Global micro light-emitting diode (LED) market 2024-2028

Description

List of Tables

The micro light-emitting diode (LED) market is forecasted to grow by USD 12123.6 mn during 2023-2028, accelerating at a CAGR of 71.99% during the forecast period. The 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 microLEDs, increasing number of patents being registered, and integration of microled in TVs.

Technavio's micro light-emitting diode (LED) market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	56.21%
CAGR	71.99%
Incremental Value	$12123.6mn

By Product

Display
Lighting

By Type

Micro display
Small and medium panel
Large panel

By Geography

APAC
North America
Europe
South America
Middle East and Africa

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 automotive industry and increasing number of strategic partnerships and collaborations in microLED will lead to sizable demand in the market.

The report on the micro light-emitting diode (LED) market covers the following areas:

Micro light-emitting diode (LED) market sizing
Micro light-emitting diode (LED) market forecast
Micro light-emitting diode (LED) market industry analysis

The 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 Licht AG, 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.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70266

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Micro Light-Emitting Diode (LED) Market 2018 - 2022
- Historic Market Size - Data Table on Global Micro Light-Emitting Diode (LED) Market 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Display - Market size and forecast 2023-2028
- Chart on Display - Market size and forecast 2023-2028 ($ million)
- Data Table on Display - Market size and forecast 2023-2028 ($ million)
- Chart on Display - Year-over-year growth 2023-2028 (%)
- Data Table on Display - Year-over-year growth 2023-2028 (%)
6.4 Lighting - Market size and forecast 2023-2028
- Chart on Lighting - Market size and forecast 2023-2028 ($ million)
- Data Table on Lighting - Market size and forecast 2023-2028 ($ million)
- Chart on Lighting - Year-over-year growth 2023-2028 (%)
- Data Table on Lighting - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Micro display - Market size and forecast 2023-2028
- Chart on Micro display - Market size and forecast 2023-2028 ($ million)
- Data Table on Micro display - Market size and forecast 2023-2028 ($ million)
- Chart on Micro display - Year-over-year growth 2023-2028 (%)
- Data Table on Micro display - Year-over-year growth 2023-2028 (%)
7.4 Small and medium panel - Market size and forecast 2023-2028
- Chart on Small and medium panel - Market size and forecast 2023-2028 ($ million)
- Data Table on Small and medium panel - Market size and forecast 2023-2028 ($ million)
- Chart on Small and medium panel - Year-over-year growth 2023-2028 (%)
- Data Table on Small and medium panel - Year-over-year growth 2023-2028 (%)
7.5 Large panel - Market size and forecast 2023-2028
- Chart on Large panel - Market size and forecast 2023-2028 ($ million)
- Data Table on Large panel - Market size and forecast 2023-2028 ($ million)
- Chart on Large panel - Year-over-year growth 2023-2028 (%)
- Data Table on Large panel - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Taiwan - Market size and forecast 2023-2028
- Chart on Taiwan - Market size and forecast 2023-2028 ($ million)
- Data Table on Taiwan - Market size and forecast 2023-2028 ($ million)
- Chart on Taiwan - Year-over-year growth 2023-2028 (%)
- Data Table on Taiwan - Year-over-year growth 2023-2028 (%)
9.12 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Aledia SA
- Aledia SA - Overview
- Aledia SA - Product / Service
- Aledia SA - Key offerings
12.4 Apple Inc.
- Apple Inc. - Overview
- Apple Inc. - Business segments
- Apple Inc. - Key news
- Apple Inc. - Key offerings
- Apple Inc. - Segment focus
12.5 AUO Corp.
- AUO Corp. - Overview
- AUO Corp. - Business segments
- AUO Corp. - Key news
- AUO Corp. - Key offerings
- AUO Corp. - Segment focus
12.6 Beijing BDK Electronics Co. Ltd.
- Beijing BDK Electronics Co. Ltd. - Overview
- Beijing BDK Electronics Co. Ltd. - Product / Service
- Beijing BDK Electronics Co. Ltd. - Key offerings
12.7 EPISTAR Corp
- EPISTAR Corp - Overview
- EPISTAR Corp - Product / Service
- EPISTAR Corp - Key offerings
12.8 Innolux Corp.
- Innolux Corp. - Overview
- Innolux Corp. - Product / Service
- Innolux Corp. - Key offerings
12.9 JBD Inc.
- JBD Inc. - Overview
- JBD Inc. - Product / Service
- JBD Inc. - Key offerings
12.10 LG Electronics Inc.
- LG Electronics Inc. - Overview
- LG Electronics Inc. - Product / Service
- LG Electronics Inc. - Key news
- LG Electronics Inc. - Key offerings
12.11 Optovate Ltd.
- Optovate Ltd. - Overview
- Optovate Ltd. - Product / Service
- Optovate Ltd. - Key offerings
12.12 OSRAM GmbH
- OSRAM GmbH - Overview
- OSRAM GmbH - Business segments
- OSRAM GmbH - Key news
- OSRAM GmbH - Key offerings
- OSRAM GmbH - Segment focus
12.13 PlayNitride Inc.
- PlayNitride Inc. - Overview
- PlayNitride Inc. - Product / Service
- PlayNitride Inc. - Key offerings
12.14 Plessey Semiconductors Ltd.
- Plessey Semiconductors Ltd. - Overview
- Plessey Semiconductors Ltd. - Product / Service
- Plessey Semiconductors Ltd. - Key offerings
12.15 Rohinni LLC
- Rohinni LLC - Overview
- Rohinni LLC - Product / Service
- Rohinni LLC - Key offerings
12.16 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Business segments
- Samsung Electronics Co. Ltd. - Key news
- Samsung Electronics Co. Ltd. - Key offerings
- Samsung Electronics Co. Ltd. - Segment focus
12.17 Sony Group Corp.
- Sony Group Corp. - Overview
- Sony Group Corp. - Business segments
- Sony Group Corp. - Key news
- Sony Group Corp. - Key offerings
- Sony Group Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations