Market Overview:
Micro light emitting diode display market is expected to register a CAGR of XX% during the forecast period 2018-2030. The growth in the micro light emitting diode display market can be attributed to the increasing demand for small sized panels, medium sized panels and large size panels across different applications such as cellphone, wearable watch device, AR/VR, TV and others. Additionally, rising demand for OLED displays in smartphones is also anticipated to fuel the growth of micro light emitting diode display market during the forecast period. Geographically, North America is expected to hold a dominant position in the global micro light emitting diode display market followed by Europe and Asia Pacific. This can be attributed to presence of major players operating in this region coupled with increasing adoption of advanced technologies across different applications. Latin America and Middle East & Africa are projected to witness significant growth during the forecast period owing to growing economies and rising disposable income levels of consumers.
Product Definition:
A micro light emitting diode display (MLED) is a very small light emitting diode (LED) display. MLED displays are used in a wide variety of applications, from watches and medical devices to consumer electronics and military equipment.
Small Sized Panels:
Small-sized Panels (SSP) is a new term in the LED display industry. It was initially used for Organic Light Emitting Diode displays with a size of 1.5 inches or 2 inches, which are now known as Micro-Light Emitting Diode Displays (MLEDs). The key factor that differentiates SSP from other display technologies is its compact size and low cost, thus making it suitable for mass production.
Medium Sized Panels:
Medium Sized Panels (MSP) is a type of thin-film technology that allows micro light-emitting diode display to be integrated onto flexible substrates. The technology has been around for quite some time, but its usage was limited to niche applications such as in backlighting solutions and solar cells until recently when it started gaining popularity due to the advent of advanced fabrication techniques such as inkjet printing and large scale production techniques like roll printing.
Application Insights:
Based on the application, the global micro light emitting diode display market has been segmented into smartphone, wearable watch device, augmented reality (AR), virtual reality (VR), television and others. The smartphone segment dominated the overall market in terms of revenue as well as volume in 2017. Increasing demand for smartphones is expected to drive this growth over the forecast period.
The wearable watch device segment is anticipated to grow at a significant rate over the forecast period owing to increasing demand for advanced technology products such as fitness bands and smartwatches among other similar devices from various end-use industries such as sports and medical sector. Smartwatch devices are gaining popularity due their features such as mobile phone functionality through wristwatch display coupled with health monitoring applications which are expected to boost product adoption across various end-use industries including healthcare and sports among others during next few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for smartphones and tablets in this region. China, Japan, South Korea, India are some of the prominent countries where LG Electronics has established its business operations. In 2017, LG Electronics announced that it had shipped 10 million units of wearable devices in this year alone across all categories including smartwatch and fitness bands.
The Middle East & Africa is also anticipated to witness significant growth over the next eight years owing to rapid development in technology adoption along with increased disposable income especially among youth population groups which makes them spend on entertainment as well as other luxury goods such as flat panel TVs.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive sector
- Growing popularity of OLED displays
- Proliferation of digital signage and advertising
- Advances in display technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Light Emitting Diode Display Market Research Report
By Type
Small Sized Panels, Medium Sized Panels, Large Size Panels
By Application
Cellphone, Wearable Watch Device, AR/VR, TV, Others
By Companies
Samsung Electronics, Apple, Sony, Jbd, Lumens
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Micro Light Emitting Diode Display Market Report Segments:
The global Micro Light Emitting Diode Display market is segmented on the basis of:
Types
Small Sized Panels, Medium Sized Panels, Large Size Panels
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cellphone, Wearable Watch Device, AR/VR, TV, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung Electronics
- Apple
- Sony
- Jbd
- Lumens
Highlights of The Micro Light Emitting Diode Display Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Sized Panels
- Medium Sized Panels
- Large Size Panels
- By Application:
- Cellphone
- Wearable Watch Device
- AR/VR
- TV
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro Light Emitting Diode Display Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Micro Light Emitting Diode Display is a small, low-power display that uses light to create images. They are often used in devices like watches and calculators, and can be very thin and lightweight.
