Micro LED Market (Impact of COVID-19) Size, Status and Forecast 2020-2025 | CAGR 61.3%

The report presents an in-depth assessment of the Global Micro LED including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Micro LED investments from 2020 till 2023.

The Micro-LED market is expected to register a CAGR of over 61.3%, during the forecast period of 2018 – 2023. The report profiles the providers of micro led display and lighting products for numerous end users.

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The increase in demand for bright and power efficient displays, along with growth in the consumer electronics industry, is boosting the growth of the micro LED market. Also, a rise in interest among leading brands, such as Samsung and Apple, has led to an increase in the number of micro-LED startup companies. Increase in demand for attractive and high-end specification display products is also boosting the growth of the consumer electronics verticals. Technological advancements in micro-LED technology is generating interest among different end users to use the micro LED-based products.

Top Leading Manufactures-

Apple, Inc (Luxvue), Sony Corporation, Lg Display Co Ltd, Aledia Sa, Epistar Corporation, Verlase Technologies, Rohinni Llc, Samsung Electronics Co Ltd, Jbd Inc., Glo Ab, Ostendo Technologies, Inc, Vuereal ,Inc, And Allos Semiconductors

Market Scenario:

However, an increase in demand for OLED display by consumers is hampering the growth of the micro-LED market. Some of the other factors restraining growth in this market are the rising popularly of folded display in tabs and smartphones.

The Emergence of Micro-LED Technology May Drive Growth in the Consumer Electronics Vertical

Micro-LED is a display technology used to enhance the quality and brightness of an image. They are used in brighter and power-efficient display wearables, like smartwatches, which have a huge impact on the consumer electronics industry. For example, Samsung had developed a wall TV, known as mLED TV. This one of the factors driving the growth of the micro LED market. Tablets and Smartphones are high-volume applications of micro LEDs.

Asia-Pacific is Expected to Witness the Highest Growth Rate

The Asia-Pacific region is expected to witness the fastest growth rate, over the forecast period, due to the presence of leading product manufacturers, LED foundries, and display panel manufacturers. LED lighting in Asia has developed in the recent years and gradually replaced traditional lighting. It is anticipated that, along with the policy incentives and increasing demand for replacement, the demand for micro LED lighting will increase, during the forecast period. Moreover, recent technological advancements in micro LED have led to an increased focus on these products, worldwide. This is increasing the competition between among players in the micro LED market in this region. Thus, APAC-based display panel manufacturers have accelerated their R&D and investments in micro LED.

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Competitive Landscape

-April 2018: Sony Corporation showcased its latest development, a huge 8K micro LED display at the NAB 2018 show in Las Vegas, in the micro LED display technology. It had also unveiled its new UHC-8300 broadcast camera that is capable of shooting video in 8K resolution at 120 frames per second, at NAB 2018.

-Jan 2018: Samsung Electronics Co. Ltd had introduced the Wall – the worlds first consumer modular MicroLED 146-inch TV – at its annual First Look CES event. The modular and self-emitting MicroLED 146 TV display was featured alongside Samsungs latest innovations in display technology, demonstrating the way television is evolving to offer consumers an outstanding viewing experience, while acting as a centralized connected smart hub to enhance everyday life.

What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: Global Micro LED Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

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At a CAGR 61.3% Micro LED Market Analysis On Size and Industry Demand 2020 Apple, Inc (Luxvue), Sony Corporation, Lg Display Co Ltd, Aledia Sa, Epistar Corporation 2020-2023

The report presents an in-depth assessment of the Global Micro LED including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Micro LED investments from 2020 till 2023.

The Micro-LED market is expected to register a CAGR of over 61.3%, during the forecast period of 2018 – 2023. The report profiles the providers of micro led display and lighting products for numerous end users.

Click the link to get a free Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/01241063709/global-micro-led-market-segmented-by-application-display-and-lighting-end-user-consumer-electronics-automotive-aerospace-defense-advertisement-others-and-region-growth-trends-and-forecast-2018-2023/inquiry?Mode=21

The increase in demand for bright and power efficient displays, along with growth in the consumer electronics industry, is boosting the growth of the micro LED market. Also, a rise in interest among leading brands, such as Samsung and Apple, has led to an increase in the number of micro-LED startup companies. Increase in demand for attractive and high-end specification display products is also boosting the growth of the consumer electronics verticals. Technological advancements in micro-LED technology is generating interest among different end users to use the micro LED-based products.

Top Leading Manufactures-

Apple, Inc (Luxvue), Sony Corporation, Lg Display Co Ltd, Aledia Sa, Epistar Corporation, Verlase Technologies, Rohinni Llc, Samsung Electronics Co Ltd, Jbd Inc., Glo Ab, Ostendo Technologies, Inc, Vuereal ,Inc, And Allos Semiconductors

Market Scenario

However, an increase in demand for OLED display by consumers is hampering the growth of the micro-LED market. Some of the other factors restraining growth in this market are the rising popularly of folded display in tabs and smartphones.

