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...

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...

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...

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...

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....

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...

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...

(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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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. ...

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...

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...

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...

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...

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...

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...