Press release
Micro-LED Display Market - Growth & Industry Revenue By Top Key Players Apple Inc., Samsung, Sony Corporation, Oculus, VueReal, LG Display, Play Nitride, eLUX, Rohinni LLC, and Aledia.
Micro LED Display Market
According to a recent report published by Allied Market Research, titled, Micro-LED Display Market by Product, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global micro-LED display market was valued at $22.9 million in 2018, and is projected to reach at $1,945.6 million by 2025, growing at a CAGR of 89.2% from 2018 to 2025.
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Micro-LEDs are a class of displays in which individual pixels are formed by an array of microscopic light-emitting diodes (LEDs). Micro-LED display provides high wavelength uniformity for fine pixel pitch display. In addition, it has added advantages of less power consumption, increased brightness, ultrahigh definition picture quality, improved color saturation, and faster response rate as compared to OLEDs and LCDs.
The growth of the micro-LED market is driven by rise in demand for bright and power-efficient display panels and increase in preference of electronic giants such as Sony and Apple towards micro-LEDs display. However, high cost of these displays is expected to restrain the market growth. On the contrary, rise in demand for consumer electronics is anticipated to provide lucrative growth opportunities for the market.
Apple Inc., Samsung, Sony Corporation, Oculus, VueReal, LG Display, Play Nitride, eLUX, Rohinni LLC and Aledia are some of the key players operating in the global micro-LED display market.
The report segments the micro-LED display market based on product, application industry vertical, and region. On the basis of product, the market is divide into small- & large-scale display, small- & medium-sized display, and micro display. By application, it is categorized into smartphone & tablet, TV, PC & laptop, smartwatch, and others. Depending on industry vertical, it is fragmented into consumer electronics, entertainment & sports, automotive, retail, government & defense, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Rise in demand for bright and power-efficient display panels, increase in preference of electronic giants towards micro-LED displays, high cost of micro-LED display, and upsurge in demand for the consumer electronics are the significant factors that impact the growth of the global micro-LED display market. These factors are anticipated to either drive or hamper the market growth.
Micro-LED display is an emerging technology, which is a collection of microscopic LEDs that form an individual pixel element. It offers enhanced contrast over the traditional OLED and LED display technologies. In addition, the consumption of the power by micro-LED display is less as compared to the other technologies such as LEDs and OLEDs. Thus, rise in demand for such brighter and power-efficient devices fuels the growth of the market.
Micro-LED display is an emerging, fourth-generation display technology. It combines the features of OLEDs and LCDs, thereby increasing the brightness and power efficiency. However, the cost of micro-LED display is considerably high as compared to the conventional display technologies such as OLEDs and LEDs, which is expected to impede the market growth. In addition, power leakage due to miniaturization of micro-LED display results in high power consumption, which hampers the growth of the market.
LIST OF TABLES
TABLE 01. GLOBAL MICRO-LED DISPLAY MARKET REVENUE, BY PRODUCT, 2018-2025 ($MILLION)
TABLE 02. LARGE-SCALE MICRO-LED DISPLAY MARKET REVENUE, BY REGION, 2018-2025 ($MILLION)
TABLE 03. SMALL & MEDIUM SIZED MICRO-LED DISPLAY MARKET, BY REGION, 2018-2025 ($MILLION)
TABLE 04. MICRO DISPLAY MARKET REVENUE ,BY REGION, 2018-2025 ($MILLION)
TABLE 05. GLOBAL MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2019-2025 ($MILLION)
TABLE 06. MICRO-LED DISPLAY MARKET REVENUE FOR SMARTPHONE & TABLET, BY REGION, 2018-2025 ($MILLION)
TABLE 07. MICRO-LED DISPLAY MARKET REVENUE FOR PC & LAPTOP, BY REGION, 2018-2025 ($MILLION)
TABLE 08. MICRO-LED DISPLAY MARKET REVENUE FOR TV, BY REGION, 2018-2025 ($MILLION)
TABLE 09. MICRO-LED DISPLAY MARKET REVENUE FOR SMARTWATCH, BY REGION, 2018-2025 ($MILLION)
TABLE 10. MICRO-LED DISPLAY MARKET REVENUE FOR OTHERS, BY REGION, 2018-2025 ($MILLION)
TABLE 11. GLOBAL MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 12. MICRO-LED DISPLAY MARKET REVENUE FOR CONSUMER ELECTRONICS, BY REGION, 2018-2025 ($MILLION)
TABLE 13. MICRO-LED DISPLAY MARKET REVENUE FOR ENTERTAINMENT & SPORTS, BY REGION, 2018-2025 ($MILLION)
TABLE 14. MICRO-LED DISPLAY MARKET REVENUE FOR AUTOMOTIVE, BY REGION, 2018-2025 ($MILLION)
TABLE 15. MICRO-LED DISPLAY MARKET REVENUE FOR RETAIL, BY REGION, 2018-2025 ($MILLION)
TABLE 16. MICRO-LED DISPLAY MARKET REVENUE FORGOVERNEMENT & DEFENSE, BY REGION, 2018-2025 ($MILLION)
TABLE 17. MICRO-LED DISPLAY MARKET REVENUE FOR OTHERS, BY REGION, 2018-2025 ($MILLION)
TABLE 18. MICRO-LED DISPLAY MARKET REVENUE, BY REGION, 2018-2025 ($BILLION)
