Micro LED Market by Product and Geography — Forecast and Analysis 2021–2025
Micro LED Market will register a CAGR of 108% during 2020–2024. The market’s growth momentum will Accelerate.
integration of MicroLED in TVs will be one of the major factors driving the growth of this market. Additionally, key Micro LED Market trends such as the development of GaN-on-Si technology will also influence market growth during the forecast period.
Micro LED Market Size
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During the forecast period, the Micro LED Market size will grow by $ 15.59 bn.
Micro Light-Emitting Diode LED Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Micro LED Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the high market penetration of other display technologies will also challenge the growth of the companies.
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. | Tianma Microelectronics Co. Ltd..list
are some of the companies covered in Technavio’s Micro LED Market report for 2021–2025.
Micro LED Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Micro LED Market.
The APAC will account for the largest Micro LED Market share and during 2021–2025, the region will contribute to 78% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Micro Light-Emitting Diode (LED) Market report also analyzes the market by Display | Lighting | APAC | North America | Europe | South America | MEA.comma
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