Have a question?
Please get in touch with our team in case of any queries
MINI AND MICRO LED MARKET SIZE TO REACH USD 6 MILLION BY 2024, GROWING AT A CAGR OF 147% DURING THE FORECAST PERIOD.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
MINI AND MICRO LED MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| MARKET SIZE (REVENUE) | USD 6 MILLION (2024) |
| CAGR | 147% (2019-2024) |
| BASE YEAR | 2018 |
| FORECAST YEAR | 2019-2024 |
| MARKET SEGMENTS | Types(micro LED and mini LED), applications (display and lighting), end-users (consumer electronics, automotive, and others) |
| GEOGRAPHIC ANALYSIS | APAC, Europe, Latin America, MEA, and North America |
| COUNTRIES COVERED | US, Canada, Germany, France, Italy, China, South Korea, UAE, and Brazil |
INDUSTRY INSIGHTS
Mini & micro LED lights to consume 80% less energy than xenon and halogen lights
Mini and micro LED displays have become the most significant display technology to be adopted in next-generation electronic products. Displays and lightings are the major application segments of mini and micro LEDs. They are gaining traction among customers as well as corporate clients due to their long operational life, high brightness and contrast features, and a high degree of energy efficiency. The mini and micro LED market is projected to dominate display, automotive, and backlight panel industries during the forecast period. The major application of mini and micro LEDs will be in large-scale displays and signages, monitors, televisions, smartphone screens, screen backlights, and automotive lightings. The mini and micro LED market in US, Southeast Asia, and the UAE is expected to witness high dynamism during the forecast period. Further, manufacturers are implementing new fabrication technology to produce LED chips in the economical price range, thereby enabling their usage in commercial applications and daily products.
MINI AND MICRO LED MARKET TRENDS AND DRIVERS
New generation electronic devices and digital signage systems promote high performance with low energy wastage
Modern-day LEDs comprise a variety of service offerings such as color palettes, convenient power schemes, low maintenance cost, and improved safety feature. All these innovations help the user to reduce operational cost, leverage color patterns, and enhance the safety and durability of the products. Mini and micro LED lights are long-lasting and easy-to-use products; they offer design flexibility with increased performance in consumer electronics, automotive, and general lighting. Currently, smart lighting and IoT-enabled lighting have become an integral part of the mini and micro LED market. Vendors are looking to introduce smart wireless controlled LED lights. A few major developments in the global mini and micro LED market includes the installation of a 19-meter 16K micro LED signage display in Japan by Sony. Similarly, Daktronics has unveiled a mini LED signage display and Epistar has developed ultra-fine pitch display systems using mini LED.
The design and development of mini and micro LED technologies, chips, and panels have improved many folds in the recent years. Several manufacturers are active in the field of LED chip technology development as well as other manufacturing technology.
The phasing out of old lighting technology is likely to impact several industries, particularly consumer electronics. The consumer electronics industry is likely to be affected as a major chunk of its revenue is generated from economy products, which are still relying on old lighting technologies and are yet to switch to mini or micro LEDs. Further, regulations playa crucial role in shaping consumer products. Governments in major countries have taken measures to introduce stringent regulations related to energy efficiency. Therefore, new generation electronic devices as well as digital signage systems promote high performance with low energy wastage. OEMs and component suppliers are trying to optimize the efficiency of electronic components and lighting systems to increase the battery lifecycle and enhance performance.
MINI AND MICRO LED MARKET SEGMENTATION
This market research report includes a detailed market segmentation by
- Type
- Application
- End-user
- Geography
MINI AND MICRO LED MARKET: TYPE
The application of micro technology includes AR micro projections, automotive HUD projection applications, and ultra-large digital displays
The LED market comprises two major product types- micro LED and mini LED. The significant differences between the two are: pixel pitch, LED size, and end-user application. Micro LEDs are dominating the market and are expected to grow at a CAGR of around 146% during 2018–2024. High contrast and brightness features, low power consumption, and long life-span are major factors driving the increased demand for micro LEDs. Micro LED technology is most commonly adopted in applications such as wearable watches, mobile phones, automotive head-up displays, AR/VR, micro projectors, and high-end televisions. It is expected that the application of micro technology will include AR micro projections, automotive HUD projection applications, and ultra-large digital displays. Nowadays, vendors are focusing on the fabrication of the full-color display for micro-LEDs.
