Micro-LED Market by Usage (Display, Lighting), Industry Vertical (Aerospace & Defense, Automotive, Consumer Electronics) - Global Forecast 2024-2030

Micro-LED Market by Usage (Display, Lighting), Industry Vertical (Aerospace & Defense, Automotive, Consumer Electronics) - Global Forecast 2024-2030


The Micro-LED Market size was estimated at USD 359.45 million in 2023 and expected to reach USD 534.07 million in 2024, at a CAGR 84.93% to reach USD 26,589.32 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Micro-LED Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Micro-LED Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Micro-LED Market, highlighting leading vendors and their innovative profiles. These include Aledia Incorporated, ALLOS Semiconductors GmbH, Apple Inc., Cooledge Lighting Inc., Epistar Corporation, JBD Inc., Lumens Co., Ltd., Micledi, Nichia Corporation, Oculus by Facebook Technologies, LLC, PlayNitride Inc., Plessey Semiconductors Ltd., PRP Optoelectronics Ltd., Rohinni LLC, and Samsung Electronics Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Micro-LED Market to forecast the revenues and analyze trends in each of the following sub-markets:

Usage

Display
Digital Signage
Head-up Display
Laptop and Monitor
Near-to-Eye (NTE) Device
Smartphone and Tablet
Smartwatch
Television

Lighting
Automotive Lights
Consumer Lights
Industry Vertical

Aerospace & Defense

Automotive

Consumer Electronics

Marketing & Advertising
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Micro-LED Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Micro-LED Market?
3. What are the technology trends and regulatory frameworks in the Micro-LED Market?
4. What is the market share of the leading vendors in the Micro-LED Market?
5. Which modes and strategic moves are suitable for entering the Micro-LED Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Micro-LED Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing sales of smartphones, tablets, laptops, and wearable devices in the recent years
5.1.1.2. Higher luminous efficiency and brightness and shorter response time characteristics attracting consumers
5.1.1.3. Surging demand for 8K ultra-high-definition (UHD) television and large video displays
5.1.2. Restraints
5.1.2.1. High cost associated with micro-LED
5.1.3. Opportunities
5.1.3.1. Need for improving the beneficial features of micro-LED
5.1.3.2. Development of better technologies for maintenance and manufacturing of micro-LEDs
5.1.3.3. Ongoing research in the field of AlInGaN red LED
5.1.4. Challenges
5.1.4.1. Requirement of long duration to individually test each LED and replacement of faulty LED
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Micro-LED Market, by Usage
6.1. Introduction
6.2. Display
6.3.1. Digital Signage
6.3.2. Head-up Display
6.3.3. Laptop and Monitor
6.3.4. Near-to-Eye (NTE) Device
6.3.5. Smartphone and Tablet
6.3.6. Smartwatch
6.3.7. Television
6.3. Lighting
6.4.1. Automotive Lights
6.4.2. Consumer Lights
7. Micro-LED Market, by Industry Vertical
7.1. Introduction
7.2. Aerospace & Defense
7.3. Automotive
7.4. Consumer Electronics
7.5. Marketing & Advertising
8. Americas Micro-LED Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Micro-LED Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Micro-LED Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Aledia Incorporated
12.1.2. ALLOS Semiconductors GmbH
12.1.3. Apple Inc.
12.1.4. Cooledge Lighting Inc.
12.1.5. Epistar Corporation
12.1.6. JBD Inc.
12.1.7. Lumens Co., Ltd.
12.1.8. Micledi
12.1.9. Nichia Corporation
12.1.10. Oculus by Facebook Technologies, LLC
12.1.11. PlayNitride Inc.
12.1.12. Plessey Semiconductors Ltd.
12.1.13. PRP Optoelectronics Ltd.
12.1.14. Rohinni LLC
12.1.15. Samsung Electronics Co., Ltd.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. MICRO-LED MARKET RESEARCH PROCESS
FIGURE 2. MICRO-LED MARKET SIZE, 2023 VS 2030
FIGURE 3. MICRO-LED MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MICRO-LED MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MICRO-LED MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MICRO-LED MARKET DYNAMICS
FIGURE 7. MICRO-LED MARKET SIZE, BY USAGE, 2023 VS 2030 (%)
FIGURE 8. MICRO-LED MARKET SIZE, BY USAGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MICRO-LED MARKET SIZE, BY INDUSTRY VERTICAL, 2023 VS 2030 (%)
FIGURE 10. MICRO-LED MARKET SIZE, BY INDUSTRY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS MICRO-LED MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS MICRO-LED MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES MICRO-LED MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES MICRO-LED MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC MICRO-LED MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC MICRO-LED MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA MICRO-LED MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA MICRO-LED MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. MICRO-LED MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. MICRO-LED MARKET SHARE, BY KEY PLAYER, 2023

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