The global Micro LED market size was valued at US$ 929.3 million in 2023. With growing demand in downstream market, the Micro LED is forecast to a readjusted size of US$ 1192.9 million by 2030 with a CAGR of 3.6% during review period.
The research report highlights the growth potential of the global Micro LED market. Micro LED are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Micro LED. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Micro LED market.
Micro-LED, also known as microLED, mLED or 碌LED, 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.
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.
Key Features:
The report on Micro LED market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Micro LED market. It may include historical data, market segmentation by Type (e.g., Micro LED Display, Micro LED Lighting), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Micro LED market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Micro LED market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Micro LED industry. This include advancements in Micro LED technology, Micro LED new entrants, Micro LED new investment, and other innovations that are shaping the future of Micro LED.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Micro LED market. It includes factors influencing customer ' purchasing decisions, preferences for Micro LED product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Micro LED market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Micro LED market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Micro LED market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Micro LED industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Micro LED market.
Market Segmentation:
Micro LED market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Micro LED Display
Micro LED Lighting
Segmentation by application
Consumer Electronics
Automotive
Advertisement
Aerospace & Defense
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Apple (Luxvue)
Sony
X-Celeprint
Samsung Electronics
Oculus VR (Infiniled)
Epistar
Glo AB
Verlase Technologies
JBD Inc.
Aledia
Vuereal
Uniqarta
Allos Semiconductors
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?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Micro LED Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Micro LED by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Micro LED by Country/Region, 2019, 2023 & 2030
2.2 Micro LED Segment by Type
2.2.1 Micro LED Display
2.2.2 Micro LED Lighting
2.3 Micro LED Sales by Type
2.3.1 Global Micro LED Sales Market Share by Type (2019-2024)
2.3.2 Global Micro LED Revenue and Market Share by Type (2019-2024)
2.3.3 Global Micro LED Sale Price by Type (2019-2024)
2.4 Micro LED Segment by Application
2.4.1 Consumer Electronics
2.4.2 Automotive
2.4.3 Advertisement
2.4.4 Aerospace & Defense
2.4.5 Others
2.5 Micro LED Sales by Application
2.5.1 Global Micro LED Sale Market Share by Application (2019-2024)
2.5.2 Global Micro LED Revenue and Market Share by Application (2019-2024)
2.5.3 Global Micro LED Sale Price by Application (2019-2024)
3 Global Micro LED by Company
3.1 Global Micro LED Breakdown Data by Company
3.1.1 Global Micro LED Annual Sales by Company (2019-2024)
3.1.2 Global Micro LED Sales Market Share by Company (2019-2024)
3.2 Global Micro LED Annual Revenue by Company (2019-2024)
3.2.1 Global Micro LED Revenue by Company (2019-2024)
3.2.2 Global Micro LED Revenue Market Share by Company (2019-2024)
3.3 Global Micro LED Sale Price by Company
3.4 Key Manufacturers Micro LED Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Micro LED Product Location Distribution
3.4.2 Players Micro LED Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Micro LED by Geographic Region
4.1 World Historic Micro LED Market Size by Geographic Region (2019-2024)
4.1.1 Global Micro LED Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Micro LED Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Micro LED Market Size by Country/Region (2019-2024)
4.2.1 Global Micro LED Annual Sales by Country/Region (2019-2024)
4.2.2 Global Micro LED Annual Revenue by Country/Region (2019-2024)
4.3 Americas Micro LED Sales Growth
4.4 APAC Micro LED Sales Growth
4.5 Europe Micro LED Sales Growth
4.6 Middle East & Africa Micro LED Sales Growth
5 Americas
5.1 Americas Micro LED Sales by Country
5.1.1 Americas Micro LED Sales by Country (2019-2024)
5.1.2 Americas Micro LED Revenue by Country (2019-2024)
5.2 Americas Micro LED Sales by Type
5.3 Americas Micro LED Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Micro LED Sales by Region
6.1.1 APAC Micro LED Sales by Region (2019-2024)
6.1.2 APAC Micro LED Revenue by Region (2019-2024)
6.2 APAC Micro LED Sales by Type
