Global Micro-LED (Light Emitting Diode) Market is accounted for $409.00 million in 2020 and is expected to reach $61,947.74 million by 2028 growing at a CAGR of 87.3% during the forecast period. The growing interest of electronics giants and increasing demand for brighter and more power-efficient display panels are driving the market growth.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the presence of display panel manufacturers, leading light-emitting diode foundries, and customers in the region. Recent technological advancements in micro-LED have led to an increased interest in leading APAC-based display panel manufacturers, such as Samsung, LG Display, AU Optronics, and BOE Technology.
Some of the key players profiled in the Micro-LED include ALLOS Semiconductors GmbH, Apple Inc, Cooledge Lighting Inc., Epistar Corporation, JBD Inc, Mikro Mesa Technology Co., Ltd, PlayNitride Inc, Plessey Semiconductors Ltd, PRP Optoelectronics, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Corp., VerLASE Technologies LLC, Visionox, and X-Celeprint Ltd.
Types Covered in Micro-LED (Light-Emitting Diode) Market
• RGB (Red, Blue, Green ) Micro LED (Light-Emitting Diode)
• Blue Micro LED (Light-Emitting Diode)
• UV (Ultraviolet) Micro LED (Light-Emitting Diode)
Products Covered:
• Large Sized Display
• Microdisplay
• Small and Medium-Sized Display
Resolution and Brightness’s Covered:
• Brightness
• Resolution
Sectors Covered:
• Commercial
• Industrial
• Residential
Panel Sizes Covered:
• Below 2 inch
• 2-12 inch
• 12-55 inch
• 55-100 inch
• Above 100 inch
Applications Covered:
• Micro-LED (Light-Emitting Diode) Display
• Micro-LED (Light-Emitting Diode) Lighting System
End Users Covered:
• Advertising (Digital Signage)
• Aerospace & Defense
• Architecture & Construction
• Automotive
• Consumer Electronics
• Education
• Energy & Power
• Entertainment & Sports
• Residential
• Retail & Banking, Financial Services and Insurance (BFSI)
• Government
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