The global micro light-emitting diode (LED) market attained a value of about USD 872 million in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of nearly 85% to reach a value of approximately USD 34,987.5 million by 2025. The market is being driven by the rising demand for smartwatches and smartphones. The Asia Pacific region is dominating the global market.
Properties and Applications
A micro light-emitting diode (LED) refers to a technology that is used in displays of microscopic light-emitting various colour diodes organised into a set. These LEDs are also referred to as micro-LED, mLED, or μLED. A micro light-emitting diode (LED) is a technology of emissive display where the photographic components, also called pixels, are the light source. It means that emissive display systems do not need a separate backlight plate so that the displays are thinner than LCDs.
The types of micro light-emitting diode (LED) can be divided into:
The display can be further categorised based on its applications into:
The sectors can be divided into the following:
The EMR report looks into the regional markets of micro light-emitting diode (LED) like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The introduction of micro LEDs into TVs is a major factor driving the development of the global micro light-emitting diode (LED). Various TV companies have begun to develop micro LED TV prototypes that offer increased brightness as well as an incredibly wide range of HDR colours. Such LEDs are supposed to last longer than OLED panels because no natural deterioration is involved. The adoption of micro LEDs for TVs is expected to increase these benefits.
The report presents a detailed analysis of the following key players in the global micro light-emitting diode (LED) market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Micro Light-Emitting Diode (LED) Market Analysis
6.1 Global Micro Light-Emitting Diode (LED) Market (2015-2019) & Forecast (2020-2025)
6.2 Global Micro Light-Emitting Diode (LED) Market Breakup by Type
6.3 Global Micro Light-Emitting Diode (LED) Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.4 Global Micro Light-Emitting Diode (LED) Display Market Breakup by Application
6.4.1 Smartphone and Tablet
6.4.2 PC and Laptop
6.5 Global Micro Light-Emitting Diode (LED) Display Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Smartphone and Tablet
6.5.2 PC and Laptop
6.6 Global Micro Light-Emitting Diode (LED) Market Breakup by Sector
6.7 Global Micro Light-Emitting Diode (LED) Market Breakup by Sector: Historical Market (2015-2019) & Forecast (2020-2025)
6.8 Global Micro Light-Emitting Diode (LED) Market Breakup by Region
6.8.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.8.3 Asia Pacific
6.8.4 Latin America
6.8.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
6.9 Global Micro Light-Emitting Diode (LED) Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.9.3 Asia Pacific
6.9.4 Latin America
6.9.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Regional Price Analysis
9.1 North America Micro Light-Emitting Diode (LED) Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.2 Europe Micro Light-Emitting Diode (LED) Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.3 Asia Pacific Micro Light-Emitting Diode (LED) Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.4 Latin America Micro Light-Emitting Diode (LED) Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.5 Middle East & Africa Micro Light-Emitting Diode (LED) Historical Price Trends (2015-2019) & Forecast (2020-2025)
10 Competitive Landscape & Supplier Analysis
10.1 LG Electronics Inc. (KRX: 066570)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 PlayNitride Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Plessey Semiconductors Ltd.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 Samsung Electronics Co. Ltd. (KRX: 005930)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 VueReal Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.6 Sony Corporation (TYO: 6758)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.7 Tianma Microelectronics Co. Ltd. (SHE: 000050)
10.7.1 Company Overview
10.7.2 Financial Analysis
11 Events and Developments
Additional Customization Available:
12 Feedstock Analysis
13 Procurement Strategy
13.1 Value Chain Analysis
13.2 Contract Terms
13.3 Buying and Sourcing Trends
13.4 Storage and Warehousing
13.5 Certifications and Regulations
13.6 Risk Factors
14 Trade Data Analysis
14.1 Major Exporting Countries: By Value and Volume
14.2 Major Importing Countries: By Value and Volume
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Cost Analysis and Project Economics
16.1 Land, Location and Site Development
16.3 Plant Machinery
16.4 Cost of Raw Material
16.9 Other Capital Investment
17 Production Cost Analysis
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