Micro and Mini LED Display Market

Adroit Market Research
Global Micro and Mini LED Display Market
Size 2017 by Type (Micro LED, Mini LED), by Application (Nearto-eye Devices (AR and VR), Television, Smartphone and Tablet,
Monitor and Laptop, Head-up Application, Digital Signage), Enduser (Consumer Electronics, Automotive, Aerospace and
Defense, and Other End Users) Region and Forecast 2018 to
2025
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Adroit Market Research
Micro and Mini LED Display Market Size, Status and Forecast 2019-2025
• Adroit Market Research today published a study on the “Global Micro and Mini LED Display Market Size 2017 by Type
(Micro and Mini), by Application (Near-to-eye Devices (AR and VR), Television, Smartphone and Tablet, Monitor and
Laptop, Head-up Application, Digital Signage), by End-user (Consumer Electronics, Automotive, Aerospace and Defence,
and Other End Users), Region and Forecast 2018 to 2025”.
• The global micro and mini LED display market size is estimated based on the ongoing trends and increase in company’s
spending on research and development to develop better and efficient micro and mini LED display. The report also
provides various insights related with competitive strategies, supply chain pattern of micro LED, market dynamics and
regional analysis. In recent years, more international companies have combined the expansion of Micro LED via merger &
acquisition and establishing of new business divisions or start-ups. These manufacturers have developed horizontally or
vertically with their own recognised areas of expertise, including mass transfer technology, panel technology LED epitaxy
production, and branding.
• The global micro and mini LED display market size is projected to be valued USD 5.99 billion by 2025. The market is
primarily driven by surge in need for smart consumer electronics featured with brighter and energy-efficient display
panels. Apart from growing need for consumer electronics, the market is also driven by increase in investment by major
players. Companies such as San’an Optoelectronics, Epistar, HC SemiTek, and Lextar, have been investing in mini LED
technology to develop advance display quality.
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Adroit Market Research
Micro and Mini LED Display Market Size, Status and Forecast 2019-2025
• Digital sign board assist vendors in gauging customer attraction by enabling handler to display special content at designated
times. To grab the benefits of digital sign board paired with better display resolution is project to thrive the growth of the
industry in forthcoming years. Another major trend that are presently shaping the global micro and mini LED display market
is growing adoption for low maintenance & high durability display. The LED technology requires low maintenance and are
highly resistant to damage.
• Among the end user segment, Consumer electronics segment is projected to showcase high CAGR as compared with other
applications of mini and micro LED displays in automotive, aerospace, defense and others. The growth of the segment is
driven by increase in household incomes and disposable income. Further, surge in consumer inclination to purchase advance
gadgets is another parameter supporting the growth of the segment.
• manufacturers such as SAMSUNG coupled with growing demand for better consumer electronics in the country drive the
global mini and micro LED display market in APAC region.
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Adroit Market Research
Micro and Mini LED Display Market Size, Status and Forecast 2019-2025
• Some of the important research institutes undertaking R&D in the micro LED display market are Max Technologies (Taiwan),
Industrial Technology Research Institute (ITRI) (Taiwan), Macroblock (Taiwan), Changchun Institute (China), Luminit (US), IIIV Lab (France), Unimicron (Taiwan) and others.
• Key players operating in the global mini and micro LED market include Apple (LuxVue), Ostendo Technologies, Oculus VR,
PlayNitride, InfiniLED, Plessey Semiconductors, Sony, ALLOS Semiconductors, Samsung, VueReal, and others. Various
companies such as Samsung are planning to commercialized micro LED display by 2019 featuring with better resolution and
display quality.
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Adroit Market Research
Micro and Mini LED Display Market Size, Status and Forecast 2019-2025
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Key segments of the global micro and mini LED display market
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Type Overview, 2015-2025 (USD Million)
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Micro LED
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Mini LED
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Application Overview, 2015-2025 (USD Million)
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Near-to-eye Devices (AR and VR)
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Television
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Smartphone and Tablet
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Monitor and Laptop
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Head-up Application
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Digital Signage
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End-user Overview, 2015-2025 (USD Million)
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Consumer Electronics
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Automotive
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Aerospace and Defence
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Other End Users
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Adroit Market Research
Micro and Mini LED Display Market Size, Status and Forecast 2019-2025
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Regional Overview, 2015-2025 (USD Million)
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North America
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U.S.
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Canada
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Mexico
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Europe
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•
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France
UK
Germany
Italy
Rest of Europe
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Asia Pacific
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India
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Japan
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China
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South Korea
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Rest of APAC
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Latin America
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Brazil
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Rest of Latin America
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Middle East and Africa
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UAE
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Rest of MEA
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Global Micro and Mini LED Display Market Size 2017 by Type (Micro LED, Mini LED), by Application (Near-to-eye Devices (AR and VR), Television, Smartphone and Tablet, Monitor and Laptop, Head-up Application, Digital Signage), End-user (Consumer Electronics, Automotive, Aerospace and Defense, and Other End Users) Region and Forecast 2018 to 2025