Market Overview:
Micro LED Display Market is expected to grow at a CAGR of XX% and is projected to reach USD XX million by 2030. The market growth is attributed to the increasing demand for AR/VR headsets, HUDs, smart watches, smartphones, TVs, digital signage and tablets. Moreover, the growing trend of miniaturization in electronic devices is also fueling the demand for micro LED displays. However, high manufacturing cost and low yield are some of the major factors restraining the growth of this market. The global micro LED display market can be segmented on the basis of type into small (less than 9 inches), medium (9-30 inches) and large (more than 30 inches). On the basis of application, it can be classified into AR headsets & glasses VR headsets HUDs Smart watches Smartphones TVs Digital signage Tablets Laptops Desktops etc.
Product Definition:
Micro LED display is a high-resolution display technology that uses very small light emitting diodes, or LEDs, to create images. Micro LED displays are important because they offer superior image quality and energy efficiency over other display technologies.
Small:
Small is a new segment in the LED micro display market. It includes displays with size below 50 mm x 30 mm and has emerged as an alternative to OLEDs owing to its lower cost, better performance and flexible form factor. Smaller than small displays are used for applications such as smartwatches, fitness trackers, mobile phones and other consumer electronics products.
Medium:
The micro LED display market is expected to witness significant growth over the forecast period owing to increasing demand for high resolution and large size displays. The key drivers of this market include growing adoption of micro LED technology in various applications such as smartwatches, Head-Up Displays (HUD), medical equipment, automotive instrument clusters and so on. Moreover, technological advancements have led to miniaturization of these displays which is also anticipated to boost the product demand significantly over the next seven years.
Application Insights:
Based on applications, the global market has been segmented into augmented reality headsets, virtual reality headsets, head-up display (HUD), smart watch and smartphone displays, digital signage displays, tablet displays and laptop/desktop monitors. The augmented reality headset application segment dominated the overall industry in terms of revenue share in 2017. Growing adoption of smartphones coupled with advanced AR technology is expected to drive the demand for micro LED Displays over the forecast period.
The virtual reality headset application is projected to witness significant growth over the forecast period owing to increasing use of VR technology across various industries including gaming and entertainment which require high resolution screens for better experience. Moreover, growing use of VR technology in medical education along with its therapeutic benefits is expected to further propel demand over next seven years. The virtual landscape created by these screens provides a realistic experience which encourages users from around the world create new innovative products based on VR platform thereby fueling product demand globally as we speak now!.
Regional Analysis:
The Asia Pacific regional market is anticipated to emerge as a prominent consumer of the products. The region accounted for over 45% revenue share in 2016 and is estimated to reach over USD X million by 2030. This can be attributed to increasing disposable income, growing adoption of new technologies such as augmented reality (AR) and virtual reality (VR), rising investments in the defense sector for deploying advanced displays during war time scenario, and rapid expansion of manufacturing facilities across countries such as China & Japan.
North America micro LED display market was valued at USD X million in 2016 owing to high demand from AR headset manufacturers such as Microsoft Corporation; Google LLC; Osterhout Group; Wevr Inc.; immerz Technologies, Inc.; Vrvana Ltd., among others are driving the regional growth through their product launches across U.S.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive sector
- Growing popularity of wearable technology
- Proliferation of digital signage and increasing demand for large-sized displays
- Emergence of new applications such as augmented reality (AR) and virtual reality (VR)
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro LED Display Market Research Report
By Type
Small, Medium, Large
By Application
AR Headsets, VR Headsets, HUD, Smart Watch, Smart Phone, TV, Digital Signage, Tablet, Laptop and Desktop
By Companies
Apple, Cooledge, Epistar, Glo, Lumens, Mikro Mesa Technology, Oculus VR, Ostendo Technologies, Plasseymiconductors, Samsung Electronics, Sony, Uiqarta
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Micro LED Display Market Report Segments:
The global Micro LED Display market is segmented on the basis of:
Types
Small, Medium, Large
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
AR Headsets, VR Headsets, HUD, Smart Watch, Smart Phone, TV, Digital Signage, Tablet, Laptop and Desktop
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:
- Apple
- Cooledge
- Epistar
- Glo
- Lumens
- Mikro Mesa Technology
- Oculus VR
- Ostendo Technologies
- Plasseymiconductors
- Samsung Electronics
- Sony
- Uiqarta
Highlights of The Micro LED 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
- Medium
- Large
- By Application:
- AR Headsets
- VR Headsets
- HUD
- Smart Watch
- Smart Phone
- TV
- Digital Signage
- Tablet
- Laptop and Desktop
- 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 LED 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 LED display is a small, thin display that uses light-emitting diodes (LEDs). These displays are often used in devices like watches and calculators because they are energy efficient and can be made to look very sharp.
