Micro LED Market - Forecasts from 2019 to 2024

June 2019 | 106 pages | ID: M21220769813EN
Knowledge Sourcing Intelligence LLP

Abstracts

The micro LED market is projected to grow at a CAGR of 52.57% to reach US$2,052.330 million by 2024, from US$248.234 million in 2019. Micro LED is considered to be next generation display technology and is growing in popularity on account of its ability to provide quick response time, offer wide viewing angle, and simultaneously reduce energy consumption in comparison to existing technologies. Simultaneously, the increasing focus on the development of miniaturized devices is further boosting the demand for micro-LED. Furthermore, its ability to provide higher brightness in comparison to OLED and LCD is also expected to push its demand during the forecast period. However, the high cost of manufacturing and issues regarding mass technology transfer remains a significant challenge for the micro-LED market.

DRIVERS

• Low power consumption in comparison to other available technologies.
• Rising investment in large size televisions.

RESTRAINTS

• Availability of relatively affordable substitute.
• Issues regarding technology transfer.

INDUSTRY UPDATE

• Samsung unveiled ‘The Wall’, a 146-inch and 0.8?pixel pitch with MicroLED display that has the ability to deliver intense black and pure colors along with outstanding brightness and contrast in Consumer Electronic Show 2018.

Segmentation

The Micro-LED market has been analyzed through the following segments:

• By Application
• Display
• Lighting
• By Industry Vertical
• Consumer Electronics
• Automotive
• Advertising
• Others
• By Geography
• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Others
• Europe
• United Kingdom
• Germany
• France
• Others
• Middle East and Africa
• Israel
• Others
• Asia Pacific
• Japan
• China
• South Korea
• Taiwan
• Others

Contents

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. MICRO-LED MARKET BY APPLICATION

5.1. Display
5.2. Lighting

6. MICRO LED MARKET BY INDUSTRY VERTICAL

6.1. Consumer Electronics
6.2. Automotive
6.3. Advertising
6.4. Others

7. MICRO LED MARKET BY GEOGRAPHY

7.1. North America
  7.1.1. United States
  7.1.2. Canada
  7.1.3. Mexico
7.2. South America
  7.2.1. Brazil
  7.2.2. Others
7.3. Europe
  7.3.1. Germany
  7.3.2. France
  7.3.3. United Kingdom
  7.3.4. Others
7.4. Middle East and Africa
  7.4.1. Israel
  7.4.2. Others
7.5. Asia Pacific
  7.5.1. China
  7.5.2. Japan
  7.5.3. South Korea
  7.5.4. Taiwan
  7.5.5. Others

8. COMPETITIVE INTELLIGENCE

8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. Samsung Electronics Co., Ltd
9.2. LG Electronics, Inc.
9.3. PlayNitride, Inc.
9.4. Sony Corporation
9.5. X-Celeprint
9.6. OSRAM GmbH
9.7. Lextar Electronics Corporation
LIST OF FIGURES
LIST OF TABLES