2022-03-22

TrendForce: LED Market Value Likely to Hit USD 30.312 Billion in 2026

According to TrendForce’s latest report “Gold+ Member: Global LED Industry Data Base and LED Player Movement Quarterly Update”, economic activities have returned in all aspects as the COVID-19 pandemic began slowing down in 2021, boosting the global LED market scale to USD 17.65 billion (+15.4% YoY), a growth rate that beats expectations. Looking to the future, market value of Mini LED backlights and video walls will continue going up, along with increased automotive LED penetration, rising demand for high-end lighting, and expanded v...
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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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2021-03-25

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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2016-03-22

[Update] Despite Breaking into High-end Decorative Lighting, OLED Luminaires Still A Long Way from General Lighting

  As LED lighting technology matures and the price of LEDs lighting products crashes to ultra-low prices, where vendors are even giving products away as complimentary goods, many manufacturers are choosing to demonstrate OLED lighting technology and products at the Lighting + Building 2016. These new generation OLED light sources were the new highlights at the exhibition. Quite a few manufacturers showcased OLED technology this year but most of them were Korean, Japanese and European OLED manufacturers. The following are technology developments of these leading OLED companies this year.
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According to the report “TrendForce 2023 Global LED Video Wall Market Outlook and Price Cost Analysis,” the LED outdoor display market is likely to be valued at USD 1.783 billion in 2022. Application scenarios can be divided into f... READ MORE

NF2W585AR-P8 is a dual function LED that provides both white light and high doses of energy geared for inactivation of various prevalent bacteria. With a 405nm wavelength1 die known to be effective in sterilization, this LED can be used t... READ MORE