Micro Light Emitting Diode
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Micro Light Emitting Diode Market Size
The Micro Light Emitting Diode market size and share is estimated to reach USD 22,000 million by 2036 from a market value of USD 600 million in 2023, growing at a CAGR of 81% during the forecast period 2024~2036.
Micro Light Emitting Diode Market Analysis
Micro Light Emitting Diodes are the latest direct light emitting display technology. These micro LEDs outperform OLEDs and LCD displays in terms of colour, brightness, lifetime and minimum pixel size. Furthermore, micro light-emitting diodes are considered to be the basis for the next generation of display technology. The technology has the capability to meet the customised needs of numerous sophisticated applications. The main reason driving the growth of the micro light-emitting diode market is the increasing demand for brighter and more power-efficient display panels. The urban population is continuously increasing, causing traffic congestion in the city. According to analysis, the urban share of the global population is expected to increase by 66% to reach 64.19 billion by 2050.
Micro light-emitting diode market segments
Based on product, the small and medium-sized display segment accounted for the largest revenue share in the micro light-emitting diode market study in 2021. This is due to the increasing demand for smart displays being the major source of revenue. Micro light-emitting diodes are suitable for small and medium-sized displays as they offer flawless image quality compared to other display technologies.
On the basis of application, the global micro light emitting diode market can be segmented as above: among these, the smartphone and tablet segment will account for a notable revenue share in 2021. The main reason for this is increased investment in research and development activities. Secondly, leading smartphone and tablet manufacturers are investing in the development of innovative products that meet consumer requirements.
Comparison with competitive products
Key players and manufacturers in the micro light emitting diode market include Apple, Oculus VR, Samsung Electronics, Xceleprint, Jadebird Display, Aredia, Berlase Technology, Aros Semiconductor, Micro Mesa and Lumen. The study includes in-depth competitive analysis, company profiles, recent trends and key market strategies of these key players in the global micro light emitting diode market.
Source: official website of SDKI Inc.
For more information on the market research report, visit: https://www.sdki.jp/reports/micro-light-emitting-diode-market/108592
The Micro Light Emitting Diode market size and share is estimated to reach USD 22,000 million by 2036 from a market value of USD 600 million in 2023, growing at a CAGR of 81% during the forecast period 2024~2036.
Micro Light Emitting Diode Market Analysis
Micro Light Emitting Diodes are the latest direct light emitting display technology. These micro LEDs outperform OLEDs and LCD displays in terms of colour, brightness, lifetime and minimum pixel size. Furthermore, micro light-emitting diodes are considered to be the basis for the next generation of display technology. The technology has the capability to meet the customised needs of numerous sophisticated applications. The main reason driving the growth of the micro light-emitting diode market is the increasing demand for brighter and more power-efficient display panels. The urban population is continuously increasing, causing traffic congestion in the city. According to analysis, the urban share of the global population is expected to increase by 66% to reach 64.19 billion by 2050.
Micro light-emitting diode market segments
Based on product, the small and medium-sized display segment accounted for the largest revenue share in the micro light-emitting diode market study in 2021. This is due to the increasing demand for smart displays being the major source of revenue. Micro light-emitting diodes are suitable for small and medium-sized displays as they offer flawless image quality compared to other display technologies.
On the basis of application, the global micro light emitting diode market can be segmented as above: among these, the smartphone and tablet segment will account for a notable revenue share in 2021. The main reason for this is increased investment in research and development activities. Secondly, leading smartphone and tablet manufacturers are investing in the development of innovative products that meet consumer requirements.
Comparison with competitive products
Key players and manufacturers in the micro light emitting diode market include Apple, Oculus VR, Samsung Electronics, Xceleprint, Jadebird Display, Aredia, Berlase Technology, Aros Semiconductor, Micro Mesa and Lumen. The study includes in-depth competitive analysis, company profiles, recent trends and key market strategies of these key players in the global micro light emitting diode market.
Source: official website of SDKI Inc.
For more information on the market research report, visit: https://www.sdki.jp/reports/micro-light-emitting-diode-market/108592
by akiariku
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