Mini LED, on the other hand, can be considered a transitional technology between micro LED and traditional LED. It has a smaller-sized LED, which can divide more dimming blocks in the LED backlight. Several companies are trying to introduce mini LED lights by replacing traditional LCD backlights. For instance, AU Optronics demonstrated several high-end mini LED-backlit LCDs, including a 27-inch 4K gaming monitor and a 1000 PPI 2-inch VR display. Similarly, in 2018, JDI demonstrated an automotive central control panel with a 16.7-inch curved screen with a straight down type mini LED backlight. Such technological enhancements are driving the mini and micro LED market worldwide.
MINI AND MICRO LED MARKET: APPLICATIONS
Advancements in mini and micro LED technology have led to the introduction of new lighting and display technologies such as QLED and indium gallium zinc-oxygen (IGZO)
The mini and micro LED market by application is segmented into display and lighting. The display segment is gaining more traction and is expected to growing at a CAGR of around 146% during 2018–2024. Display is an output screen, which is incorporated most electronic devices. Manufacturers and research institutions are developing display screens with high power efficiency and contrast brightness features. Further advancements in mini and micro LED technology have led to the introduction of several new lighting and display technologies such as QLED and indium gallium zinc-oxygen (IGZO).
Manufacturers and developers are exploring mean to incorporate new-age LED chips into lighting applications. Mini LEDs have better lighting applications than micro LEDs as they are easier to implement in electronic devices and offer better yield rates. A micro LED is a new concept, which is expected to make significant improvements in the image quality. It is generally used in wearable handsets, smartphones, automotive displays, augmented reality/virtual reality products, displays wall, and television, etc.
MINI AND MICRO LED MARKET: END-USERS
Mini LEDs are considered a stepping stone to bridge manufacturing and commercial application gap between micro LEDs and traditional LEDs
Consumer electronics, automotive, and others are the three primary end-users in the mini and micro LED market. Consumer electronics is the largest segment and has occupied more than half of market share. The growing consumer interest in mini and micro LED technology is driving major players to increase their investments in R&D activities. After the emergence of mini LED in 2007 as a transitional technology between traditional LED and LCD and OLED technology, developers are describing mini LED as a stepping stone to bridge manufacturing and commercial application gap between micro LED and traditional LED, thereby making them highly viable for consumer electronics applications.
Further, key players such as Samsung, Sony, and LG are showing tremendous interest in developing mini and micro LEDs. Several established LED chip manufacturers, technology, semiconductor, hardware, and optoelectronics startups are actively engaged in several development stages of mini and micro LED.
Automotive is the second largest end-user segment in the global mini and micro LED market. It includes incorporation of mini and micro LEDs in automotive lighting solutions, including display backlights, ambient lightings, and other exterior lighting and interior lighting systems. The mini and micro LED market is expected to witness a boost due to the rapid adoption of ADAS technology, which is related to the growth of futuristic automotive lighting technology. However, vendors are exclusively working to introduce ground breaking mini and micro LED technology.
MINI AND MICRO LED MARKET: GEOGRAPHY
Increasing Corporates, Expansion of Retail Sector and Stringent Regulations are Boosting the LED Market in North America
The global mini and micro LED market by geography is divided into North America, Europe, Latin America, MEA, and North America. North America and Europe dominate the mini and micro LED market due to a high adoption of innovative and smart products by consumers. The availability of anarray of luxury retail chains, corporate offices, affluent customers, and strict regulations, regarding energy efficiency, has boosting the mini and micro LED market share in the US.
Europe is globally know for adoption of innovative and technological products. Micro LEDs constitute the largest market share. Whereas, the high cost of branded products, with high retail prices, remains a major growth inhibitor in APAC countries. However, there is low penetration of LED lights in countries like India, Thailand, and Vietnam due to the availability of low-cost models.
The mini and micro LED market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
Types
- Micro LED
- Mini LED
Applications
- Display
- Lighting
End-users
- Consumer Electronics
- Automotive
- Others
Geography
- North America
- US
- Canada
- Europe
- Germany
- France
- Italy
- Latin America
- Brazil
- MEA
- UAE
- APAC
- China
- South Korea
Frequently Asked Questions
What is the mini and macro LED market size and growth forecast?
Which segment will dominate the market? Mini LED or Micro LED?
Who are the key players in the mini and micro LED market?
Which industries will be the major user of mini and micro LEDs?
The mini and micro LED market is expected to reach around $6 million by 2024, growing at a CAGR of around 147% during the forecast period.
The global mini and micro LED market is driven by the rising demand for advanced displays and innovative lighting control systems. The increasing number of digital initiatives in the LED market will contribute to the growth of the global mini and micro LED market. The market research report provides in-depth market analysis and segmental analysis of the global market by screen size, end-user type, and geography.
