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MicroLED Market Projected to Reach 17100 Million US$ by 2025, At a CAGR of 78.3%

08-17-2018 12:02 PM CET | Media & Telecommunications

Press release from: MarketResearchReports.biz

MicroLED Market Projected to Reach 17100 Million US$ by 2025, At

The MicroLED market was valued at 170 Million US$ in 2017 and is projected to reach 17100 Million US$ by 2025, at a CAGR of 78.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for MicroLED.

This report presents the worldwide MicroLED market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

microLED, also known as micro-LED, mLED or LED, is an emerging flat panel display technology. As the name implies, microLED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, microLED displays offer better contrast, response times, and energy efficiency.

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Increasing demand for brighter and more power-efficient display panels for smartwatches, mobile devices, and NTE (AR/VR) devices is a major factor for the growth of the market. The rising interest of electronic giants Apple, Samsung, and Sony and interest shown by input/component suppliers in the supply chain also contribute to the market growth.

The following manufacturers are covered in this report:
Apple (Luxvue)
Sony
X-Celeprint
Samsung Electronics
Oculus VR (Infiniled)
Epistar
Glo AB
Verlase Technologies
JBD Inc.
Aledia

MicroLED Breakdown Data by Type
Display
Lighting
MicroLED Breakdown Data by Application
Consumer Electronics
Automotive
Advertisement
Aerospace & Defense
Others

MicroLED Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Other Regions

MicroLED Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

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The study objectives are:
To analyze and research the global MicroLED status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key MicroLED manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of MicroLED :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of MicroLED 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.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.

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