The MicroLED market was valued at 170 Million US$ in 2019 and is projected to reach 17100 Million US$ by 2027, at a CAGR of +78.3% during the forecast period.
MicroLED, also known as micro-LED, mLED or µLED, is an emerging flat panel display technology. As the name implies, MicroLED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, MicroLED displays offer better contrast, response times, and energy efficiency.
The latest report entitled “Global MicroLED Market from 2019 to 2027” has been recently added to the repository of report consultants. It encircles the evaluation made on the basis of key competitors who are showing active participation in determining how the market actually works. They have achieved great success in understanding what the expectations of their applications are and what the anticipated trends that may show up in the future.
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Top Key Players of MicroLED Market:
- Apple (Luxvue),
- LG Electronics,
- Samsung Electronics,
- Oculus VR (Infiniled),
- Glo AB,
- Verlase Technologies,
- JBD Inc.,
The topographical analysis methodologies help understand the growth patterns that the regional MicroLED Market such as Europe, North America, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America exhibits. A forecast period of 2026 has been taken into consideration to specifically understand the trends that could be expected to occur in the future. This study is done by considering the demographics, regional trends, product demand evaluation in a forward-looking perspective on different factors driving or restraining the market growth.
MicroLED Market Breakdown Data by Type
MicroLED Market Breakdown Data by Application
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- Consumer Electronics
- Aerospace & Defense
In addition to this, descriptions of the global market in terms of the global and major regional market sizes are also available in this report. In this segment, the various subdivisions are pragmatic to the market in order to gain an isolated view of the statistics involved. The Global MicroLED Market is studied in terms of its competitive background.
In this study, the years considered to estimate the size of the MicroLED Market are as follows:
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- History Year: 2013-2018
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2027