Base Year: 2018
Forecast Year: 2019–2024
The study considers the present scenario of the global mini and micro LED market and its market dynamics for the period 2019−2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the market. The study profiles and analyzes leading and prominent companies and vendors operating in the market.
Leading Vendors in Mini and Micro LED Market:
- Epistar
- Business Overview
- Major Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Lextar
- Innolux
- Apple
- Samsung
- Sony
- LG
Other Prominent Vendors
- AU Optronics
- Business Overview
- Osram
- Plessey
- Nichia
- PlayNitride
- Epileds Technologies
- Rohinni
- SemiLEDS
- Elux, Glo
- Xiamen Changelight
- Optovate
- JBD
- Lumens
- VueReal
- Lumiode
- Mirko Mesa
Market Segmentation by Types
- Micro LED
- Mini LED
Market Segmentation by Applications
- Display
- Lighting
Market Segmentation by End-users
- Consumer Electronics
- Automotive
- Others
Market Segmentation by Geography
- North America
- Europe
- Latin America
- MEA
- North America
List of Exhibits
Exhibit 1 Global Mini & Micro LED Market Scope 2018
Exhibit 2 Market Size Calculation Approach 2018
Exhibit 3 Major Application Areas for Mini & Micro LEDs
Exhibit 4 Major Obstacles to Commercialization of Mini & Micro LED Technologies
Exhibit 5 Product Life Cycle of Market 2018
Exhibit 6 Impact of Rising Demand for Innovative Displays
Exhibit 7 Developments in Mini & Micro LED Signages & Display Sector 2018
Exhibit 8 Impact of Rising Demand for Use in Automotive Lighting
Exhibit 9 Automotive Lighting Sector: Overview
Exhibit 10 Impact of Rising Interest and Investments from Tech and Electronic Giants
Exhibit 11 Impact of Increasing Demand from Consumer Segments
Exhibit 12 Impact of Volatile Trade Relations in International Markets
Exhibit 13 Impact of Strong Competition from Existing Products
Exhibit 14 Impact of High Fabrication Costs Restraining Competitive Pricing
Exhibit 15 Impact of Innovations in Lighting Control Systems
Exhibit 16 Impact of Rising Demand for EVs to Fuel Micro & Mini LED Adoption
Exhibit 17 Impact of Rising Demand for Energy Efficiency Across Segments
Exhibit 18 Mini & Micro LED Products: Participants Across Value Chain
Exhibit 19 Global Micro & Mini LED Market Overview 2018
Exhibit 20 Global Mini & Micro LED Market 2018−2024 ($ million)
Exhibit 21 Global Mini LED Market 2018−2024 ($ million)
Exhibit 22 Global Micro LED Market 2018−2024 ($ million)
Exhibit 23 Major Factors to Define Global Economic Development
Exhibit 24 Average Global GDP Growth 2015−2018 (annual % change)
Exhibit 25 Potential Markets for Mini & Micro LEDs 2018–2024
Exhibit 26 Five Forces Analysis 2018
Exhibit 27 Incremental Growth by Product Type 2018−2024
Exhibit 28 Global Market by Product Type: Overview
Exhibit 29 Global Micro LED Market 2018−2024 ($ million)
Exhibit 30 Micro LED Feature Description
Exhibit 31 Select Mass Transfer Methods in Micro LED Development
Exhibit 32 Global Mini LED Market 2018−2024 ($ million)
Exhibit 33 Mini LED Feature Description
Exhibit 34 Incremental Growth by Application Type 2018−2024
Exhibit 35 Global Market by Application Type: Overview
Exhibit 36 Global LED Display Market 2018−2024 ($ million)
Exhibit 37 Global LED Lighting Market 2018−2024 ($ million)
Exhibit 38 Incremental Growth by End-users 2018−2024
Exhibit 39 Global Micro & Mini LED Market by End-use
Exhibit 40 Global Market by End-users: Overview by Regions
Exhibit 41 Global LED Consumer Electronics Market 2018−2024 ($ million)
Exhibit 42 Application Areas of Mini & Micro LED in Consumer Electronics
Exhibit 43 Global LED Automotive Market 2018−2024 ($ million)
Exhibit 44 Development of Mini and Micro LED in Automotive Segment
Exhibit 45 Global Other LED Market 2018−2024 ($ million)
Exhibit 46 Incremental Growth by Geography 2018−2024
Exhibit 47 Market Share of Geographies 2018 (Revenue)
Exhibit 48 Global Mini & Micro LED Market Geographical Overview
