LEDinside, a leading platform for LED, LED Lighting and LED Market Research - Research

[Insights] LiDAR Market Projected to Reach US$5.352 Billion by 2029 Thanks to Advanced Autonomous Driving and Logistics Demand, Says TrendForce

Tue, 21 Jan 2025 10:09:19 +0800

TrendForce’s latest report, “2025 Infrared Sensing Application Market and Branding Strategies,” reveals that LiDAR is gaining traction in automotive markets—including passenger vehicles and robo-taxis—as well as in industrial applications such as robotics, factory automation, and logistics. Propelled by advancements in Level 3 and higher autonomous driving systems and logistics solutions, the global LiDAR market is forecast to grow from US$1.181 billion in 2024 to $5.352 billion in 2029, achieving a robust CAGR of 35%. Under increasin...

TrendForce: Global Lighting LED Market Value Likely to Increase 4% To USD 6.38 Billion in 2023

Fri, 17 Feb 2023 15:08:26 +0800

Chapter 1. Global Lighting Market Trend • TrendForce LED Lighting Market Scale- Methodology • TrendForce LED Lighting Market- Product Definition • TrendForce LED Lighting Market Product Definition- Lamps • TrendForce LED Lighting Market Product Definition- Luminaires • Connected Lighting to Create Second Growth Curve for ...

ams OSRAM Stands to Benefit from Apple Adopting Micro LED for Its Products, Says TrendForce

Thu, 16 Feb 2023 09:38:46 +0800

According to TrendForce, Apple is expected to adopt Micro LED for its consumer electronic products in the close future. The Apple Watch will likely be the first among Apple’s products to feature a Micro LED display, and the adoption is anticipated to occur in 2024. Then, during the period from 2026 to 2030, the application scope of Micro LED could expand to encompass AR headset displays, smartphone displays, automotive displays, etc. The Apple Watch as a product line was launched in 2015 and has been in the market for more than eight years. The Apple Wat...

Annual Revenue of Micro LED Chips for TVs Expected to Reach US3.4 Billion in 2025 in Spite of Ongoing Challenges with Cost and Technology, Says TrendForce

Wed, 04 Aug 2021 15:24:36 +0800

Aug. 4, 2021 ---- Annual revenue of Micro LED chips for TV is expected to reach US$3.4 billion in 2025 at a 250% CAGR across the 2021-2025 period, according to TrendForce’s latest report titled 2021 Mini / Micro LED Self-Emissive Display Trends and Analysis on Suppliers’ Strategies. This growth can mostly attributed to the early planning by display manufacturers to adopt Micro LED technology for large-sized displays; although the prohibitive cost of this technology is unlikely to be overcome in the short run, TrendForce still forecasts the afore...

Global LED Video Wall Revenue for 2021 Projected to Increase by 13.5% YoY to US$6.27 Billion as Market Recovers, Says TrendForce

Wed, 30 Jun 2021 16:32:57 +0800

Jun. 30, 2021 ---- Affected by the emergence of the COVID-19 pandemic, global LED video wall revenue for 2020 reached a mere US$5.53 billion, a 12.8% YoY decrease, with the European and US markets suffering the most significant declines, according to TrendForce’s latest investigations. In 2021, as overall market demand recovers, and certain components in the upstream supply chain undergo price hikes due to shortage, LED video wall manufacturers have raised their product prices in response. Hence, LED video wall revenue for this year is expected to reach US$...

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

Thu, 26 Sep 2019 17:15:08 +0800

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...

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

Thu, 11 Apr 2019 14:51:26 +0800

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.

Understanding eLux’s Micro LED Patented Technologies

Fri, 02 Jun 2017 17:52:47 +0800

To develop Micro LED display technology, which is often regarded as the most promising display technology after OLED, Taiwan’s contract manufacturer Hon Hai Precision Industry, better known as Foxconn, recently announced that it will invest around US$10 million to acquire U.S. startup eLux through subsidiaries including CyberNet. After completing the acquisition, CyberNet will hold a 45.45% share in eLux; Innolux 13.64%, and Advanced Optoelectronic Technology 9.09%. Foxconn group companies will become the largest shareholder of eLux.

LEDinside: Micro LED Key Technology Development Map Analysis: Transfer Technology

Wed, 25 Jan 2017 18:01:51 +0800

According to the latest ‘ 1Q17 Micro LED Next Generation Display Industry Member Report’ by LEDinside, Micro LED key technology development cover four sectors, including epi wafer and chip, transfer, bonding, and color conversion.

LEDinside: LuxVue Own Abundant Transfer / Bonding Patents on Micro LED

Mon, 16 Jan 2017 13:49:23 +0800

The latest analysis “1Q17 Micro LED Next Generation Display Industry” by LEDinside, a division of TrendForce, make a further analysis on the Micro LED industry. Judging by current technology, how to transfer Micro LED will be the biggest challenge. In addition, according to current players, the technology value chain is coming into existence. Four key technologies include: the production of epi wafer for micron-size chips, the bonding of the chips, the transferring of micro-LEDs to panel substrates, and color conversion.