Global $6 Mn Mini and Micro LED Market Outlook and Forecasts 2019-2024 -

DUBLIN--()--The "Mini and Micro LED Market - Global Outlook and Forecast 2019-2024" report has been added to's offering.

The mini and micro LED market is expected to reach around $6 million by 2024, growing at a CAGR of around 147% during the forecast period.

The global mini and micro LED market is driven by the rising demand for advanced displays and innovative lighting control systems. The increasing number of digital initiatives in the LED market will contribute to the growth of the global mini and micro LED market. The market research report provides in-depth market analysis and segmental analysis of the global market by screen size, end-user type, and geography.

Mini and micro LED displays have become the most significant display technology to be adopted in next-generation electronic products. Displays and lightings are the major application segments of mini and micro LEDs. They are gaining traction among customers as well as corporate clients due to their long operational life, high brightness and contrast features, and a high degree of energy efficiency.

The mini and micro LED market is projected to dominate display, automotive, and backlight panel industries during the forecast period. The major application of mini and micro LEDs will be in large-scale displays and signages, monitors, televisions, smartphone screens, screen backlights, and automotive lightings. The mini and micro LED market in US, Southeast Asia, and the UAE is expected to witness high dynamism during the forecast period. Further, manufacturers are implementing new fabrication technology to produce LED chips in the economical price range, thereby enabling their usage in commercial applications and daily products.

The study considers the present scenario of the global mini and micro LED market and its market dynamics for the period 2019-2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the market. The study profiles and analyzes leading and prominent companies and vendors operating in the market.

Key Vendor Analysis

The global mini and micro LED market is highly concentrated, and key players are the major contributors to the market competition. Vendors in the market are competing in terms of sales, revenues, and innovations. Leading companies are offering competitive pricing and integrated services to sustain the competition in the market. Several vendors are entering into multi-year arrangements with manufacturers that offer services that include supply of displays, supply analytics, semiconductors to increase market share. Global players are likely to grow inorganically by acquiring regional or local players in the future. The market landscape has already witnessed several joint ventures and acquisition by smartphones manufacturing giants such as Apple and Samsung in order to develop mass transfer technologies and use new devices in their product portfolio,

Leading Vendors in Mini and Micro LED Market

  • Epistar
  • Lextar
  • Innolux
  • Apple
  • Samsung
  • Sony
  • LG

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of the study

4.4 Market Segments

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at A Glance

7 Introduction

7.1 Overview

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 Rising Demand for Innovative Displays

8.1.2 Rising Demand for Use in Automotive Lighting

8.1.3 Rising Interest and Investments from Tech and Electronic Giants

8.1.4 Increasing Demand from Consumer Segments

8.2 Market Growth Restraints

8.2.1 Volatile Trade Relations in International Markets

8.2.2 Strong Competition from Existing Products

8.2.3 High Fabrication Costs Restraining Competitive Pricing

8.3 Market Opportunities & Trends

8.3.1 Innovations in Lighting Control Systems

8.3.2 Rising Demand for EVs to Fuel Micro & Mini LED Adoption

8.3.3 Rising Demand for Energy Efficiency Across Segments

9 Value Chain Analysis

9.1 Value Chain Overview

10 Global Mini & Micro Led Market Landscape

10.1 Market Size & Forecast

10.2 Global Economic Improvement to Aid Market Growth

10.3 Five Forces Analysis

11 By Product Type

11.1 Market snapshot & Growth Engine

11.2 Market Overview

11.3 Micro LEDs

11.4 Mini LEDs

12 By Application Type

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Displays

12.4 Lighting

13 By End-Users

13.1 Market snapshot & Growth Engine

13.2 Market Overview

13.3 Consumer Electronics

13.4 Automotive

13.5 Others

14 By Geography

14.1 Market Snapshot & Growth Engine

14.2 Overview

15 North America

16 Europe


18 Middle East And Africa

19 Latin America

19.5 Key Countries

19.5.1 Brazil: Market Size & Forecast

20 Competitive Landscape

20.1 Competition Overview

21 Market Vendor Analysis

22 Key Company Profiles

22.1 Epistar

22.2 Lextar

22.3 Innolux

22.4 Apple

22.5 Samsung

22.6 Sony

22.7 LG

23 Other Prominent Vendors

23.1 AU Optronics

23.2 Osram

23.3 Plessey

23.4 Nichia

23.5 PlayNitride

23.6 Everlight Electronics

23.7 Epileds Technologies

23.8 Rohinni

23.9 SemiLEDS Corporation

23.10 Elux

23.11 Glo

23.12 Xiamen Changelight

23.13 Optovate

23.14 Jbd (Jade Bird Display)

23.15 Lumens

23.16 Vuereal

23.17 Lumiode

23.18 Mikro Mesa

For more information about this report visit

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: LED (Light Emitting Diodes)

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: LED (Light Emitting Diodes)