Market Research Report
MicroLED and MiniLED Displays: Global Markets
|MicroLED and MiniLED Displays: Global Markets|
Published: October 4, 2021
Content info: 165 Pages
Delivery time: 1-2 business days
The global market for mini-LED and micro-LED products should grow from $705 million in 2021 to $11.5 billion by 2026, at compound annual growth rate (CAGR) of 74.8% for the period of 2021-2026.
The Optoelectronics market for mini-LED and micro-LED products should grow from $684 million in 2021 to $10.9 billion by 2026, at a CAGR of 75.8% for the period of 2021-2026.
The Automotive market for mini-LED and micro-LED products should grow from $37 million in 2021 to $498 million by 2026, at a CAGR of 68.2% for the period of 2021-2026.
This report provides an updated review of mini/micro-LEDs, including materials, fabrication processes, and properties, and identifies current and emerging applications for these devices.
BCC Research delineates the current market status for ultra-small LEDs, defines trends and presents growth forecasts for the next five years. The mini/micro-LED market is analyzed based on the following segments: category, product type, application and region. In addition, technological issues, including key events and the latest developments, are discussed.
More specifically, the market analysis conducted by BCC Research for this report is divided into five sections.
In the first section, an introduction to the topic and a historical review of ultra-small LED technologies are provided, including an outline of recent events. In this section, current and emerging applications for mini/micro-LEDs are also identified and grouped in segments (i.e., optoelectronics, healthcare, automotive, and others).
The second section provides a technological review of ultra-small LEDs. This section offers a comparison with alternative technologies and a detailed description of materials and fabrication processes used to produce these devices. This section concludes with an analysis of the most important technological developments since 2018, including examples of significant patents recently issued or applied for. The chapter ends with a highlight of the most active research organizations operating in this field and their activities.
The third section entails a global market analysis for ultra-small LEDs. Global revenues (sales data in millions of dollars) are presented for each segment (i.e., category, product type, application, region), with actual data referring to the years 2019 and 2020, and estimates for 2021. Revenues are at the manufacturing level.
The analysis of current revenues for ultra-small LED products is followed by a detailed presentation of market growth trends based on industry growth, technological trends and regional trends. The third section concludes by providing projected revenues for ultra-small LED products within each segment, together with forecast CAGRs for the period 2021 through 2026. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
In the fourth section of the study, which covers global industry structure, the report offers a list of the leading suppliers of mini/micro-LED products, along with a description of their offerings. The analysis includes a description of the geographical distribution of these firms and an evaluation of other key industry players. Detailed company profiles of the top players are also provided.
The fifth and final section includes an analysis of recently issued U.S. patents, with a summary of patents related to mini/micro-LED materials, manufacturing processes and applications. Patent analysis is performed by region, country, assignee, patent category, device category, material type and application.