Global Micro-LED Market 2018 Top Players Are Industrial Technology Research Institute, Changchun Institute, III-V Lab, CEA Leti, Hong Kong University of Science and Technology, and Fraunhofer-Gesellschaft
Micro-LED Market By Application (Display And Lighting), By Panel Size (Micro-Display, Small- And Medium-Sized Panel And Large Panel), By Industry Vertical (Consumer Electronics, Automotive, Advertisement, Aerospace & Defense And Others), By Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East And Africa) - Industry Trends and Forecast to 2025
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The Global Micro-LED Market accounted for USD 20.8 billion in 2017 and is projected to grow at a CAGR of 80.4% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Micro-LED is the cutting edge innovation in show. Micro-LED is otherwise called mLED, small scale LED or µLED. The small scale LED is a developing innovation in the level board show. The micro-LED furnishes a prevalent show with an improved differentiation when contrasted with LCD innovation. The Micro LED additionally gives better reaction in terms of time and aides in utilization of less vitality. It is created by assembling of electronic devices which are used in gadgets such as smartphones and smart watches. They also discover application in lighting. The organizations manufacturing Micro-LED specifically targets the buyers who has a keen interest in smart gadgets. A part of the Micro-LED is incorporated which helps in brighter showcasing in the devices like TV, smartphones and smart watches.
Market Drivers and Restraints:
Rise in demand for consumer electronics.
Increasing demand for brighter and more power-efficient display panels for smartwatches, mobile devices, and AR/VR devices.
Increasing demand for OLED displays.
Huge investment requirement in infrastructure, equipment, and process development.
Need for Different Manufacturing Processes.
The global micro-LED market is based on applications, panel size, vertical and geographical segments.
Based on applications
Based on panel size
Based on vertical
Based on geography
The global micro-LED market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of micro-LED market for global, Europe, North America, Asia Pacific and South America.
The renowned players in the market are Industrial Technology Research Institute, Changchun Institute, III-V Lab, CEA Leti, Hong Kong University of Science and Technology, and Fraunhofer-Gesellschaft, Jasper Display, Crystalwise Technology, Unimicron, Luminit, Macroblock, Aixtron, Aledia, ALLOS Semiconductors, CEA-Leti and Max Technologies among others.
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Key Questions Answered in Global Micro-LED Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Micro-LED Market in 2025?
What are the key factors driving, Analysis by Applications and Countries Global Micro-LED Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Micro-LED Market?
What are Opportunities, Risk and Driving Force of Global Micro-LED Market?
What are the opportunities and threats faced by the vendors in Global Micro-LED Market?
What are the Global Micro-LED Market opportunities, market risk and market overview of the Industry?
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