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Micro-LED Market Expected to Grow at 18,835 Million In Revenue by 2026
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The Global Micro-LED Market size is estimated to grow from USD 409 Million in 2020 to USD 18,835 Million by 2026, at a CAGR of 89.3% between 2020 and 2026. This report spread across 162 pages, profiling 10 companies and supported with 32 tables and 59 figures are now available in this research.
Top Key Players Profiled in the Micro-LED Market:
o Apple Inc. (LuxVue) (US)
o Oculus VR (InfiniLED) (US)
o Sony Corp. (Japan)
o Samsung Electronics Co.Ltd. (South Korea)
o X-Celeprint Ltd. (Ireland)
o Epistar Corporation (Taiwan)
o GLO AB (Sweden)
o VerLASE Technologies LLC (US)
o JBD Inc. (JB-Display) (China)
o Aledia (France)
o Uniqarta Inc. (US)
o ALLOS Semiconductors GmbH (Germany)
o Plessey Semiconductors Ltd. (UK)
o PlayNitride Inc. (Taiwan)
o Mikro Mesa Technology Co.Ltd. (Taiwan)
o VueReal Inc. (Canada)
o Ostendo Technologies Inc. (US)
o Sharp Corporation (eLux Inc.) (Japan)
o University of Sheffield (EpiPix Ltd.) (UK)
o Micledi (Belgium)
o Microluce (Taiwan)
o Tianma (China)
o Visionox (China)
"High penetration of micro-LED-based products in display panel market"
The display panel market is huge, and many leading industry players are working on optimizing the existing display technologies such as LED, LCD, OLED, quantum dot LED, and e-paper. Samsung is pursuing quantum dot LED and OLED, while LG Display is focusing on OLED technology. The market is dominated by Samsung, LG Display, AU Optronics, Innolux, and Japan Display.
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"Various new patents are being registered in micro-LED market"
The micro-LED market is witnessing various changes and technological innovations in chip manufacturing, chip transfer, and many other areas. Micro-LED -based products are not yet commercialized, and players are focusing primarily on prototype development and technology protection.
"In North America, micro-LED market in US is expected to grow at highest CAGR during forecast period"
The US is expected to be the major contributor to the micro-LED display market in North America because of its well-established economy and the presence of prominent smartphone, AR/VR, television, and smart wearable suppliers in the country.
Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 25 %, Tier 2 - 15%, and Tier 3 - 60%
o By Designation: C-Level Executives - 55%, Directors - 35%, Others - 10%
o By Geography: North America - 30%, Europe - 45%, APAC - 25%
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
4 Competitive Leadership Mapping, 2019
4.1 Visionary Leaders
4.2 Dynamic Differentiators
4.3 Innovators
4.4 Emerging Companies
5 Strength Of Product Portfolio
6 Business Strategy Excellence
Research Coverage:
This report covers the micro-LED market segmented based on vertical, panel size, application, and geography. A detailed analysis of the key industry players has been undertaken to provide insights into their business, products, and services, and key strategies such as product launches, product developments, partnerships, contracts, agreements, mergers & acquisitions, collaborations, and expansions associated with the micro-LED market.
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