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MicroLED Market (Type: Display and Lighting; and Application: Smartphones, Smartwatches, Tablets, Laptops, Monitors, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

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  • Genesis Photonics Inc.
  • Wolfspeed, Inc.
  • Nichia Corporation
  • OSRAM GmbH
  • Samsung Electronics Co., Ltd.
  • Signify Holding
  • LG Electronics Co., Ltd.
  • Nanosys(Shoei Electronic Materials, Inc.)
  • JBD
  • Apple Inc.
  • Sony Corporation

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KSM 24.02.15

MicroLED Market - Scope of Report

TMR's report on the global microLED market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global microLED market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global microLED market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the microLED market.

Market Snapshot
Market Value in 2023US$ 136.7 Mn
Market Value in 2031US$ 843.6 Mn
CAGR22.5%

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global microLED market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global microLED market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global microLED market.

The report delves into the competitive landscape of the global microLED market. Key players operating in the global microLED market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global microLED market profiled in this report.

Key Questions Answered in Global microLED Market Report:

  • What is the sales/revenue generated by microLED across all regions during the forecast period?
  • What are the opportunities in the global microLED market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

MicroLED Market - Research Objectives and Research Approach

The comprehensive report on the global microLED market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global microLED market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global microLED market.

Table of Contents

1. Preface

  • 1.1. Market and Segment Definitions
  • 1.2. Market Taxonomy
  • 1.3. Research Methodology
  • 1.4. Assumption and Acronyms

2. Executive Summary

  • 2.1. Global MicroLED Market Overview
  • 2.2. Regional Outline
  • 2.3. Industry Outline
  • 2.4. Market Dynamics Snapshot
  • 2.5. Competition Blueprint

3. Market Dynamics

  • 3.1. Macro-economic Factors
  • 3.2. Drivers
  • 3.3. Restraints
  • 3.4. Opportunities
  • 3.5. Key Trends
  • 3.6. Regulatory Framework

4. Associated Industry and Key Indicator Assessment

  • 4.1. Parent Industry Overview - Industry Automation Overview
  • 4.2. Ecosystem Analysis
  • 4.3. Pricing Analysis
  • 4.4. Technology Roadmap Analysis
  • 4.5. Industry SWOT Analysis
  • 4.6. Porter Five Forces Analysis

5. Global MicroLED Market Analysis, by Type

  • 5.1. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 5.1.1. Display
    • 5.1.2. Lighting
  • 5.2. Market Attractiveness Analysis, by Type

6. Global MicroLED Market Analysis, by Application

  • 6.1. MicroLED Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 6.1.1. Smartphones
    • 6.1.2. Smartwatches
    • 6.1.3. Tablets
    • 6.1.4. Laptops
    • 6.1.5. Monitors
    • 6.1.6. Others
  • 6.2. Market Attractiveness Analysis, by Application

7. Global MicroLED Market Analysis and Forecast, by Region

  • 7.1. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Region, 2017-2031
    • 7.1.1. North America
    • 7.1.2. Europe
    • 7.1.3. Asia Pacific
    • 7.1.4. Middle East & Africa
    • 7.1.5. South America
  • 7.2. Market Attractiveness Analysis, by Region

8. North America MicroLED Market Analysis and Forecast

  • 8.1. Market Snapshot
  • 8.2. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 8.2.1. Display
    • 8.2.2. Lighting
  • 8.3. MicroLED Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 8.3.1. Smartphones
    • 8.3.2. Smartwatches
    • 8.3.3. Tablets
    • 8.3.4. Laptops
    • 8.3.5. Monitors
    • 8.3.6. Others
  • 8.4. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country, 2017-2031
    • 8.4.1. U.S.
    • 8.4.2. Canada
    • 8.4.3. Rest of North America
  • 8.5. Market Attractiveness Analysis
    • 8.5.1. By Type
    • 8.5.2. By Application
    • 8.5.3. By Country/Sub-region

9. Europe MicroLED Market Analysis and Forecast

  • 9.1. Market Snapshot
  • 9.2. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 9.2.1. Display
    • 9.2.2. Lighting
  • 9.3. MicroLED Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 9.3.1. Smartphones
    • 9.3.2. Smartwatches
    • 9.3.3. Tablets
    • 9.3.4. Laptops
    • 9.3.5. Monitors
    • 9.3.6. Others
  • 9.4. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 9.4.1. U.K.
    • 9.4.2. Germany
    • 9.4.3. France
    • 9.4.4. Rest of Europe
  • 9.5. Market Attractiveness Analysis
    • 9.5.1. By Type
    • 9.5.2. By Application
    • 9.5.3. By Country/Sub-region

10. Asia Pacific MicroLED Market Analysis and Forecast

  • 10.1. Market Snapshot
  • 10.2. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 10.2.1. Display
    • 10.2.2. Lighting
  • 10.3. MicroLED Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 10.3.1. Smartphones
    • 10.3.2. Smartwatches
    • 10.3.3. Tablets
    • 10.3.4. Laptops
    • 10.3.5. Monitors
    • 10.3.6. Others
  • 10.4. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 10.4.1. China
    • 10.4.2. Japan
    • 10.4.3. India
    • 10.4.4. South Korea
    • 10.4.5. ASEAN
    • 10.4.6. Rest of Asia Pacific
  • 10.5. Market Attractiveness Analysis
    • 10.5.1. By Type
    • 10.5.2. By Application
    • 10.5.3. By Country/Sub-region

