Global Micro-LED Market by Product Type (Display and Lighting), by Panel Size (Micro-display, Small and Medium Display, Large Display), by Application (Smartphones, Smartwatches, Digital Signage, Automotive lighting, Monitor and Laptops and Others), by End User (Consumer Electronics, Retail, Advertisement, Automotive, Government and Defense and Others) by Geography – Opportunities and Forecast, 2019-2026

Micro-LED is a technology used in a display that consists of the microscopic light-emitting diode (LED) arranged into an array. Each micro pixel of micro-led emits its light (pixel) to produce the picture and add a different colour. Micro-LED consist of Red, Green, and Blue RGB colours pixel. Micro-LED is also known as mLED or µLED. Micro-LED provides high definition and wavelength, less energy consumption, improve saturation colour, etc. Micro-LED is thinner than OLED due it does not require an encapsulation layer also it provides high contrast ratio and response time.

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Increasing demand for smartwatches, smartphones, digital signage which increases the demand for Micro-LED and rising demand for bright and power-efficient display panels for them are the major drivers for the global Micro-LED market. In addition, the rapid advancements of technology in electronics and LEDs are also responsible for the growth of the global Micro-LED market during the forecast period. Moreover, it increases interest in making LED by electronics companies such as Apple, Samsung, Sony, etc. towards micro-LED also contributing the market growth. For instance, Apple Inc. started production for Micro-LED to transition from OLED. However, availability of alternative product like OLED, lack of awareness of the product and growing adoption towards flexible display are restraining the market growth during the forecast period.

Various notable players in the market includes Sony Corporation, Apple Inc., Philips Lighting N.V., Samsung Electronics Co., Ltd, LG Electronics Co., Ltd, Glo AB, JBD Inc., Aledia, Epistar Corp, X-Celeprint. among others. Major players are focussing on product launch, acquisition, collaboration to expand their global reach and become a market competitive. For instance, in Jun 2018, Samsung Electronics launched micro-LED used display called “The Wall”.

The Global Micro-LED market has been segmented by product type, panel size, application, industry and key geographies. Based on product type, the market comprises of display and lighting. Based on panel size, the market is segmented into micro-display, small and medium size display and Large Display. Based on application, market is segment into smartphone, smartwatches, digital signage, automotive lighting, monitor and laptop and others. On the basis of industry, market is segment into consumer electronics, retail, advertisement, automotive, government and defense and others.

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The research report “Global Micro-LED market” provides in-depth analysis of the global Micro-LED market based on product type, panel size, application, industry and major geographies for the forecast period from 2019 to 2026. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Micro-LED market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:
1- At what pace is global Micro-LED market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Micro-LED market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation
• By Product Type
o Displays
o Lighting

• By Panel Size
o Micro-Display
o Small and Medium Display
o Large Display

• By Application
o Smart Phones
o Smart Watches
o Digital Signage
o Automotive Lighting
o Monitor & Laptop
o Others

• By Industry
o Consumer Electronics
o Retail
o Advertisement
o Automotive
o Government & Defense
o Others

• By Geography
• North America
As a part of customization
o By Product Type
o By Panel Size
o By Application
o By Industry
o US
o Canada
o Mexico

• Europe
As a part of customization
o By Product Type
o By Panel Size
o By Application
o By Industry
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of customization
o By Product Type
o By Panel Size
o By Application
o By Industry
o China
o Australia
o India
o Rest APAC

• ROW
As a part of customization
o By Product Type
o By Panel Size
o By Application
o By Industry
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of LAMEA region)

Leading Market Players
• Sony Corporation
• Apple Inc.
• Philips Lighting N.V.
• Samsung Electronics Co., Ltd
• LG Electronics Co., Ltd
• Glo AB
• JBD Inc.
• Aledia
• Epistar Corp
• X-Celeprint

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