MicroLED is an emerging flat panel display technology. As the name implies, microLED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, microLED displays offer better contrast, response times, and energy efficiency.
Along with OLEDs, microLEDs are primarily aimed at small, low-energy devices such as smartwatches and smartphones. OLED and microLED both offer greatly reduced energy requirements compared to conventional LCD systems. Unlike OLED, microLED 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. It also does not suffer from the shorter lifetimes of OLED.
The Micro LED Display market was valued at 120 Million US$ in 2017 and is projected to reach 53100 Million US$ by 2025, at a CAGR of 115.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Micro LED Display.
This report presents the worldwide Micro LED Display market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The following manufacturers are covered in this report:
- Apple, Inc.
- Cooledge
- Epistar
- Glo AB
- Lumens
- Mikro Mesa Technology
- Oculus VR
- Ostendo Technologies
- Plassey Semiconductors
- Samsung Electronics
- Sony
- Uiqarta
- Others
Micro LED Display Breakdown Data by Type
- Small
- Medium
- Large
Micro LED Display Breakdown Data by Application
- AR Headsets
- VR Headsets
- HUD
- Smart Watch
- Smart Phone
- TV
- Digital Signage
- Tablet
- Laptop and Desktop
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Micro LED Display Production by Region
- United States
- Europe
- China
- Japan
- South Korea
- Other Regions
The study objectives are:
- To analyze and research the global Micro LED Display status and future forecast involving, production, revenue, consumption, historical and forecast.
- To present the key Micro LED Display manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Micro LED Display market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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