Dublin, Oct. 10, 2023 (GLOBE NEWSWIRE) -- The "Global Micro-LED Market by Usage (Display, Lighting), Industry Vertical (Aerospace & Defense, Automotive, Consumer Electronics) - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Micro-LED Market is set to experience significant growth with a substantial Compound Annual Growth Rate (CAGR) forecasted for the upcoming years. The market's progress is attributed to economic development and significant infrastructure expansion in various regions. This comprehensive report offers insights into domestic production, import/export dynamics, consumption patterns, and qualitative and quantitative parameters, highlighting both driving and restraining factors.
Market Overview
The Global Micro-LED Market is poised for remarkable expansion, with regional revenue bolstered by economic growth and robust infrastructure development. A thorough analysis of production, import/export trends, and consumption patterns empowers market participants to harness potential opportunities. Qualitative and quantitative parameters in the report provide detailed insights into the market's dynamics.
Market Statistics
The report provides market sizing and forecasts in major currencies (USD, EUR, JPY, GBP, AUD, CAD, and CHF). With historical data from 2018 to 2021, the base year as 2022, and an estimated year in 2023, the forecast extends to 2030. This multi-currency support assists organizational leaders in making informed decisions.
Market Segmentation & Coverage
The research report categorizes the Global Micro-LED Market to forecast revenues and analyze trends in sub-markets. Key segments include:
- Usage: Display and Lighting
- Display Sub-segments: Digital Signage, Head-up Display, Laptop and Monitor, Near-to-Eye (NTE) Device, Smartphone and Tablet, Smartwatch, Television
- Lighting Sub-segments: Automotive Lights and Consumer Lights
- Industry Vertical: Aerospace & Defense, Automotive, Consumer Electronics, Marketing & Advertising
- Region: Americas, Asia-Pacific, Europe, Middle East & Africa
- Detailed breakdown of regions and countries included
FPNV Positioning Matrix
The FPNV Positioning Matrix evaluates the Global Micro-LED Market, assessing vendors based on Business Strategy and Product Satisfaction metrics. Vendors are categorized into four quadrants: Forefront (F), Pathfinder (P), Niche (N), or Vital (V), providing a comprehensive vendor assessment.
Market Share Analysis
The Market Share Analysis offers insights into vendors' contributions to overall revenue, customer base, and other key metrics. This analysis helps companies understand their competitive performance and market share within the sector.
Key Insights and Questions Answered
The report provides insights into market penetration, development, diversification, trends, and competitive assessments. It answers critical questions such as:
- What is the market size and forecast of the Global Micro-LED Market?
- How does COVID-19 impact the market during the forecast period?
- Which segments and regions present investment opportunities?
- What is the competitive landscape in the Micro-LED Market?
Market Dynamics
The report outlines key market drivers, including increasing sales of smartphones, tablets, laptops, and wearables, higher luminous efficiency and brightness, and the demand for 8K ultra-high-definition television and large video displays. It also discusses challenges such as the high cost of micro-LED and the need for better technologies in maintenance and manufacturing.
Leading Companies
Notable companies in the Global Micro-LED Market include:
- Aledia Incorporated
- ALLOS Semiconductors GmbH
- Apple Inc.
- Cooledge Lighting Inc.
- Epistar Corporation
- JBD Inc.
- Lumens Co., Ltd.
- Micledi
- Nichia Corporation
- Oculus by Facebook Technologies, LLC
- PlayNitride Inc.
- Plessey Semiconductors Ltd.
- PRP Optoelectronics Ltd.
- Rohinni LLC
- Samsung Electronics Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/gbzh9q
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