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Institutions: The LED market output value is expected to reach $12.176 billion by 2026.
Ask AI · Under Weak Consumer Electronics, Where Does the Growth Momentum for the LED Market Come From?
TrendForce, the latest data from TrendForce indicates that in 2026, a surge in memory prices will further intensify the weakness in consumer electronics shipments, suppressing global consumer demand. However, Micro/MiniLED, UV/IR LED, automotive lighting and display, and agricultural lighting application markets will continue to bring growth momentum to the LED industry in 2026. Overall, the LED market’s production value in 2026 is expected to reach $12.176 billion.