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In this press release, TrendForce details 10 major trends that are expected to take place across various segments in the tech industry, as follows:
According to the latest TrendForce research, "TrendForce 2022 Micro LED Self-Emitting Display Trends and Analysis on Supplier's Strategies," 4-inch wafers for Micro LED Large-Sized displays will reach approximately 1.14 million units by 2026. The chip market is expected to reach US$2.7 billion with a compound annual growth rate of approximately 241% from 2021 to 2026.
According to TrendForce's latest research report "TrendForce 2022 Self-Emitting Micro LED Display Cost and Trend Analysis," Micro LED light engine performance beats Micro OLED in terms of brightness, contrast ratio, and responsiveness in transparent AR smart glasses microdisplays and is ideal for applications in outdoor environments. Since 2021, more than 10 branded manufacturers around the world have launched Micro LED transparent AR smart glasses concepts and related suppliers have improved Micro LED technology and accelerated factory expansion in order to meet subsequent mass production planning. In 2026, the revenue of Micro LED transparent AR smart glasses chips is forecast at approximately US$38.3 million, with annual compound growth rate of Micro LED chips from 2023 to 2026 at approximately 704%.
According to TrendForce's latest "2022 Global Automotive LED Product Trend and Regional Market Analysis " report, although demand in the car market will decline in 2022 due to the impact of the Russian-Ukrainian war and China's pandemic resurgence, gains made in the penetration rate of LED headlights coupled with the development of advanced technologies such as intelligent headlights, logo lamps, and intelligent ambient lights will sustain a backstop for market demand in automotive lighting in 2022. At the same time, the soaring cost of plastics will compel automotive lighting product pricing to remain flat or even increase. Therefore, TrendForce forecasts that the market value of the global automotive lighting will reach US$32.68 billion in 2022, 4% YoY. The top five international automotive lighting manufacturers Koito, Valeo, Marelli Automotive Lighting, Hella, and Stanley, maintained a combined market share of 65% in 2021.
According to TrendForce's latest Micro LED research report, among many Micro LED display applications, Micro LED microdisplays will be the next new high-end product following on the heels of large-scale display development. The market value of Micro LED AR smart glasses display chips is forecast to reach US$41 million by 2026. The reason for such a significant growth in market value in just one year from 2025 to 2026 is primarily due to the gradual maturity of technologies such as red chips, laser transfer, wafer bonding and full-colorization, which can improve yield and reduce production costs.