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Market Research Report

Micro-LED

Published by Global Industry Analysts, Inc. Product code 913460
Published Content info 137 Pages
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Micro-LED
Published: July 1, 2020 Content info: 137 Pages
Description

Global Micro-LED Market to Reach $30.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Micro-LED estimated at US$585.3 Million in the year 2020, is projected to reach a revised size of US$30.2 Billion by 2027, growing at aCAGR of 75.7% over the period 2020-2027. Display, one of the segments analyzed in the report, is projected to record 77.8% CAGR and reach US$26.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lighting segment is readjusted to a revised 65.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $179.9 Million, While China is Forecast to Grow at 71.6% CAGR

The Micro-LED market in the U.S. is estimated at US$179.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2027 trailing a CAGR of 71.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 68.3% and 64.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 50.9% CAGR.We bring years of research experience to this 8th edition of our report. The 137-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Aledia
  • ALLOS Semiconductors GmbH
  • Apple, Inc.
  • AU Optronics Corporation
  • BOE Technology Group Co., Ltd.
  • CEA-Leti
  • Changchun Institute Of Applied Chemistry
  • Crystalwise Technology Inc.
  • Epistar Corporation
  • Fraunhofer-Gesellschaft zur Forderung der angewandten Forschung e.V.
  • Glo AB
  • Himax Display, Inc.
  • Hon Hai Precision Industry Co., Ltd. (Foxconn)
  • Hong Kong University of Science and Technology
  • Iii-V LAB
  • Industrial Technology Research Institute
  • Jasper Display Corporation
  • Jbd Inc.
  • LG Display Co., Ltd.
  • Lumens
  • Luminit, LLC.
  • Lumiode, Inc.
  • Macroblock, Inc
  • Nichia Corporation
  • Oculus VR LLC
  • Ostendo Technologies, Inc.
  • PlayNitride Inc.
  • Plessey Semiconductors Ltd.
  • Rohinni LLC.
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Unimicron Technology Corporation
  • Uniqarta, Inc.
  • VerLASE Technologies LLC
  • Vuereal
Table of Contents
Product Code: MCP13313

TABLE OF CONTENTS

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Micro-LED Market to Witness Rapid Growth
  • Global Competitor Market Shares
  • Micro-LED Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • An Overview of Leading Players

3. MARKET TRENDS & DRIVERS

  • Increasing Interest towards Micro-LED Displays from Electronic Giants to Bode Well for Market Growth
  • Increasing Demand for Power-Efficient and Brighter Display Panels for AR/VR Devices, Mobile Devices, and SmartWatches to Support Market Demand
  • Micro-LED Display Forecast in Millions of Units by Product Type
  • Collins Aerospace Pioneers the Launch of MicroLED Reading Light
  • Increasing Demand for Wearable Devices to Support Market Growth
  • Breakdown of Demand for Wearable Devices in Units (M) by Region: 2015-2022
  • Adoption of Micro-LEDs in AR/VR Applications
  • MicroLED Adoption in AR Headsets (M Units): 2018-2027
  • Micro-LEDs in Advertisement Sector
  • MicroLEDs in Consumer Electronics
  • Innovations/ Technological Advancements to Advance Market Opportunities
  • Product Introductions to propel Market Growth
  • Increasing Demand for OLEDs to Impact Market Growth
  • Total Shipments of Smartwatch Display by Technology: 2014-2018
  • Growing Demand for Folded and Flexible Displays to Restrain Market Growth
  • A Prelude into Patent Landscape of Micro-LED Market
  • Breakdown of Patent Family by Company Type (2018)

