2021-06-30

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

Jun. 30, 2021 ---- Affected by the emergence of the COVID-19 pandemic, global LED video wall revenue for 2020 reached a mere US$5.53 billion, a 12.8% YoY decrease, with the European and US markets suffering the most significant declines, according to TrendForce’s latest investigations. In 2021, as overall market demand recovers, and certain components in the upstream supply chain undergo price hikes due to shortage, LED video wall manufacturers have raised their product prices in response. Hence, LED video wall revenue for this year is expected to reach US$...
Continue reading
2021-06-28

An Overview of China’s Third-Generation Semiconductor Industry in a Global Context

Some of the advantages of third-generation semiconductors SiC and GaN include their ability to operate under high voltages, high temperatures (for SiC), and high frequencies(for GaN). Not only do these advantages allow manufacturers to significantly reduce the physical sizes of chips, but peripheral circuit designs can also be simplified as a result, thereby further reducing the sizes of modules, peripheral components, and cooling systems. That is why SiC and GaN have become important strategic focuses of the global semiconductor industry. As part of its ongoing goa...
Continue reading
2021-05-25

Price Hike of Lighting LED Products in 2Q21 Projected to Propel Lighting LED Market Revenue for 2021 to US$6.709 Billion, Says TrendForce

May 26, 2021 ---- Product prices across the overall lighting LED market are expected to increase by about 0.3%-2.3% QoQ in 2Q21, according to TrendForce’s latest investigations. This price hike can primarily be attributed to the fact that overall demand in the LED lighting market has been rebounding since 1Q21 and remaining in an uptrend since 2Q21. Furthermore, the industry-wide shortage of LED components in the upstream supply chain, caused by the onset of the COVID-19 pandemic, has yet to be addressed, thereby compelling lighting product manufacturers to ram...
Continue reading
2021-02-04

TrendForce: 2021 Global LED Lighting Market Outlook and Opportunities v.s. Challenges Analysis

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...
Continue reading
2021-01-19

Shortage Caused by Explosive Growth in Mini LED Demand to Result in 5-10% Price Hike for LED Chips, Says TrendForce

(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...
Continue reading
2020-12-23

TrendForce:Global LED Demand Set to Rebound from Rock Bottom in 2021, with Forecasted US$15.7 Billion in Yearly Revenue, Says TrendForce

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...
Continue reading
2019-12-27

As 8K Grows in Popularity, LED Ultra-Fine Pitch Display Market to Reach 58% CAGR in 2019-2023, Says TrendForce

According to the latest report by the LEDinside research division of TrendForce, titled 2020 Global LED Video Wall Market Outlook – Meeting Room, Sales Channel and Price Trend, the demand for displays with high resolution and HDR capabilities has skyrocketed; thus, the LED fine pitch display (pixel pitch ≤ P2.5) market is expected to reach 27% CAGR in the 2019-2023 period. On the other hand, ultra-fine pitch displays have more momentum for growth because of their lower shipment numbers at the present. The ultra-fine pitch display (pixel pitch ≤ P...
Continue reading
2017-12-11

Excerpts from TrendForce's Forum on Key Trends in Electronic Components Industry

The global research company TrendForce held 2018 Forum on Key Trends in Electronic Components Industry on December 7, 2017. Here are the key excerpts from the forum.
Continue reading
2017-10-20

The First Summit of Global Industry Development Trend of Intelligent and New Energy Vehicles

On 18th October, in 309A Meeting Hall in Beijing National Convention Centre, the Summit of Global Industry Development Trend of Intelligent and New Energy Vehicles, held by TrendForce and VehicleTrend, co-organized by Beijing Auto Square, supported by China Council for Promotion of International Trade Machinery Sub-Council, AutoKnow, Global Auto Media and China Electrotechnical Society, finished successfully.
Continue reading
2017-09-11

Hardware Market for Mobile 3D Sensing Will Expand at a CAGR of 209% From 2017 to 2020, Says TrendForce

