Micro-LED Market

Micro-LED, also known as microLED, mLED or ?LED, is an emerging flat panel display technology. Micro-LED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, Micro-LED displays offer better contrast, response times, and energy efficiency.

Along with OLEDs, Micro-LED are primarily aimed at small, low-energy devices such as smartwatches and smartphones. OLED and Micro-LED both offer greatly reduced energy requirements compared to conventional LCD systems. Unlike OLED, Micro-LED is based on conventional GaN LED technology, which offers far higher total brightness than OLED produces, as much as 30 times, as well as higher efficiency in terms of lux/W.

Micro-LED Market contains market size and forecasts of Micro-LED in global, including the following market information:

Global Micro-LED Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Micro-LED Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Micro-LED companies in 2021 (%)

The global Micro-LED market was valued at 977.5 million in 2021 and is projected to reach US$ 8656.1 million by 2028, at a CAGR of 36.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Small Sized Panels Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Micro-LED include Samsung Electronics, Apple, Sony, Jbd, Lumens, LG Display, Innolux Corporation, VueReal and Plessey Semiconductors, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Micro-LED manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Micro-LED Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro-LED Market Segment Percentages, by Type, 2021 (%)

Small Sized Panels

Medium Sized Panels

Large Size Panels

Global Micro-LED Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro-LED Market Segment Percentages, by Application, 2021 (%)

Cellphone

Wearable Watch Device

AR/VR

TV

Others (Automotive Display, etc.)

Global Micro-LED Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro-LED Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Micro-LED revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Micro-LED revenues share in global market, 2021 (%)

Key companies Micro-LED sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Micro-LED sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Samsung Electronics

Apple

Sony

Jbd

Lumens

LG Display

Innolux Corporation

VueReal

Plessey Semiconductors

AU Optronics

Lumiode

eLux, Inc.