Micro And Mini LED Display Market 2021, Share, Growth, Trend Analysis and Forecast to 2027, Consumption Capacity by Volume & Production Value
Micro LED is the most discussed and popular topic in the display industry. Most players such as San’an Optoelectronics, Epistar are focusing on spending huge capital to develop next-generation display technology
Dallas, United States – April 27, 2021 /MarketersMedia/ —
The micro and mini-LED display is one of the most major display technologies to be adopted in the next-generation electronic industry. The most common applications for mini and micro LEDs are displays and lighting. Because of their long operating life, high brightness and contrast functionality, and high energy efficiency, they are gaining popularity among both customers and corporate clients. The mini and micro-LED market is likely to dominate the display, backlight panel, and automotive industries in the coming years.
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Large-scale displays and signs, mobile screens, video backlights, monitors, televisions, and vehicle lighting can all use mini and micro LEDs. The mini and micro-LED market in the United States, the United Arab Emirates, and Southeast Asia is expected to be very dynamic in the coming years. Additionally, manufacturers are introducing new fabrication technology to produce LED chips at a low cost, allowing them to be used in industrial applications and everyday goods.
Color palettes, convenient power schemes, low maintenance costs, and improved safety features are only a few of the benefits of modern LEDs. Both of these advances aid the consumer in lowering maintenance costs, maximizing color patterns, and improving product protection and durability. Mini and micro LED lights are long-lasting and simple to use, with improved efficiency and design versatility in automotive, consumer electronics, and general lighting.
Internet-of-things-enabled lighting, as well as Smart lighting, has now become an important part of the mini and micro-LED industry. Likewise, smart wirelessly powered LED lights are being considered by providers. In Japan, Sony has built a 19-meter 16K micro-LED signage display, which is one of the most significant developments in the mini and micro-LED industry worldwide. In addition, Epistar has introduced ultra-fine pitch display systems through mini LED and Daktronics has revealed a mini LED signage display.
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Some of the important research institutes undertaking R&D in the micro LED display market are Max Technologies (Taiwan), Industrial Technology Research Institute (ITRI) (Taiwan), Macroblock (Taiwan), Changchun Institute (China), Luminit (US), III-V Lab (France), Unimicron (Taiwan) and others.
Key players operating in the global mini and micro LED market include Apple (LuxVue), Ostendo Technologies, Oculus VR, PlayNitride, InfiniLED, Plessey Semiconductors, Sony, ALLOS Semiconductors, Samsung, VueReal, and others. Various companies such as Samsung are planning to commercialized micro LED display by 2019 featuring with better resolution and display quality.
Key segments of the global micro and mini LED display market
Type Overview, 2015-2025 (USD Million)
• Micro LED
• Mini LED
Application Overview, 2015-2025 (USD Million)
• Near-to-eye Devices (AR and VR)
• Television
• Smartphone and Tablet
• Monitor and Laptop
• Head-up Application
• Digital Signage
End-user Overview, 2015-2025 (USD Million)
• Consumer Electronics
• Automotive
• Aerospace and Defence
• Other End Users
Regional Overview, 2015-2025 (USD Million)
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o UK
o Germany
o Italy
o Rest of Europe
• Asia Pacific
o India
o Japan
o China
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa
o UAE
o Rest of MEA
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Some Major Points TOC
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Market Overview, By Type
Chapter 5. Market Overview, By Application
Chapter 6. Market Overview, By End-user
Chapter 7. Market Overview, By Region
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
9.1.Apple (LuxVue)
9.2.Ostendo Technologies
9.3.Oculus VR
9.4.PlayNitride
9.5.InfiniLED
9.6.Plessey Semiconductors
9.7.Sony
9.8.ALLOS Semiconductors
9.9.Samsung
9.10.VueReal
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