Description
Micro-LED Display Market—Forecast till 2027
Market Scenario
The global micro-LED Display market is anticipated to exhibit a healthy CAGR of around 82.1% to surpass USD 24,307.4 million by 2027. Micro-LED is an innovation utilized in Display comprising of microscopic light-discharging diodes of various shadings organized into a cluster. The market has been sectioned in view of utilization, board size, vertical, and area.
The development of the micro-LED display market is principally determined by the expanding interest for more splendid and power-proficient display boards for buyer electronic gadgets and the developing reception pace of micro-LED Displays in premium cell phones. However, the lack of standard procedures for manufacturing Micro-LED components is expected to hinder market growth in the future.
The essential component driving the worldwide Micro-LED Display market is the high reception pace of micro-LED Displays in premium cell phones. Micro-LED Display has a great deal of potential as the innovation considers emissive Display with execution tantamount to OLED Display and higher brilliance and proficiency.
Producers are endeavoring to supplant LCD and OLED boards with micro-LED screens since the innovation vows to be more energy-proficient and slimmer. Micro-LED screens are assessed to involve one-10th how much power as LCD screens. Additionally, with the quick rise and accessibility of new advancements, the purchaser hardware industry is responsible to develop enterprises in the worldwide market.
Quick innovative advancements to address client issues will offer business prospects. Purchaser devices, for example, cell phones and PCs are turning out to be more famous in created and agricultural nations because of rising per capita extra cash, high populace development, and Internet infiltration. A few economies have seen an increment in the infiltration of these contraptions considering continuous basic specialized advances.
Segment Overview
The global micro-LED Display market is classified into panel size, vertical, application, and region.
The system type divides the market into micro-display, small and medium-sized panels, and large panels. Based on vertical, the global market has been classified into entertainment & advertisement, automotive, aerospace & defense, consumer electronics, and others.
Based on application, the global Micro-LED Display market has been segmented into NTE devices, televisions, monitors & laptops, digital signage, smartwatches, smartphones & tablets, and heads-up display.
Regional Analysis
Geographically, the global Micro-LED Display market has been categorized into Asia-Pacific, North America, Europe, and the Rest of the World.
Asia-Pacific is expected to command the market owing to the highest market share of 34.4% in 2020.
The regional market is attributed to the rising incidences of mobile-connected devices in China ultimately increasing the requirement for LED Displays. North America is the main income supporter of the micro-LED display market. With the requirement for high energy investment funds for displays, micro-LED gadgets, for example, cell phones and TVs in the district have seen quick development.
The micro-LED display market in Europe features a high potential for development during the estimated time frame. The district has been seeing colossal development of the IT area, which creates a tremendous measure of information.
Key Competitors
The major players of the global Micro-LED Display market are LG Electronics Inc (South Korea), JBD (Shanghai), Aledia (France), Sony Corporation (Japan), X-Celeprint (Ireland), Epistar Corporation (Taiwan), Nanosys Inc. (US), Elux, Inc. (US), Samsung Electronics (South Korea), Plessey (Devon), and PlayNitride Inc. (Taiwan).
Market Overview
The global solid-phase extraction market is expected to reach USD 452.88 million by the end of 2027 at a healthy CAGR of 5.85% during the review period. The solid-phase extraction (SPE) industry market has seen different mechanical progressions to address the issues of biotechnology and biopharmaceutical organizations, food and refreshment, compound, semiconductor businesses, and ecological testing.
These progressions have prompted the improvement of scaled-down, robotized, and mechanized gadgets. These mechanical progressions have expanded the accommodation and usability of SPE gadgets. Mechanical progressions and mechanization are relied upon to increment further in the future helping the development of the market.
The worldwide solid-phase extraction market is expanding because of the growing mechanical progression in product specifications. There is a developing interest in inventive items because of the expanding number of agreement research associations and the expanding reception of conventional drugs.
The global market growth is attributed to the rising government investments in academics and life sciences and emerging technologies in instrumentation. Also, expanding interests in the life science area is relied upon to support market development in the not-so-distant future. Nonetheless, the absence of normalized guidelines is hampering the development of the market.
Market Segmentation
the Global Solid Phase Extraction Market has been classified into Type, Application, and region.