4. GLOBAL MARKET PERSPECTIVE

  • TABLE 1: Micro-LED Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 2: Micro-LED Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
  • TABLE 3: Display (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
  • TABLE 4: Display (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
  • TABLE 5: Lighting (Application) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
  • TABLE 6: Lighting (Application) Market Share Shift across Key Geographies: 2020 VS 2027
  • TABLE 7: Consumer Electronics (Vertical) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 8: Consumer Electronics (Vertical) Market Share Breakdown by Region/Country: 2020 VS 2027
  • TABLE 9: Advertisement (Vertical) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
  • TABLE 10: Advertisement (Vertical) Share Breakdown Review by Region/Country: 2020 VS 2027
  • TABLE 11: Automotive (Vertical) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 12: Automotive (Vertical) Distribution of Global Sales by Region/Country: 2020 VS 2027
  • TABLE 13: Aerospace & Defense (Vertical) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
  • TABLE 14: Aerospace & Defense (Vertical) Global Market Share Distribution by Region/Country for 2020 and 2027
  • TABLE 15: Other Verticals (Vertical) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
  • TABLE 16: Other Verticals (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
    • Market Facts & Figures
    • US Micro-LED Market Share (in %) by Company: 2019 & 2025
    • Market Analytics
    • TABLE 17: United States Micro-LED Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027
    • TABLE 18: Micro-LED Market Share Breakdown in the United States by Application: 2020 VS 2027
    • TABLE 19: United States Micro-LED Latent Demand Forecasts in US$ Thousand by Vertical: 2020 to 2027
    • TABLE 20: Micro-LED Market Share Breakdown in the United States by Vertical: 2020 VS 2027
  • CANADA
    • TABLE 21: Canadian Micro-LED Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
    • TABLE 22: Canadian Micro-LED Market Share Analysis by Application: 2020 VS 2027
    • TABLE 23: Canadian Micro-LED Market Quantitative Demand Analysis in US$ Thousand by Vertical: 2020 to 2027
    • TABLE 24: Canadian Micro-LED Market Share Analysis by Vertical: 2020 VS 2027
  • JAPAN
    • TABLE 25: Japanese Demand Estimates and Forecasts for Micro-LED in US$ Thousand by Application: 2020 to 2027
    • TABLE 26: Micro-LED Market Share Shift in Japan by Application: 2020 VS 2027
    • TABLE 27: Japanese Demand Estimates and Forecasts for Micro-LED in US$ Thousand by Vertical: 2020 to 2027
    • TABLE 28: Micro-LED Market Share Shift in Japan by Vertical: 2020 VS 2027
  • CHINA
    • TABLE 29: Chinese Demand for Micro-LED in US$ Thousand by Application: 2020 to 2027
    • TABLE 30: Chinese Micro-LED Market Share Breakdown by Application: 2020 VS 2027
    • TABLE 31: Chinese Demand for Micro-LED in US$ Thousand by Vertical: 2020 to 2027
    • TABLE 32: Chinese Micro-LED Market Share Breakdown by Vertical: 2020 VS 2027
  • EUROPE
    • Market Facts & Figures
    • European Micro-LED Market: Competitor Market Share Scenario (in %) for 2019 & 2025
    • Market Analytics
    • TABLE 33: European Micro-LED Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
    • TABLE 34: European Micro-LED Market Share Shift by Region/Country: 2020 VS 2027
    • TABLE 35: European Micro-LED Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
    • TABLE 36: European Micro-LED Market Share Analysis by Application: 2020 VS 2027
    • TABLE 37: European Micro-LED Addressable Market Opportunity in US$ Thousand by Vertical: 2020-2027
    • TABLE 38: European Micro-LED Market Share Analysis by Vertical: 2020 VS 2027
  • FRANCE
    • TABLE 39: Micro-LED Quantitative Demand Analysis in France in US$ Thousand by Application: 2020-2027
    • TABLE 40: French Micro-LED Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
    • TABLE 41: Micro-LED Quantitative Demand Analysis in France in US$ Thousand by Vertical: 2020-2027
    • TABLE 42: French Micro-LED Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027
  • GERMANY
    • TABLE 43: Micro-LED Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027
    • TABLE 44: Micro-LED Market Share Distribution in Germany by Application: 2020 VS 2027
    • TABLE 45: Micro-LED Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Vertical for the Period 2020-2027
    • TABLE 46: Micro-LED Market Share Distribution in Germany by Vertical: 2020 VS 2027
  • ITALY
    • TABLE 47: Italian Demand for Micro-LED in US$ Thousand by Application: 2020 to 2027
    • TABLE 48: Italian Micro-LED Market Share Breakdown by Application: 2020 VS 2027
    • TABLE 49: Italian Demand for Micro-LED in US$ Thousand by Vertical: 2020 to 2027
    • TABLE 50: Italian Micro-LED Market Share Breakdown by Vertical: 2020 VS 2027
  • UNITED KINGDOM
    • TABLE 51: United Kingdom Demand Estimates and Forecasts for Micro-LED in US$ Thousand by Application: 2020 to 2027
    • TABLE 52: Micro-LED Market Share Shift in the United Kingdom by Application: 2020 VS 2027
    • TABLE 53: United Kingdom Demand Estimates and Forecasts for Micro-LED in US$ Thousand by Vertical: 2020 to 2027
    • TABLE 54: Micro-LED Market Share Shift in the United Kingdom by Vertical: 2020 VS 2027
  • REST OF EUROPE
    • TABLE 55: Rest of Europe Micro-LED Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
    • TABLE 56: Rest of Europe Micro-LED Market Share Analysis by Application: 2020 VS 2027
    • TABLE 57: Rest of Europe Micro-LED Addressable Market Opportunity in US$ Thousand by Vertical: 2020-2027
    • TABLE 58: Rest of Europe Micro-LED Market Share Analysis by Vertical: 2020 VS 2027
  • ASIA-PACIFIC
    • TABLE 59: Micro-LED Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2020-2027
    • TABLE 60: Asia-Pacific Micro-LED Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
    • TABLE 61: Micro-LED Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Vertical: 2020-2027
    • TABLE 62: Asia-Pacific Micro-LED Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027
  • REST OF WORLD
    • TABLE 63: Rest of World Micro-LED Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
    • TABLE 64: Rest of World Micro-LED Market Share Analysis by Application: 2020 VS 2027
    • TABLE 65: Rest of World Micro-LED Market Quantitative Demand Analysis in US$ Thousand by Vertical: 2020 to 2027
    • TABLE 66: Rest of World Micro-LED Market Share Analysis by Vertical: 2020 VS 2027

IV. COMPETITION

  • Total Companies Profiled: 35
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