According to TrendForce’s latest Gold+ Member: Global LED Market Demand and Supply Database and LED Industry Quarterly Update, the global LED market is expected to reach USD 13.003 billion in 2025, despite economic headwinds such as rising U.S. tariffs and increased operational costs leading to higher product prices and suppressed consumer demand. While general market growth faces pressure, robust performance is anticipated across key sectors like Micro/Mini LEDs, automotive LEDs, horticultural lighting, and UV/IR LEDs, which are expected to sustain upward momentum.
Key Market Highlights:
Micro LED Applications
The integration of AI technologies is accelerating the development of Micro LED displays, particularly in AR (augmented reality) devices. Though early progress in monochrome Micro LED light engines has been modest due to limited differentiation and competition from AI glasses, the full-color Micro LED display segment is laying the groundwork for future expansion. Enhanced waveguide efficiency and ongoing innovations from solution and materials providers are expected to reduce costs, with widespread adoption forecasted post-2027.
Mini LED Video Walls
Demand for Mini LED (COB) displays surged in 2024, with major players like Samsung, LG, Leyard, Unilumin, and BOE leading production. The shift to smaller chip sizes—from 04x07mil to 03x07/03x06mil—demonstrates technological progress. Rising end-market demand continues to drive strong growth for Mini LED wafers.
Automotive Lighting and Displays
In the automotive sector, LED technology adoption remains strong, supported by innovations in adaptive driving beam (ADB) headlights, Mini LED taillights, ambient lighting, and Mini LED-backlit displays. Despite ongoing cost pressures, car production is expected to rebound in the second half of 2025, and automotive LED market value is projected to reach USD 3.509 billion in 2025. Advanced lighting systems will continue to be a marketing differentiator for automakers.
UV LED Market
UV LEDs continue to replace traditional UV lamps, offering longer lifespans and simplified optical systems. Leading companies like Nichia, Seoul Viosys, Violumas, and UVT have introduced comprehensive product lines across the UV-A, UV-B, and UV-C spectrum. With growing maturity in deep UV (DUV) technology, these LEDs are being widely used in disinfection, air purification, phototherapy, and curing applications. Key manufacturers such as ams OSRAM and Nichia recently launched high-power UV-C LEDs (115mW and 135mW, respectively), with additional entries expected from companies like NKFG, LITEON, and UVT in 1H25. Demand continues to rise, especially in air conditioning and flowing water sterilization.
Agricultural Lighting
Looking to 2025, the horticultural lighting sector is expected to grow steadily, fueled by increased demand for local food production and government-backed greenhouse projects. A wave of product replacements is also underway, as installations from 2020–2021 reach the end of their 3–5 year lifecycle. Market demand is shifting toward more efficient, dimmable, and multi-channel LED luminaires with higher photosynthetic photon efficacy (PPE) and luminous output.
Despite broader economic challenges, the LED industry continues to evolve, with technological innovation and specialized applications fueling growth across diverse sectors. As strategic investments continue in AR, automotive, horticulture, and UV technologies, TrendForce’s forecast highlights a resilient and increasingly diversified LED market heading into 2025.
source:https://www.ledinside.com/intelligence/2025/3/2025_03_20_1q25_en
About VSTLED (Shenzhen VST Lighting Co., Ltd)
Founded in 2008, VSTLED(Shenzhen VST Lighting Co., Ltd) , a leading cabinet LED lighting solutions provider, supplier, manufacturer. With over 15 years of extensive experience in OEM/ODM services for cabinet led lighting,
VST factory holds numerous domestically and internationally applied patents. Offer comprehensive customer service solutions tailored to meet diverse needs.
VST factory produces and supplies LED cabinet lights, puck lights, LED strip lights, aluminum profiles, LED reading lights, LED operated lights, LED drivers, and sensor switches to global customers.