Global micro-LED display market expected to reach approximately USD 21,129 million by 2025, at a CAGR of slightly above 86.4% between 2019 and 2025. The rising demand for brighter and energy-efficient displays is anticipated to drive the micro-LED display market over forecast timeframe.
The report covers a forecast and an analysis of the micro-LED display market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the micro-LED display market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the micro-LED display market on a global level.
This report offers a comprehensive analysis of the global micro-LED display market along with market trends, drivers, and restraints. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The global micro-LED display market is segmented on the basis of panel size, application, vertical, and region. Based on panel size, the micro-LED display market is majorly segmented into small [<10.5”], medium [10.5”–65”], and large [>65]. By application, the market is segmented into VR headsets, AR headsets, smartphone, smartwatches, tablet, TV, laptop, HUD, and digital signage. By vertical, the market includes automotive, consumer electronics, aerospace and defense, advertisement, and others. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, China, India, Japan, South Korea, Brazil, Argentina, and GCC Countries.
Some key participants operating in the global micro-LED display market are Samsung Electronics, Sharp Electronics, LG Display, Sony, AU Optronics, VerLASE Technologies, Lumiode, Apple, Inc., X-Celeprint, Rohinni, Oculus VR, Epistar, Lumens, Aledia, Cooledge Lighting, Nichia, JBD, Plessey Semiconductors, Ostendo Technologies, VueReal, ALLOS Semiconductors, Uniqarta, Mikro Mesa Technology, and PlayNitride, among others.
This report segments micro-LED display market into:
Micro-LED Display Market: Panel Size Analysis
Micro-LED Display Market: Application Analysis
Micro-LED Display Market: Vertical Analysis
Micro-LED Display Market: Regional Analysis
List of Figures
1. Global Micro-LED Display Market Segmentation by Application, Panel Size, Verticals, and Region
2. Global Micro-LED Display Market, 2018-2025 (USD Million)
3. Porter’s Five Forces Analysis: Micro-LED Display Market
4. Global Micro-LED Display Market Attractiveness, by Panel Size
5. Global Micro-LED Display Market Attractiveness, by Application
6. Global Micro-LED Display Market Attractiveness, by Vertical
7. Global Micro-LED Display Market Attractiveness, by Region
8. Global Micro-LED Display Market Revenue Share, by Panel Size, 2018 & 2025
9. Global Micro-LED Display Market by Small [<10.5”], 2016–2025 (USD Million)
10. Global Micro-LED Display Market by Medium [10.5”–65”], 2016–2025 (USD Million)
11. Global Micro-LED Display Market by Large [>65”], 2016–2025 (USD Million)
12. Global Micro-LED Display Market Revenue Share, by Application, 2018 and 2025
13. Global Micro-LED Display Market by VR Headsets, 2016–2025 (USD Million)
14. Global Micro-LED Display Market by AR Headsets, 2016–2025 (USD Million)
15. Global Micro-LED Display Market by Smartphone, 2016–2025 (USD Million)
16. Global Micro-LED Display Market by Smartwatches, 2016–2025 (USD Million)
17. Global Micro-LED Display Market by Tablet, 2016–2025 (USD Million)
18. Global Micro-LED Display Market by TV, 2016–2025 (USD Million)
19. Global Micro-LED Display Market by Laptop, 2016–2025 (USD Million)
20. Global Micro-LED Display Market by HUD, 2016–2025 (USD Million)
21. Global Micro-LED Display Market by Digital Signage, 2016–2025 (USD Million)
22. Global Micro-LED Display Market Revenue Share, by Vertical, 2018 and 2025
23. Global Micro-LED Display Market by Automotive, 2016–2025 (USD Million)
24. Global Micro-LED Display Market by Consumer Electronics, 2016–2025 (USD Million)
25. Global Micro-LED Display Market by Aerospace & Defense, 2016–2025 (USD Million)
26. Global Micro-LED Display Market by Advertisement, 2016–2025 (USD Million)
27. Global Micro-LED Display Market by Others, 2016–2025 (USD Million)
28. Global Micro-LED Display Market Revenue Share, by Region, 2018&2025
29. North America Micro-LED Display Market, 2016-2025, (USD Million)
30. Europe Micro-LED Display Market, 2016-2025, (USD Million)
31. Asia Pacific Micro-LED Display Market, 2016-2025(USD Million)
32. Latin America Micro-LED Display Market, 2016–2025 (USD Million)
33. The Middle East and Africa Micro-LED Display Market, 2016–2025 (USD Million)
List of Tables
1. Global Micro-LED Display Market snapshot
2. Drivers for Micro-LED Display Market
3. Restraints of Micro-LED Display Market
4. North America Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
5. North America Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
6. North America Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
7. The U.S. Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
8. The U.S. Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
9. The U.S. Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
10. Canada Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
11. Canada Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
12. Canada Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
13. Mexico Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
14. Mexico Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
15. Mexico Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
16. Europe Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
17. Europe Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
18. Europe Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
19. UK Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
20. UK Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
21. UK Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
22. France Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
23. France Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
24. France Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
25. Germany Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
26. Germany Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
27. Germany Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
28. Rest of Europe Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
