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Low-Altitude Aviation’s Untapped Market Expected to Drive Solid-State Battery Demand to 302 GWh by 2035, Says TrendForce

4 December 2024

TrendForce’s latest investigations reveal that the development of flying cars and electric vertical take-off and landing aircraft (eVTOL)/urban air mobility (UAM) vehicles are positioning solid-state batteries as a key energy technology for low-altitude aviation. Based on policy visions in regions like China and the United States, global demand for solid-state batteries in the low-altitude aviation sector is projected to reach 86 GWh by 2030 and further grow to 302 GWh by 2035.

AR and Automotive Applications to Drive Micro LED Chip Revenue to US$489.5 Million by 2028, Says TrendForce

3 December 2024

TrendForce reports that the revenue from Micro LED chips is projected to reach approximately US$38.8 million in 2024, with large displays remaining the primary source of contribution. Looking ahead, breakthroughs in technical bottlenecks are on the horizon, while applications in automotive displays and the increasing maturity of full-color AR glasses solutions are expected to propel Micro LED chip revenue to $489.5 million by 2028.

Global PHEV Sales Surge by 55.3% in 3Q24, BYD Market Share Exceeds 40%, Says TrendForce

2 December 2024

TrendForce’s latest findings show that global sales of NEVs—including BEVs, PHEVs, and FCEVs—reached 4.123 million units in 3Q24, marking a 19.3% YoY increase. Global NEV sales are projected to total 16.26 million units in 2024, representing a 24.8% YoY growth.

AI and Interactive Demand to Drive Humanoid Robot Market Value Beyond US$2 Billion by 2027, Says TrendForce

28 November 2024

TrendForce’s latest findings show that the global humanoid robot market is expected to surpass US$2 billion in value by 2027, supported by major robotics manufacturers gradually achieving mass production by 2025. The market is projected to grow at a CAGR of 154% between 2024 and 2027, with service-oriented robots benefiting significantly from advancements in generative AI, which further enhances market appeal.

Enterprise SSD Demand Soars While Consumer Orders Lag, Driving 3Q24 NAND Flash Revenue Up 4.8%, Says TrendForce

27 November 2024

TrendForce’s latest findings have shown that the NAND Flash industry recorded a 2% QoQ decline in bit shipments in 3Q24, but a 7% rise in ASP boosted overall revenue to US$17.6 billion—making a 4.8% QoQ increase.


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