Micro LED Display Market Size to Grow by USD 11.50 billion, Rise in Demand For Bright and Power-efficient Display Panels to Boost Market Growth - Technavio

2022-09-16 19:28:19 By : Mr. Andy Ouyang

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NEW YORK , Sept. 15, 2022 /PRNewswire/ -- The "Micro LED Display Market by End-user (Consumer electronics, Automotive, Aerospace and defense, and Others) and Geography (APAC, North America , Europe , South America , and Middle East and Africa ) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the micro LED display market size between 2021 and 2026 is USD 11.50 bn . To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report

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The micro LED display market report is segmented by end-user (consumer electronics, automotive, aerospace and defense, and others) and geography (APAC, North America , Europe , South America , and the Middle East and Africa ). APAC will be the leading region with 36% of the market's growth during the forecast period. China , India , and South Korea are the key countries for the micro LED display market in APAC.

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The micro LED display market is fragmented. The market includes a substantial number of international and regional vendors. Some prominent vendors operating in the global micro LED display market are Apple Inc., Samsung Electronics Co. Ltd., Sony Group Corp., Aledia, eLux Inc., Nanosys Inc., LG Electronics Inc., and PlayNitride Inc. There are a lot of growth opportunities because of the growing demand for micro LED displays in developing countries of APAC, South America , and MEA. Vendors in the market are investing in R&D and product development activities, which is likely to intensify the competition among them during the forecast period.

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Smart Display Market by Type and Geography - Forecast and Analysis 2022-2026: The smart display market share is expected to progress at a CAGR of 20.27% from 2021 to 2026.

Head-mounted Display Market by End-user, Application, and Geography - Forecast and Analysis 2021-2025: The head-mounted display market share is expected to grow by USD 36.09 billion from 2020 to 2025.

Micro LED Display Market Scope

Decelerate at a CAGR of 78.61%

APAC, North America, Europe, South America, and Middle East and Africa

US, China, India, South Korea, and UK

Leading companies, competitive strategies, consumer engagement scope

Aledia, Apple Inc., AU Optronics Corp., eLux Inc., Innolux Corp., Japan Display Inc., JBD, LG Electronics Inc., Lumens Co. Ltd., Nanosys Inc., Optovate Ltd., PlayNitride Inc., Plessey Semiconductors Ltd., Rohinni LLC, Samsung Electronics Co. Ltd., Sony Group Corp., and VueReal Inc.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:[email protected] Website: www.technavio.com/

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