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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2019-09-26

The Global Lighting LED Packaging Market Slide into Slump on Account of Lethargic Chip Market and Weak End Product Demand, Says TrendForce

According to the latest LEDinside Gold Member Report from TrendForce, the global lighting LED package market value is expected to continue to decline due to the global economic recession and the decrease in the unit price of the lighting LED package products. The market value will reach US$6.3 billion in 2023. The CAGR stands at -3% throughout the forecast period, 2018-2023. “Due to the large-scale popularization of MOCVD equipment made in China and the subsidies from local governments in China, the new capacity continues to be invested in LED chips...
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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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2019-06-06

LEDinside: Global Automotive LED Market Value will Reach 4.21 Billion USD in 2023

According to LEDinside's latest report-2019 Global Automotive LED Market Report- Passenger Car and Box Truck, in 2018, global trade frictions and economic recession had a negative impact on the development of vehicle market, leading to a decline in annual vehicle sales. In 2019 , although the instability of global economic condition still continues, sales volume of new energy vehicles still shows rapid growth, and is expected to be the major driving force of total vehicle sales in the future. In terms of regional market development, sales growth of vehicles in some eme...
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2019-06-04

2018 Revenue Ranking of Global LED Package Manufacturers in Chinese Market

According to the latest report “2019 Chinese LED Chip and Package Industry Market Report” from LEDinside, a division of the market research firm TrendForce, in 2018, the scale of Chinese LED package market was USD 10.5 billion, enjoying an increase of 4.5% YoY. Looking into 2019, since LED lighting industry has entered the mature period, manufacturers are expecting a larger market demand for high-end lighting, like professional lighting and healthy lighting. In addition, UV-LED, automotive lighting and digital display (video wall) will be the maj...
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2019-05-09

Mini LED Backlit Displays to Bring in Business and Give OLEDs a Run for Their Money

According to the newest 2019 Mini LED and HDR High-End Display Market Report by LEDinside , a division of TrendForce , after 3 years of mini LED backlight technology development, mini LEDs will finally make an official appearance on displays in 2019 and compete directly with OLEDs. Apple, with eyes set on the advantages of mini LED technology for a while, is also eager to strike collaborations with suppliers in Taiwan and Japan to introduce this technology into desktop displays, notebooks and tablets. TrendForce explains that, in comparing the two, Min...
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2019-04-23

Top 10 LED Package Manufacturer Revenue Ranking of 2018, Says LEDinside

2018 has proven to be a difficult year for many LED manufacturers: the industry as a whole was burdened with the weight of oversupply, and the US-China trade dispute caused end demand to stagnate. This led to a less-than-expected business performance for LED manufacturers in general. According to the LED Industry Demand and Supply Data Base report by LEDinside, LED packaging revenue in 2018 reached US$ 18.4 billion, a mere growth of 3.1 % over 2017. LEDinside Research Director, Roger Chu, points out that revenue rankings for the top ten LED packaging...
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2019-04-11

LEDinside: UV LED Market Value in 2023 Will Reach USD 991 Million

According to LEDinside’s latest report- 2019 Deep UV LED Application Market- Sterilization, Purification, and Water Treatment Markets, due to global recession, UV LED manufacturers’ revenue in 2018 failed to grow as expected, but the increase was stable. In terms of the demand market outlook, the curing market will grow steadily and the major growth momentum will be surface / air sterilization, static water sterilization and flowing water sterilization. UV LED market value in 2023 is expected to reach USD 991 million.
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2019-02-14

Trendforce: China IGBT Market Scale will Reach RMB 52.2 Billion in 2025 and HEV/EV will be the Largest Application Field

According to the latest report of Trendforce, titled “ 2019 China IGBT Industry Development and Market Report”, China IGBT market scale in 2018 is expected to be RMB 15.3 billion, representing a year-on-year increase of 19.91%. As HEV/EV demand and industrial demand enjoy large growth, China IGBT market scale will continuously increase and it is expected to stand at RMB 52.2 billion by 2025 with a CAGR of 19.11%. HEV/EV Demand Market Ranks Top In 2012, as the State Council of the People's Republic of China issued Ener...
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2019-02-13

LEDinside: Observing the Development Trend of Micro LED Display from Micro LED Technology Challenges

According to LEDinside’s 2019 Micro LED Next Generation Display Key Technology Report, Micro LED possesses excellent features no matter in high brightness, high contrast, high response time and power saving, which are all better than LCD and OLED. With Micro LED, various applications, such as watch, mobile phone, automotive display, AR, VR, monitor, TV and large display will develop towards a higher level in the future. According to LEDinside, although Micro LED technology faces many challenges, compared with two years ago, the current technological progress has been much improved. The early patented technology has already appeared in the physical sample display machine. In the future, Micro LED’s commercialization will be driven by the growth of Micro LED technology. In addition, the manufacturing process of Micro LED is complex and the requirement becomes stricter. The raw materials, process consumables, production equipment, testing instruments and auxiliary fixtures used in the process require sophisticated specifications and relatively high precision.
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The recent outbreak of COVID-19 has prompted the large-scale search for practical solutions that can prevent the spread of the deadly virus — from researchers and scientists committed to finding a solution, to the manufacturers and consu... READ MORE

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE