The global micro light emitting diode (LED) market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for LED in various applications such as smartwatch, neateye devices (AR and VR), television, smartphone and tablet, monitor and laptop, heaup display, digital signage, automotive display and lighting. The small sized panels segment is expected to grow at a CAGR of 13% during the forecast period due to their low cost per unit area. The medium sized panels segment is expected to grow at a CAGR of 11% during the forecast period due to their high brightness levels which are required for large size displays such as televisions. The large size panels segment is expected to grow at a CAGR of 10% during the forecast period due its high brightness levels which are required for large size displays such as televisions.
- LED lights are more energy efficient than traditional incandescent and fluorescent bulbs.
- LEDs are durable, with a lifespan of up to 50,000 hours or more.
- LEDs can be used in a variety of applications including traffic signals, car headlights, and home lighting fixtures.
- LED lights emit less heat than other types of light bulbs which means they can be placed closer to people without the risk of burning them or causing discomfort from the heat emitted by other types of light bulbs such as incandescent and fluorescent bulbs.
- The cost for LED lights has been steadily decreasing over time.
Industry Growth Insights published a new data on “Micro Light Emitting Diode (LED) Market”. The research report is titled “Micro Light Emitting Diode (LED) Market research by Types (Small Sized Panels, Medium Sized Panels, Large Size Panels), By Applications (Smartwatch, Near-to-eye Devices (AR and VR), Television, Smartphone and Tablet, Monitor and Laptop, Head-up Display, Digital Signage, Automotive Display, Lighting, Others), By Players/Companies Innolux Corporation, Sony, LG Display, Apple, Jbd, Lumens, VueReal, Plessey Semiconductors, AU Optronics, Lumiode, ELux, Rohinni, Samsung Electronics, Ostendo Technologies, Optovate, Epistar Corporation, Allos Semiconductors, Aledia”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Light Emitting Diode (LED) Market Research Report
By Type
Small Sized Panels, Medium Sized Panels, Large Size Panels
By Application
Smartwatch, Near-to-eye Devices (AR and VR), Television, Smartphone and Tablet, Monitor and Laptop, Head-up Display, Digital Signage, Automotive Display, Lighting, Others
By Companies
Innolux Corporation, Sony, LG Display, Apple, Jbd, Lumens, VueReal, Plessey Semiconductors, AU Optronics, Lumiode, ELux, Rohinni, Samsung Electronics, Ostendo Technologies, Optovate, Epistar Corporation, Allos Semiconductors, Aledia
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Micro Light Emitting Diode (LED) Market Report Segments:
The global Micro Light Emitting Diode (LED) 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
Smartwatch, Near-to-eye Devices (AR and VR), Television, Smartphone and Tablet, Monitor and Laptop, Head-up Display, Digital Signage, Automotive Display, Lighting, 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:
- Innolux Corporation
- Sony
- LG Display
- Apple
- Jbd
- Lumens
- VueReal
- Plessey Semiconductors
- AU Optronics
- Lumiode
- ELux
- Rohinni
- Samsung Electronics
- Ostendo Technologies
- Optovate
- Epistar Corporation
- Allos Semiconductors
- Aledia
Highlights of The Micro Light Emitting Diode (LED) 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:
- Smartwatch
- Near-to-eye Devices (AR and VR)
- Television
- Smartphone and Tablet
- Monitor and Laptop
- Head-up Display
- Digital Signage
- Automotive Display
- Lighting
- 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 (LED) 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.
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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 (LED) is a small, thin-film LED device that emits light through the emission of electrons from a p-n junction. LEDs are available in various colors and can be used for a variety of applications including lighting, signage, and electronics.
Some of the key players operating in the micro light emitting diode (led) market are Innolux Corporation, Sony, LG Display, Apple, Jbd, Lumens, VueReal, Plessey Semiconductors, AU Optronics, Lumiode, ELux, Rohinni, Samsung Electronics, Ostendo Technologies, Optovate, Epistar Corporation, Allos Semiconductors, Aledia.
The micro light emitting diode (led) market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro Light Emitting Diode (LED) Market - Supply Chain
4.5. Global Micro Light Emitting Diode (LED) Market Forecast
4.5.1. Micro Light Emitting Diode (LED) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro Light Emitting Diode (LED) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro Light Emitting Diode (LED) Market Absolute $ Opportunity
5. Global Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Size and Volume Forecast by Type
5.3.1. Small Sized Panels
5.3.2. Medium Sized Panels
5.3.3. Large Size Panels
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Size and Volume Forecast by Application
6.3.1. Smartwatch
6.3.2. Near-to-eye Devices (AR and VR)
6.3.3. Television
6.3.4. Smartphone and Tablet
6.3.5. Monitor and Laptop
6.3.6. Head-up Display
6.3.7. Digital Signage
6.3.8. Automotive Display
6.3.9. Lighting
6.3.10. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Demand Share Forecast, 2019-2026
9. North America Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Size and Volume Forecast by Application
9.4.1. Smartwatch
9.4.2. Near-to-eye Devices (AR and VR)
9.4.3. Television
9.4.4. Smartphone and Tablet
9.4.5. Monitor and Laptop
9.4.6. Head-up Display
9.4.7. Digital Signage
9.4.8. Automotive Display
9.4.9. Lighting
9.4.10. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro Light Emitting Diode (LED) Market Size and Volume Forecast by Type
9.7.1. Small Sized Panels
9.7.2. Medium Sized Panels
9.7.3. Large Size Panels
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 Light Emitting Diode (LED) Demand Share Forecast, 2019-2026
10. Latin America Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Size and Volume Forecast by Application
10.4.1. Smartwatch
10.4.2. Near-to-eye Devices (AR and VR)
10.4.3. Television
10.4.4. Smartphone and Tablet
10.4.5. Monitor and Laptop
10.4.6. Head-up Display
10.4.7. Digital Signage
10.4.8. Automotive Display
10.4.9. Lighting
10.4.10. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro Light Emitting Diode (LED) Market Size and Volume Forecast by Type
10.7.1. Small Sized Panels
10.7.2. Medium Sized Panels
10.7.3. Large Size Panels
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 Light Emitting Diode (LED) Demand Share Forecast, 2019-2026
11. Europe Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Size and Volume Forecast by Application
11.4.1. Smartwatch
11.4.2. Near-to-eye Devices (AR and VR)
11.4.3. Television
11.4.4. Smartphone and Tablet
11.4.5. Monitor and Laptop
11.4.6. Head-up Display
11.4.7. Digital Signage
11.4.8. Automotive Display
11.4.9. Lighting
11.4.10. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro Light Emitting Diode (LED) Market Size and Volume Forecast by Type
11.7.1. Small Sized Panels
11.7.2. Medium Sized Panels
11.7.3. Large Size Panels
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 Light Emitting Diode (LED) Demand Share, 2019-2026
12. Asia Pacific Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Size and Volume Forecast by Application
12.4.1. Smartwatch
12.4.2. Near-to-eye Devices (AR and VR)
12.4.3. Television
12.4.4. Smartphone and Tablet
12.4.5. Monitor and Laptop
12.4.6. Head-up Display
12.4.7. Digital Signage
12.4.8. Automotive Display
12.4.9. Lighting
12.4.10. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro Light Emitting Diode (LED) Market Size and Volume Forecast by Type
12.7.1. Small Sized Panels
12.7.2. Medium Sized Panels
12.7.3. Large Size Panels
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 Light Emitting Diode (LED) Demand Share, 2019-2026
13. Middle East & Africa Micro Light Emitting Diode (LED) 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 Light Emitting Diode (LED) 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 Light Emitting Diode (LED) Market Size and Volume Forecast by Application
13.4.1. Smartwatch
13.4.2. Near-to-eye Devices (AR and VR)
13.4.3. Television
13.4.4. Smartphone and Tablet
13.4.5. Monitor and Laptop
13.4.6. Head-up Display
13.4.7. Digital Signage
13.4.8. Automotive Display
13.4.9. Lighting
13.4.10. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro Light Emitting Diode (LED) Market Size and Volume Forecast by Type
13.7.1. Small Sized Panels
13.7.2. Medium Sized Panels
13.7.3. Large Size Panels
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 Light Emitting Diode (LED) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Micro Light Emitting Diode (LED) Market: Market Share Analysis
14.2. Micro Light Emitting Diode (LED) Distributors and Customers
14.3. Micro Light Emitting Diode (LED) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Innolux Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sony
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Display
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apple
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jbd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lumens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VueReal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Plessey Semiconductors
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AU Optronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lumiode
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ELux
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Rohinni
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Samsung Electronics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ostendo Technologies
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Optovate
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Epistar Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Allos Semiconductors
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strate