Global Micro-LED Market Growth 2025-2031

Publication ID:

LPI01251570

Publication Date:

January 9, 2025

Pages:

118

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Semiconductors [2]

Manufacturing (Computing & Electronics) [3]

Computing & Electronics [4]

Description:

The global Micro-LED market size is predicted to grow from US$ 1766 million in 2025 to US$ 13090 million in 2031; it is expected to grow at a CAGR of 39.6% from 2025 to 2031.
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.
The 鈥淢icro-LED Industry Forecast鈥� looks at past sales and reviews total world Micro-LED sales in 2024, providing a comprehensive analysis by region and market sector of projected Micro-LED sales for 2025 through 2031. With Micro-LED sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro-LED industry.
This Insight Report provides a comprehensive analysis of the global Micro-LED landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro-LED portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Micro-LED market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro-LED and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro-LED.
This report presents a comprehensive overview, market shares, and growth opportunities of Micro-LED market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Small Sized Panels
Medium Sized Panels
Large Size Panels
Segmentation by Application:
Cellphone
Wearable Watch Device
AR/VR
TV
Others (Automotive Display, etc.)
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 analysing the company's coverage, product portfolio, its market penetration.
Samsung Electronics
Apple
Sony
Jbd
Lumens
LG Display
Innolux Corporation
VueReal
Plessey Semiconductors
AU Optronics
Lumiode
eLux, Inc.
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 by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

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 2020-2031
2.1.2 World Current & Future Analysis for Micro-LED by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Micro-LED by Country/Region, 2020, 2024 & 2031
2.2 Micro-LED Segment by Type
2.2.1 Small Sized Panels
2.2.2 Medium Sized Panels
2.2.3 Large Size Panels
2.3 Micro-LED Sales by Type
2.3.1 Global Micro-LED Sales Market Share by Type (2020-2025)
2.3.2 Global Micro-LED Revenue and Market Share by Type (2020-2025)
2.3.3 Global Micro-LED Sale Price by Type (2020-2025)
2.4 Micro-LED Segment by Application
2.4.1 Cellphone
2.4.2 Wearable Watch Device
2.4.3 AR/VR
2.4.4 TV
2.4.5 Others (Automotive Display, etc.)
2.5 Micro-LED Sales by Application
2.5.1 Global Micro-LED Sale Market Share by Application (2020-2025)
2.5.2 Global Micro-LED Revenue and Market Share by Application (2020-2025)
2.5.3 Global Micro-LED Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Micro-LED Breakdown Data by Company
3.1.1 Global Micro-LED Annual Sales by Company (2020-2025)
3.1.2 Global Micro-LED Sales Market Share by Company (2020-2025)
3.2 Global Micro-LED Annual Revenue by Company (2020-2025)
3.2.1 Global Micro-LED Revenue by Company (2020-2025)
3.2.2 Global Micro-LED Revenue Market Share by Company (2020-2025)
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) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Micro-LED by Geographic Region
4.1 World Historic Micro-LED Market Size by Geographic Region (2020-2025)
4.1.1 Global Micro-LED Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Micro-LED Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Micro-LED Market Size by Country/Region (2020-2025)
4.2.1 Global Micro-LED Annual Sales by Country/Region (2020-2025)
4.2.2 Global Micro-LED Annual Revenue by Country/Region (2020-2025)
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 (2020-2025)
5.1.2 Americas Micro-LED Revenue by Country (2020-2025)
5.2 Americas Micro-LED Sales by Type (2020-2025)
5.3 Americas Micro-LED Sales by Application (2020-2025)
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 (2020-2025)
6.1.2 APAC Micro-LED Revenue by Region (2020-2025)
6.2 APAC Micro-LED Sales by Type (2020-2025)
6.3 APAC Micro-LED Sales by Application (2020-2025)
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 (2020-2025)
7.1.2 Europe Micro-LED Revenue by Country (2020-2025)
7.2 Europe Micro-LED Sales by Type (2020-2025)
7.3 Europe Micro-LED Sales by Application (2020-2025)
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 (2020-2025)
8.1.2 Middle East & Africa Micro-LED Revenue by Country (2020-2025)
8.2 Middle East & Africa Micro-LED Sales by Type (2020-2025)
8.3 Middle East & Africa Micro-LED Sales by Application (2020-2025)
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 (2026-2031)
12.1.2 Global Micro-LED Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Micro-LED Forecast by Type (2026-2031)
12.7 Global Micro-LED Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Samsung Electronics
13.1.1 Samsung Electronics Company Information
13.1.2 Samsung Electronics Micro-LED Product Portfolios and Specifications
13.1.3 Samsung Electronics Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Samsung Electronics Main Business Overview
13.1.5 Samsung Electronics Latest Developments
13.2 Apple
13.2.1 Apple Company Information
13.2.2 Apple Micro-LED Product Portfolios and Specifications
13.2.3 Apple Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Apple Main Business Overview
13.2.5 Apple Latest Developments
13.3 Sony
13.3.1 Sony Company Information
13.3.2 Sony Micro-LED Product Portfolios and Specifications
13.3.3 Sony Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Sony Main Business Overview
13.3.5 Sony Latest Developments
13.4 Jbd
13.4.1 Jbd Company Information
13.4.2 Jbd Micro-LED Product Portfolios and Specifications
13.4.3 Jbd Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Jbd Main Business Overview
13.4.5 Jbd Latest Developments
13.5 Lumens
13.5.1 Lumens Company Information
13.5.2 Lumens Micro-LED Product Portfolios and Specifications
13.5.3 Lumens Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Lumens Main Business Overview
13.5.5 Lumens Latest Developments
13.6 LG Display
13.6.1 LG Display Company Information
13.6.2 LG Display Micro-LED Product Portfolios and Specifications
13.6.3 LG Display Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 LG Display Main Business Overview
13.6.5 LG Display Latest Developments
13.7 Innolux Corporation
13.7.1 Innolux Corporation Company Information
13.7.2 Innolux Corporation Micro-LED Product Portfolios and Specifications
13.7.3 Innolux Corporation Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Innolux Corporation Main Business Overview
13.7.5 Innolux Corporation Latest Developments
13.8 VueReal
13.8.1 VueReal Company Information
13.8.2 VueReal Micro-LED Product Portfolios and Specifications
13.8.3 VueReal Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 VueReal Main Business Overview
13.8.5 VueReal Latest Developments
13.9 Plessey Semiconductors
13.9.1 Plessey Semiconductors Company Information
13.9.2 Plessey Semiconductors Micro-LED Product Portfolios and Specifications
13.9.3 Plessey Semiconductors Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Plessey Semiconductors Main Business Overview
13.9.5 Plessey Semiconductors Latest Developments
13.10 AU Optronics
13.10.1 AU Optronics Company Information
13.10.2 AU Optronics Micro-LED Product Portfolios and Specifications
13.10.3 AU Optronics Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 AU Optronics Main Business Overview
13.10.5 AU Optronics Latest Developments
13.11 Lumiode
13.11.1 Lumiode Company Information
13.11.2 Lumiode Micro-LED Product Portfolios and Specifications
13.11.3 Lumiode Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Lumiode Main Business Overview
13.11.5 Lumiode Latest Developments
13.12 eLux, Inc.
13.12.1 eLux, Inc. Company Information
13.12.2 eLux, Inc. Micro-LED Product Portfolios and Specifications
13.12.3 eLux, Inc. Micro-LED Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 eLux, Inc. Main Business Overview
13.12.5 eLux, Inc. Latest Developments
14 Research Findings and Conclusion

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