http://www.trendforce.comenhttps://press.trendforce.com/node/view/3334.htmlThe following analysis shows TrendForce’s investigations of key component and other downstream technology industries, under the impact of the COVID-19 outbreak, with the latest data as of February 14, 2020.DRAMMon, 17 Feb 2020 07:25:00 +00003334 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3328.htmlGlobal market intelligence firm TrendForce is honored to announce its 20th anniversary in 2020. In addition to offering enterprise consultation services, TrendForce specializes in the comprehensive market analysis of the global technology sector. With over 20 years of industrial data and insights, TrendForce established Prophet, an AI solutions company, in 2017, growing its service areas to include the emerging digital transformation sector. For the past 20 years, TrendForce has been the leading generator of market information in Greater China’s technology industry. Within the next 20 years, the company is looking to build upon its current core competencies and become the preeminent market intelligence provider and enterprise consultancy on the global stage.Innovative Technological ApplicationsMon, 20 Jan 2020 05:43:00 +00003328 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3301.htmlIn this press release, TrendForce provides predictions of the information and communication technology industry for 2020, focusing on 10 key themes.DRAMWed, 02 Oct 2019 00:49:00 +00003301 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3300.htmlThe latest figures provided by the global research firm TrendForce show that car sales in the US for 2019 are projected to slide by 3% YoY. China’s car sales for the same year are also projected to drop by 7% YoY. Automotive ElectronicsTue, 01 Oct 2019 05:21:00 +00003300 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3283.htmlWith consumers beginning to seek customization and autonomous consumption and the lack of labor becoming a growing problem at the manufacturing end, manufacturers are spurred to become adaptive to a quickly-shifting and widely-varying environment as manufacturing systems become more sophisticated than ever. Thanks to the ripened, new technology, manufacturers may deploy advanced sensing technology in conjunction with AI algorithms and robots to raise information visibility and system controllability, furthering the development of smart manufacturing for Industry 4.0. According to forecasts by TrendForce, the global market scale for smart manufacturing will register a CAGR of 10.7% up to 2022 and near US$370 billion.Innovative Technological ApplicationsWed, 14 Aug 2019 05:38:00 +00003283 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3258.htmlAccording to TrendForce , electric cars have already become the main motivator for growth of the future car industry, and are expected to exceed 8 million units in 2021, twice the amount of shipments for 2018. Apart from batteries and engines, IGBT power components are ranked as the most important among key electric car components, being used in numbers 5 to 10 times that of traditional internal combustion engines. These modules may therefore bring about continual growth of total IGBT market revenue, which is projected to go beyond the US$5.2 billion mark.Automotive ElectronicsWed, 12 Jun 2019 05:54:00 +00003258 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3231.htmlGlobal research institute TrendForce asserts in its latest Global Automotive Market Decode for 1Q report that the global automotive market scale is predicted to reach 94.4 million in shipments 2019, a 0.8% decrease compared to 2018. Despite this drop in market scale, car manufacturers are hoping to spur market development by turning to the electric vehicle market. Electric vehicle shipments are predicted to arrive at 5.15 million in 2019, reaching a YoY growth of 28%. YoY growth of new energy vehicles alone ( excluding hybrid electric vehicles) is expected to hit 51%.Innovative Technological ApplicationsTue, 16 Apr 2019 03:16:00 +00003231 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3207.htmlAccording to the latest research by EnergyTrend, a division of TrendForce, the market of new energy vehicle will continue to grow steadily, driving the demand for xEV batteries, despite the slowdown in global automotive market since 2018. The global demand for lithium-ion batteries used in new energy passenger cars is estimated to reach 155GWh in 2019, a growth of 63% from 95GWh in 2018.Green EnergyWed, 23 Jan 2019 08:25:00 +00003207 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3189.htmlLED companies have been keeping low stocking due to the sluggish demand in the end markets in 2018 and impacts of the China-US trade war, according to LEDinside, a division of TrendForce. Looking ahead to 2019, the overall industry still has risks of oversupply, but demands for niche applications, including fine-pitch LED digital display, Mini LED backlight, UV-C LED, automotive lighting and high-efficiency lighting LED, have a positive outlook and may drive the market growth in the future.Automotive ElectronicsWed, 12 Dec 2018 07:10:00 +00003189 at http://www.trendforce.comhttps://press.trendforce.com/node/view/3171.htmlAccording to EnergyTrend, a division of TrendForce, eased oil prices and sliding xEV battery costs may drive Taiwan’s fledgling electric scooter market. Taiwan is expected to have 78000 electric scooters in 2018, taking a share of 8% in its overall scooter market. For 2019, the market share of electric scooters will reach 10%, of which 90% will be heavy electric scooters, up from 85% in 2018.Automotive ElectronicsTue, 16 Oct 2018 05:58:00 +00003171 at http://www.trendforce.com