11. Middle East & Africa MicroLED Market Analysis and Forecast

  • 11.1. Market Snapshot
  • 11.2. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 11.2.1. Display
    • 11.2.2. Lighting
  • 11.3. MicroLED Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 11.3.1. Smartphones
    • 11.3.2. Smartwatches
    • 11.3.3. Tablets
    • 11.3.4. Laptops
    • 11.3.5. Monitors
    • 11.3.6. Others
  • 11.4. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 11.4.1. GCC
    • 11.4.2. South Africa
    • 11.4.3. Rest of Middle East & Africa
  • 11.5. Market Attractiveness Analysis
    • 11.5.1. By Type
    • 11.5.2. By Application
    • 11.5.3. By Country/Sub-region

12. South America MicroLED Market Analysis and Forecast

  • 12.1. Market Snapshot
  • 12.2. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 12.2.1. Display
    • 12.2.2. Lighting
  • 12.3. MicroLED Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 12.3.1. Smartphones
    • 12.3.2. Smartwatches
    • 12.3.3. Tablets
    • 12.3.4. Laptops
    • 12.3.5. Monitors
    • 12.3.6. Others
  • 12.4. MicroLED Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 12.4.1. Brazil
    • 12.4.2. Rest of South America
  • 12.5. Market Attractiveness Analysis
    • 12.5.1. By Type
    • 12.5.2. By Application
    • 12.5.3. By Country/Sub-region

13. Competition Assessment

  • 13.1. Global MicroLED Market Competition Matrix - a Dashboard View
    • 13.1.1. Global MicroLED Market Company Share Analysis, by Value (2022)
    • 13.1.2. Technological Differentiator

14. Company Profiles (Global Manufacturers/Suppliers)

  • 14.1. Lumileds Holding B.V
    • 14.1.1. Overview
    • 14.1.2. Product Portfolio
    • 14.1.3. Sales Footprint
    • 14.1.4. Key Subsidiaries or Distributors
    • 14.1.5. Strategy and Recent Developments
    • 14.1.6. Key Financials
  • 14.2. Genesis Photonics Inc.
    • 14.2.1. Overview
    • 14.2.2. Product Portfolio
    • 14.2.3. Sales Footprint
    • 14.2.4. Key Subsidiaries or Distributors
    • 14.2.5. Strategy and Recent Developments
    • 14.2.6. Key Financials
  • 14.3. Wolfspeed, Inc.
    • 14.3.1. Overview
    • 14.3.2. Product Portfolio
    • 14.3.3. Sales Footprint
    • 14.3.4. Key Subsidiaries or Distributors
    • 14.3.5. Strategy and Recent Developments
    • 14.3.6. Key Financials
  • 14.4. Nichia Corporation
    • 14.4.1. Overview
    • 14.4.2. Product Portfolio
    • 14.4.3. Sales Footprint
    • 14.4.4. Key Subsidiaries or Distributors
    • 14.4.5. Strategy and Recent Developments
    • 14.4.6. Key Financials
  • 14.5. OSRAM GmbH
    • 14.5.1. Overview
    • 14.5.2. Product Portfolio
    • 14.5.3. Sales Footprint
    • 14.5.4. Key Subsidiaries or Distributors
    • 14.5.5. Strategy and Recent Developments
    • 14.5.6. Key Financials
  • 14.6. Samsung Electronics Co., Ltd.
    • 14.6.1. Overview
    • 14.6.2. Product Portfolio
    • 14.6.3. Sales Footprint
    • 14.6.4. Key Subsidiaries or Distributors
    • 14.6.5. Strategy and Recent Developments
    • 14.6.6. Key Financials
  • 14.7. Signify Holding
    • 14.7.1. Overview
    • 14.7.2. Product Portfolio
    • 14.7.3. Sales Footprint
    • 14.7.4. Key Subsidiaries or Distributors
    • 14.7.5. Strategy and Recent Developments
    • 14.7.6. Key Financials
  • 14.8. LG Electronics Co., Ltd.
    • 14.8.1. Overview
    • 14.8.2. Product Portfolio
    • 14.8.3. Sales Footprint
    • 14.8.4. Key Subsidiaries or Distributors
    • 14.8.5. Strategy and Recent Developments
    • 14.8.6. Key Financials
  • 14.9. Nanosys (Shoei Electronic Materials, Inc.)
    • 14.9.1. Overview
    • 14.9.2. Product Portfolio
    • 14.9.3. Sales Footprint
    • 14.9.4. Key Subsidiaries or Distributors
    • 14.9.5. Strategy and Recent Developments
    • 14.9.6. Key Financials
  • 14.10. JBD
    • 14.10.1. Overview
    • 14.10.2. Product Portfolio
    • 14.10.3. Sales Footprint
    • 14.10.4. Key Subsidiaries or Distributors
    • 14.10.5. Strategy and Recent Developments
    • 14.10.6. Key Financials
  • 14.11. Apple Inc.
    • 14.11.1. Overview
    • 14.11.2. Product Portfolio
    • 14.11.3. Sales Footprint
    • 14.11.4. Key Subsidiaries or Distributors
    • 14.11.5. Strategy and Recent Developments
    • 14.11.6. Key Financials
  • 14.12. Sony Corporation
    • 14.12.1. Overview
    • 14.12.2. Product Portfolio
    • 14.12.3. Sales Footprint
    • 14.12.4. Key Subsidiaries or Distributors
    • 14.12.5. Strategy and Recent Developments
    • 14.12.6. Key Financials

15. Go to Market Strategy

  • 15.1. Identification of Potential Market Spaces
  • 15.2. Preferred Sales & Marketing Strategy
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