Jun. 1, 2023 ---- TrendForce has reported a significant decline in global LED demand throughout 2022, resulting in a noticeable downturn in both LED lighting and video wall markets. The industry was faced with an LED chip surplus, which led to a continuous drop in prices throughout the year. The ...

As TrendForce specifies in its latest report “TrendForce 2023 Micro LED Market Trend and Technology Cost Analysis”, although revenue from Micro LED chips installed in wearables (mainly smartwatches) are estimated to be only USD 3 million in 2023, the number will skyrocket to USD 172 mill...

According to TrendForce’s 2023 Deep UV LED Market Trend and Product Analysis, the pandemic woes in China affected both supply chains and new project investments across the UV-A LED sector in 2022, where the market demand for PCB exposure machines and LCD lamination equipment—related to c...

According to TrendForce’s latest report “Gold+ Member: Global LED Industry Data Base and LED Player Movement Quarterly Update”, soaring raw material costs and high inflation caused by the Russia–Ukraine war and pandemic woes in China have slashed consumer market demand and in...

According to TrendForce’s latest market research report “TrendForce 2023 Global LED Lighting Market Analysis-1H23”, the global LED lighting market value shrank to USD 61.4 billion in 2022 with a 5% YoY decline due to numerous factors. Entering 2023, the market demand will likely re...