Market Overview:
MicroLED display is a new type of display technology that has many advantages over the current mainstream LCD and OLED displays. It is a self-emitting technology, so there is no need for backlighting, which makes it thinner and more power-efficient than LCDs. MicroLED displays are also brighter and have better contrast ratios than OLEDs. The global microLED display market was valued at US$ 1,711.5 million in 2017.
Product Definition:
A MicroLED Display is a display technology that uses arrays of microscopic LEDs as pixels. Compared to OLED displays, MicroLEDs are brighter, less power-hungry and offer higher contrast. They are also more durable and can be produced in larger sizes.
Large-scale Display:
Large-scale displays are any display with a size of 5mm or more in the micro-LED market. They are majorly used in smartwatches, fitness trackers and other consumer electronic devices. The growth factor for large scale displays is high demand from the consumer electronics industry as these devices need to be thin in order to achieve an aesthetic design.
Small and Medium-sized Display:
Small and medium-sized displays are the key components in microLED display market. These displays have a size of less than or equal to 0.1 mm2 and can be used for various applications including biological imaging, smart packaging, security tags, electronic paper, touch panels etc. The growing demand for high resolution is expected to drive the small & medium-sized display market over the forecast period.
Application Insights:
Smartwatch was the largest application segment in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. The growing demand for smartwatches, which display information related to the wearer¢â‚¬â„¢s health and lifestyle, is anticipated to drive the segment growth over the forecast period.
MicroLED displays have several advantages such as high brightness, high contrast ratio, low power consumption and they can be easily integrated with electronic devices owing to their small size. These characteristics make them suitable for various applications including smartphone & tablet display (4-6 Inches), PC & laptop monitor (1366 x 768 resolution) and large-scale displays (120Hz). Smartphone & tablet are likely to remain dominant segments throughout the forecast period owingto increasing demand for portable devices across developing countries such as China India Japan etc.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in various sectors, such as healthcare, automotive, and aviation. In addition, rising disposable income levels are anticipated to drive demand for consumer electronics products in this region. China accounted for a major share of global microLED display production owing to low manufacturing costs and availability of cheap labor within the country.
North America emerged as one of the prominent regional markets in 2017 owing to high demand from end-use industries such as smartphones and laptops along with growing applications in industrial sector including signs/boards/display units on trucks or buses or trains etc., which will have a positive impact on industry growth over next eight years. Europe is also likely to witness steady growth due North High ICT Development Index (HIDI) score that it has been awarded by ITU Telekom Innovation Report 2016 published by International Telecommunication Union (ITU).
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive sector
- Growing popularity of wearable technology
- Proliferation of digital signage
- Emerging applications in augmented reality and virtual reality
Scope Of The Report
Report Attributes
Report Details
Report Title
MicroLED Display Market Research Report
By Type
Large-scale Display, Small and Medium-sized Display
By Application
Smartphone & Tablet, TV, PC & laptop, Smartwatch, Others
By Companies
Samsung, Sony, Apple, LG Display, Play Nitride, ELUX, Rohinni, Aledia, Oculus, VueReal, X-Celeprint, Epistar, GLO AB, Jade Bird Display, Uniqarta
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global MicroLED Display Market Report Segments:
The global MicroLED Display market is segmented on the basis of:
Types
Large-scale Display, Small and Medium-sized Display
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
Smartphone & Tablet, TV, PC & laptop, Smartwatch, 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
- Sony
- Apple
- LG Display
- Play Nitride
- ELUX
- Rohinni
- Aledia
- Oculus
- VueReal
- X-Celeprint
- Epistar
- GLO AB
- Jade Bird Display
- Uniqarta
Highlights of The MicroLED 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:
- Large-scale Display
- Small and Medium-sized Display
- By Application:
- Smartphone & Tablet
- TV
- PC & laptop
- Smartwatch
- 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 MicroLED 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 microLED display is a type of LED display that is smaller than traditional displays. They are often used in devices such as watches, fitness trackers, and other small electronics.
Some of the major companies in the microled display market are Samsung, Sony, Apple, LG Display, Play Nitride, ELUX, Rohinni, Aledia, Oculus, VueReal, X-Celeprint, Epistar, GLO AB, Jade Bird Display, Uniqarta.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MicroLED 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 MicroLED Display Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MicroLED 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 MicroLED 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 MicroLED Display Market Size & Forecast, 2018-2028
4.5.1 MicroLED Display Market Size and Y-o-Y Growth
4.5.2 MicroLED Display Market Absolute $ Opportunity
Chapter 5 Global MicroLED 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 MicroLED Display Market Size Forecast by Type
5.2.1 Large-scale Display
5.2.2 Small and Medium-sized Display
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MicroLED 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 MicroLED Display Market Size Forecast by Applications
6.2.1 Smartphone & Tablet
6.2.2 TV
6.2.3 PC & laptop
6.2.4 Smartwatch
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MicroLED 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 MicroLED 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 MicroLED Display Analysis and Forecast
9.1 Introduction
9.2 North America MicroLED 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 MicroLED Display Market Size Forecast by Type
9.6.1 Large-scale Display
9.6.2 Small and Medium-sized Display
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 MicroLED Display Market Size Forecast by Applications
9.10.1 Smartphone & Tablet
9.10.2 TV
9.10.3 PC & laptop
9.10.4 Smartwatch
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 MicroLED Display Analysis and Forecast
10.1 Introduction
10.2 Europe MicroLED 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 MicroLED Display Market Size Forecast by Type
10.6.1 Large-scale Display
10.6.2 Small and Medium-sized Display
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 MicroLED Display Market Size Forecast by Applications
10.10.1 Smartphone & Tablet
10.10.2 TV
10.10.3 PC & laptop
10.10.4 Smartwatch
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 MicroLED Display Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MicroLED 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 MicroLED Display Market Size Forecast by Type
11.6.1 Large-scale Display
11.6.2 Small and Medium-sized Display
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 MicroLED Display Market Size Forecast by Applications
11.10.1 Smartphone & Tablet
11.10.2 TV
11.10.3 PC & laptop
11.10.4 Smartwatch
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 MicroLED Display Analysis and Forecast
12.1 Introduction
12.2 Latin America MicroLED 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 MicroLED Display Market Size Forecast by Type
12.6.1 Large-scale Display
12.6.2 Small and Medium-sized Display
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 MicroLED Display Market Size Forecast by Applications
12.10.1 Smartphone & Tablet
12.10.2 TV
12.10.3 PC & laptop
12.10.4 Smartwatch
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) MicroLED Display Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MicroLED 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) MicroLED Display Market Size Forecast by Type
13.6.1 Large-scale Display
13.6.2 Small and Medium-sized Display
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) MicroLED Display Market Size Forecast by Applications
13.10.1 Smartphone & Tablet
13.10.2 TV
13.10.3 PC & laptop
13.10.4 Smartwatch
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 MicroLED Display Market: Competitive Dashboard
14.2 Global MicroLED Display Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 Sony
14.3.3 Apple
14.3.4 LG Display
14.3.5 Play Nitride
14.3.6 ELUX
14.3.7 Rohinni
14.3.8 Aledia
14.3.9 Oculus
14.3.10 VueReal
14.3.11 X-Celeprint
14.3.12 Epistar
14.3.13 GLO AB
14.3.14 Jade Bird Display
14.3.15 Uniqarta
