensing is projected to reach US$1.139 billion as a result of this trend. “For 2019, besides Apple, who will be implementing...
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2019-06-17

Apple's Newest Display to Boost High-End Demand, with Mini LED Backlights to Become Both a Chance and a Challenge

LEDinside, a division of TrendForce, points out that Apple has just released the Pro Display XDR 32-inch 6K display, which utilizes a brand new LED backlight solution. In doing so, Apple is motivating the display industry to actively explore new solutions for high end products, with next generation Mini LED backlight technology to become the main area of development for many suppliers. Mini LED backlight revenue is expected to reach US$340 million in 2023 (not including the revenue from other driver ICs and backplanes). TrendForce points out that the brand n...
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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