Micro-LED Market Global Industry Analysis, size, share and Forecast 2020-2027

by Asad Waheed Consultant

The Micro-LED market report, published by GMI Research, provides extensive insight and analysis of the Micro-LED market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the Micro-LED market. The research report also studies the competitive environment of the Micro-LED market based on the company profiles and their efforts on increasing product value and production.

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Leading Players in the Micro-LED Market

The notable players in the Micro-LED market include Philips Lighting N.V., Aledia, Epistar Corp, Samsung Electronics Co., Ltd, LG Electronics Co., Ltd, Glo AB, Sony Corporation, Apple Inc., JBD Inc., and X-Celeprint, among others.

Key Drivers in the Micro-LED Market

The accelerating demand for more power-efficient display screens in smartwatches, smart devices, and AR/VR devices is the major factor that is driving the growth of the Micro-LED market. Several multinational giants are mainly emphasizing on technological development to capture the strong demand of the market. Additionally, the rising demand for consumer electronics will further surge the demand of the market over the coming years.

The Micro-LED has brighter light, provides ultrahigh definition picture quality, enhances color saturation, and consumes less energy as compared to OLEDs and LCDs. As per the Micro-LED market forecast, the growing penetration of smart devices such as smartphones, iPad, laptops, and television, will further boost the demand of the market at the global level. On the other edge, the easy availability of cheaper substitute products such as OLED is likely to hamper the growth of the market globally.

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Market Segmentation

Micro-LED Market by Application:

  • Display
    • Near-To-Eye (NTE) Devices
    • Smartwatch
    • Television
    • Head-Up Display (HUD)
    • Smartphone and Tablet
    • Monitor & Laptops
    • Digital signage
  • Lighting
    • General Lighting
    • Automotive Lighting

Micro-LED Market by Panel Size:

  • Microdisplay
  • Small & Medium Sized Panel
  • Large Panel

Micro-LED Market by Vertical:

  • Consumer Electronics
  • Advertisement
  • Automotive
  • Aerospace & Defense
  • Energy & Power
  • Architecture & Construction
  • Entertainment & Sports
  • Retail
  • Residential
  • Others

Micro-LED Market by Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

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About Asad Waheed Advanced   Consultant

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Joined APSense since, February 3rd, 2018, From New Delhi, India.

Created on Jul 15th 2020 06:24. Viewed 191 times.


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