Subject


Research & Intelligence


2024-06-04

Micro LED Chip Market Value Expected to Reach $580 Million by 2028, Focusing on Head-Mounted Devices and Automotive Applications, Says TrendForce

Research & Intelligence

Jun. 3, 2024 ---- Efforts to reduce the cost of Micro LED chips through size miniaturization are ongoing. Companies like LGE, BOE, and Vistar continue to invest in large display applications, while AUO has been focusing on developing smartwatch products. There is also growing demand for new display ...

2024-05-31

TrendForce:Head-mounted and Automotive Sectors Will Be the Focus for Micro LED Applications

Research & Intelligence

The Micro LED development was hit hard in March 2024 after Apple decided to cancel the Micro LED watch project. Slowdowns in aspects including investments, technological development, and widespread use are unavoidable. Nevertheless, chip miniaturization, which is closely associated with cost reducti...

2024-04-01

Demand Rebounds, Global LED Industry Revenue Expected to Grow 3% in 2024 with Market Focus on Automotive Displays, Says TrendForce

Research & Intelligence

Apr. 1, 2024 ---- TrendForce’s latest LED industry report indicates that the global market is set to recover in 2024, with estimated revenues reaching US$13 billion—marking a YoY growth of 3%. This resurgence is primarily driven by demand across various sectors, including automotive ligh...

2024-03-29

TrendForce 2024 Deep UV LED Market Trend and Product Analysis- Technological Innovations to Drive Expanded Applications

Research & Intelligence

According to TrendForce’s report “2024 Deep UV LED Market Trend and Product Analysis", the UV LED market value is expected to reach USD 309 million in 2028, thanks to application expansion to fields such as curing, medical, disinfection/purification, photocatalytic air purification,...

2024-03-20

TrendForce: LED Market Value to Grow to USD 13.003 Billion in 2024

Research & Intelligence

According to TrendForce’s latest report “Gold+ Member: Global LED Market Demand and Supply Database and LED Industry Quarterly Update”, the market value of LEDs shrunk to USD 12.608 billion in 2023 due to multiple negative factors such as sluggish end-market demand, slow inventory ...

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