Some of the key players operating in the micro led display market are Apple, Cooledge, Epistar, Glo, Lumens, Mikro Mesa Technology, Oculus VR, Ostendo Technologies, Plasseymiconductors, Samsung Electronics, Sony, Uiqarta.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro LED Display Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Micro LED Display Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro LED Display Market - Supply Chain
4.5. Global Micro LED Display Market Forecast
4.5.1. Micro LED Display Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro LED Display Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro LED Display Market Absolute $ Opportunity
5. Global Micro LED Display Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Micro LED Display Market Size and Volume Forecast by Type
5.3.1. Small
5.3.2. Medium
5.3.3. Large
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro LED Display Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Micro LED Display Market Size and Volume Forecast by Application
6.3.1. AR Headsets
6.3.2. VR Headsets
6.3.3. HUD
6.3.4. Smart Watch
6.3.5. Smart Phone
6.3.6. TV
6.3.7. Digital Signage
6.3.8. Tablet
6.3.9. Laptop and Desktop
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro LED Display Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Micro LED Display Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Micro LED Display Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Micro LED Display Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Micro LED Display Demand Share Forecast, 2019-2029
9. North America Micro LED Display Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Micro LED Display Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Micro LED Display Market Size and Volume Forecast by Application
9.4.1. AR Headsets
9.4.2. VR Headsets
9.4.3. HUD
9.4.4. Smart Watch
9.4.5. Smart Phone
9.4.6. TV
9.4.7. Digital Signage
9.4.8. Tablet
9.4.9. Laptop and Desktop
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro LED Display Market Size and Volume Forecast by Type
9.7.1. Small
9.7.2. Medium
9.7.3. Large
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Micro LED Display Demand Share Forecast, 2019-2029
10. Latin America Micro LED Display Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Micro LED Display Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Micro LED Display Market Size and Volume Forecast by Application
10.4.1. AR Headsets
10.4.2. VR Headsets
10.4.3. HUD
10.4.4. Smart Watch
10.4.5. Smart Phone
10.4.6. TV
10.4.7. Digital Signage
10.4.8. Tablet
10.4.9. Laptop and Desktop
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro LED Display Market Size and Volume Forecast by Type
10.7.1. Small
10.7.2. Medium
10.7.3. Large
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Micro LED Display Demand Share Forecast, 2019-2029
11. Europe Micro LED Display Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Micro LED Display Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Micro LED Display Market Size and Volume Forecast by Application
11.4.1. AR Headsets
11.4.2. VR Headsets
11.4.3. HUD
11.4.4. Smart Watch
11.4.5. Smart Phone
11.4.6. TV
11.4.7. Digital Signage
11.4.8. Tablet
11.4.9. Laptop and Desktop
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro LED Display Market Size and Volume Forecast by Type
11.7.1. Small
11.7.2. Medium
11.7.3. Large
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Micro LED Display Demand Share, 2019-2029
12. Asia Pacific Micro LED Display Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Micro LED Display Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Micro LED Display Market Size and Volume Forecast by Application
12.4.1. AR Headsets
12.4.2. VR Headsets
12.4.3. HUD
12.4.4. Smart Watch
12.4.5. Smart Phone
12.4.6. TV
12.4.7. Digital Signage
12.4.8. Tablet
12.4.9. Laptop and Desktop
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro LED Display Market Size and Volume Forecast by Type
12.7.1. Small
12.7.2. Medium
12.7.3. Large
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Micro LED Display Demand Share, 2019-2029
13. Middle East & Africa Micro LED Display Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Micro LED Display Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Micro LED Display Market Size and Volume Forecast by Application
13.4.1. AR Headsets
13.4.2. VR Headsets
13.4.3. HUD
13.4.4. Smart Watch
13.4.5. Smart Phone
13.4.6. TV
13.4.7. Digital Signage
13.4.8. Tablet
13.4.9. Laptop and Desktop
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro LED Display Market Size and Volume Forecast by Type
13.7.1. Small
13.7.2. Medium
13.7.3. Large
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Micro LED Display Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Micro LED Display Market: Market Share Analysis
14.2. Micro LED Display Distributors and Customers
14.3. Micro LED Display Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Apple
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cooledge
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Epistar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Glo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lumens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mikro Mesa Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Oculus VR
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ostendo Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Plasseymiconductors
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Samsung Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sony
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Uiqarta
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook