Global Micro-LED Market Top Dominating Vendors Are Industrial Technology Research Institute, Jasper Display, Crystalwise Technology, Unimicron, Luminit, Macroblock, Aixtron, Aledia, ALLOS Semiconductors, CEA-Leti
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.
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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
The renowned players in the market are:-
Industrial Technology Research Institute,
Hong Kong University of Science and Technology, and Fraunhofer-Gesellschaft,
CEA-Leti and Max Technologies
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 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.
Some of the major countries covered in this report are:-
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