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MicroLED-Global Market Insights and Sales Trends 2024
Synopsis
Micro-LED, also known as microLED, mLED or µLED, is an emerging flat panel display technology. Micro-LED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, Micro-LED displays offer better contrast, response times, and energy efficiency.
Along with OLEDs, Micro-LED are primarily aimed at small, low-energy devices such as smartwatches and smartphones. OLED and Micro-LED both offer greatly reduced energy requirements compared to conventional LCD systems. Unlike OLED, Micro-LED is based on conventional GaN LED technology, which offers far higher total brightness than OLED produces, as much as 30 times, as well as higher efficiency in terms of lux/W.
The global MicroLED market size is expected to reach US$ 1214.8 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of MicroLED in various end use industries. The expanding demands from the Cellphone, Wearable Watch Device, AR/VR and TV, are propelling MicroLED market. Small Sized Panels, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Medium Sized Panels segment is estimated at % CAGR for the next seven-year period.
Japan is the largest Micro-LED market with about 39% market share. North America is follower, accounting for about 3% market share.
The key players are Samsung Electronics, Apple, Sony, Jbd, Lumens, LG Display, Innolux Corporation, VueReal, Plessey Semiconductors, AU Optronics, Lumiode, eLux, Inc. etc. Top 3 companies occupied about 96% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MicroLED, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MicroLED market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MicroLED market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MicroLED sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MicroLED covered in this report include Samsung Electronics, Apple, Sony, Jbd and Lumens, etc.
The global MicroLED market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Samsung Electronics
Apple
Sony
Jbd
Lumens
Global MicroLED market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MicroLED market, Segment by Type:
Small Sized Panels
Medium Sized Panels
Large Size Panels
Global MicroLED market, by Application
Cellphone
Wearable Watch Device
AR/VR
TV
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MicroLED manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MicroLED in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Micro-LED, also known as microLED, mLED or µLED, is an emerging flat panel display technology. Micro-LED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, Micro-LED displays offer better contrast, response times, and energy efficiency.
Along with OLEDs, Micro-LED are primarily aimed at small, low-energy devices such as smartwatches and smartphones. OLED and Micro-LED both offer greatly reduced energy requirements compared to conventional LCD systems. Unlike OLED, Micro-LED is based on conventional GaN LED technology, which offers far higher total brightness than OLED produces, as much as 30 times, as well as higher efficiency in terms of lux/W.
The global MicroLED market size is expected to reach US$ 1214.8 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of MicroLED in various end use industries. The expanding demands from the Cellphone, Wearable Watch Device, AR/VR and TV, are propelling MicroLED market. Small Sized Panels, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Medium Sized Panels segment is estimated at % CAGR for the next seven-year period.
Japan is the largest Micro-LED market with about 39% market share. North America is follower, accounting for about 3% market share.
The key players are Samsung Electronics, Apple, Sony, Jbd, Lumens, LG Display, Innolux Corporation, VueReal, Plessey Semiconductors, AU Optronics, Lumiode, eLux, Inc. etc. Top 3 companies occupied about 96% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MicroLED, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MicroLED market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MicroLED market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MicroLED sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MicroLED covered in this report include Samsung Electronics, Apple, Sony, Jbd and Lumens, etc.
The global MicroLED market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Samsung Electronics
Apple
Sony
Jbd
Lumens
Global MicroLED market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MicroLED market, Segment by Type:
Small Sized Panels
Medium Sized Panels
Large Size Panels
Global MicroLED market, by Application
Cellphone
Wearable Watch Device
AR/VR
TV
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MicroLED manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MicroLED in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 MicroLED Market Overview
1.1 MicroLED Product Overview
1.2 MicroLED Market Segment by Type
1.2.1 Small Sized Panels
1.2.2 Medium Sized Panels
1.2.3 Large Size Panels
1.3 Global MicroLED Market Size by Type
1.3.1 Global MicroLED Market Size Overview by Type (2018-2029)
1.3.2 Global MicroLED Historic Market Size Review by Type (2018-2023)
1.3.3 Global MicroLED Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America MicroLED Sales Breakdown by Type (2018-2023)
1.4.2 Europe MicroLED Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific MicroLED Sales Breakdown by Type (2018-2023)
1.4.4 Latin America MicroLED Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa MicroLED Sales Breakdown by Type (2018-2023)
2 Global MicroLED Market Competition by Company
2.1 Global Top Players by MicroLED Sales (2018-2023)
2.2 Global Top Players by MicroLED Revenue (2018-2023)
2.3 Global Top Players by MicroLED Price (2018-2023)
2.4 Global Top Manufacturers MicroLED Manufacturing Base Distribution, Sales Area, Product Type
