Global Micro-LED Chips Market Growth 2024-2030

Global Micro-LED Chips Market Growth 2024-2030

The global Micro-LED Chips market size is projected to grow from US$ 291.5 million in 2023 to US$ 398.4 million in 2030; it is expected to grow at a CAGR of 4.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Micro-LED Chips Industry Forecast” looks at past sales and reviews total world Micro-LED Chips sales in 2023, providing a comprehensive analysis by region and market sector of projected Micro-LED Chips sales for 2024 through 2030. With Micro-LED Chips sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro-LED Chips industry.

This Insight Report provides a comprehensive analysis of the global Micro-LED Chips landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro-LED Chips portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Micro-LED Chips market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro-LED Chips and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro-LED Chips.

Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

This report presents a comprehensive overview, market shares, and growth opportunities of Micro-LED Chips market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Lateral Chip LED
Vertical Chip LED
Flip Chip LED

Segmentation by application
Cellphone
Wearable Watch Device
AR/VR
TV
Others (Automotive Display, etc.)

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Apple
AU Optronics
Epistar
Kubos Semiconductors
Lextar
LG Display
Lumens
Oculus
Pixel Display
Plessey Semiconductor
PRP Optoelectronics
Sony
Tech-LED
Samsung Electronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Micro-LED Chips market?

What factors are driving Micro-LED Chips market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Micro-LED Chips market opportunities vary by end market size?

How does Micro-LED Chips break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.