Global Micro-LED Market Insights, Forecast to 2025
Table of Contents
1 Study Coverage
- 1.1 Micro-LED Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Micro-LED Market Size Growth Rate by Type
- 1.4.2 Small Sized Panels
- 1.4.3 Medium Sized Panels
- 1.4.4 Large Size Panels
- 1.5 Market by Application
- 1.5.1 Global Micro-LED Market Size Growth Rate by Application
- 1.5.2 Cellphone
- 1.5.3 Wearable Watch Device
- 1.5.4 AR/VR
- 1.5.5 TV
- 1.5.6 Others (Automotive Display, etc.)
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Micro-LED Market Size
- 2.1.1 Global Micro-LED Revenue 2014-2025
- 2.1.2 Global Micro-LED Production 2014-2025
- 2.2 Micro-LED Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Micro-LED Manufacturers
- 2.3.2.1 Micro-LED Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Micro-LED Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Micro-LED Market
- 2.4 Key Trends for Micro-LED Markets & Products
3 Market Size by Manufacturers
- 3.1 Micro-LED Production by Manufacturers
- 3.1.1 Micro-LED Production by Manufacturers
- 3.1.2 Micro-LED Production Market Share by Manufacturers
- 3.2 Micro-LED Revenue by Manufacturers
- 3.2.1 Micro-LED Revenue by Manufacturers (2014-2019)
- 3.2.2 Micro-LED Revenue Share by Manufacturers (2014-2019)
- 3.3 Micro-LED Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Micro-LED Production by Regions
- 4.1 Global Micro-LED Production by Regions
- 4.1.1 Global Micro-LED Production Market Share by Regions
- 4.1.2 Global Micro-LED Revenue Market Share by Regions
- 4.2 North America
- 4.2.1 North America Micro-LED Production
- 4.2.2 North America Micro-LED Revenue
- 4.2.3 Key Players in North America
- 4.2.4 North America Micro-LED Import & Export
- 4.3 Europe
- 4.3.1 Europe Micro-LED Production
- 4.3.2 Europe Micro-LED Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Micro-LED Import & Export
- 4.4 China
- 4.4.1 China Micro-LED Production
- 4.4.2 China Micro-LED Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Micro-LED Import & Export
- 4.5 Japan
- 4.5.1 Japan Micro-LED Production
- 4.5.2 Japan Micro-LED Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Micro-LED Import & Export
- 4.6 South Korea
- 4.6.1 South Korea Micro-LED Production
- 4.6.2 South Korea Micro-LED Revenue
- 4.6.3 Key Players in South Korea
- 4.6.4 South Korea Micro-LED Import & Export
- 4.7 Vietnam
- 4.7.1 Vietnam Micro-LED Production
- 4.7.2 Vietnam Micro-LED Revenue
- 4.7.3 Key Players in Vietnam
- 4.7.4 Vietnam Micro-LED Import & Export
5 Micro-LED Consumption by Regions
- 5.1 Global Micro-LED Consumption by Regions
- 5.1.1 Global Micro-LED Consumption by Regions
- 5.1.2 Global Micro-LED Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Micro-LED Consumption by Application
- 5.2.2 North America Micro-LED Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Micro-LED Consumption by Application
- 5.3.2 Europe Micro-LED Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Micro-LED Consumption by Application
- 5.4.2 Asia Pacific Micro-LED Consumption by Regions
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Micro-LED Consumption by Application
- 5.5.2 Central & South America Micro-LED Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Micro-LED Consumption by Application
- 5.6.2 Middle East and Africa Micro-LED Consumption by Countries
- 5.6.3 Turkey
- 5.6.4 GCC Countries
- 5.6.5 Egypt
- 5.6.6 South Africa
6 Market Size by Type
- 6.1 Global Micro-LED Production by Type
- 6.2 Global Micro-LED Revenue by Type
- 6.3 Micro-LED Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Micro-LED Breakdown Dada by Application
- 7.2.1 Global Micro-LED Consumption by Application
- 7.2.2 Global Micro-LED Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Samsung Electronics
- 8.1.1 Samsung Electronics Company Details
- 8.1.2 Company Overview
- 8.1.3 Samsung Electronics Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Samsung Electronics Micro-LED Product Description
- 8.1.5 Samsung Electronics Recent Development
- 8.2 Apple
- 8.2.1 Apple Company Details
- 8.2.2 Company Overview
- 8.2.3 Apple Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.2.4 Apple Micro-LED Product Description
- 8.2.5 Apple Recent Development
- 8.3 Sony
- 8.3.1 Sony Company Details
- 8.3.2 Company Overview
- 8.3.3 Sony Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Sony Micro-LED Product Description
- 8.3.5 Sony Recent Development
- 8.4 Jbd
- 8.4.1 Jbd Company Details
- 8.4.2 Company Overview
- 8.4.3 Jbd Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.4.4 Jbd Micro-LED Product Description
- 8.4.5 Jbd Recent Development
- 8.5 Lumens
- 8.5.1 Lumens Company Details
- 8.5.2 Company Overview
- 8.5.3 Lumens Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.5.4 Lumens Micro-LED Product Description
- 8.5.5 Lumens Recent Development
- 8.6 LG Display
- 8.6.1 LG Display Company Details
- 8.6.2 Company Overview
- 8.6.3 LG Display Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.6.4 LG Display Micro-LED Product Description
- 8.6.5 LG Display Recent Development
- 8.7 Innolux Corporation
- 8.7.1 Innolux Corporation Company Details
- 8.7.2 Company Overview
- 8.7.3 Innolux Corporation Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.7.4 Innolux Corporation Micro-LED Product Description
- 8.7.5 Innolux Corporation Recent Development
- 8.8 VueReal
- 8.8.1 VueReal Company Details
- 8.8.2 Company Overview
- 8.8.3 VueReal Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.8.4 VueReal Micro-LED Product Description
- 8.8.5 VueReal Recent Development
- 8.9 Plessey Semiconductors
- 8.9.1 Plessey Semiconductors Company Details
- 8.9.2 Company Overview
- 8.9.3 Plessey Semiconductors Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.9.4 Plessey Semiconductors Micro-LED Product Description
- 8.9.5 Plessey Semiconductors Recent Development
- 8.10 AU Optronics
- 8.10.1 AU Optronics Company Details
- 8.10.2 Company Overview
- 8.10.3 AU Optronics Micro-LED Production Revenue and Gross Margin (2014-2019)
- 8.10.4 AU Optronics Micro-LED Product Description
- 8.10.5 AU Optronics Recent Development
- 8.11 Lumiode
- 8.12 eLux, Inc.