The type segment is further categorized into SPE Disk, SPE Cartridge, Others.
Based on Application the global market is segmented as Pharmaceutical Industries, Hospitals & Clinics, Environmental, Academic & Research, Institutes, and Others
Regional Analysis
The Americas represented the biggest portion of the overall industry in 2020 and is relied upon to show a CAGR of 5.25% during the estimated time frame. This predominance can be credited to an increment in biotechnology and drug organizations, expanded R&D capacities, the grouping of the significant market players, and accessibility of the latest strategies and instruments for drug revelation research.
Europe offers impressive development potential for market players, which can assist with the extension of the solid phase extraction market before very long. The public authority drives to help such activities drive development for the district’s market.
Asia-Pacific, with key nations like China, India, Japan, the Republic of Korea, and Australia, is relied upon to develop at the most noteworthy CAGR on the lookout and would go on with this pattern through the figure time frame.
The central point ascribing to this development remembers the most recent movement for instrumentation, arising financial circumstances, expanding interest in biotechnology, and drug research associations in the emerging nations of Asia-Pacific. The Middle East and Africa hold a more modest market for the solid phase extraction industry because of innovative inadequacies and low mindfulness among the target audience.
Major Players
The prominent market players operating in the global solid-phase extraction market are Thermo Fisher Scientific (US), PerkinElmer Inc. (US), 3M (US), Gilson Incorporated (US), Gerstel GmbH & Co. KG (Germany), Merck KGaA (Germany), Agilent Technologies (US), GL Sciences Inc. (Japan), Biotage AB (Sweden), Waters Corporation (US), Tecan Trading AG (Switzerland), Cytiva (US), Pall Corporation (US), Phenomenex Inc. (US), and Sigma-Aldrich (US).
COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Related Report: Global Dental Sutures Market Analysis & Forecast 2016-2027
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 INCREASING DEMAND FOR BRIGHTER AND MORE POWER-EFFICIENT DISPLAY PANELS FOR CONSUMER ELECTRONIC DEVICES
4.2.2 HIGH ADOPTION RATE OF MICRO-LED DISPLAYS IN PREMIUM SMARTPHONES
4.3 RESTRAINTS
4.3.1 LACK OF STANDARD PROCEDURES FOR MANUFACTURING MICRO-LED COMPONENTS
4.4 OPPORTUNITIES
4.4.1 GROWING DEMAND FOR WEARABLE DISPLAYS IN SMARTWATCHES AND HEAD-MOUNTED DISPLAYS (HMDS)
4.5 COVID-19 IMPACT ANALYSIS
4.5.1 IMPACT ON SEMICONDUCTOR MANUFACTURERS
4.5.2 IMPACT ON APPLICATION MANUFACTURERS
4.5.3 IMPACT ON DEVICE MANUFACTURERS
4.6 COVID-19 IMPACT ON SUPPLY CHAIN DELAY
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 RESEARCH & DEVELOPMENT (R&D)
5.1.2 COMPONENT SUPPLY
5.1.3 MANUFACTURING
5.1.4 DISPLAY ASSEMBLY
5.1.5 APPLICATIONS
5.2 PORTER’S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 THREAT OF SUBSTITUTES
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
6 GLOBAL MICRO-LED DISPLAY MARKET, BY APPLICATION
6.1 OVERVIEW
6.1.1 GLOBAL MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
6.2 SMARTWATCHES
6.3 NTE DEVICES
6.4 TELEVISIONS
6.5 HEADS-UP DISPLAY
6.6 SMARTPHONES & TABLETS
6.7 MONITORS & LAPTOPS
6.8 DIGITAL SIGNAGE
7 GLOBAL MICRO-LED DISPLAY MARKET, BY PANEL SIZE
7.1 OVERVIEW
7.1.1 GLOBAL MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
7.2 MICRO-DISPLAY
7.3 SMALL AND MEDIUM-SIZED PANELS
7.4 LARGE PANELS
8 GLOBAL MICRO-LED DISPLAY MARKET, BY VERTICAL