2.5 MicroLED Market Competitive Situation and Trends
2.5.1 MicroLED Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by MicroLED Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in MicroLED as of 2022)
2.7 Date of Key Manufacturers Enter into MicroLED Market
2.8 Key Manufacturers MicroLED Product Offered
2.9 Mergers & Acquisitions, Expansion
3 MicroLED Status and Outlook by Region
3.1 Global MicroLED Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global MicroLED Historic Market Size by Region
3.2.1 Global MicroLED Sales in Volume by Region (2018-2023)
3.2.2 Global MicroLED Sales in Value by Region (2018-2023)
3.2.3 Global MicroLED Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global MicroLED Forecasted Market Size by Region
3.3.1 Global MicroLED Sales in Volume by Region (2024-2029)
3.3.2 Global MicroLED Sales in Value by Region (2024-2029)
3.3.3 Global MicroLED Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global MicroLED by Application
4.1 MicroLED Market Segment by Application
4.1.1 Cellphone
4.1.2 Wearable Watch Device
4.1.3 AR/VR
4.1.4 TV
4.1.5 Others
4.2 Global MicroLED Market Size by Application
4.2.1 Global MicroLED Market Size Overview by Application (2018-2029)
4.2.2 Global MicroLED Historic Market Size Review by Application (2018-2023)
4.2.3 Global MicroLED Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America MicroLED Sales Breakdown by Application (2018-2023)
4.3.2 Europe MicroLED Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific MicroLED Sales Breakdown by Application (2018-2023)
4.3.4 Latin America MicroLED Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa MicroLED Sales Breakdown by Application (2018-2023)
5 North America MicroLED by Country
5.1 North America MicroLED Historic Market Size by Country
5.1.1 North America MicroLED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America MicroLED Sales in Volume by Country (2018-2023)
5.1.3 North America MicroLED Sales in Value by Country (2018-2023)
5.2 North America MicroLED Forecasted Market Size by Country
5.2.1 North America MicroLED Sales in Volume by Country (2024-2029)
5.2.2 North America MicroLED Sales in Value by Country (2024-2029)
6 Europe MicroLED by Country
6.1 Europe MicroLED Historic Market Size by Country
6.1.1 Europe MicroLED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe MicroLED Sales in Volume by Country (2018-2023)
6.1.3 Europe MicroLED Sales in Value by Country (2018-2023)
6.2 Europe MicroLED Forecasted Market Size by Country
6.2.1 Europe MicroLED Sales in Volume by Country (2024-2029)
6.2.2 Europe MicroLED Sales in Value by Country (2024-2029)
7 Asia-Pacific MicroLED by Region
7.1 Asia-Pacific MicroLED Historic Market Size by Region
7.1.1 Asia-Pacific MicroLED Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific MicroLED Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific MicroLED Sales in Value by Region (2018-2023)
7.2 Asia-Pacific MicroLED Forecasted Market Size by Region
7.2.1 Asia-Pacific MicroLED Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific MicroLED Sales in Value by Region (2024-2029)
8 Latin America MicroLED by Country
8.1 Latin America MicroLED Historic Market Size by Country
8.1.1 Latin America MicroLED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America MicroLED Sales in Volume by Country (2018-2023)
8.1.3 Latin America MicroLED Sales in Value by Country (2018-2023)
8.2 Latin America MicroLED Forecasted Market Size by Country
8.2.1 Latin America MicroLED Sales in Volume by Country (2024-2029)
8.2.2 Latin America MicroLED Sales in Value by Country (2024-2029)
9 Middle East and Africa MicroLED by Country
9.1 Middle East and Africa MicroLED Historic Market Size by Country
9.1.1 Middle East and Africa MicroLED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa MicroLED Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa MicroLED Sales in Value by Country (2018-2023)
9.2 Middle East and Africa MicroLED Forecasted Market Size by Country
9.2.1 Middle East and Africa MicroLED Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa MicroLED Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Samsung Electronics
10.1.1 Samsung Electronics Company Information
10.1.2 Samsung Electronics Introduction and Business Overview
10.1.3 Samsung Electronics MicroLED Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Samsung Electronics MicroLED Products Offered
10.1.5 Samsung Electronics Recent Development
10.2 Apple
10.2.1 Apple Company Information
10.2.2 Apple Introduction and Business Overview
10.2.3 Apple MicroLED Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Apple MicroLED Products Offered
10.2.5 Apple Recent Development
10.3 Sony
10.3.1 Sony Company Information
10.3.2 Sony Introduction and Business Overview
10.3.3 Sony MicroLED Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sony MicroLED Products Offered
10.3.5 Sony Recent Development
10.4 Jbd
10.4.1 Jbd Company Information
10.4.2 Jbd Introduction and Business Overview
10.4.3 Jbd MicroLED Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Jbd MicroLED Products Offered
10.4.5 Jbd Recent Development
10.5 Lumens
10.5.1 Lumens Company Information
10.5.2 Lumens Introduction and Business Overview
10.5.3 Lumens MicroLED Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Lumens MicroLED Products Offered
10.5.5 Lumens Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 MicroLED Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 MicroLED Industrial Chain Analysis
11.4 MicroLED Market Dynamics
11.4.1 MicroLED Industry Trends
11.4.2 MicroLED Market Drivers
11.4.3 MicroLED Market Challenges
11.4.4 MicroLED Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 MicroLED Distributors
12.3 MicroLED Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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