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Micro Light Emitting Diode (LED) Market 2020 Strategic Assessment- Sony Corporation, LG Display Co Ltd, Samsung Electronics Co. Ltd
The report presents an in-depth assessment of the Global Micro Light Emitting Diode (LED) including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Micro Light Emitting Diode (LED) investments from 2020 till 2025.The micro LED market was estimated at 15.44 million units in 2019 and is expected to register a CAGR of 153.1% during the forecast period (2020- 2025).
The Global Micro Light Emitting Diode (LED) market is highly competitive and consists of a number of major players. Companies like Innolux Corporation, Sony Corporation, LG Display Co Ltd., AlediaÊSA, Epistar Corporation, Optovate Limited, Rohinni LLC, Samsung Electronics Co. Ltd., JBD Inc., Plessey Semiconductors Limited, Ostendo Technologies, Inc, VueReal Inc., Allos Semiconductors Amongst Others.
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Scope of the Report:
microLED, also known as micro-LED, is an emerging flat panel display technology. As the name implies, microLED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, microLED displays offer better contrast, response times, and energy efficiency.
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Key Market Trends:
Consumer Electronics to Account for Significant Share
Owing to technological advancements across various consumer electronic products, such as TVs, smartphones, smartwatches, tablets, micro LEDs, are expected to witness increased incorporation among these products. Technological giants in the market have adequate experience in the LCD, LED, and OLED technologies and are now engaging their resource and expertise in the developments of micro-LED, which are supposedly the future of the consumer electronics market.
Moreover, a South Korean giant, LG Electronics, is also planning to bring a new series of micro-LED displays to the market. The company has filed the paperwork to trademark these displays in the European Union, which will be used in smartphones, laptops, tablets and other similar electronic devices. LG is naming the displays as XLED, SLED, and XLLED.
Taiwan holds a broad range of advanced LED and display technologies that makes one of the leading micro LED developers for consumer electronics. It is building a pilot line and aims to deliver micro LED offerings to domestic VR companies.
Moreover, prototypes from Korean firms debuted at CES 2018, namely The Wall from Samsung and Micro LED displays from Lumens, proved the great effort both Korean enterprises. Owing to similar developments across other APAC countries and increasing consumption of electronic products, APAC is anticipated to witness a significant growth rate over the forecast period.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/01091745143/micro-light-emitting-diode-led-market-growth-trends-and-forecast-2020-2025?source=OpenPR&Mode=SD48
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global Micro Light Emitting Diode (LED) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
Finally, Global Micro Light Emitting Diode (LED) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Browse Related Reports:
Global Chip On Board (COB) Light Emitting Diode (LED) Market Insights And Forecast To 2026
https://www.marketinsightsreports.com/reports/07312193973/global-chip-on-board-cob-light-emitting-diode-led-market-insights-and-forecast-to-2026?source=OpenPR&Mode=SD48
Global Light-emitting Diode (LED) Market Insights And Forecast To 2026
https://www.marketinsightsreports.com/reports/07222158587/global-light-emitting-diode-led-market-insights-and-forecast-to-2026?source=OpenPR&Mode=SD48
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
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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 Middle-East And Africa 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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