Institution: Global LED shipments grew 3.3% year-over-year in Q2 2026, but revenue declined 0.2%

According to Omdia's "LED Video Display Market Tracker - 2026 Q2," global shipments in the second quarter of 2026 grew 3.3% year-over-year, but revenue declined 0.2%, highlighting continued pressure on the industry. Since late 2025, manufacturers have faced pressure from significant increases in component costs. Suppliers of LED chips, driver ICs, printed circuit boards, power supplies, and other raw materials have successively announced price adjustments. In response, multiple brands have completed 3 to 4 rounds of product price increases, with cumulative adjustments ranging from 3% to 30%.