8.1 OVERVIEW
8.1.1 GLOBAL MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
8.2 CONSUMER ELECTRONICS
8.3 ENTERTAINMENT & ADVERTISEMENT
8.4 AUTOMOTIVE
8.5 AEROSPACE & DEFENSE
8.6 OTHERS
9 GLOBAL MICRO-LED DISPLAY MARKET, BY REGION
9.1 OVERVIEW
9.1.1 GLOBAL MICRO-LED DISPLAY MARKET, BY REGION, 2020 VS 2027 (USD MILLION)
9.1.2 GLOBAL MICRO-LED DISPLAY MARKET, BY REGION, 2018–2027 (USD MILLION)
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA: MICRO-LED DISPLAY MARKET, BY COUNTRY, 2018–2027 (USD MILLION)
9.2.2 NORTH AMERICA: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.2.3 NORTH AMERICA: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.2.4 NORTH AMERICA: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.2.5 US
9.2.5.1 US: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.2.5.2 US: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.2.5.3 US: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.2.6 CANADA
9.2.6.1 CANADA: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.2.6.2 CANADA: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027(USD MILLION)
9.2.6.3 CANADA: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.2.7 MEXICO
9.2.7.1 MEXICO: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.2.7.2 MEXICO: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.2.7.3 MEXICO: MICRO-LED DISPLAY MARKET, BY DEPLOYMENT, 2018–2027 (USD MILLION)
9.3 EUROPE
9.3.1 EUROPE: MICRO-LED DISPLAY MARKET, BY COUNTRY, 2018–2027 (USD MILLION)
9.3.2 EUROPE: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.3.3 EUROPE: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.3.4 EUROPE: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.3.5 UK
9.3.5.1 UK: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.3.5.2 UK: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.3.5.3 UK: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.3.6 GERMANY
9.3.6.1 GERMANY: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.3.6.2 GERMANY: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.3.6.3 GERMANY: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.3.7 FRANCE
9.3.7.1 FRANCE: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.3.7.2 FRANCE: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.3.7.3 FRANCE: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.3.8 ITALY
9.3.8.1 ITALY: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.3.8.2 ITALY: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.3.8.3 ITALY: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.3.9 REST OF EUROPE
9.3.9.1 REST OF EUROPE: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.3.9.2 REST OF EUROPE: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.3.9.3 REST OF EUROPE: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.4 ASIA-PACIFIC
9.4.1 ASIA-PACIFIC: MICRO-LED DISPLAY MARKET, BY COUNTRY, 2018–2027 (USD MILLION)
9.4.2 ASIA-PACIFIC: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.4.3 ASIA-PACIFIC: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.4.4 ASIA-PACIFIC: MICRO-LED DISPLAY MARKET, BY DEPLOYMENT, 2018–2027 (USD MILLION)
9.4.5 CHINA
9.4.5.1 CHINA: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.4.5.2 CHINA: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.4.5.3 CHINA: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.4.6 JAPAN
9.4.6.1 JAPAN: MICRO-LED DISPLAY MARKET, BY COMPONENT, 2018–2027 (USD MILLION)
9.4.6.2 JAPAN: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.4.6.3 JAPAN: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.4.7 INDIA
