Sophia Jonson
The Micro-LED market report, published by GMI Research, provides extensive insight and analysis of the Micro-LED market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the Micro-LED market. The research report also studies the competitive environment of the Micro-LED market based on the company profiles and their efforts on increasing product value and production.
Leading Players in the Micro-LED Market
The notable players in the Micro-LED market include Philips Lighting N.V., Aledia, Epistar Corp, Samsung Electronics Co., Ltd, LG Electronics Co., Ltd, Glo AB, Sony Corporation, Apple Inc., JBD Inc., and X-Celeprint, among others.
Key Drivers in the Micro-LED Market
The accelerating demand for more power-efficient display screens in smartwatches, smart devices, and AR/VR devices is the major factor that is driving the growth of the Micro-LED market. Several multinational giants are mainly emphasizing on technological development to capture the strong demand of the market. Additionally, the rising demand for consumer electronics will further surge the demand of the market over the coming years.
The Micro-LED has brighter light, provides ultrahigh definition picture quality, enhances color saturation, and consumes less energy as compared to OLEDs and LCDs. As per the Micro-LED market forecast, the growing penetration of smart devices such as smartphones, iPad, laptops, and television, will further boost the demand of the market at the global level. On the other edge, the easy availability of cheaper substitute products such as OLED is likely to hamper the growth of the market globally.
Market Segmentation
Micro-LED Market by Application:
- Display
- Near-To-Eye (NTE) Devices
- Smartwatch
- Television
- Head-Up Display (HUD)
- Smartphone and Tablet
- Monitor & Laptops
- Digital signage
- Lighting
- General Lighting
- Automotive Lighting
Micro-LED Market by Panel Size:
- Microdisplay
- Small & Medium Sized Panel
- Large Panel
Micro-LED Market by Vertical:
- Consumer Electronics
- Advertisement
- Automotive
- Aerospace & Defense
- Energy & Power
- Architecture & Construction
- Entertainment & Sports
- Retail
- Residential
- Others
Micro-LED Market by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.
