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Micro Led Display Market 2021 Global Trend, Segmentation and Opportunities Forecast to 2024 | LG Display, Apple, Samsung Electronics, Sony
Also, the surging demands for high performance display solutions in advanced applications will foster the global micro LED display market share. The energy-efficient devices carry an ability to potentially reduce the size of the wearable devices thereby promoting its use for the manufacturing purposes.
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Top Key Players Are : LG Display, Apple, Inc., Samsung Electronics, Sony, Sharp Electronics, Epistar, Oculus VR, AU Optronics, X-Celeprint, JBD, VerLASE Technologies, and Aledia.
Micro LED display industry is remnant of tech behemoths striving hard to include small micro LED components in devices which could lead to potential reduction in size of the wearable devices. With the increasing popularity of near-to-eye devices like smartphones and smartwatches, small micro LED display market is forecast to record an enormous CAGR of 105% over 2018-2024. Not only do small micro LEDs fit the suitability criteria in terms of size, but their properties such as high brightness, quick response time and self-illumination also contribute toward their popularity, by extension, augmenting the commercialization potential of small micro LED display market
The U.S. has emerged as a lucrative growth ground for micro LED display industry, given the robust demand for smart wearables in this region. As per reliable statistics, in 2017 alone, smartphone shipments in North America were valued at over 200 million units. Smartphone users in the U.S. are expected to grow to a staggering 230 million by the end of 2018. This would substantially necessitate the requirement of advanced micro LED displays, leaving an impact on the regional micro LED display industry share. Global Market Insights, Inc. projects U.S. micro LED display industry to exceed USD 7 billion by 2024.
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While a considerable number of deployments have witnessed success early on, the commercialization matrix of the micro LED display market is still claimed to be at its nascent stage. In an effort to bring the business to the mainstream, leading industry players have been putting their efforts to enhance the distribution channels, so that manufacturers can conveniently shift from traditional LED components to technologically competent components. This, in consequence, would ultimately lead to robust product sales and popularity, thereby augmenting the profitability quotient of micro LED display market in the forthcoming years.
Table Of Content:
Chapter 4. Micro LED Display Market, By Application (Revenue, Shipment)
4.1. Key trends in micro LED display market by application
4.2. AR headsets
4.2.1. Market estimates and forecast, 2018 – 2024
4.3. VR headsets
4.3.1. Market estimates and forecast, 2018 – 2024
4.4. HUD
4.4.1. Market estimates and forecast, 2018 – 2024
4.5. Smartwatch
4.5.1. Market estimates and forecast, 2018 – 2024
4.6. Smartphone
4.6.1. Market estimates and forecast, 2018 – 2024
4.7. TV
4.7.1. Market estimates and forecast, 2018 – 2024
4.8. Digital signage
4.8.1. Market estimates and forecast, 2018 – 2024
4.9. Tablet
4.9.1. Market estimates and forecast, 2018 – 2024
4.10. Laptops & desktops
4.10.1. Market estimates and forecast, 2018 – 2024
Chapter 5. Micro LED Display Market, By Panel Size (Revenue, Shipment)
5.1. Key trends in micro LED display market display by panel size
5.2. Small (less than 10.5”)
5.2.1. Market estimates and forecast, 2018 – 2024
5.3. Medium (between 10.5” and 65”)
5.3.1. Market estimates and forecast, 2018 – 2024
5.4. Large (more than 65”)
5.4.1. Market estimates and forecast, 2018 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/micro-led-display-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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