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Global Micro Light-Emitting Diode (LED) Market: By Type: Display, Lighting; By Application: Smartphone and Tablet, PC and Laptop, TV, Smartwatch, Others; By Sector: Commercial, Residential, Industrial; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Micro Light-Emitting Diode (LED) Market Outlook

The global micro light-emitting diode (LED) market attained a value of about USD 872 million in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of nearly 85% to reach a value of approximately USD 34,987.5 million by 2026.

 

The market is being driven by the rising demand for smartwatches and smartphones. The Asia Pacific region is dominating the global market.

 

Global Micro Light Emitting Diode Market

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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.

 

Global Micro Light-Emitting Diode (LED) Market By Type

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The types of micro light-emitting diode (LED) can be divided into:

  • Display
  • Lighting

The display can be further categorised based on its applications into:

  • Smartphone and Tablet
  • PC and laptop
  • TV
  • Smartwatch
  • Others

The sectors can be divided into the following:

  • Commercial
  • Residential
  • Industrial

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.

 

Global Micro Light-Emitting Diode (LED) Market By Region

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Market Analysis

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.

 

Competitive Landscape

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:

  • LG Electronics Inc. 
  • PlayNitride Inc.
  • Plessey Semiconductors Ltd.
  • Samsung Electronics Co. Ltd. 
  • VueReal Inc.
  • Sony Corporation (NYSE: SNE)
  • Tianma Microelectronics Co. Ltd.
  • Others

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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Sector, Region
Breakup by Type Display, Lighting
Breakup by Application Smartphone and Tablet, PC and Laptop, TV, Smartwatch, Others
Breakup by Sector Commercial, Residential, Industrial
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered LG Electronics Inc. (KRX: 066570), PlayNitride Inc., Plessey Semiconductors Ltd.,
Samsung Electronics Co. Ltd. (KRX: 005930), VueReal Inc., Sony Corporation (TYO: 6758),
Tianma Microelectronics Co. Ltd. (SHE: 000050), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Key Questions Answered in the Market Report

  • How has the global micro light-emitting diode (LED) market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the market for 2021-2026?
  • What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major price indicators of the global market?
  • What are the major demand indicators of the global micro light-emitting diode (LED) industry?
  • What are the price trends in the global market?
  • Who are the key manufacturers in the global micro light-emitting diode (LED) market?
  • What is the degree of competition in the global market?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Micro Light-Emitting Diode (LED) Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Micro Light-Emitting Diode (LED) Historical Market (2016-2020) 
    8.3    Global Micro Light-Emitting Diode (LED) Market Forecast (2021-2026)
    8.4    Global Micro Light-Emitting Diode (LED) Market by Type
        8.4.1    Display
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Lighting
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Micro Light-Emitting Diode (LED) Market by Application
        8.5.1    Smartphone and Tablet
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    PC and Laptop
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    TV
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Smartwatch
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Micro Light-Emitting Diode (LED) Market by Sector
        8.6.1    Commercial
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Residential
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
    8.7    Global Micro Light-Emitting Diode (LED) Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape  

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    LG Electronics Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Playnitride Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3     Plessey Semiconductors Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Samsung Electronics Co., Ltd.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    VueReal Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Sony Corporation
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Micro Light-Emitting Diode (LED) Market: Key Industry Highlights, 2016 and 2026
2.    Global Micro Light-Emitting Diode (LED) Historical Market: Breakup by Type (USD Million), 2016-2020
3.    Global Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Type (USD Million), 2021-2026
4.    Global Micro Light-Emitting Diode (LED) Historical Market: Breakup by Application (USD Million), 2016-2020
5.    Global Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Application (USD Million), 2021-2026
6.    Global Micro Light-Emitting Diode (LED) Historical Market: Breakup by Sector (USD Million), 2016-2020
7.    Global Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Sector (USD Million), 2021-2026
8.    Global Micro Light-Emitting Diode (LED) Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Micro Light-Emitting Diode (LED) Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Micro Light-Emitting Diode (LED) Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Micro Light-Emitting Diode (LED) Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Micro Light-Emitting Diode (LED) Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Micro Light-Emitting Diode (LED) Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Micro Light-Emitting Diode (LED) Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Global Micro Light-Emitting Diode (LED) Market Structure

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