Micro LED Display Market Scope
Micro LED provides various benefits such as improved color saturation and brightness, low power consumption, ultra HD picture quality, among others. MicroLED is also known as mLED, µLED or micro-LED. The micro-led display offers high wavelength uniformity for fine pixel pitch display. Growing demand for brighter & more power-efficient display panels and increasing interest of electronics giants are projected to drive the global micro-LED display market over the forecast period.
The market study is being classified, by Application (Smartphone & Tablet, PC & Laptop, TV, Smartwatch and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Micro LED Display market throughout the predicted period.
Apple Inc. (United States), CoolEdge Lighting, Inc. (Canada), Epistar Corporation (Taiwan), GLO AB (Sweden), Lumens.com, Inc. (United States), Mikro Mesa Technology (Taiwan), Oculus VR (United States), Ostendo Technologies (United States), Samsung Electronics (South Korea) and Sony (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Uiqarta (United States).
AdvanceMarketAnalytics has segmented the market of Global Micro LED Display market by Type, Application and Region.
On the basis of geography, the market of Micro LED Display has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In March 2019, Apple Inc. (United States) Company has announced the development of MicroLED screens in the United States. Hence, this announcement will affect the growth of the market in the future.
- Technology Advancement regarding Micro LED Display
- Increase in Demand for Bright and Power-Efficient Display Panels
- Upsurge in Preference of Electronic Giants towards Micro-LED Display
- Manufacturing of Micro-LEDs on Large Silicon Wafers
- Growing Demand from Emerging Economics such as China, India, among others
- Rising Demand for OLED and Adoption of Folded Displays for Smartphones in Near Future
- Lack of Massive parallel and High Accuracy Pick & Place Technology
- Issue related To Color Conversion and Defect Management & Testing
Key Target AudienceLED supply chain and LED manufacturers, Epi houses, Display panel manufacturers, Brand customers/OEMs/ODMs and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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