2023-08-11

Japanese Watchmakers and Western Automakers Boost Micro LED Market to Near US$600 Million by 2027, Says TrendForce

Aug. 10, 2023 ---- Mass production of large displays and wearable devices is propelling the Micro LED market. TrendForce predicts that the market value of Micro LED chips will reach $27 million in 2023, indicating a YoY growth of 92%. With the scaling of existing application shipments and the introduction of new applications, it’s projected that the market value of Micro LED chips will approach $580 million in 2027, representing a CAGR of approximately 136% from 2022 to 2027. Alongside the consistent growth in chip values, ancillary industries—such as tran...
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Stanley Electric Co., Ltd. (Head Office: 2-9-13 Nakameguro, Meguro-ku, Tokyo; President and CEO: Yasuaki Kaizumi) has significantly improved the emission efficiency of its UV-C LEDs at a wavelength of 265nm—widely recognized as the most ... READ MORE

LEDVANCE, one of the world’s leading providers of general lighting, was honoured as the winner in the “Excellence in Business to Consumer Lighting” category at the German Innovation Awards 2026 in Berlin on May 12. Following ... READ MORE