DUBLIN--(BUSINESS WIRE)--The "Micro-LED
Market by Application (Display (Smartwatch, NTE Devices (AR, VR),
Smartphone, Television, HUD, Digital Signage, Laptop & Monitor) and
Lighting (General, Automotive)), Display Panel Size, Vertical, and
Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's
offering.
The micro-LED market is estimated to grow from USD 0.60 billion in 2019 to USD 20.50 billion by 2025, at a CAGR of 80.1% between 2019 and 2025
Increasing demand for brighter and more power-efficient display panels
for smartwatches, mobile devices, and NTE (AR/VR) devices is a major
factor for the growth of the market. The rising interest of electronic
giantsApple, Samsung, and Sonyand interest shown by input/component
suppliers in the supply chain also contribute to the market growth.
Rising demand for OLED displays and the lack of established supply chain
for micro-LED, along with distributed patent portfolios, are the major
restraints for the growth of the micro-LED market.
Considering
the current manufacturing capabilities, prototype development, and the
involvement of leading players, micro-LED-based smartwatches and NTE
devices may enter the commercial phase in 2019. The micro-LED market for
NTE devices is expected to grow at the highest CAGR between 2019 and
2025.
The luminosity (brightness) and resolution of micro-LED technology would
be the key driving force for the adoption of the technology in NTE
devices. AR devices require high resolution and brightness to match the
real-world visibility. The fast response time of micro-LED displays is
also suited for AR applications. Micro-LED display-based VR solutions
can be implemented for diverse end uses, such as entertainment, gaming,
training, and research.
APAC is expected to dominate the
micro-LED display market during the forecast period with the presence of
leading brand product manufacturers, LED foundries, and display panel
manufacturers in the region.
Samsung, LG, Sony, Sharp, Panasonic, and several others will account for
major demand for micro-LED display panels by 2025.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive
Summary
4 Premium Insights
5 Market Overview
6
Industry Trends
7 Micro-LED Market, By Application
8
Micro-LED Display Market, By Panel Size
9 Micro-LED Display
Market, By Vertical
10 Micro-LED Market, By Geography
11
Competitive Landscape
12 Company Profiles
Key Players
- Apple (Luxvue)
- Sony
- X-Celeprint
- Samsung Electronics
- Oculus VR (Infiniled)
- Epistar
- Glo AB
- Verlase Technologies
- JBD Inc.
- Aledia
Key Innovators
- Mikro Mesa Technology
- Vuereal
- Uniqarta
- Allos Semiconductors
- Plessey Semiconductors
- Playnitride
- Ostendo Technologies
Other Important Players
- Lumens
- Lumiode
- Rohinni
- Cooledge
- Nichia
Research Institutes and Labs
- Industrial Technology Research Institute (ITRI) (EOSRL)
- Changchun Institute
- III-V Lab
- CEA-Leti
- Hong Kong University of Science and Technology
- Fraunhofer-Gesellschaft
Input Suppliers
- Jasper Display
- Crystalwise Technology
- Unimicron
- Luminit
- Macroblock
- Himax
- Players Expected to Enter This Market
- Foxconn (Sharp/Elux/Innolux)
- BOE Technology
- AU Optronics
- LG Display
For more information about this report visit https://www.researchandmarkets.com/research/kxgtzg/20_billion?w=4