Exhibit 49 Mini & Micro LED Market in North America 2018–2024 ($ million)
Exhibit 50 Segmental Overview Mini & Micro LED Market in North America
Exhibit 51 Incremental Growth in North America 2018–2024
Exhibit 52 Mini & Micro LED Market in US 2018–2024 ($ million)
Exhibit 53 Mini & Micro LED Market in Canada 2018–2024 ($ million)
Exhibit 54 Mini & Micro LED Market in Europe 2018–2024 ($ million)
Exhibit 55 Segmental Overview Mini & Micro LED Market in Europe
Exhibit 56 Incremental Growth in Europe 2018–2024
Exhibit 57 Mini & Micro LED Market in Germany 2018–2024 ($ million)
Exhibit 58 Mini & Micro LED Market in France 2018–2024 ($ million)
Exhibit 59 Mini & Micro LED Market in Italy 2018–2024 ($ million)
Exhibit 60 Mini & Micro LED Market in APAC 2018–2024 ($ million)
Exhibit 61 Segmental Overview Mini & Micro LED Market in APAC
Exhibit 62 Incremental Growth in APAC 2018–2024
Exhibit 63 Mini & Micro LED Market in China SAR 2018–2024 ($ million)
Exhibit 64 Income Scenario of Urban Households in China 2010–2020
Exhibit 65 Mini & Micro LED Market in South Korea 2018–2024 ($ million)
Exhibit 66 Mini & Micro LED Market in MEA 2018–2024 ($ million)
Exhibit 67 Segmental Overview Mini & Micro LED Market in MEA
Exhibit 68 Incremental Growth in MEA 2018–2024
Exhibit 69 Mini & Micro LED Market in UAE 2018–2024 ($ million)
Exhibit 70 Mini & Micro LED Market in Latin America 2018–2024 ($ million)
Exhibit 71 Segmental Overview Mini & Micro LED Market in Latin America
Exhibit 72 Incremental Growth in Latin America 2018–2024
Exhibit 73 Mini & Micro LED Market in Brazil 2018–2024 ($ million)
List of Tables
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2018
Table 3 Mini and Micro LED Product Overview
Table 4 Companies Involved in Micro & Mini LED Development
Table 5 Global Market by Product Type 2018 & 2024 (revenue share %)
Table 6 Global Market by Product Type 2018−2024 ($ million)
Table 7 Global Micro LED Market by Geography 2018−2024 ($ million)
Table 8 Global Micro LED Market by Application 2018−2024 ($ million)
Table 9 Global Micro LED Display Market by Geography 2018−2024 ($ million)
Table 10 Global Micro LED Lighting Market by Geography 2018−2024 ($ million)
Table 11 Global Mini LED Market by Geography 2018−2024 ($ million)
Table 12 Global Mini LED Market by Application 2018−2024 ($ million)
Table 13 Global Mini LED Display Market by Geography 2018−2024 ($ million)
Table 14 Global Mini LED Lighting Market by Geography 2018−2024 ($ million)
Table 15 Global Market by Application Type 2018 & 2024 (revenue share %)
Table 16 Global Market by Application Type 2018−2024 ($ million)
Table 17 Display Application of Mini and Micro LED: Overview
Table 18 Global LED Display Market by Geography 2018−2024 ($ million)
Table 19 Global LED Display Market by Product Type 2018−2024 ($ million)
Table 20 Global Mini LED Display Market by Geography 2018−2024 ($ million)
Table 21 Global Micro LED Display Market by Geography 2018−2024 ($ million)
Table 22 Global LED Lighting Market by Geography 2018−2024 ($ million)
Table 23 Global LED Lighting Market by Product Type 2018−2024 ($ million)
Table 24 Global Mini LED Lighting Market by Geography 2018−2024 ($ million)
Table 25 Global Micro LED Lighting Market by Geography 2018−2024 ($ million)
Table 26 Global Market by End-users 2018 & 2024 (revenue share %)
Table 27 Global Market by End-users 2018−2024 ($ million)
Table 28 Global LED Consumer Electronics Market by Geography 2018−2024 ($ million)
Table 29 Global LED Automotive Market by Geography 2018−2024 ($ million)
Table 30 Global Other LED Market by Geography 2018−2024 ($ million)
Table 31 Global Mini & Micro LED Market by Geography 2018−2024 ($ million)
Table 32 North America: Market by Product Type 2018–2024 ($ million)
Table 33 North America: Market by Mini LEDs 2018–2024 ($ million)
Table 34 North America: Market by Micro LEDs 2018–2024 ($ million)
Table 35 North America: Market by Application Type 2018–2024 ($ million)
Table 36 North America: Market by Display 2018–2024 ($ million)
Table 37 North America: Market by Lighting 2018–2024 ($ million)
Table 38 North America: Market by End-users 2018–2024 ($ million)
Table 39 Europe: Market by Product Type 2018–2024 ($ million)
Table 40 Europe: Market by Mini LEDs 2018–2024 ($ million)
Table 41 Europe: Market by Micro LEDs 2018–2024 ($ million)
Table 42 Europe: Market by Application Type 2018–2024 ($ million)
Table 43 Europe: Market by Display 2018–2024 ($ million)
Table 44 Europe: Market by Lighting 2018–2024 ($ million)
Table 45 Europe: Market by End-users 2018–2024 ($ million)
Table 46 APAC: Market by Product Type 2018–2024 ($ million)
Table 47 APAC: Market by Mini LEDs 2018–2024 ($ million)
Table 48 APAC: Market by Micro LED 2018–2024 ($ million)
Table 49 APAC: Market by Application Type 2018–2024 ($ million)
Table 50 APAC: Market by Displays 2018–2024 ($ million)
Table 51 APAC: Market by Lighting 2018–2024 ($ million)
Table 52 APAC: Market by End-users 2018–2024 ($ million)
Table 53 MEA: Market by Product Type 2018–2024 ($ million)
Table 54 MEA: Market by Mini LEDs 2018–2024 ($ million)
Table 55 MEA: Market by Micro LEDs 2018–2024 ($ million)
Table 56 MEA: Market by Application Type 2018–2024 ($ million)
Table 57 MEA: Market by Displays 2018–2024 ($ million)
Table 58 MEA: Market by Lighting 2018–2024 ($ million)
Table 59 MEA: Market by End-users 2018–2024 ($ million)
Table 60 Latin America: Market by Product Type 2018–2024 ($ million)
Table 61 Latin America: Market by Mini LEDs 2018–2024 ($ million)
Table 62 Latin America: Market by Micro LEDs 2018–2024 ($ million)
Table 63 Latin America: Market by Application Type 2018–2024 ($ million)
Table 64 Latin America: Market by Displays 2018–2024 ($ million)
Table 65 Latin America: Market by Lighting 2018–2024 ($ million)
Table 66 Latin America: Market by End-users 2018–2024 ($ million)
Table 67 Epistar: Product Offerings
Table 68 Lextar: Product Offerings
Table 69 Innolux: Product Offerings
Table 70 Apple: Product Offerings
Table 71 Samsung: Product Offerings
Table 72 Sony: Product Offerings
Table 73 LG: Product Offerings
Table 74 Global Mini & Micro LED Market by Geography ($ million)
Table 75 North America: Market by Product Type 2018–2024 ($ million)
Table 76 North America: Market by Mini LEDs 2018–2024 ($ million)
Table 77 North America: Market by Micro LEDs 2018–2024 ($ million)
Table 78 North America: Market by Application Type 2018–2024 ($ million)
Table 79 North America: Market by Display 2018–2024 ($ million)
Table 80 North America: Market by Lighting 2018–2024 ($ million)
Table 81 North America: Market by End-users 2018–2024 ($ million)
Table 82 Europe: Market by Product Type 2018–2024 ($ million)
Table 83 Europe: Market by Mini LEDs 2018–2024 ($ million)
Table 84 Europe: Market by Micro LEDs 2018–2024 ($ million)
Table 85 Europe: Market by Application Type 2018–2024 ($ million)
Table 86 Europe: Market by Display 2018–2024 ($ million)
Table 87 Europe: Market by Lighting 2018–2024 ($ million)
Table 88 Europe: Market by End-users 2018–2024 ($ million)
Table 89 APAC: Market by Product Type 2018–2024 ($ million)
Table 90 APAC: Market by Mini LEDs 2018–2024 ($ million)
Table 91 APAC: Market by Micro LEDs 2018–2024 ($ million)
Table 92 APAC: Market by Application Type 2018–2024 ($ million)
Table 93 APAC: Market by Displays 2018–2024 ($ million)
Table 94 APAC: Market by Lighting 2018–2024 ($ million)
Table 95 APAC: Market by End-users 2018–2024 ($ million)
Table 96 MEA: Market by Product Type 2018–2024 ($ million)
Table 97 MEA: Market by Mini LEDs 2018–2024 ($ million)
Table 98 MEA: Market by Micro LEDs 2018–2024 ($ million)
Table 99 MEA: Market by Application Type 2018–2024 ($ million)
Table 100 MEA: Market by Displays 2018–2024 ($ million)