29. Rest of Europe Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
30. Rest of Europe Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
31. Asia Pacific Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
32. Asia Pacific Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
33. Asia Pacific Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
34. China Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
35. China Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
36. China Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
37. Japan Micro-LED Display Market Revenue, ByPanel Size,2016–2025 (USD Million)
38. Japan Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
39. Japan Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
40. India Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
41. India Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
42. India Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
43. South Korea Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
44. South Korea Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
45. South Korea Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
46. Rest of Asia Pacific Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
47. Rest of Asia Pacific Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
48. Rest of Asia Pacific Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
49. Latin America Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
50. Latin America Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
51. Latin America Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
52. Brazil Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
53. Brazil Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
54. Brazil Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
55. Argentina Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
56. Argentina Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
57. Argentina Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
58. Rest of Latin America Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
59. Rest of Latin America Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
60. Rest of Latin America Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
61. The Middle East and Africa Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
62. The Middle East and Africa Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
63. The Middle East and Africa Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
64. GCC Countries Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
65. GCC Countries Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
66. GCC Countries Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
67. Rest of MEA Micro-LED Display Market Revenue, By Panel Size, 2016–2025 (USD Million)
68. Rest of MEA Micro-LED Display Market Revenue, By Application, 2016–2025 (USD Million)
69. Rest of MEA Micro-LED Display Market Revenue, By Vertical, 2016–2025 (USD Million)
The micro-led display is basically an evolving flat panel display technology, formed by multiple arrays of microscopic LEDs that together form pixel elements. As compared to the most popular LCD display technology, it not only offers better response time but also extensively reduces the overall energy requirement, which results in better energy efficiency. Micro-LEDs are mainly developed for small and low energy devices, such as smartphones, smartwatches, etc.
The global commercialization of micro-LED display is still in its emerging state. The rising demand for brighter and energy-efficient displays is anticipated to drive the micro-LED display market over forecast timeframe. The demand for micro-LED displays that are extensively compact in size with excellent viewing angle is flourishing worldwide. The implementation of micro-LED displays is currently at its peak, as it provides a brighter picture with a high pixel resolution and unbeatable energy efficiency. The worldwide display manufacturers are observed to be opting for micro-LED solutions to improve the overall experience of the consumer. Additionally, the high penetration rate of micro-LED displays is also due to their high pixel resolutions and exclusive image quality. Furthermore, the never-ending demand for display size reduction will contribute notably toward the micro-LED display market. However, the escalating demand for flexible and foldable display technology may hamper the micro-LED display market to some extent. Moreover, the rising number of micro-LED-based component in display panels is expected to create lucrative growth opportunities for the global micro-LED display market in the future.
The global micro-LED display market is segmented on the basis of panel size, application, and vertical. Based on panel size, the micro-LED display market is majorly segmented into small [<10.5”], medium [10.5”–65”], and large [>65]. By application, the market is segmented into VR headsets, AR headsets, smartphone, smartwatches, tablet, TV, laptop, HUD, and digital signage. The micro-LED smartwatches segment is anticipated to witness rapid market growth in the future, owing to its growing commercialization. By vertical, the market includes automotive, consumer electronics, aerospace and defense, advertisement, and others. The consumer electronics segment is projected to hold a prominent market share in the years ahead, due to the flourishing demand for micro-LED display in smartwatches, smartphones, and tablets.
By region, the Asia Pacific micro-LED display market is estimated to grow rapidly in the upcoming years, owing to the presence of prominent market contributors in the region and the replacement of conventional LED lightings with micro-LED display lightings in emerging economies, such as India and China.
Some key participants operating in the global micro-LED display market are Samsung Electronics, Sharp Electronics, LG Display, Sony, AU Optronics, VerLASE Technologies, Lumiode, Apple, Inc., X-Celeprint, Rohinni, Oculus VR, Epistar, Lumens, Aledia, Cooledge Lighting, Nichia, JBD, Plessey Semiconductors, Ostendo Technologies, VueReal, ALLOS Semiconductors, Uniqarta, Mikro Mesa Technology, and PlayNitride, among others.
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