Global Micro Light-Emitting Diode (LED) Market 2021-2025
Technavio has been monitoring the micro light-emitting diode (LED) market and it is poised to grow by $ 15.59 bn during 2021-2025 progressing at a CAGR of 108% during the forecast period. Our report on 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the integration of microLED in TVs and increasing number of patents being registered. In addition, integration of microLED in TVs is anticipated to boost the growth of the market as well.
The micro light-emitting diode (LED) market analysis include segments.1.
Technavio's micro light-emitting diode (LED) market is segmented as below:
By Geographical Landscapes
- North America
- South America
This study identifies the increasing investments in MicroLEDs as one of the prime reasons driving the micro light-emitting diode (LED) market growth during the next few years.
Technavio 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. Our report on 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"
Technavio's 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 Apple Inc., AU Optronics Corp., BOE Technology Group Co. Ltd., Hon Hai Precision Industry Co. Ltd., LG Electronics Inc., OSRAM Licht Group, PlayNitride Inc., Plessey Semiconductors Ltd., Samsung Electronics Co. Ltd., and Tianma Microelectronics Co. Ltd.. 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 on 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.