9.4.7.1 INDIA: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.4.7.2 INDIA: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.4.7.3 INDIA: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.4.8 SINGAPORE
9.4.8.1 SINGAPORE: MICRO-LED DISPLAY MARKET, BY COMPONENT, 2018–2027 (USD MILLION)
9.4.8.2 SINGAPORE: MICRO-LED DISPLAY MARKET, BY PLATFORM, 2018–2027 (USD MILLION)
9.4.8.3 SINGAPORE: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.4.9 REST OF ASIA-PACIFIC
9.4.9.1 REST OF ASIA-PACIFIC: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.4.9.2 REST OF ASIA-PACIFIC: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.4.9.3 REST OF ASIA-PACIFIC: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.5.2 MIDDLE EAST & AFRICA: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.5.3 MIDDLE EAST & AFRICA: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
9.6 CENTRAL & SOUTH AMERICA
9.6.1 CENTRAL & SOUTH AMERICA: MICRO-LED DISPLAY MARKET, BY APPLICATION, 2018–2027 (USD MILLION)
9.6.2 CENTRAL & SOUTH AMERICA: MICRO-LED DISPLAY MARKET, BY PANEL SIZE, 2018–2027 (USD MILLION)
9.6.3 CENTRAL & SOUTH AMERICA: MICRO-LED DISPLAY MARKET, BY VERTICAL, 2018–2027 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE BENCHMARKING
10.2 VENDOR SHARE ANALYSIS
10.3 RECENT DEVELOPMENTS
10.3.1 PRODUCT DEVELOPMENTS
10.3.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS
11 COMPANY PROFILES
11.1 LG ELECTRONICS INC
11.1.1 COMPANY OVERVIEW
11.1.2 FINANCIAL OVERVIEW
11.1.3 PRODUCTS OFFERED
11.1.4 KEY DEVELOPMENTS
11.1.5 SWOT ANALYSIS
11.1.6 KEY STRATEGIES
11.2 X-CELEPRINT
11.2.1 COMPANY OVERVIEW
11.2.2 FINANCIAL OVERVIEW
11.2.3 PRODUCTS OFFERED
11.2.4 KEY DEVELOPMENTS
11.2.5 SWOT ANALYSIS
11.2.6 KEY STRATEGIES
11.3 EPISTAR CORPORATION
11.3.1 COMPANY OVERVIEW
11.3.2 FINANCIAL OVERVIEW
11.3.3 PRODUCTS OFFERED
11.3.4 KEY DEVELOPMENTS
11.3.5 SWOT ANALYSIS
11.3.6 KEY STRATEGIES
11.4 NANOSYS INC.
11.4.1 COMPANY OVERVIEW
11.4.2 FINANCIAL OVERVIEW
11.4.3 PRODUCTS OFFERED
11.4.4 KEY DEVELOPMENTS
11.4.5 SWOT ANALYSIS
11.4.6 KEY STRATEGIES
11.5 ELUX, INC.
11.5.1 COMPANY OVERVIEW
11.5.2 FINANCIAL OVERVIEW
11.5.3 PRODUCTS OFFERED
11.5.4 KEY DEVELOPMENTS
11.5.5 SWOT ANALYSIS
11.5.6 KEY STRATEGIES
11.6 JBD
11.6.1 COMPANY OVERVIEW
11.6.2 FINANCIAL OVERVIEW
11.6.3 PRODUCTS OFFERED
11.6.4 KEY DEVELOPMENTS
11.6.5 SWOT ANALYSIS
11.6.6 KEY STRATEGIES
11.7 ALEDIA
11.7.1 COMPANY OVERVIEW
11.7.2 FINANCIAL OVERVIEW
11.7.3 PRODUCTS OFFERED
11.7.4 KEY DEVELOPMENTS
11.7.5 SWOT ANALYSIS
11.7.6 KEY STRATEGIES
11.8 SONY CORPORATION
11.8.1 COMPANY OVERVIEW
11.8.2 FINANCIAL OVERVIEW
11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.8.4 KEY DEVELOPMENTS
11.8.5 SWOT ANALYSIS
11.8.6 KEY STRATEGIES
11.9 SAMSUNG ELECTRONICS
11.9.1 COMPANY OVERVIEW
11.9.2 FINANCIAL OVERVIEW
11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.9.4 KEY DEVELOPMENTS
11.9.5 SWOT ANALYSIS
11.9.6 KEY STRATEGIES
11.10 PLESSEY
11.10.1 COMPANY OVERVIEW
11.10.2 FINANCIAL OVERVIEW
11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.10.4 KEY DEVELOPMENTS
11.10.5 SWOT ANALYSIS
11.10.6 KEY STRATEGIES
11.11 PLAYNITRIDE INC.
11.11.1 COMPANY OVERVIEW
11.11.2 FINANCIAL OVERVIEW
11.11.3 PRODUCTS OFFERED
11.11.4 KEY DEVELOPMENTS
11.11.5 SWOT ANALYSIS
11.11.6 KEY STRATEGIES
Companies Mentioned
Thermo Fisher Scientific (US),
PerkinElmer Inc. (US),
3M (US),
Gilson Incorporated (US),
Gerstel GmbH & Co. KG (Germany),
Merck KGaA (Germany),
Agilent Technologies (US),
GL Sciences Inc. (Japan),
Biotage AB (Sweden),
Waters Corporation (US),
Tecan Trading AG (Switzerland),
Cytiva (US),
Pall Corporation (US),
Phenomenex Inc. (US),
and Sigma-Aldrich (US)
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