The global MicroLED market size was valued at US$ 929.3 million in 2023. With growing demand in downstream market, the MicroLED 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 MicroLED market. MicroLED 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 MicroLED. 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 MicroLED 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 MicroLED 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 MicroLED market. It may include historical data, market segmentation by Type (e.g., Small Sized Panels, Medium Sized Panels), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the MicroLED 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 MicroLED 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 MicroLED industry. This include advancements in MicroLED technology, MicroLED new entrants, MicroLED new investment, and other innovations that are shaping the future of MicroLED.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the MicroLED market. It includes factors influencing customer ' purchasing decisions, preferences for MicroLED product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the MicroLED market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting MicroLED 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 MicroLED market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the MicroLED 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 MicroLED market.
Market Segmentation:
MicroLED 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
Small Sized Panels
Medium Sized Panels
Large Size Panels
Segmentation by application
Cellphone
Wearable Watch Device
AR/VR
TV
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.
Samsung Electronics
Apple
Sony
Jbd
Lumens
Key Questions Addressed in this Report
What is the 10-year outlook for the global MicroLED market?
What factors are driving MicroLED market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do MicroLED market opportunities vary by end market size?
How does MicroLED 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 MicroLED Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for MicroLED by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for MicroLED by Country/Region, 2019, 2023 & 2030
2.2 MicroLED Segment by Type
2.2.1 Small Sized Panels
2.2.2 Medium Sized Panels
2.2.3 Large Size Panels
2.3 MicroLED Sales by Type
2.3.1 Global MicroLED Sales Market Share by Type (2019-2024)
2.3.2 Global MicroLED Revenue and Market Share by Type (2019-2024)
2.3.3 Global MicroLED Sale Price by Type (2019-2024)
2.4 MicroLED 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
2.5 MicroLED Sales by Application
2.5.1 Global MicroLED Sale Market Share by Application (2019-2024)
2.5.2 Global MicroLED Revenue and Market Share by Application (2019-2024)
2.5.3 Global MicroLED Sale Price by Application (2019-2024)
3 Global MicroLED by Company
3.1 Global MicroLED Breakdown Data by Company
3.1.1 Global MicroLED Annual Sales by Company (2019-2024)
3.1.2 Global MicroLED Sales Market Share by Company (2019-2024)
3.2 Global MicroLED Annual Revenue by Company (2019-2024)
3.2.1 Global MicroLED Revenue by Company (2019-2024)
3.2.2 Global MicroLED Revenue Market Share by Company (2019-2024)
3.3 Global MicroLED Sale Price by Company
3.4 Key Manufacturers MicroLED Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers MicroLED Product Location Distribution
3.4.2 Players MicroLED 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 MicroLED by Geographic Region
4.1 World Historic MicroLED Market Size by Geographic Region (2019-2024)
4.1.1 Global MicroLED Annual Sales by Geographic Region (2019-2024)
4.1.2 Global MicroLED Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic MicroLED Market Size by Country/Region (2019-2024)
4.2.1 Global MicroLED Annual Sales by Country/Region (2019-2024)
4.2.2 Global MicroLED Annual Revenue by Country/Region (2019-2024)
4.3 Americas MicroLED Sales Growth
4.4 APAC MicroLED Sales Growth
4.5 Europe MicroLED Sales Growth
4.6 Middle East & Africa MicroLED Sales Growth
5 Americas
5.1 Americas MicroLED Sales by Country
5.1.1 Americas MicroLED Sales by Country (2019-2024)
5.1.2 Americas MicroLED Revenue by Country (2019-2024)
5.2 Americas MicroLED Sales by Type
5.3 Americas MicroLED Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC MicroLED Sales by Region
6.1.1 APAC MicroLED Sales by Region (2019-2024)
6.1.2 APAC MicroLED Revenue by Region (2019-2024)
6.2 APAC MicroLED Sales by Type
6.3 APAC MicroLED 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 MicroLED by Country
7.1.1 Europe MicroLED Sales by Country (2019-2024)
7.1.2 Europe MicroLED Revenue by Country (2019-2024)
7.2 Europe MicroLED Sales by Type
7.3 Europe MicroLED 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 MicroLED by Country
8.1.1 Middle East & Africa MicroLED Sales by Country (2019-2024)
8.1.2 Middle East & Africa MicroLED Revenue by Country (2019-2024)
8.2 Middle East & Africa MicroLED Sales by Type
8.3 Middle East & Africa MicroLED 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 MicroLED
10.3 Manufacturing Process Analysis of MicroLED
10.4 Industry Chain Structure of MicroLED
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 MicroLED Distributors
11.3 MicroLED Customer
12 World Forecast Review for MicroLED by Geographic Region
12.1 Global MicroLED Market Size Forecast by Region
12.1.1 Global MicroLED Forecast by Region (2025-2030)
12.1.2 Global MicroLED 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 MicroLED Forecast by Type
12.7 Global MicroLED Forecast by Application
13 Key Players Analysis
13.1 Samsung Electronics
13.1.1 Samsung Electronics Company Information
13.1.2 Samsung Electronics MicroLED Product Portfolios and Specifications
13.1.3 Samsung Electronics MicroLED Sales, Revenue, Price and Gross Margin (2019-2024)
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 MicroLED Product Portfolios and Specifications
13.2.3 Apple MicroLED Sales, Revenue, Price and Gross Margin (2019-2024)
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 MicroLED Product Portfolios and Specifications
13.3.3 Sony MicroLED Sales, Revenue, Price and Gross Margin (2019-2024)
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 MicroLED Product Portfolios and Specifications
13.4.3 Jbd MicroLED Sales, Revenue, Price and Gross Margin (2019-2024)
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 MicroLED Product Portfolios and Specifications
13.5.3 Lumens MicroLED Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Lumens Main Business Overview
13.5.5 Lumens Latest Developments
14 Research Findings and Conclusion
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