The market for MicroLED is forecast to grow to US$ 286.38 Mn by 2026 from US$ 51.47 Mn in 2017.
Albany, NY -- (SBWIRE) -- 12/11/2018 -- Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled "Global MicroLED Market - Predicted to Expand at a CAGR of 21.14% during Forecast 2018-2026". This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for (keyword). Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.
The MicroLED market, which is in the initial stage, is witnessing significant technological advancements across the industry. Developments in the LED industry include the introduction of upgraded MicroLED panels which are exceptionally thin and proficient for the purpose of delivering excellent viewing angle which allow brighter pictures to be delivered with less power consumption.With focus on enhancing consumer experience, MicroLED delivers quick response time and in a compact format. The market for MicroLED is forecast to grow to US$ 286.38 Mn by 2026 from US$ 51.47 Mn in 2017, recording a CAGR of 21.14%.
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This comprehensive report by MRRSE analyzes and forecasts the MicroLED market at the global and regional level. The report provides analysis over the period 2016–2026, wherein 2018 to 2026 is the forecast period and the base year is 2017. An in-depth and unbiased market assessment has been made to offer readers in-depth and accurate analysis. The report highlights all the major trends and services expected to play a key role in the growth of the MicroLED market during 2018 - 2026. It also focuses on market drivers, restraining factors, and opportunities of the MicroLED market during the said period. The study provides a complete perspective about the MicroLED market's growth throughout the research study in terms of value (in US$ Mn) and Volume (Million Units) across various geographies, including Asia Pacific, South America, North America, Middle East & Africa (MEA), and Europe.
The report includes a detailed value chain analysis, which offers a comprehensive view of the global MicroLED market. Porter's Five Forces analysis is also provided to understand the competitive scenario in the market. The study incorporates MicroLED market attractiveness analysis, wherein the market segments for display and lighting and significant applications are benchmarked based on their market size, growth rate, and attractiveness in terms of opportunity. In order to offer a complete analysis of the overall competitive scenario in the MicroLED market, every geographic region mentioned in the report is provided with attractiveness analysis.
A market overview chapter in the MicroLED market report explains the market trends and dynamics which include the market drivers, restraining factors, and opportunities for the current and future MicroLED market. A market outlook analysis has also been provided globally in the report. Additionally, the report provides analysis of different business strategies adopted by the key players of theMicroLED market. Market introduction chapter assists in gaining an idea of different trends and services related to MicroLED along with their types and applications.
The study provides a decisive view on the global MicroLED market, by segmenting the market on the basis of type into display and lighting. By application, the market has been classified into smartphone, smart watch, monitor, laptop, tablet, and others. The report provides a detailed breakdown of the MicroLED market region-wise and categorizes it at various levels, thus providing valuable insights at micro and macro levels.
The report highlights the competitive scenario within the MicroLED market, thus ranking all the major players according to the key recent developments and their geographic presence. The insights for the MicroLED market are the result of our extensive primary interviews, secondary research, and in-house expert panel reviews. These market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.
On the basis of country, the North America market is bifurcated into Canada, the U.S., and Rest of North America. Furthermore, the Europe market is analyzed across France, Germany, U.K., and Rest of Europe. The APAC MicroLED market is also segmented at country level which includes China, Japan, India, and Rest of Asia Pacific. Middle East &Africa region covers the G.C.C. countries, South Africa, and Rest of Middle East & Africa. Similarly, the South America region includes Brazil and Rest of South America. This report provides all the strategic information required to understand the MicroLED market along with its types and applications. The report provides insights related to the types and different applications according to the various geographical regions mentioned above.
The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources such as annual reports, company websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, World Bank database, and industry white papers are usually referred. Further, for this report we have specifically focused on data from the SEMI, and WSTS among others.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the MicroLED market, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as market trends, market size, competitive landscape, growth trends, etc. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.
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The research study includes profiles of leading companies operating in the global MicroLED market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as MicroLED investment & spending and developments by major players of the market are tracked. Some of the key players in the MicroLED market are Apple, Inc., Sony Corp, Oculus VR, Ostendo Technologies, LG Electronics, JBD Inc., and Glo AB among others.
The MicroLED market has been segmented as follows:
MicroLED Market, by Type
MicroLED Market, by Application
In addition, the report provides analysis of the MicroLED market with respect to the following geographic segments:
Rest of North America
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East & Africa
Rest of South America
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