TABLE 19. NORTH AMERICA MICRO-LED DISPLAY MARKET REVENUE FOR PRODUCT, 2018-2025 ($MILLION)
TABLE 20. NORTH AMERICA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-20235($MILLION)
TABLE 21. NORTH AMERICA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025($MILLION)
TABLE 22. NORTH AMERICA MICRO-LED DISPLAY MARKET REVENUE, BY COUNTRY 2018-2025 ($MILLION)
TABLE 23. U.S. MICRO-LED DISPLAY MARKET REVENUE, BY PRODUCT, 2018-2025 ($MILLION)
TABLE 24. U.S. MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 25. U.S. MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 26. CANADA MICRO-LED DISPLAY MARKET REVENUE, BY PRODUCT, 2018-2025 ($MILLION)
TABLE 27. CANADA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 28. CANADA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 29. MEXICO MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 30. MEXICO MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 31. MEXICO MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 32. EUROPE MICRO-LED DISPLAY MARKET REVENUE FOR PRODUCT, 2018-2025 ($MILLION)
TABLE 33. EUROPE MICRO-LED DISPLAY MARKET REVENUE FOR APPLICATION, 2018-2025 ($MILLION)
TABLE 34. EUROPE MICRO-LED DISPLAY MARKET REVENUE FOR INDUSTRY VERTICAL, 2018-2025 ($BILLION)
TABLE 35. EUROPE MICRO-LED DISPLAY MARKET REVENUE, BY COUNTRY 2018-2025 ($MILLION)
TABLE 36. UK MICRO-LED DISPLAY MARKET REVENUE, BY PRODUCT, 2018-2025 ($MILLION)
TABLE 37. UK MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 38. UK MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 39. FRANCE MICRO-LED DISPLAY MARKET REVENUE, BY PRODUCT, 2018-2025 ($MILLION)
TABLE 40. FRANCE MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 41. FRANCE MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 42. GERMANY MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 43. GERMANY MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 44. GERMANY MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 45. RUSSIA MICRO-LED DISPLAY MARKET REVENUE, TECHNIQUE, 2018-2025 ($MILLION)
TABLE 46. RUSSIA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 47. RUSSIA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 48. REST OF EUROPE MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 49. REST OF EUROPE MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 50. REST OF EUROPE MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 51. ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE FOR PRODUCT, 2018-2025 ($MILLION)
TABLE 52. ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE FOR APPLICATION, 2018-2025 ($MILLION)
TABLE 53. ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE FOR INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 54. ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE, BY COUNTRY 2018-2025 ($MILLION)
TABLE 55. CHINA MICRO-LED DISPLAY MARKET REVENUE, BY PRODUCT, 2018-2025 ($MILLION)
TABLE 56. CHINA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 57. CHINA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 58. SOUTH KOREA MICRO-LED DISPLAY MARKET REVENUE, BY PRODUCT, 2018-2025 ($MILLION)
TABLE 59. SOUTH KOREA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 60. SOUTH KOREA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 61. INDIA MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 62. INDIA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 63. INDIA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 64. JAPAN MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 65. JAPAN MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 66. JAPAN MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 67. REST OF ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 68. REST OF ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 69. REST OF ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 70. LAMEA MICRO-LED DISPLAY MARKET REVENUE FOR PRODUCT, 2018-2025 ($MILLION)
TABLE 71. LAMEA MICRO-LED DISPLAY MARKET REVENUE FOR APPLICATION, 2018-2025 ($MILLION)
TABLE 72. LAMEA MICRO-LED DISPLAY MARKET REVENUE FOR INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 73. LAMEA MICRO-LED DISPLAY MARKET REVENUE, BY REGION 2018-2025 ($MILLION)
TABLE 74. LATIN AMERICA MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 75. LATIN AMERICA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 76. LATIN AMERICA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 77. MIDDLE EAST MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 78. MIDDLE EAST MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 79. MIDDLE EAST MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 80. AFRICA MICRO-LED DISPLAY MARKET REVENUE, PRODUCT, 2018-2025 ($MILLION)
TABLE 81. AFRICA MICRO-LED DISPLAY MARKET REVENUE, BY APPLICATION, 2018-2025 ($MILLION)
TABLE 82. AFRICA MICRO-LED DISPLAY MARKET REVENUE, BY INDUSTRY VERTICAL, 2018-2025 ($MILLION)
TABLE 83. ALEDIA: COMPANY SNAPSHOT
TABLE 84. ALEDIA: PRODUCT PORTFOLIO
TABLE 85. APPLE INC.: COMPANY SNAPSHOT
TABLE 86. APPLE INC.: OPERATING SEGMENTS
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