Major technology companies have been developing solutions and platforms for 3D sensing, which is expected to be featured on the upcoming iPhone devices. Market intelligence TrendForce anticipates that from 2017 onward, the market for 3D sensing solutions used in mobile devices will witness leaping growth. The total value of the global market for 3D sensing modules used in mobile devices is estimated to reach US$1.5 billion in 2017 and is forecast to grow at a massive CAGR of 209% to around US$14 billion in 2020. Note that the 3D sensing module that is being discussed includes IR transmitter and receiver components.
Continue reading
2017-07-28

Foxconn to Move LCD Production to North America and Spearheads the Integration of Region’s Consumer Electronics Chain, Says TrendForce

Foxconn on July 26 announced the initiation of its “Flying Eagle Project” in North America and a US$10 billion investment to build a Gen-10.5 LCD panel fab in Wisconsin. According to WitsView, a division of TrendForce, this proposed plant will be mainly producing panels of 8K resolution. Display technologies behind 8K resolution are well developed and have existed for a while. Nonetheless, Foxconn’s Wisconsin plant represents the first-ever attempt to build LCD manufacturing capacity in North America. As LCD technology matures, having an integrated supply chain for its end products near or within the key regional markets will be crucial to the competitiveness of panel suppliers and consumer electronics brands.
Continue reading
2017-06-28

Accident at LGD’s Gen-8.5 Fab in South Korea Will Tighten Supply for Large-Size LCD Panels This Third Quarter, TrendForce Reports

LG Display (LGD) suffered a serious disruption to its production of large-size LCD panels on June 24, when a deadly accident occurred at its P8-1 panel fab in Paju, South Korea. The Gen-8.5 has been shut down for repair and investigation by the local authorities. WitsView, a division of TrendForce, states that this incident will have a major impact on the supply of large-size panels in the third quarter. While panel quotes have softened during the second quarter, the third quarter will see a return of seasonal demand from device vendors. The accident at P8-1 will contribute to a tightening of the supply and help prop up prices to some extent.
Continue reading
2017-05-17

Slowdown in China Caused First-Quarter Global LCD TV Shipments to Drop by 31% Compared With Prior Quarter, Says TrendForce

WitsView, a division of TrendForce, reports shipments of LCD TV sets for the first quarter of 2017 came to 44.05 million units, a decrease of 31% from the prior quarter and a year-on-year decline of 8.4%. Poor sales results in China during the Chinese New Year holiday period was a major factor behind the year-on-year shipment drop.
Continue reading
2017-04-26

Technology Brands Including Facebook Dive Deep Into the Potential of Micro-LED Displays for AR and VR Devices, Reports LEDinside

Following Sony’s introduction of CLEDIS (Crystal LED Integrated Structure) displays and Apple’s acquisition of LuxVue, more technology companies are exploring the possibilities of micro-LED in various display applications. LEDinside, a division of TrendForce, reports that there are now nearly 100 private companies and research organizations participating in the development of micro-LED displays. Besides Apple and Sony, there are other major technology brands that invest in micro-LED. Notable cases include the acquisition of InfiniLED by Facebook’s Oculus and the partnership agreement between Ostendo Technologies and KDX. By entering this field in advance, these companies hope to gain favorable positions in the future.
Continue reading
2017-04-21

IR Sensor Modules for Mobile Devices to Reach US$145 Million in Scale This Year as Smartphones Adopt 3D Sensing for Facial Recognition Applications, Says TrendForce

Among the possible new technologies to be incorporated in this year’s refresh of the iPhone series, 3D sensing has generated a lot of interests in terms of applications. A 3D sensing solution requires an RGB camera module an infrared (IR) sensor module that uses VCSEL (vertical-cavity surface-emitting laser) as a light source. With more high-end smartphones adopt 3D sensing, TrendForce estimates that the worldwide market scale of IR sensor modules for mobile devices will reach US$145 million in 2017.
Continue reading
2017-03-30

Strong Demand for Larger Sizes Will Expand This Year’s TV Panel Shipment Area by 7.3%, Says TrendForce

WitsView, a division of the market intelligence firm TrendForce, estimates that worldwide shipments of LCD TV panels for 2017 will total 255.6 million units, down 1.8% in unit volume from 2016. This year’s increase in the average size of TV panels, however, will lead to an annual growth of 7.3% in total shipment area.
Continue reading
2017-03-08