Table 101 MEA: Market by Lighting 2018–2024 ($ million)
Table 102 MEA: Market by End-users 2018–2024 ($ million)
Table 103 Latin America: Market by Product Type 2018–2024 ($ million)
Table 104 Latin America: Market by Mini LEDs 2018–2024 ($ million)
Table 105 Latin America: Market by Micro LEDs 2018–2024 ($ million)
Table 106 Latin America: Market by Application Type 2018–2024 ($ million)
Table 107 Latin America: Market by Displays 2018–2024 ($ million)
Table 108 Latin America: Market by Lighting 2018–2024 ($ million)
Table 109 Latin America: Market by End-users 2018–2024 ($ million)
Table 110 Global Market by Product Type 2018−2024 ($ million)
Table 111 Micro LED Market by Geography 2018−2024 ($ million)
Table 112 Micro LED Market by Application 2018−2024 ($ million)
Table 113 Micro LED Display Market by Geography 2018−2024 ($ million)
Table 114 Micro LED Lighting Market by Geography 2018−2024 ($ million)
Table 115 Mini LED Market by Geography 2018−2024 ($ million)
Table 116 Mini LED Market by Application 2018−2024 ($ million)
Table 117 Mini LED Display Market by Geography 2018−2024 ($ million)
Table 118 Mini LED Lighting Market by Geography 2018−2024 ($ million)
Table 119 Global Market by Application Type 2018−2024 ($ million)
Table 120 Display Market by Geography 2018−2024 ($ million)
Table 121 Display Market by Product Type 2018−2024 ($ million)
Table 122 Mini LED Display Market by Geography 2018−2024 ($ million)
Table 123 Micro LED Display Market by Geography 2018−2024 ($ million)
Table 124 Lighting Market by Geography 2018−2024 ($ million)
Table 125 Lighting Market by Product Type 2018−2024 ($ million)
Table 126 Mini LED Lighting Market by Geography 2018−2024 ($ million)
Table 127 Micro LED Lighting Market by Geography 2018−2024 ($ million)
Table 128 Global Market by End-users 2018−2024 ($ million)
Table 129 Consumer Electronics Market by Geography 2018−2024 ($ million)
Table 130 Automotive Market by Geography 2018−2024 ($ million)
Table 131 Others Market by Geography 2018−2024 ($ million)
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Type
4.4.2 Market Segmentation by Application
4.4.3 Market Segmentation by End-users
4.4.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at A Glance
7 Introduction
7.1 Overview
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Rising Demand for Innovative Displays
8.1.2 Rising Demand for Use in Automotive Lighting
8.1.3 Rising Interest and Investments from Tech and Electronic Giants
8.1.4 Increasing Demand from Consumer Segments
8.2 Market Growth Restraints
8.2.1 Volatile Trade Relations in International Markets
8.2.2 Strong Competition from Existing Products
8.2.3 High Fabrication Costs Restraining Competitive Pricing
8.3 Market Opportunities & Trends
8.3.1 Innovations in Lighting Control Systems
8.3.2 Rising Demand for EVs to Fuel Micro & Mini LED Adoption
8.3.3 Rising Demand for Energy Efficiency Across Segments
9 Value Chain Analysis
9.1 Value Chain Overview
10 Global Mini & Micro Led Market Landscape
10.1 Market Size & Forecast
10.2 Global Economic Improvement to Aid Market Growth
10.3 Five Forces Analysis
10.3.1 Threat of New Entrants
10.3.2 Bargaining Power of Suppliers
10.3.3 Bargaining Power of Buyers
10.3.4 Threat of Substitutes
10.3.5 Competitive Rivalry
11 By Product Type
11.1 Market snapshot & Growth Engine
11.2 Market Overview
11.3 Micro LEDs
11.3.1 Market Size & Forecast (Revenue)
11.3.2 Market Size & Forecast by Geography
11.3.3 Market by Application
11.3.4 Micro LED Display: Market Size & Forecast
11.3.5 Micro LED Lighting: Market Size & Forecast
11.4 Mini LEDs
11.4.1 Market Size & Forecast (Revenue)
11.4.2 Market Size & Forecast by Geography
11.4.3 Market by Application
11.4.4 Mini LED Display: Market Size & Forecast
11.4.5 Mini LED Lighting: Market Size & Forecast
12 By Application Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Displays
12.3.1 Market Size & Forecast (Revenue)
