Summary
The global Micro-LED Display Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2020.
Micro-LED displays are the clear replacement of OLED displays, particularly in TV applications where a large number of pixels can be displayed for a smaller footprint. In the past, LCD manufacturing was shifting to mainland China because of high-cost competitiveness, better productivity, higher output, industry association, and support from the supply chain. There has been a notable recent development in China, which is driving the Micro-LED growth. The first Micro-LED TVs are now hitting the market and they are much like full-array LED TV but use less than half of the energy. The popularity of micro-LED displays is increasing because of their vibrant color and clean designs that look like normal LED displays.
The growing demand for fine pitch panels is expected to augment the growth of the micro-LED display market. Moreover, the growing demand for bright and power-efficient display panels is supporting the growth of the micro-LED display market. The increasing use of small micro-LED displays in smartphones, smartwatches, and close-to-eye devices is again projected to contribute to the growth of the market. So growing penetration of smartphones will favor the growth of the market. According to the India Brand Equity Foundation, in 2019, India had nearly 502 million smartphone users, accounting for almost 77 percent of Indians having access to the internet. Smartphone users are expected to reach 780 million in 2021.
Asia Pacific is expected to exhibit significant growth over the forecast period and this is attributed to the increasing investment in the LCD industry in the region. China is the largest market for LED and LCD displays due to increasing investment by key players in the development of LCD and OLED displays. For instance, in June 2020, Konka announced it plans to establish a joint-venture equity investment fund with 2 billion yuan ($305.4 million) for semiconductor-related new materials & equipment and micro-LED technology
Key Developments:
- In March 2021, Absen held the spring launch event live to the global audience, to showcase Absen's new-gen MicroLED display technology and three other innovative new products.
- In June 2020, Apple plans to invest $330 million to build a factory in Taiwan, China for the development of MicroLED displays. The new Taiwan factory will produce LEDs and MicroLEDs for future iPhones, iPads, MacBooks, and other devices
- In Janurary 2021, Leyard Opto-Electronic launched its first microLED display modules, that can be used to create seamless large-area microLED displays.
The Micro-LED Display Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Micro-LED Display Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Apple
- Samsung
- Sony
- Oculus
- VueReal
- LG Display
- Play Nitride
- eLUX
- Rohinni
- Aledia
By Product Type, the market is primarily segmented into:
- Large-scale Display
- Small- & Medium-sized Display
- Micro Display
By Applications, the market is segmented into:
- Smartphone & Tablet
- TV
- PC & laptop
- Smartwatch
- Others
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
The objective of the Micro-LED Display Market Report:
- To assess the size of the market by value and volume
- Analyze the Micro-LED Display Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Micro-LED Display Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Micro-LED Display Market
The Micro-LED Display Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Micro-LED Display Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Micro-LED Display Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Micro-LED Display Market Share by Application: 2020 VS 2026
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Micro-LED Display Market
1.6.1 How the Covid-19 is Affecting the Micro-LED Display Market
1.6.1.1 Micro-LED Display Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Micro-LED Display Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Micro-LED Display Market Perspective (2015-2026)
2.2 Micro-LED Display Market Growth Trends by Regions
2.2.1 Micro-LED Display Market Size by Regions: 2015 VS 2020 VS 2026
2.2.2 Micro-LED Display Market Historic Market Share by Regions (2015-2020)
2.2.3 Micro-LED Display Market Forecasted Market Size by Regions (2021-2026)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Micro-LED Display Market Growth Strategy
2.3.6 Primary Interviews with Key Micro-LED Display Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Micro-LED Display Market Players by Market Size
3.1.1 Global Top Micro-LED Display Market Players by Revenue (2015-2020)
3.1.2 Global Micro-LED Display Market Revenue Market Share by Players (2015-2020)
3.1.3 Global Micro-LED Display Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Micro-LED Display Market Concentration Ratio
