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Micro-LED Market: Competitive Dynamics & Global Outlook 2023

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Jenny
Micro-LED Market: Competitive Dynamics & Global Outlook 2023

Micro-LED, also known as microLED, mLED or µLED, 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.

 

LPI (LP Information)' newest research report, the “Micro-LED Industry Forecast” looks at past sales and reviews total world Micro-LED sales in 2022, providing a comprehensive analysis by region and market sector of projected Micro-LED sales for 2023 through 2029. With Micro-LED sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro-LED industry.

 

This Insight Report provides a comprehensive analysis of the global Micro-LED landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro-LED portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Micro-LED market.

 

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro-LED and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro-LED.

 

The global Micro-LED market size is projected to grow from US$ 929.3 million in 2022 to US$ 9615.5 million in 2029; it is expected to grow at a CAGR of 9615.5 from 2023 to 2029.

 

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 presents a comprehensive overview, market shares, and growth opportunities of Micro-LED market by product type, application, key manufacturers and key regions and countries.

 

Key Questions Addressed in this Report

What is the 10-year outlook for the global Micro-LED market?

What factors are driving Micro-LED market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Micro-LED market opportunities vary by end market size?

How does Micro-LED break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

 

Request Sample Report and Full Report TOC:

https://www.lpinformationdata.com/reports/456355/micro-led-2029

 

Strategic Points Covered in TOC:

Chapter 1: Scope of Micro-LED, Research Methodology, etc.

Chapter 2: Executive Summary, global Micro-LED market size (sales and revenue) and CAGR, Micro-LED market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.

Chapter 3: Micro-LED sales, revenue, average price, global market share, and industry ranking by company, 2017-2023

Chapter 4: Global Micro-LED sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.

Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.

Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace

Chapter 10: Manufacturing cost structure analysis

Chapter 11: Sales channel, distributors, and customers

Chapter 12: Global Micro-LED market size forecast by region, by country, by type, and application.

Chapter 13: the key raw materials and key suppliers, and industry chain of Micro-LED.

Chapter 14: Research Findings and Conclusion

 

LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what’s important to you, such as publication date, price, or name.


LP INFORMATION

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Add: 17890 Castleton St. Suite 369 City of Industry, CA 91748 US

Website: https://www.lpinformationdata.com

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