12.3.2 Market Size & Forecast by Geography
12.3.3 Market by Product Type
12.3.4 Mini LED Display: Market Size & Forecast
12.3.5 Micro LED Display: Market Size & Forecast
12.4 Lighting
12.4.1 Market Size & Forecast (Revenue)
12.4.2 Market Size & Forecast by Geography
12.4.3 Market by Product Type
12.4.4 Mini LED Lighting: Market Size & Forecast
12.4.5 Micro LED Lighting: Market Size & Forecast
13 By End-Users
13.1 Market snapshot & Growth Engine
13.2 Market Overview
13.3 Consumer Electronics
13.3.1 Market Size & Forecast (Revenue)
13.3.2 Market Size & Forecast by Geography
13.4 Automotive
13.4.1 Market Size & Forecast (Revenue)
13.4.2 Market Size & Forecast by Geography
13.5 Others
13.5.1 Market Size & Forecast (Revenue)
13.5.2 Market Size & Forecast by Geography
14 By Geography
14.1 Market Snapshot & Growth Engine
14.2 Overview
15 North America
15.1 Market Size & Forecast
15.2 Segmentation by Product Type
15.2.1 North America: Market by Product Type
15.2.2 North America: Market by Mini LEDs
15.2.3 North America: Market by Micro LEDs
15.3 Segmentation by Application Type
15.3.1 North America: Market by Application Type
15.3.2 North America: Market by Displays
15.3.3 North America: Market by Lighting
15.4 North America: Market by End-users
15.5 Key Countries
15.5.1 US: Market Size & Forecast
15.5.2 Canada: Market Size & Forecast
16 Europe
16.1 Market Size & Forecast
16.2 Segmentation by Product Type
16.2.1 Europe: Market by Product Type
16.2.2 Europe: Market by Mini LEDs
16.2.3 Europe: Market by Micro LEDs
16.3 Segmentation by Application Type
16.3.1 Europe: Market by Application Type
16.3.2 Europe: Market by Display
16.3.3 Europe: Market by Lighting
16.4 Europe: Market by End-users
16.5 Key Countries
16.5.1 Germany: Market Size & Forecast
16.5.2 France: Market Size & Forecast
16.5.3 Italy: Market Size & Forecast
17 APAC
17.1 Market Size & Forecast
17.2 Segmentation by Product Type
17.2.1 APAC: Market by Product Type
17.2.2 APAC: Market by Mini LEDs
17.2.3 APAC: Market by Micro LED
17.3 Segmentation by Application Type
17.3.1 APAC: Market by Application Type
17.3.2 APAC: Market by Displays
17.3.3 APAC: Market by Lighting
17.4 APAC: Market by End-users
17.5 Key Countries
17.5.1 China SAR: Market Size & Forecast
17.5.2 South Korea: Market Size & Forecast
18 Middle East And Africa
18.1 Market Size & Forecast
18.2 Segmentation by Product Type
18.2.1 MEA: Market by Product Type
18.2.2 MEA: Market by Mini LEDs
18.2.3 MEA: Market by Micro LEDs
18.3 Segmentation by Application Type
18.3.1 MEA: Market by Application Type
18.3.2 MEA: Market by Displays
18.3.3 MEA: Market by Lighting
18.4 MEA: Market by End-users
18.5 Key Countries
18.5.1 UAE: Market Size & Forecast
19 Latin America
19.1 Market Size & Forecast
19.2 Segmentation by Product Type
19.2.1 Latin America: Market by Product Type
19.2.2 Latin America: Market by Mini LEDs
19.2.3 Latin America: Market by Micro LEDs
19.3 Segmentation by Application Type
19.3.1 Latin America: Market by Application Type
19.3.2 Latin America: Market by Displays
19.3.3 Latin America: Market by Lighting
19.4 Latin America: Market by End-users
19.5 Key Countries
19.5.1 Brazil: Market Size & Forecast
20 Competitive Landscape
20.1 Competition Overview
21 Market Vendor Analysis
22 Key Company Profiles
22.1 Epistar
22.1.1 Business Overview
22.1.2 Major Product Offerings
22.1.3 Key Updates
22.2 Lextar
22.2.1 Business Overview
22.2.2 Major Product Offerings
22.2.3 Key Updates
22.3 Innolux
22.3.1 Business Overview
22.3.2 Major Product Offerings
22.3.3 Key Updates
22.4 Apple
22.4.1 Business Overview
22.4.2 Major Product Offerings
22.4.3 Key Updates
22.5 Samsung
22.5.1 Business Overview
22.5.2 Major Product Offerings
22.5.3 Key Updates
22.6 Sony
22.6.1 Business Overview
22.6.2 Major Product Offerings
22.6.3 Key Updates
22.7 LG
22.7.1 Business Overview
22.7.2 Major Product Offerings
22.7.3 Key Updates
23 Other Prominent Vendors
23.1 AU Optronics