Prices of LED Light Bulbs Fell in February as a Wave of Economically Priced LED Filament Bulbs Arrived in Europe and the U.S., Says LEDinside

LEDinside, a division of TrendForce, reports that the global average sales price (ASP) of 40-watt equivalent LED replacement light bulbs came to US$6.8 this February, down 0.6% from the prior month. As for 60-watt equivalent counterparts, their global ASP in the same month stood at US$8.2, dropping 2.1% from January.
Continue reading
2017-03-03

LEDinside Projects Huge Market Growth for Optical Sensors Used in Iris/Facial Recognition with 2017~2025 CAGR at 24%

The respective additions of 3D Sensing and iris recognition into the next-generation iPhone devices and Samsung Galaxy S8 will generate a new wave of demand for IR (infrared) LEDs used in optical sensors. LEDinside, a division of TrendForce, has recently published its 2017 IR LED/IR Laser and Optical Sensor Market Report. In the report, LEDinside states that that the global market scale of IR LED and IR laser components used in iris and facial recognition solutions will grow from US$145 million in 2017 to US$827 million in 2025. The CAGR in the forecast period is estimated at 24%.
Continue reading
2017-03-01

WELLMAX Sponsors 2017 LEDinside Chief Analyst Market Seminar

On 20th February, the "2017 LEDinside Chief Analyst Market Seminar" (Shanghai Station) was successfully held by LEDinside representing TrendForce and CNLED web in Shanghai Parkyard Hotel. Shanghai Wellmax Lighting Industry Co. (hereinafter referred to as "WELLMAX") as the LED Bulb Expert, attended the event as the event’s sponsor. WELLMAX CEO Wang Yamin, head of Procurement Department Ji Lei and other team members exchanged views with many honored guests on the scene. The conference attracted many top LED manufacturers, research centers, testing organizations from home and abroad. The event was covered by 18 media partners. 
Continue reading
2017-02-15

Global Tablet Shipments Fell by Just 6.6% Annually in 2016 as Brands Registered Above Expected Results, Says TrendForce

Market research firm TrendForce reports annual tablet shipments worldwide posted a decline for 2016, dropping 6.6% to 157.4 million units. However, total shipments from branded tablet vendors surpassed expectations because of the robust year-end holiday sales.
Continue reading
2015-11-03

LEDforum 2015: Niche LED Markets Hold the Key to Profitability

If LED manufacturers were a K-pop group releasing a catchy song with a repetitive chorus, it would probably be “price wars are killing me slowly.” It has been a recurring subject in LED manufacturers presentation at LEDforum in the last three years. Intense price competitions in the LED market over the last few years has caused manufacturers a lot of pain, with the worse still to come in 2016, said Sean Zhou, Regional Marketing Director Asia, Lumileds.
Continue reading
2015-05-12

LEDinside Reports Sliding LED Package Prices

LED package prices continued to fall in the second quarter, according to the latest price report from LEDinside, a division of TrendForce. Compared with the prior quarter, the average LED price for lighting application products has fallen by 1~9%, excluding the package 2835 LEDs. Since the 2835 LED products are mainstream products in China’s lighting market, their average price decline has reached 10~17%, more severe than products of other package types. For backlight LED package products, average prices dropped by 3~6% during the second quarter. Price competition in the direct-type LED backlight market remains fiercest this year compared to other LED packages market.
Continue reading
2015-04-20

LEDforum 2015: Sharing Business Development Strategies with LED Industry Giants, Free Registration

LEDforum 2015 in Guangzhou, Guangdong Province, China is less than 60 days away! If the LED industry’s performance in 2014 was extraordinary, than 2015 will be glorious. LEDinside estimates that the global LED lighting market will reach $25.7 billion dollars and its market penetration will increase 31% in 2015, while the overall lighting market is projected to grow to $82.1 billion.
Continue reading
2015-01-22

TrendForce Acquires Topology to Strengthen International Market Strategy

TrendForce, a global market intelligence firm, announced today that it has become the majority shareholder of Topology Research Institute, and has fully acquired operation and management rights. Kevin Lin, the CEO of TrendForce, will also hold the title of Chairman of Topology. Topology’s operations, brand, and managing staff will be under the same business model after the merger.  LEDinside is a research division of TrendForce.
Continue reading
2014-07-11