9 Production Forecasts
- 9.1 Micro-LED Production and Revenue Forecast
- 9.1.1 Global Micro-LED Production Forecast 2019-2025
- 9.1.2 Global Micro-LED Revenue Forecast 2019-2025
- 9.2 Micro-LED Production and Revenue Forecast by Regions
- 9.2.1 Global Micro-LED Revenue Forecast by Regions
- 9.2.2 Global Micro-LED Production Forecast by Regions
- 9.3 Micro-LED Key Producers Forecast
- 9.3.1 North America
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.3.5 South Korea
- 9.3.6 Vietnam
- 9.4 Forecast by Type
- 9.4.1 Global Micro-LED Production Forecast by Type
- 9.4.2 Global Micro-LED Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Micro-LED Consumption Forecast by Application
- 10.2 Micro-LED Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Micro-LED Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Micro-LED Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Micro-LED Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Micro-LED Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Micro-LED Consumption Forecast by Regions 2019-2025
- 10.7.2 Turkey
- 10.7.3 GCC Countries
- 10.7.4 Egypt
- 10.7.5 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 Micro-LED Sales Channels
- 11.2.2 Micro-LED Distributors
- 11.3 Micro-LED Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
- 12.4 Porter’s Five Forces Analysis
13 Key Findings in the Global Micro-LED Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
Micro-LED, also known as microLED, mLED or µLED, is an emerging flat panel display technology. Micro-LED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, Micro-LED displays offer better contrast, response times, and energy efficiency.
Along with OLEDs, Micro-LED are primarily aimed at small, low-energy devices such as smartwatches and smartphones. OLED and Micro-LED both offer greatly reduced energy requirements compared to conventional LCD systems. Unlike OLED, Micro-LED is based on conventional GaN LED technology, which offers far higher total brightness than OLED produces, as much as 30 times, as well as higher efficiency in terms of lux/W.
Samsung and Apple have been pushing Micro LED technology, which makes the industry look forward to its development prospects, many companies have entered. For example: Plessey Semiconductors, AU Optronics, LG Display, Lumiode, etc. At present, Samsung technology is relatively leading.The development of the Micro LED industry has spurred the development of upstream raw materials, and many raw material manufacturers are actively developing R&D of Micro LED raw materials.Nowadays, there are five mainly applications of Micro-LED, including Cellphone, Wearable Watch Device, AR/VR, TV and Others. And Cellphone is the main application for Micro-LED, and the Cellphone reached a sales volume of approximately 33492 K Units in 2030, with 59.81% of global sales volume.
The Micro-LED market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Micro-LED.
This report presents the worldwide Micro-LED market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Samsung Electronics
Apple
Sony
Jbd
Lumens
LG Display
Innolux Corporation
VueReal
Plessey Semiconductors
AU Optronics
Lumiode
eLux, Inc.
Micro-LED Breakdown Data by Type
Small Sized Panels
Medium Sized Panels
Large Size Panels
In 2019, Small Sized Panels accounted for a major share of 80% the global Micro-LED market. And this product segment is poised to reach 47320 K Unit by 2030 from 0.20 K Unit in 2019.
Micro-LED Breakdown Data by Application
Cellphone
Wearable Watch Device
AR/VR
TV
Others (Automotive Display, etc.)
In Micro-LED market, the Cellphone holds an important share in terms of application, and it is expected to reach a volume of 33492 (K Units) by 2030, at a CAGR of 291.90% during 2019 and 2030.
Micro-LED Production by Region
North America
Europe
China
Japan
South Korea
Vietnam
Micro-LED Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Central & South America
Brazil
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
The study objectives are:
To analyze and research the global Micro-LED status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Micro-LED manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Micro-LED :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Micro-LED market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.