Press release
Micro-LED Displays Market Latest Trends, Technology Advancement and Growth Forecasts 2019 to 2025
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.
The Global Micro-LED Displays Market was valued at around USD 272 million in 2018 and is expected to reach approximately USD 21,129 million by 2025, at a CAGR of slightly above 86.4% between 2019 and 2025.
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Top Leading Companies are: Apple, Samsung, Sony, Oculus, VueReal, LG Display, Play Nitride, eLUX, Rohinni, Aledia
The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Micro-LED Displays.
Important attributes of the report:
The 360-degree Micro-LED Displays overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
By region, North America held a prominent share of the global micro-LED display market in 2018, due to the presence of leading manufacturers of micro-LED displays. The U.S. is projected to dominate this regional market as it is the corporate headquarter of numerous renowned market players, such as Apple, Oculus VR, VerLASE Technologies, Lumiode, Uniqarta, etc. Furthermore, the region is witnessing many market relevant business activities that are significantly contributing to the overall market demand.
The rising automotive application of micro-LED displays is driving the micro-LED display market in European countries. The demand for micro-LEDs is trending in the automotive industry for various applications, such as rearview windows, in-car entertainment system, dashboard, and HUD. Furthermore, the automobile sector plays a vital role in Europe's GDP growth. The automotive sector nearly accounted for 4% of Europe's overall GDP in 2018. Many automobile manufacturers are involved in R&D activities to strengthen their overall competitiveness.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Micro-LED Displays Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Micro-LED Displays Market Carrier and assist manufacturers and investment organization to better grasp the development course of Micro-LED Displays Market.
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Micro-LED Displays Market, by Types:
Large-scale Display
Small- & Medium-sized Display
Micro Display
Micro-LED Displays Market, by Applications:
Smartphone & Tablet
TV
PC & laptop
Smartwatch
Others
Browse full report along with TOC and List of Figures at:
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What this Research Study Offers:
Global Micro-LED Displays Market share assessments for the regional and country level segments.
Global Micro-LED Displays Market share analysis of the top industry players.
Strategic recommendations for the new entrants in Global Micro-LED Displays market.
Global Micro-LED Displays Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional Global Micro-LED Displays markets.
Global Micro-LED Displays Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends.
Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements.
We also offer customization on reports based on specific client requirement:
Free country level analysis for any 5 countries of your choice.
Free Competitive analysis of any 5 key market players.
Free 40 analyst hours to cover any other data points.
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Irfan Tamboli(Head of Sales)
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irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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