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Micro-LED Market Business Insight with Growth Factors, Applications, Challenges, Competitive Scenario and Future Forecast till 2025
Global Micro-LED Market Size, Status and Forecast 2025”. Micro LED is the next generation technology in display. Micro LED is also known as mLED, micro-LED or LED. The micro LED is an emerging technology in the flat panel display. In the micro led as the name suggests is a collection of microscopic LEDs which form an individual pixel element. The micro LED provides a superior display with an enhanced contrast as compared to previously used LCD technology. The Micro LED further provides better response time and helps in usage of less energy.Micro-LED market is estimated to grow from USD 0.50 Billion in 2019 to USD +19 Billion by 2025, at a CAGR of+ 79% between 2019 and 2025
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LED market include growth in demand for improved power efficient display panels and brighter displays. Further, growing preference of electronic giants like Sony and Apple towards micro LEDs is another key factor in driving the demand for micro LEDs. Rise in demand for OLED display by consumers is restraining the market growth. Some of the other factors restraining the market growth include growing popularly of folded display in smart phones and tabs. High cost of the Micro LED is another factor restraining the market growth.
Top Key Players: Sony Corp. (Japan), Apple Inc. (U.S) and Oculus VR (U.S.). Some of the other key players in the micro LED market include X Celeprint Ltd. (Ireland), VerLASE Technologies LLC (U.S.), Ostendo Technologies Inc. (U.S), Aledia (France), Cooledge Lighting Inc.(Canada), Epistar Corp (Taiwan), Rohinni LLC (U.S) and GLO AB (Sweden)
The display segment in the micro LED market segmented by type has been further segmented into automotive, consumer electronics, sports and entertainment, defense, BFSI and retail and education. The lighting segment in the micro LED market segmented by type has been further segmented into automotive, commercial and residential. The rise in demand for consumer electronics is expected to drive the demand for micro LED
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Table of Content
Chapter 1 Industry Overview of Micro-LED
Chapter 2 Manufacturing Cost Structure Analysis of Micro-LED
Chapter 3 Technical Data and Manufacturing Plants Analysis of Micro-LED
Chapter 4 Global Micro-LED Overall Market Overview
Chapter 5 Micro-LED Regional Market Analysis
Chapter 6 Major Manufacturers Analysis of Micro-LED
Chapter 7 Development Trend of Analysis of Micro-LED Market
Chapter 8 Micro-LED Marketing Type Analysis
Chapter 9 Conclusion of the Global Micro-LED Market Professional Survey Report 2018
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