Some of the major players in the micro light emitting diode display market are Samsung Electronics, Apple, Sony, Jbd, Lumens.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro Light Emitting Diode Display Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Micro Light Emitting Diode Display Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro Light Emitting Diode Display Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Micro Light Emitting Diode Display Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Micro Light Emitting Diode Display Market Size & Forecast, 2018-2028
4.5.1 Micro Light Emitting Diode Display Market Size and Y-o-Y Growth
4.5.2 Micro Light Emitting Diode Display Market Absolute $ Opportunity
Chapter 5 Global Micro Light Emitting Diode Display Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Micro Light Emitting Diode Display Market Size Forecast by Type
5.2.1 Small Sized Panels
5.2.2 Medium Sized Panels
5.2.3 Large Size Panels
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micro Light Emitting Diode Display Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Micro Light Emitting Diode Display Market Size Forecast by Applications
6.2.1 Cellphone
6.2.2 Wearable Watch Device
6.2.3 AR/VR
6.2.4 TV
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Light Emitting Diode Display Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro Light Emitting Diode Display Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Micro Light Emitting Diode Display Analysis and Forecast
9.1 Introduction
9.2 North America Micro Light Emitting Diode Display Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Micro Light Emitting Diode Display Market Size Forecast by Type
9.6.1 Small Sized Panels
9.6.2 Medium Sized Panels
9.6.3 Large Size Panels
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Micro Light Emitting Diode Display Market Size Forecast by Applications
9.10.1 Cellphone
9.10.2 Wearable Watch Device
9.10.3 AR/VR
9.10.4 TV
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Micro Light Emitting Diode Display Analysis and Forecast
10.1 Introduction
10.2 Europe Micro Light Emitting Diode Display Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Micro Light Emitting Diode Display Market Size Forecast by Type
10.6.1 Small Sized Panels
10.6.2 Medium Sized Panels
10.6.3 Large Size Panels
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Micro Light Emitting Diode Display Market Size Forecast by Applications
10.10.1 Cellphone
10.10.2 Wearable Watch Device
10.10.3 AR/VR
10.10.4 TV
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Micro Light Emitting Diode Display Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micro Light Emitting Diode Display Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Micro Light Emitting Diode Display Market Size Forecast by Type
11.6.1 Small Sized Panels
11.6.2 Medium Sized Panels
11.6.3 Large Size Panels
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Micro Light Emitting Diode Display Market Size Forecast by Applications
11.10.1 Cellphone
11.10.2 Wearable Watch Device
11.10.3 AR/VR
11.10.4 TV
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Micro Light Emitting Diode Display Analysis and Forecast
12.1 Introduction
12.2 Latin America Micro Light Emitting Diode Display Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Micro Light Emitting Diode Display Market Size Forecast by Type
12.6.1 Small Sized Panels
12.6.2 Medium Sized Panels
12.6.3 Large Size Panels
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Micro Light Emitting Diode Display Market Size Forecast by Applications
12.10.1 Cellphone
12.10.2 Wearable Watch Device
12.10.3 AR/VR
12.10.4 TV
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Micro Light Emitting Diode Display Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micro Light Emitting Diode Display Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Micro Light Emitting Diode Display Market Size Forecast by Type
13.6.1 Small Sized Panels
13.6.2 Medium Sized Panels
13.6.3 Large Size Panels
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Micro Light Emitting Diode Display Market Size Forecast by Applications
13.10.1 Cellphone
13.10.2 Wearable Watch Device
13.10.3 AR/VR
13.10.4 TV
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro Light Emitting Diode Display Market: Competitive Dashboard
14.2 Global Micro Light Emitting Diode Display Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung Electronics
14.3.2 Apple
14.3.3 Sony
14.3.4 Jbd
14.3.5 Lumens