6.3 APAC Micro LED Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Micro LED by Country
7.1.1 Europe Micro LED Sales by Country (2019-2024)
7.1.2 Europe Micro LED Revenue by Country (2019-2024)
7.2 Europe Micro LED Sales by Type
7.3 Europe Micro LED Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Micro LED by Country
8.1.1 Middle East & Africa Micro LED Sales by Country (2019-2024)
8.1.2 Middle East & Africa Micro LED Revenue by Country (2019-2024)
8.2 Middle East & Africa Micro LED Sales by Type
8.3 Middle East & Africa Micro LED Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Micro LED
10.3 Manufacturing Process Analysis of Micro LED
10.4 Industry Chain Structure of Micro LED
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Micro LED Distributors
11.3 Micro LED Customer
12 World Forecast Review for Micro LED by Geographic Region
12.1 Global Micro LED Market Size Forecast by Region
12.1.1 Global Micro LED Forecast by Region (2025-2030)
12.1.2 Global Micro LED Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Micro LED Forecast by Type
12.7 Global Micro LED Forecast by Application
13 Key Players Analysis
13.1 Apple (Luxvue)
13.1.1 Apple (Luxvue) Company Information
13.1.2 Apple (Luxvue) Micro LED Product Portfolios and Specifications
13.1.3 Apple (Luxvue) Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Apple (Luxvue) Main Business Overview
13.1.5 Apple (Luxvue) Latest Developments
13.2 Sony
13.2.1 Sony Company Information
13.2.2 Sony Micro LED Product Portfolios and Specifications
13.2.3 Sony Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Sony Main Business Overview
13.2.5 Sony Latest Developments
13.3 X-Celeprint
13.3.1 X-Celeprint Company Information
13.3.2 X-Celeprint Micro LED Product Portfolios and Specifications
13.3.3 X-Celeprint Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 X-Celeprint Main Business Overview
13.3.5 X-Celeprint Latest Developments
13.4 Samsung Electronics
13.4.1 Samsung Electronics Company Information
13.4.2 Samsung Electronics Micro LED Product Portfolios and Specifications
13.4.3 Samsung Electronics Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Samsung Electronics Main Business Overview
13.4.5 Samsung Electronics Latest Developments
13.5 Oculus VR (Infiniled)
13.5.1 Oculus VR (Infiniled) Company Information
13.5.2 Oculus VR (Infiniled) Micro LED Product Portfolios and Specifications
13.5.3 Oculus VR (Infiniled) Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Oculus VR (Infiniled) Main Business Overview
13.5.5 Oculus VR (Infiniled) Latest Developments
13.6 Epistar
13.6.1 Epistar Company Information
13.6.2 Epistar Micro LED Product Portfolios and Specifications
13.6.3 Epistar Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Epistar Main Business Overview
13.6.5 Epistar Latest Developments
13.7 Glo AB
13.7.1 Glo AB Company Information
13.7.2 Glo AB Micro LED Product Portfolios and Specifications
13.7.3 Glo AB Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Glo AB Main Business Overview
13.7.5 Glo AB Latest Developments
13.8 Verlase Technologies
13.8.1 Verlase Technologies Company Information
13.8.2 Verlase Technologies Micro LED Product Portfolios and Specifications
13.8.3 Verlase Technologies Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Verlase Technologies Main Business Overview
13.8.5 Verlase Technologies Latest Developments
13.9 JBD Inc.
13.9.1 JBD Inc. Company Information
13.9.2 JBD Inc. Micro LED Product Portfolios and Specifications
13.9.3 JBD Inc. Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 JBD Inc. Main Business Overview
13.9.5 JBD Inc. Latest Developments
13.10 Aledia
13.10.1 Aledia Company Information
13.10.2 Aledia Micro LED Product Portfolios and Specifications
13.10.3 Aledia Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Aledia Main Business Overview
13.10.5 Aledia Latest Developments
13.11 Vuereal
13.11.1 Vuereal Company Information
13.11.2 Vuereal Micro LED Product Portfolios and Specifications
13.11.3 Vuereal Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Vuereal Main Business Overview
13.11.5 Vuereal Latest Developments
13.12 Uniqarta
13.12.1 Uniqarta Company Information
13.12.2 Uniqarta Micro LED Product Portfolios and Specifications
13.12.3 Uniqarta Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Uniqarta Main Business Overview
13.12.5 Uniqarta Latest Developments
13.13 Allos Semiconductors
13.13.1 Allos Semiconductors Company Information
13.13.2 Allos Semiconductors Micro LED Product Portfolios and Specifications
13.13.3 Allos Semiconductors Micro LED Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Allos Semiconductors Main Business Overview
13.13.5 Allos Semiconductors Latest Developments
14 Research Findings and Conclusion
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