On July 28, 2026, the LED industry witnessed dynamic adjustments in pricing, technological upgrading and market differentiation. Multiple control card manufacturers raised the prices of BX-series receiver cards on the same day. LYRD also announced a 5%-10% price hike for its full-range COB direct display products effective August 1. The price increase is mainly driven by the rising costs of core raw materials such as PCBs and driver ICs, as well as the growing construction expenses for high-end COB module production lines.
Technological R&D and capacity expansion are steadily advancing. Unilumin has obtained a new patent for LED module protection, bringing its total new patents to 124 this year. Its Nanchang MIP new display production line is scheduled to be put into operation in mid-August. High-end technologies including MIP and COB are gaining rapid popularity. Leading enterprises such as TCL Huaxing and Mocrystal are expanding production capacity for Mini COB and MLED products, targeting high-margin markets including commercial displays, conference screens and stage rental displays. Meanwhile, automotive Mini LED has become a core growth track, with mass production for new vehicles effectively boosting orders for packaging manufacturers.
According to TrendForce forecasts, the global LED display market will achieve a year-on-year growth of 7.76% in 2026, with steady demand for stadium and commercial large screens. However, the industry shows an uneven market performance. The export of traditional LED lighting is under obvious pressure, with China’s H1 LED lighting exports declining by 6.7% year-on-year, especially with a sharp drop in US exports. Severe price competition persists in general lighting and conventional display sectors.
Overall, the LED industry faces intensified polarization. Profit margins of conventional products keep shrinking, while high-value segments such as automotive displays, high-end COB direct displays and special lighting maintain strong growth momentum. Leading enterprises are continuously optimizing core technologies, expanding high-end production capacity and building localized overseas supply chains to consolidate competitive advantages, which will dominate the industry development trend in 2026.