Chinese TV Brands’ Rise Drives Backlight-use LED Manufacturers to Intensify Backlight Market Strategy, says TrendForce

Global shipment proportions for Chinese TV brands are increasing yearly, with the possibility to reach 28 percent in 2014, according to the latest China LED Package Industry Market Report from LEDinside, a division of research organization TrendForce. Six Chinese TV brands will benefit the most from domestic demands in 2014. LED manufacturers beginning to pay more attention to opportunities in this market segment due to low in-house LED production capacity of Chinese TV brands and low strategic alliance among LED manufacturers. The supply chain for Chinese TV brands has started to change. Once reliant on Taiwanese and Korean LEDs, Chinese package manufacturers is starting to change as price competition heats up and technology matures. 
Continue reading
2014-07-09

Lighting-use LED Market Scale Hits US $4.88B, says TrendForce

The global high brightness LED market scale reached US $14.4 billion this year and is estimated to increase to US $16.6 billion by 2018, with a compound growth rate of 4%, according to “2014 LED Supply and Demand Data Base” by LEDinside, a LED research division of TrendForce. The LED package market value for lighting applications will reach US $4.88 billion and maintain market share of 34%. 
Continue reading
2013-10-24

LEDInside: LED Lamp Retail Price Fluctuate in Sept.

Global Average Selling Price (ASP) for 40W equiv. LED lamp was up 2.8 percent to US$ 16.2 in Sept. 2013, according to a latest LED lamp ASP survey by LEDinside, a research subsidiary of TrendForce. Few new products were released worldwide last month. Global 60W equiv. LED lamp was down 2.5 percent to US$ 21.4. Price plunge was most evident in U.S., as top North American lighting brands and wholesalersretail channel brands begin releasing super competitive-pricedcheap products. The implemented strategy has obviously stimulated purchases. 
Continue reading
2013-10-15

TrendForce: Global LED Lighting Demand Growths to Continue in 2014

The LED lighting market value will soar 47.8% to reach US$35.3 billion by 2014, compared to 2013, according to projections by LEDinside, a green energy research subsidiary of TrendForce. In addition, LED lighting penetration rates are expected to increase 32.7%, with bulb and tube penetration rates at 20% and 15% respectively. To meet new LED bulb and tube market demands in 2014, an estimated 250 MOCVD equipment will be required, according to Jack Kuo, Senior Analyst, Trendforce. 
Continue reading
2013-06-24

LEDinside: Taiwanese LED manufacturers’ sales revenue in May sets a record high; order demand for backlight in June remains steady

As indicated by market research organization TrendForce’s research division LEDinside, LED market demand was benefited from inventory demand and lighting market order demand. In May, 2013, Taiwanese listed LED manufacturers’ total sales revenue increased to NTD10.96 billion (+6.8%MoM,+23.8%YoY). Meanwhile, Taiwanese listed LED chip manufacturers’ total sales revenue reached NTD4.44 billion (+6.7%MoM,+10.9%YoY). Moreover, that of Taiwanese listed LED package manufacturers also increased to NTD6.52 billions (+6.9%MoM,+34.4%YoY).
Continue reading
2013-06-10

TrendForce:Low Consumer Awareness To Be Main Obstacle for Chinese LED Lighting Market

Global market intelligence organization TrendForce’s research division LEDinside and Consumer research division AVANTI joint research results showed that only 25% of average Chinese consumers had a clear knowledge of LED bulbs. If LED lighting wants to popularize their products, the key is through increasing consumer awareness.
Continue reading

With up to 2000lm per LED, LUXEON 7070 delivers the power, efficacy and solution cost reductions luminaire manufacturers need   San Jose, CA – August 31, 2021 – More lumens, higher efficacy, and lower system costs are the... READ MORE

 - Osconiq E 2835 CRI 90 (QD) expands ams OSRAM's portfolio of lighting solutions that provide very high quality in a new mid-power LED. - In-house Quantum Dot technology ensures outstanding efficiency values of over 200 lm/W, even at... READ MORE