Micro-LED Display Market by Product (Large Scale Display, Small & Medium-sized Display, and Micro Display), Application (Smartphone & Tablet, PC & Laptop, TV, Smartwatch, and Others), and Industry Vertical (Consumer Electronics, Entertainment & Sports, Au

Asia-Pacific is expected to dominate the global micro-LED display market during the forecast period owing to the rise in demand for consumer electronics. In 2018, China is projected to dominate the Asia-Pacific market. The U.S. is anticipated to lead the market in North America, whereas the UK is anticipated to lead the European market in 2018.

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.

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.

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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.

Key Benefits

• This study comprises analytical depiction of the global micro-LED display market with current trends and future estimations to portray the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

LIST OF FIGURES

FIGURE 01. GLOBAL MICRO-LED DISPLAY MARKET, 2018-2025
FIGURE 02. MICRO-LED DISPLAY MARKET, BY REGION, 2018-2025
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. TOP WINNING STRATEGIES, BY YEAR, 2015-2018*
FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2018* (%)
FIGURE 06. TOP WINNING STRATEGIES, BY COMPANY, 2015-2018*
FIGURE 07. MODERATE BARGAINING POWER OF SUPPLIER
FIGURE 08. MODERATE BARGAINING POWER OF BUYERS
FIGURE 09. MODERATE THREATS TO NEW ENTRANTS
FIGURE 10. MODERATE-TO-HIGH THREATS TO SUBSTITUTES
FIGURE 11. MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 12. MARKET PLAYER POSITIONING
FIGURE 13. GLOBAL MICRO-LED DISPLAY MARKET, BY PRODUCT, 2018-2025
FIGURE 14. COMPARATIVE ANALYSIS OF LARGE-SCALE MICRO-LED DISPLAY MARKET, BY COUNTRY, 2019 & 2025 (%)
FIGURE 15. COMPARATIVE ANALYSIS OF SMALL & MEDIUM SIZED MICRO-LED DISPLAY MARKET, BY COUNTRY, 2019 & 2025 (%)
FIGURE 16. COMPARATIVE ANALYSIS OF MICRO DISPLAYMICRO-LED MARKET, BY COUNTRY, 2019 & 2025 (%)
FIGURE 17. GLOBAL MICRO-LED DISPLAY MARKET, BY APPLICATION, 2017-2023
FIGURE 18. COMPARATIVE ANALYSIS OF MICRO-LED DISPLAY MARKET FOR SMARTPHONE & TABLET, BY COUNTRY, 2018 & 2025 (%)
FIGURE 19. COMPARATIVE ANALYSIS OF PC & LAPTOP MICRO-LED DISPLAY MARKET, BY COUNTRY, 2019 & 2025 (%)
FIGURE 20. COMPARATIVE ANALYSIS OF TV MICRO-LED DISPLAY MARKET FOR TV, BY COUNTRY, 2018 & 2025 (%)
FIGURE 21. COMPARATIVE ANALYSIS OF MICRO-LED DISPLAY MARKET FOR SMARTWATCH, BY COUNTRY, 2018 & 2025 (%)
FIGURE 22. COMPARATIVE ANALYSIS OF OTHERS, BY COUNTRY, 2018 & 2025 (%)
FIGURE 23. GLOBAL MICRO-LED DISPLAY MARKET, BY INDUSTRY VERTICAL, 2018-2025
FIGURE 24. COMPARATIVE ANALYSIS OF MICRO-LED DISPLAY MARKET FOR CONSUMER ELECTRONICS, BY COUNTRY, 2018 & 2023 (%)
FIGURE 25. COMPARATIVE ANALYSIS OF MICRO-LED DISPLAY MARKET FOR ENTERTAINMENT & SPORTS, BY COUNTRY, 2018 & 2025 (%)
FIGURE 26. COMPARATIVE ANALYSIS OF MICRO-LED DISPLAY MARKET AUTOMOTIVE, BY COUNTRY, 2018 & 2025 (%)
FIGURE 27. COMPARATIVE ANALYSIS OF MICRO-LED DISPLAY MARKET FOR AUTOMOTIVE, BY COUNTRY, 2018 & 2025 (%)
FIGURE 28. COMPARATIVE ANALYSIS OF GOVERNMENT & DEFENCE MARKET, BY COUNTRY, 2018 & 2025 (%)
FIGURE 29. COMPARATIVE ANALYSIS OF MICRO-LED DISPLAY MARKET FOR OTHERS, BY COUNTRY, 2018 & 2025 (%)
FIGURE 30. MICRO-LED DISPLAY MARKET, BY REGION, 2018-2025
FIGURE 31. NORTH AMERICA MICRO-LED DISPLAY MARKET, BY COUNTRY, 2018-2025
FIGURE 32. U.S. MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 33. CANADA MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($BILLION)
FIGURE 34. MEXICO MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 35. EUROPE MICRO-LED DISPLAY MARKET, BY COUNTRY, 2018-2025
FIGURE 36. UK MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 37. FRANCE MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 38. GERMANY MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 39. RUSSIA MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 40. REST OF EUROPE MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 41. ASIA-PACIFIC MICRO-LED DISPLAY MARKET, BY COUNTRY, 2018-2025
FIGURE 42. CHINA MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 43. SOUTH KOREA MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 44. INDIA MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 45. JAPAN MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 46. REST OF ASIA-PACIFIC MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 47. LAMEA MICRO-LED DISPLAY MARKET, BY REGION, 2018-2025
FIGURE 48. LATIN AMERICA MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 49. MIDDLE EAST MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 50. AFRICA MICRO-LED DISPLAY MARKET REVENUE, 2018-2025 ($MILLION)
FIGURE 51. APPLE INC.: REVENUE, 2015-2017 ($MILLION)
FIGURE 52. APPLE INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 53. APPLE INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 54. LG DISPLAY CO., LTD.: NET SALES, 2015-2017 ($MILLION)
FIGURE 55. LG DISPLAY CO., LTD.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 56. LG DISPLAY CO., LTD.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 57. SAMSUNG: NET SALES, 2015-2017 ($MILLION)
FIGURE 58. SAMSUNG: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 59. SAMSUNG: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 60. SONY CORPORATION: REVENUE, 2015-2017 ($MILLION)
FIGURE 61. SONY CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 62. SONY CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017[ (%)

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