Global Micro-LED Display Market- Opportunity, Analysis and Forecast, 2021 to 2030
OREGAON, PORTLAND, UNITED STATES, July 7, 2023/EINPresswire.com/ — Market Overview:
The report on the global micro-LED display market provides a comprehensive analysis of the market’s trends, competitive outlook, major players, and forecasts for upcoming markets and technological advancements throughout 2021 to 2030. The intent of the report is to provide viewers with a thorough understanding of the underlying opportunities and challenges facing the market. It contains a meticulous analysis of the factors, including both drivers and restraints, that influence the market’s growth.
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As per the report published by Allied Market Research, the global micro-LED display market size was estimated at $56.00 million in 2020 and is expected to reach $23.4 billion by 2030, growing at a CAGR of 77.1% during the forecast period. The expert specialists at AMR conduct in-depth analyses of the market environment and accurately predict the necessary driving and restraining factors. The stakeholders can build their business plans on these factors.
As mentioned, the micro-LED display market is driven by several factors, including a rise in demand for bright and power-efficient display panels and an increase in the preference of electronic giants towards micro-LED displays. However, the high cost of micro-LED displays is expected to hinder the growth of the micro-LED display market. On the other hand, an upsurge in demand for consumer electronics is projected to offer a remunerative micro-LED display market opportunity. Each of these factors is anticipated to have a definite impact on the market during the forecast period.
Competitive Landscape:
The global micro-LED display market is comparatively well-consolidated, with huge and medium-sized players accounting for most of the market revenue, Major players are using a range of tactics, engaging in mergers and acquisitions, strategic agreements, and partnerships, as well as creating, experimenting with, and introducing more potent micro-LED display solutions. Some significant companies profiled in the report on the global micro-LED display market include:
• LG Display
• Glo AB
• eLux Inc.
• Vue Real
• Rohinni LLC
• Apple Inc.
• Samsung Electronics Co. Ltd.
• Sony Corporation
• Aledia
• Play Nitride Inc.
Assessment of Strategic Partnerships:
An analysis of the global micro-LED display market is provided based on the product, application, industry vertical, and region. The market has included regions across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, the UK, The Netherlands, Belgium, Portugal, Hungary, Sweden, Denmark, Norway, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, New Zealand, Malaysia, Thailand, ASEAN, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
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Segmentation:
Micro-LED display market, By Product
• Large scale Display
• Small and Medium-sized Display
• Micro Display
Micro-LED display market, By Application
• PC and Laptop
• Smartphone and Tablet
• Smartwatch
• TV
• Others
Micro-LED display market, By Industry Vertical
• Government and Defense
• Entertainment and Sports
• Retail
• Automotive
• Consumer Electronics
• Others
Key Question Answered in the Global Micro-LED display Market Report:
• What are the primary drivers behind the micro-LED display market?
• What is the estimated market size of micro-LED display market?
• Which is the largest regional market for micro-LED display market?
• Who are the key players in the industry?
• What has the impact of COVID-19 on the global micro-LED display market?
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of AMR, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Allied Analytics LLP
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