Global micro-LED Market

reogma|Global micro-LED Market

The micro-LED display market is in the development phase and lacks well-established distribution channels, making it difficult for the manufacturers to switch from traditional components to technologically advanced components. Furthermore, due to the technology's newness and lack of awareness, there is no patent portfolio. This slows the industry's growth in the short term but gives participants chances in the long run.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Post COVID-19 Recovery
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Micro-LEDs (micro-light-emitting diodes) are a new type of display that uses extremely small LEDs to operate as pixels. To reproduce color, this technique combines red, green, and blue sub-pixels. Despite the fact that micro-LED displays are not yet in mass production, this technology has the potential to become a major display market and to replace incumbent LCD and OLED (organic light-emitting diode) technologies. Micro-LED displays can be found in a wide range of applications, including televisions, smartphones, smartwatches, head-up displays (HUDs), virtual reality (VR), and augmented reality (AR) headsets.

Micro-LEDs are far brighter than OLEDs, giving three to four times the brightness. OLEDs can produce roughly 1000 Nits (cd/m2) of luminance, whereas micro-LEDs can produce hundreds of thousands of Nits for the same amount of electricity. This is the main advantage of micro-LED displays, which makes them ideal for head-up displays (HUDs), virtual reality (VR), and augmented reality (AR) applications in which waveguides are used to place images in front of the eye through a headset or glasses.

Based on the application, the market is categorized into

  • AR/VR headsets,
  • head-up display (HUD),
  • smartphone and tablet,
  • television,
  • smartwatch, digital signage, and monitor and
  • laptop.

Based on industry vertical, the market is segmented into

  • consumer electronics,
  • automotive,
  • retail,
  • government and defense,
  • advertising, and
  • others.

Based on region, the market is segmented into

  • North America,
  • Europe,
  • Asia-Pacific,
  • the Middle East and Africa, and
  • South America.

reogma|Global micro-LED Market


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The micro-LED display market is in the development phase and lacks well-established distribution channels, making it difficult for the manufacturers to switch from traditional components to technologically advanced components. Furthermore, due to the technology's newness and lack of awareness, there is no patent portfolio. This slows the industry's growth in […]
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