23.1.1 Business Overview
23.2 Osram
23.2.1 Business Overview
23.3 Plessey
23.3.1 Business Overview
23.4 Nichia
23.4.1 Business Overview
23.5 PlayNitride
23.5.1 Business Overview
23.6 Everlight Electronics
23.6.1 Business Overview
23.7 Epileds Technologies
23.7.1 Business Overview
23.8 Rohinni
23.8.1 Business Overview
23.9 SemiLEDS Corporation
23.9.1 Business Overview
23.1 ELUX
23.10.1 Business Overview
23.11 GLO
23.11.1 Business Overview
23.12 XIAMEN Changelight
23.12.1 Business Overview
23.13 OPTOVATE
23.13.1 Business Overview
23.14 JBD (Jade Bird Display)
23.14.1 Business Overview
23.15 LUMENS
23.15.1 Business Overview
23.16 VUEREAL
23.16.1 Business Overview
23.17 LUMIODE
23.17.1 Business Overview
23.18 MIKRO MESA
23.18.1 Business Overview
24 Report Summary
24.1 Key Takeaways
25 Quantitative Summary
25.1 Global Market by Geography
25.2 North America Market
25.2.1 North America: Market by Product Type
25.2.2 North America: Market by Mini LEDs
25.2.3 North America: Market by Micro LEDs
25.2.4 North America: Market by Application Type
25.2.5 North America: Market by Display
25.2.6 North America: Market by Lighting
25.2.7 North America: Market by End-users
25.3 Market by Europe
25.3.1 Europe: Market by Product Type
25.3.2 Europe: Market by Mini LEDs
25.3.3 Europe: Market by Micro LEDs
25.3.4 Europe: Market by Application Type
25.3.5 Europe: Market by Display
25.3.6 Europe: Market by Lighting
25.3.7 Europe: Market by End-users
25.4 Market by APAC
25.4.1 APAC: Market by Product Type
25.4.2 APAC: Market by Mini LEDs
25.4.3 APAC: Market by Micro LEDs
25.4.4 APAC: Market by Application Type
25.4.5 APAC: Market by Displays
25.4.6 APAC: Market by Lighting
25.4.7 APAC: Market by End-users
25.5 Market by MEA
25.5.1 MEA: Market by Product Type
25.5.2 MEA: Market by Mini LEDs
25.5.3 MEA: Market by Micro LEDs
25.5.4 MEA: Market by Application Type
25.5.5 MEA: Market by Displays
25.5.6 MEA: Market by Lighting
25.5.7 MEA: Market by End-users
25.6 Market by Latin America
25.6.1 Latin America: Market by Product Type
25.6.2 Latin America: Market by Mini LEDs
25.6.3 Latin America: Market by Micro LEDs
25.6.4 Latin America: Market by Application Type
25.6.5 Latin America: Market by Displays
25.6.6 Latin America: Market by Lighting
25.6.7 Latin America: Market by End-users
25.7 Market by Product Type
25.8 Market by Application Type
25.9 Market by End-users
26 Appendix
26.1 Abbreviations
Select a license type that suits your business needs
Single User Licence
- Report accessible by one user only
- Free 10% or 3 days of customization
- Free post-sale service assistance
- Continuous support through email
5 User Licence
- Report accessible by 5 users within the organization
- Free 15% or 4.5 days of customization
- Continuous support through email and telephone
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Corporate Licence
- Free Datasheet worth $1500
- Report accessible by the entire organization
- Free 20% or 6 days of customization
- Free post-sale service assistance
- Continuous support through email and telephone
- Direct access to lead analysts
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Datasheet Licence
- Report accessible by 1 user only
- Free 15% or 32 hours of customization
- Free post-sale service assistance
- Direct access to lead analysts
Frequently Asked Questions
What is the mini and macro LED market size and growth forecast?
Which segment will dominate the market? Mini LED or Micro LED?
Who are the key players in the mini and micro LED market?
Which industries will be the major user of mini and micro LEDs?
Other RELATED Reports
Smart LED Indoor Signage Market - Global Outlook and Forecast 2018-2023
Published : September 2018
Automotive Interior Lighting System Market - Global Outlook and Forecast 2019-2024
Published : February 2019
Automotive Lighting Market - Global Outlook and Forecast 2019-2024
Published : February 2019
