Global Handset Flash LED Modules Market: Top 3 Trends by Technavio

Technavio’s latest market research report on the global handset flash LED modules market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The global handset flash LED modules market is expected to grow at a CAGR of more than 21% during the forecast period. The increased demand for smartphones is the major driver for this market. This is due to the emerging demand for dual flash LEDs and programmable flash LEDs. In August 2014, Apple launched the new iPhone 6 with dual flash LED system called dual-tone flash LED. It uses a white LED with an amber LED to improve flash LED lighting.