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Global Micro LED Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Micro-LED, also known as microLED, mLED or ᄉLED, is an emerging flat panel display technology. Micro-LED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, Micro-LED displays offer better contrast, response times, and energy efficiency. Along with OLEDs, Micro-LED are primarily aimed at small, low-energy devices such as smartwatches and smartphones. OLED and Micro-LED both offer greatly reduced energy requirements compared to conventional LCD systems. Unlike OLED, Micro-LED is based on conventional GaN LED technology, which offers far higher total brightness than OLED produces, as much as 30 times, as well as higher efficiency in terms of lux/W. According to our (Global Info Research) latest study, the global Micro LED market size was valued at USD 977.5 million in 2022 and is forecast to a readjusted size of USD 1231.1 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Japan is the largest Micro-LED market with about 39% market share. North America is follower, accounting for about 3% market share. The key players are Samsung Electronics, Apple, Sony, Jbd, Lumens, LG Display, Innolux Corporation, VueReal, Plessey Semiconductors, AU Optronics, Lumiode, eLux, Inc. etc. Top 3 companies occupied about 96% market share. This report is a detailed and comprehensive analysis for global Micro LED market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Micro LED market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Micro LED market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Micro LED market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Micro LED market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Micro LED To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Micro LED market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Apple (Luxvue), Sony, X-Celeprint, Samsung Electronics and Oculus VR (Infiniled), etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Micro LED market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Micro LED Display Micro LED Lighting Market segment by Application Consumer Electronics Automotive Advertisement Aerospace & Defense Others Major players covered Apple (Luxvue) Sony X-Celeprint Samsung Electronics Oculus VR (Infiniled) Epistar Glo AB Verlase Technologies JBD Inc. Aledia Vuereal Uniqarta Allos Semiconductors Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Micro LED product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Micro LED, with price, sales, revenue and global market share of Micro LED from 2018 to 2023. Chapter 3, the Micro LED competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Micro LED breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Micro LED market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Micro LED. Chapter 14 and 15, to describe Micro LED sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Micro LED 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Micro LED Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Micro LED Display 1.3.3 Micro LED Lighting 1.4 Market Analysis by Application 1.4.1 Overview: Global Micro LED Consumption
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About this Report
Report ID 306436
Category
  • Electronics
Published on 31-Jan
Number of Pages 107
Publisher Name Global Info Research
Editor Rating
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