PUBLISHER: TechNavio | PRODUCT CODE: 1267557
PUBLISHER: TechNavio | PRODUCT CODE: 1267557
Technavio has been monitoring the micro light-emitting diode (LED) market and is forecast to grow by USD 11716.23 mn during 2022-2027, accelerating at a CAGR of 84.71% during the forecast period. Our report on the micro light-emitting diode (LED) market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in micro LEDs, an increasing number of patents being registered, and the integration of micro LED in TVs.
Technavio's micro light-emitting diode (LED) market is segmented as below:
By Product
By Type
By Geographical Landscape
This study identifies the development of GaN-on-Si technology as one of the prime reasons driving the micro-light-emitting diode (LED) market growth during the next few years. Also, growing adoption in the automotive industry and an increasing number of strategic partnerships and collaborations in microLED will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading micro light-emitting diode (LED) market vendors that include ALEDia SA, ALLOS Semiconductors GmbH, Apple Inc., AUO Corp., Beijing BDK Electronics Co. Ltd., eLux Inc., EPISTAR Corp, Innolux Corp., JBD Inc., LG Electronics Inc., Lumens Co. Ltd, Nanosys Inc., Optovate Ltd., OSRAM GmbH, PlayNitride Inc., Plessey Semiconductors Ltd., Rohinni LLC, Samsung Electronics Co. Ltd., Sony Group Corp., and VueReal Inc.. Also, the micro light-emitting diode (LED) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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