Press release
MicroLED Display Market Size to Hit USD 1.1 Billion by 2031 | Transparency Market Research Inc.
The global "MicroLED Display Market" offers a unique insight into key trends shaping the industry world-wide and in the largest markets. Written by some of our most experienced analysts, the global industrial reports are designed to provide key industry performance trends, demand drivers, trade, leading companies and future trends. The MicroLED Display Market is estimated to advance at a CAGR of 26.4% from 2022 to 2031 and reach US$ 1.1 Bn by the end of 2031.MicroLED displays use small, individual LEDs to create images. These displays are employed in various devices such as smartphones, televisions, and Virtual Reality (VR) headsets. MicroLED display panels provide various features including wide color gamut, low power consumption, excellent stability, high luminance, and long lifetime. They also offer wide view angles, high contrast, fast refresh rate, high dynamic range, transparency, seamless connection, and sensor integration capability.
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=55566
MicroLEDs have the potential to create highly efficient and flexible displays that are on par with high-end OLED displays. MicroLED monitors achieve the same results as OLEDs due to the presence of self-illuminating pixels. Akin to OLEDs, microLED displays have their own light source that can be turned on and off as required. This improves contrast and eliminates backlight bleeding on surrounding pixels.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ:
๐๐ข๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐ง๐-๐ฎ๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: Based on end-use industry, the global market has been divided into automotive, retail, consumer electronics, healthcare, aerospace & defense, government, and others. The consumer electronics segment accounted for dominant market share in 2021. Rise in MicroLED display usage in different consumer electronic products, such as smartphones and tablets, bolstered the MicroLED industry growth. Usage of microLEDs in smartphones has helped provide higher resolutions compared to OLED technology. Increase in smartphone adoption across the world is likely to fuel demand for microLED display and expand market size.
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ฆ๐๐ฅ๐ฅ- ๐๐ง๐ ๐๐๐๐ข๐ฎ๐ฆ-๐ฌ๐ข๐ณ๐๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ: In terms of product type, the global market has been trifurcated into micro display, small & medium size display, and large display. The small & medium size display segment is projected to account for dominant market share during the forecast period. Rise in adoption of different smart wearable products and micro projectors is anticipated to trigger the demand for microLEDs and drive market development.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐จ๐ซ ๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ ๐๐ง๐ฒ ๐๐๐๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=55566
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐๐ซ๐จ๐๐๐ ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐๐ซ๐ค๐๐ญ:
The global industry is fragmented, with several large-scale vendors controlling substantial market share. Prominent microLED display manufacturers are focused on the development and launch of new products to broaden their revenue streams. In September 2022, Samsung Electronics Co., Ltd. unveiled two new series of The Wall, its cutting-edge microLED displays, in the Southeast Asia and Oceania (SEAO) region.
AET Displays Limited, AUO Corporation, JBD, LG Electronics, Micledi, Plessey, PRP Optoelectronics Ltd., Samsung Electronics Co., Ltd., Sony Corporation, and Tianma Microelectronics Co., Ltd. are key entities operating in the industry.
๐๐ข๐๐ซ๐จ๐๐๐ ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐ซ๐จ๐๐๐ก๐๐ฌ
The report on the MicroLED Display market is prepared by employing well-validated research methodologies and approaches. The study authors have applied industry-validated tools for collection of data, including interviews, observations, surveys, questionnaire, and secondary research. The adoption of robust approaches for quantitative research measures makes the study offer holistic perspectives and unique.
๐๐ฉ๐๐๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ @ https://transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=55566
๐๐ก๐ ๐๐ข๐๐ซ๐จ๐๐๐ ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐๐ฌ ๐๐๐ฅ๐จ๐ฐ:
Analysis by Product Type
โข Micro Display
โข Small and Medium Size Display
โข Large Display
Analysis by Application
โข Television
โข Digital Signage
โข Smartphone & Tablet
โข Laptop & Monitor
โข Smart Wearables
โข Others (Optical Devices, AR Glasses, etc.)
Analysis by End-use Industry
โข Consumer Electronics
โข Automotive
โข Retail
โข Healthcare
โข Government
โข Aerospace & Defense
โข Others (Hospitality, Media & Entertainment, etc.)
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐๐ฌ๐ฉ๐๐๐ญ๐ฌ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐ฌ๐ก๐๐๐ฌ ๐ฅ๐ข๐ ๐ก๐ญ ๐จ๐ง ๐๐ซ๐:
- What are some of the recent marketing warfare strategies that have impacted the development of the MicroLED Display market?
- How are some of the large-sized players allocating funds to strategic business units to stay ahead of rivals and peers?
- What are some of the expansion strategies by new entrants and top players?
- How do new entrants intend to use business strategies for generating customer value?
- What are some of the consumer-oriented strategies by pioneers and innovators?
- How do established players intend to enter into new markets and grow their market shares during the forecast period of 2022 - 2031?
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
Mining Explosives Market - https://www.einpresswire.com/article/578961619/mining-explosives-market-to-reach-valuation-of-us-32-69-bn-by-2031
Epoxy Resins Market - https://www.einpresswire.com/article/575866159/epoxy-resins-market-key-drivers-challenges-growth-and-opportunities-2031
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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