80.1% Growth Rate for Micro-LED Market by 2025 |Apple, Oculus VR, Sony, Samsung, X-Celeprint, Epistar, GLO AB, VerLASE Technologies, JBD and Others.

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The Global report titled on “Micro-LED Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

The Micro-LED Market is estimated to grow from US$ 0.60 Billion in 2019 to US$ 20.50 Billion by 2025, at a CAGR of 80.1% between 2019 and 2025. This report spread across 154 pages, profiling 10 companies and supported with 33 tables and 59 figures is now available in this research.

#Topmost Outstanding Market Players:
• Apple (LuxVue) (US)
• Oculus VR (InfiniLED) (US)
• Sony (Japan)
• Samsung (South Korea)
• X-Celeprint (Ireland)
• Epistar (Taiwan)
• GLO AB (Sweden)
• VerLASE Technologies (US)
• JBD (China)
• Aledia (France)

Considering the current manufacturing capabilities, prototype development, and the involvement of leading players, micro-LED-based smart watches and NTE devices may enter the commercial phase in 2019. The micro-LED market for NTE devices is expected to grow at the highest CAGR between 2019 and 2025. The luminosity (brightness) and resolution of micro-LED technology would be the key driving force for the adoption of the technology in NTE devices. AR devices require high resolution and brightness to match the real-world visibility. The fast response time of micro-LED displays is also suited for AR applications.

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APAC is expected to dominate the micro-LED display market during the forecast period with the presence of leading brand product manufacturers, LED foundries, and display panel manufacturers in the region. Samsung, LG, Sony, Sharp, Panasonic, and several others will account for major demand for micro-LED display panels by 2025.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 25%, Tier 2 – 15%, and Tier 3 – 60%
• By Designation: C-Level Executives – 55%, Directors – 35%, and Others – 10%
• By Region: APAC – 25%, North America – 30%, and Europe – 45%

Competitive Landscape of Micro-LED Market:
1 Overview
2 Micro-LED Market: Ranking Analysis (2018)
3 Competitive Scenario
3.1 Product Developments
3.2 Agreements
3.3 Expansions
3.4 Mergers, Acquisitions, and Investments

Research Coverage:
This research report categorizes the market by application, display panel size, vertical, and geography. This report comprises drivers, restraints, opportunities, and challenges pertaining to the micro-LED market; and patent analysis, extensive value chain analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2025.

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This release was published on openPR.