The Emergence of Micro-LED Technology May Drive Growth in the Consumer Electronics Vertical

Micro-LED is a display technology used to enhance the quality and brightness of an image. They are used in brighter and power-efficient display wearables, like smartwatches, which have a huge impact on the consumer electronics industry. For example, Samsung had developed a wall TV, known as mLED TV. This one of the factors driving the growth of the micro LED market. Tablets and Smartphones are high-volume applications of micro LEDs.

Asia-Pacific is Expected to Witness the Highest Growth Rate

The Asia-Pacific region is expected to witness the fastest growth rate, over the forecast period, due to the presence of leading product manufacturers, LED foundries, and display panel manufacturers. LED lighting in Asia has developed in the recent years and gradually replaced traditional lighting. It is anticipated that, along with the policy incentives and increasing demand for replacement, the demand for micro LED lighting will increase, during the forecast period. Moreover, recent technological advancements in micro LED have led to an increased focus on these products, worldwide. This is increasing the competition between among players in the micro LED market in this region. Thus, APAC-based display panel manufacturers have accelerated their R&D and investments in micro LED.

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https://www.marketinsightsreports.com/reports/01241063709/global-micro-led-market-segmented-by-application-display-and-lighting-end-user-consumer-electronics-automotive-aerospace-defense-advertisement-others-and-region-growth-trends-and-forecast-2018-2023/discount?Mode=21

Competitive Landscape

-April 2018: Sony Corporation showcased its latest development, a huge 8K micro LED display at the NAB 2018 show in Las Vegas, in the micro LED display technology. It had also unveiled its new UHC-8300 broadcast camera that is capable of shooting video in 8K resolution at 120 frames per second, at NAB 2018.

-Jan 2018: Samsung Electronics Co. Ltd had introduced the Wall the worlds first consumer modular MicroLED 146-inch TV – at its annual First Look CES event. The modular and self-emitting MicroLED 146 TV display was featured alongside Samsungs latest innovations in display technology, demonstrating the way television is evolving to offer consumers an outstanding viewing experience, while acting as a centralized connected smart hub to enhance everyday life.

What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: Global Micro LED Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

Media Contact Us:

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234 | +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

 

Micro-LED Market Technological Growth and Precise Outlook 2020 to 2025

Micro-LED Market

Global Micro-LED Market Insights, Forecast to 2025:

The report discusses many vital industry facets that influence global Micro-LED Market industry acutely which includes extensive study of competitive edge, recent advancements, region-wise industry environment, contemporary market and latest trends, leading market contenders, and recent tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation.

The Micro-LED market will register a 119.8% CAGR in terms of revenue, the global market size will reach $ 156.1 million by 2025, from $ 7 million in 2019.

The global Micro-LED Market Analysis Report includes Top Companies: Samsung Electronics, AU Optronics, Apple, Jbd, Lumens, Sony, VueReal, LG Display, Plessey Semiconductors, Innolux Corporation, Lumiode, eLux, Inc. along with their company profile, growth aspects, opportunities, and threats to the market development. This report presents the industry analysis for the forecast timescale. An up-to-date industry details related to industry events, import/export scenario, market share is covered in this report.

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Global Micro-LED Market Split by Product Type and Applications:

This report segments the global Micro-LED market on the basis of Types are:

Small Sized Panels
Medium Sized Panels
Large Size Panels

On the basis of Application, the Global Micro-LED market is segmented into:

Cellphone
Wearable Watch Device
AR/VR
TV
Others (Automotive Display, etc.)

This study mainly helps to understand which Micro-LED market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize Growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/Micro-LED players in the market.

Regional Analysis For Micro-LED Market:

For comprehensive understanding of market dynamics, the global Micro-LED market is analyzed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, ArgenMicro-LEDa, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Research Methodology:

Micro-LED Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Micro-LED Market, to estimate the size of various other dependent submarkets in the overall market.

Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

The Micro-LED Market information for each Competitor Includes:

Company Profile

Main Business Information

SWOT Analysis

Sales, Revenue, Price and Gross Margin

Market Share

Influence of the Micro-LED market report:

-Comprehensive assessment of all opportunities and risk in the Micro-LED market.

-Micro-LED market recent innovations and major events.

-Detailed study of business strategies for growth of the Micro-LED market-leading players.

-Conclusive study about the growth plot of Micro-LED market for forthcoming years.

-In-depth understanding of Micro-LED market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking theMicro-LED market.

The report has 150 tables and figures browse the report description and TOC:

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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