3.2.1 Global Micro-LED Display Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Micro-LED Display Market Revenue in 2019
3.3 Micro-LED Display Market Key Players Head office and Area Served
3.4 Key Players Micro-LED Display Market Product Solution and Service
3.5 Date of entering into Micro-LED Display Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
4.1 Global Micro-LED Display Market Historic Market Size by Type (2015-2020)
4.2 Global Micro-LED Display Market Forecasted Market Size by Type (2021-2026)
5 Micro-LED Display Market Breakdown Data by Application (2015-2026)
5.1 Global Micro-LED Display Market Size by Application (2015-2020)
5.2 Global Micro-LED Display Market Forecasted Market Size by Application (2021-2026)
6 North America
6.1 North America Micro-LED Display Market Size (2015-2020)
6.2 Micro-LED Display Market Key Players in North America (2019-2020)
6.3 North America Micro-LED Display Market Size by Type (2015-2020)
6.4 North America Micro-LED Display Market Size by Application (2015-2020)
7 Europe
7.1 Europe Micro-LED Display Market Size (2015-2020)
7.2 Micro-LED Display Market Key Players in Europe (2019-2020)
7.3 Europe Micro-LED Display Market Size by Type (2015-2020)
7.4 Europe Micro-LED Display Market Size by Application (2015-2020)
8 China
8.1 China Micro-LED Display Market Size (2015-2020)
8.2 Micro-LED Display Market Key Players in China (2019-2020)
8.3 China Micro-LED Display Market Size by Type (2015-2020)
8.4 China Micro-LED Display Market Size by Application (2015-2020)
9 Japan
9.1 Japan Micro-LED Display Market Size (2015-2020)
9.2 Micro-LED Display Market Key Players in Japan (2019-2020)
9.3 Japan Micro-LED Display Market Size by Type (2015-2020)
9.4 Japan Micro-LED Display Market Size by Application (2015-2020)
10 Southeast Asia
10.1 Southeast Asia Micro-LED Display Market Size (2015-2020)
10.2 Micro-LED Display Market Key Players in Southeast Asia (2019-2020)
10.3 Southeast Asia Micro-LED Display Market Size by Type (2015-2020)
10.4 Southeast Asia Micro-LED Display Market Size by Application (2015-2020)
11 India
11.1 India Micro-LED Display Market Size (2015-2020)
11.2 Micro-LED Display Market Key Players in India (2019-2020)
11.3 India Micro-LED Display Market Size by Type (2015-2020)
11.4 India Micro-LED Display Market Size by Application (2015-2020)
12 Central & South America
12.1 Central & South America Micro-LED Display Market Size (2015-2020)
12.2 Micro-LED Display Market Key Players in Central & South America (2019-2020)
12.3 Central & South America Micro-LED Display Market Size by Type (2015-2020)
12.4 Central & South America Micro-LED Display Market Size by Application (2015-2020)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Micro-LED Display Market Introduction
13.4 Micro-LED Display Market Business (2015-2020)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Micro-LED Display Market Key Market Segments
Table 2. Key Players Covered: Ranking by Micro-LED Display Market Revenue
Table 3. Ranking of Global Top Micro-LED Display Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Micro-LED Display Market Size Growth Rate by Type (US$ Million): 2020 VS 2026
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Micro-LED Display Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Micro-LED Display Market Players to Combat Covid-19 Impact
Table 10. Global Micro-LED Display Market Size Growth by Application (US$ Million): 2020 VS 2026
Table 11. Global Micro-LED Display Market Size by Regions (US$ Million): 2020 VS 2026
Table 12. Global Micro-LED Display Market Size by Regions (2015-2020) (US$ Million)
Table 13. Global Micro-LED Display Market Share by Regions (2015-2020)
Table 14. Global Micro-LED Display Market Forecasted Market Size by Regions (2021-2026) (US$ Million)
Table 15. Global Micro-LED Display Market Share by Regions (2021-2026)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Micro-LED Display Market Growth Strategy
Table 20. Main Points Interviewed from Key Micro-LED Display Market Players
Table 21. Global Micro-LED Display Market Revenue by Players (2015-2020) (Million US$)
Table 22. Global Micro-LED Display Market Share by Players (2015-2020)
Table 23. Global Top Micro-LED Display Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Micro-LED Display Market as of 2019)
Table 24. Global Micro-LED Display Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Micro-LED Display Market Product Solution and Service
Table 27. Date of entering into Micro-LED Display Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 30. Global Micro-LED Display Market Size Share by Type (2015-2020)
Table 31. Global Micro-LED Display Market Revenue Market Share by Type (2021-2026)
Table 31. Global Micro-LED Display Market Size Share by Application (2015-2020)
Table 33. Global Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 34. Global Micro-LED Display Market Size Share by Application (2021-2026)
