Micro-LED Display Market Regions, Type and Application, Forecast to 2027

Posted by sneha patil on November 19th, 2021

Overview

As per the assessment by Market Research Future Reports (MRFR), the global micro-LED display market is estimated to value USD 2,782.5 million and grow at a CAGR of 82.7% during the assessment period. The rising demand for efficient display panels is the major factor driving the global micro-LED display market. According to analysts, companies focusing on cost effective & high-quality display components as well as emerging technologies will drive the market growth during the forecast period. The micro-LED display market research report offers a comprehensive analysis of the global micro-LED display market and its panel size, region, vertical, and application segments. The need for improving micro-led production along with mass transfer processes are the elements that could influence the micro-LED display market advancement throughout the forecast period. The Mcro-LED Display Market research report by expert analysts is developed to assist organizations in the micro-LED display market.

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Market Segmentation

The global micro-LED display market has been segmented based on panel size, region, vertical, and application. On the basis of panel size, the market for micro-LED display is segmented based on large panel, small and medium-sized panel, and microdisplay. Additionally, the market on the basis of vertical, is segmented into aerospace & defense, automotive, entertainment & advertisement, consumer electronics, and others. The global market for micro-LED display is also covered based on the application segment which is further split into digital signage, head-up display, laptop, monitor, NTE devices, smartphone and tablet, television, and smartwatch.

Major elements such as low yield could obstruct the micro-LED display market growth. However, according to the micro-LED display market research report, growing preference of consumers towards micro-LED display along with high-end products entering the market will propel growth throughout the forecast period. The micro-LED display market is set to register growth at a high CAGR owing to these key factors. The exploration of panel size, region, vertical, and application segments along with regional markets has been given in the global micro-LED display market research report. The research analysts studying the micro-LED display market have put out market forecasts in the micro-LED display market research report in order to support micro-LED display market-based companies. The micro-LED display market research report provides an extensive understanding of the micro-LED display market based on the information and forecasts till 2023.

Key Players

The competitors of the global Micro-LED Display market are Oculus VR (InfiniLED) (US), Apple Inc. (LuxVue) (US), LG Electronics Inc. (South Korea) Sony, Samsung (South Korea), Corporation (Japan), Epistar Corporation (Taiwan), X-Celeprint (Ireland), VerLASE Technologies (US), GLO AB (Sweden), JBD (China), and Aledia (France), among a few more.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for micro-LED display are predominantly covered in the global micro-LED display market research report. Country-level micro-LED display markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level micro-LED display markets are covered in the report. In Asia-Pacific (APAC) region, the country-level micro-LED display markets covered are Japan, India, China, and others. The micro-LED display market research report also explores the regional market for micro-LED display present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The micro-LED display market research report also covers regional markets from the rest of the world alongside micro-LED display markets of Africa and the Middle East.

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