Press release
Micro-LED Market 2021 Size, Growth Analysis Report, Forecast to 2027
The global micro-LED market size is projected to grow from USD 409 million in 2020 to USD 18,835 million by 2026; it is expected to grow at a CAGR of 89.3% from 2020 to 2026. The most significant factor driving the growth of this market is the increasing demand for better display solutions.Top Impacting Factors
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.
A full report of Micro-LED Market is available at: https://www.orionmarketreports.com/micro-led-market/4015/
Competitive Market Share
The key players operating in the micro-LED display market are LG Display, Apple, Inc., Samsung Electronics, Sony, Sharp Electronics, Epistar, Oculus VR, AU Optronics, X-Celeprint, JBD, VerLASE Technologies, and Aledia. The newness of the industry is encouraging investments from innovators such as ALLOS Semiconductors, Mikro Mesa Technologies, PlayNitride, Plessey Semiconductors, VueReal, and Ostendo Technologies.
Several research institutes such as, Changchun Institute, China, the Industrial Technology research Institute, Taiwan, CEA Leti, Fraunhofer-Gesellschaft, and III-V Lab France, are undertaking R&D for the mass-production of these components. The global market is characterized by intense competition, thus leading to the acquisition of small players by the technology giants.
Micro-LED Market Segments:
By Product
• Large-scale Display
• Small- & Medium-sized Display
• Micro Display
By Application
• Smartphone & Tablet
• TV
• PC & laptop
• Smartwatch
• Others
By Industry Vertical
• Consumer Electronics
• Entertainment & Sports
• Automotive
• Retail
• Government & Defense
• Others
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Micro-LED Market Report
• What was the Micro-LED Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Micro-LED Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Micro-LED Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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