Table 35. North America Key Players Micro-LED Display Market Revenue (2019-2020) (Million US$)
Table 36. North America Key Players Micro-LED Display Market Share (2019-2020)
Table 37. North America Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 38. North America Micro-LED Display Market Share by Type (2015-2020)
Table 39. North America Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 40. North America Micro-LED Display Market Share by Application (2015-2020)
Table 41. Europe Key Players Micro-LED Display Market Revenue (2019-2020) (Million US$)
Table 42. Europe Key Players Micro-LED Display Market Share (2019-2020)
Table 43. Europe Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 44. Europe Micro-LED Display Market Share by Type (2015-2020)
Table 45. Europe Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 46. Europe Micro-LED Display Market Share by Application (2015-2020)
Table 47. China Key Players Micro-LED Display Market Revenue (2019-2020) (Million US$)
Table 48. China Key Players Micro-LED Display Market Share (2019-2020)
Table 49. China Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 50. China Micro-LED Display Market Share by Type (2015-2020)
Table 51. China Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 52. China Micro-LED Display Market Share by Application (2015-2020)
Table 53. Japan Key Players Micro-LED Display Market Revenue (2019-2020) (Million US$)
Table 54. Japan Key Players Micro-LED Display Market Share (2019-2020)
Table 55. Japan Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 56. Japan Micro-LED Display Market Share by Type (2015-2020)
Table 57. Japan Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 58. Japan Micro-LED Display Market Share by Application (2015-2020)
Table 59. Southeast Asia Key Players Micro-LED Display Market Revenue (2019-2020) (Million US$)
Table 60. Southeast Asia Key Players Micro-LED Display Market Share (2019-2020)
Table 61. Southeast Asia Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 62. Southeast Asia Micro-LED Display Market Share by Type (2015-2020)
Table 63. Southeast Asia Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 64. Southeast Asia Micro-LED Display Market Share by Application (2015-2020)
Table 65. India Key Players Micro-LED Display Market Revenue (2019-2020) (Million US$)
Table 66. India Key Players Micro-LED Display Market Share (2019-2020)
Table 67. India Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 68. India Micro-LED Display Market Share by Type (2015-2020)
Table 69. India Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 70. India Micro-LED Display Market Share by Application (2015-2020)
Table 71. Central & South America Key Players Micro-LED Display Market Revenue (2019-2020) (Million US$)
Table 72. Central & South America Key Players Micro-LED Display Market Share (2019-2020)
Table 73. Central & South America Micro-LED Display Market Size by Type (2015-2020) (Million US$)
Table 74. Central & South America Micro-LED Display Market Share by Type (2015-2020)
Table 75. Central & South America Micro-LED Display Market Size by Application (2015-2020) (Million US$)
Table 76. Central & South America Micro-LED Display Market Share by Application (2015-2020)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Micro-LED Display Market Business (2015-2020) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Micro-LED Display Market Share by Type: 2020 VS 2026
Figure 2. Global Micro-LED Display Market Share by Application: 2020 VS 2026
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Micro-LED Display Market Report Years Considered
Figure 8. Global Micro-LED Display Market Size YoY Growth 2015-2026 (US$ Million)
Figure 9. Global Micro-LED Display Market Share by Regions: 2020 VS 2026
Figure 10. Global Micro-LED Display Market Share by Regions (2021-2026)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Micro-LED Display Market Share by Players in 2019
Figure 13. Global Top Micro-LED Display Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Micro-LED Display Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Micro-LED Display Market Revenue in 2019
Figure 15. North America Micro-LED Display Market Size YoY Growth (2015-2020) (Million US$)
Figure 16. Europe Micro-LED Display Market Size YoY Growth (2015-2020) (Million US$)
Figure 17. China Micro-LED Display Market Size YoY Growth (2015-2020) (Million US$)
Figure 18. Japan Micro-LED Display Market Size YoY Growth (2015-2020) (Million US$)
Figure 19. Southeast Asia Micro-LED Display Market Size YoY Growth (2015-2020) (Million US$)
Figure 20. India Micro-LED Display Market Size YoY Growth (2015-2020) (Million US$)
Figure 21. Central & South America Micro-LED Display Market Size YoY Growth (2015-2020) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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