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.

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 Chinese Automotive Lighting Market Report- Passenger Car and Logistics Car Market Analysis, the quantity and market share of local car manufacturers in China have increased since 2017. The sales volume of domestic brands has grown annually as well. The product price levels from local car manufacturers have gradually approached to medium range. Although the license plate lottery measure reduced purchasing willingness, yet, as per capita income grew, car penetration will experience significant growth. Chinese conventional passenger car shipment volume in 2017 has reached 23.8 million units, and is expected to reach 25.5 million units in 2018.