마이크로 LED 디스플레이 : 세계 시장 전망 및 예측(2023-2028년)

The global micro-LED display market size was valued at USD 43.62 million in 2022 and is expected to grow at a CAGR of 135.88% during the forecast period.

MARKET TRENDS & OPPORTUNITIES

Growing Popularity of Wearable Devices

Wearable devices, encompassing a wide range of products, including smartwatches and fitness trackers, have become increasingly prevalent in today's tech-savvy society. These devices have revolutionized how we monitor and manage our health, stay connected, and access information on the go. One critical aspect that enables the functionality and appeal of these wearables is the display technology they employ. Small, lightweight, and energy-efficient displays are paramount to meet this market segment's stringent demands. In this regard, the micro-LED display market has emerged as a highly suitable and promising solution, owing to their minuscule size and exceptionally low power consumption.

Rise in Adoption of Electronic Displays in Automotives

The increasing demand for automotive technology and features directly impacts the rising demand for Micro-LED displays. This surge in demand is driven by various factors that make Micro-LED displays a preferred choice for automotive applications. Moreover, as vehicles become more advanced and technologically sophisticated, the need for high-quality displays in automotive interiors has grown significantly. Consumers now expect modern vehicles to come equipped with state-of-the-art infotainment systems, digital cockpits, and advanced driver assistance systems (ADAS).

INDUSTRY RESTRAINTS

High Competition from Other Display Technologies

The micro-LED display market faces intense competition from well-established counterparts, notably OLED (Organic Light-Emitting Diode) and LCD (Liquid Crystal Display). This competitive environment presents various challenges and considerations within the display industry. For instance, LCD technology remains dominant due to its cost-effectiveness, scalability, and versatility. The high competition from OLED and LCD technologies exerts pressure on the micro-LED display market on multiple fronts, such as price sensitivity, market penetration, and many more.

SEGMENTATION INSIGHTS

INSIGHTS BY APPLICATIONS

The TV & home cinema applications segment dominated the global micro-LED display market in 2022. The burgeoning popularity of TV and home cinema systems, driven by the widespread adoption of streaming services like Netflix, Amazon Prime, Hulu, and others, has led to a significant surge in demand for Micro LED displays. These advanced displays offer exceptional image quality, durability, and versatility, making them ideal for consumers seeking an immersive viewing experience. As technology evolves and becomes more affordable, Micro LED displays are poised to play a pivotal role in shaping the future of home entertainment and commercial applications. Furthermore, the heightened awareness and exposure to technology in tier 1 and tier 2 cities contribute significantly to adopting micro-LED. Residents in these areas are more attuned to technological advancements and are thus more receptive to innovative displays like micro-LED.

Segmentation by Applications

• TV & Home Cinema
• Digital Signage & Video Walls
• Wearable
• Smartphone & Tablets
• Monitors & Laptops
• Others

INSIGHTS BY PANEL SIZE

The global micro-LED display market by panel size is segmented into large, small, and medium. The large panel segment holds the most significant market share in 2022, attributed to the rising popularity of large-screen displays in various applications, including televisions, digital signage, and consumer electronics. The heightened demand for large panels can be attributed to the active participation of prominent manufacturers, including industry leaders such as Samsung, LG Electronics, SNA Displays, and several others. Moreover, the small segment has the highest CAGR due to the rising popularity of wearable devices like smartwatches and AR glasses. This has driven the demand for small, high-resolution displays that can fit comfortably on these devices.

Segmentation by Panel Size

• Large
• Small
• Medium

GEOGRAPHICAL ANALYSIS

The APAC region held the largest market share in the global micro-LED display market in 2022, driven by increasing demand for smartphones, automobiles, government support, and other factors. China, South Korea, and Japan are anticipated to play pivotal roles as significant growth drivers within the APAC region. The North American region contributed over 21% of the total revenue, primarily attributed to the presence of key manufacturers such as Samsung Electronics and Sony Corporation, along with a well-developed technological infrastructure. Moreover, Europe has several prominent micro-LED display manufacturers, including LG Electronics, Innolux Corporation, and AU Optronics Corporation.

Segmentation by Geography

• APAC
  • China
  • South Korea
  • Japan
  • Singapore
  • Rest of APAC
• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America

COMPETITIVE LANDSCAPE

The global micro-LED display market is in its early stages of development but is witnessing rapid growth, with several companies competing to develop and commercialize this transformative technology. Major players in the global micro-LED display market, including industry giants like Samsung Electronics, Sony, LG Electronics, AU Optronics, Plessey Semiconductors, and JBD, are making significant investments in research and development. They focus on developing micro-LED displays tailored for various applications, ranging from smartphones, smartwatches, televisions, and laptops to augmented and virtual reality (AR/VR) headsets. More than 20 companies are competing in this segment, and many large companies are entering this segment to capture the market share and reduce dependency on other companies. Bigger companies like Google are entering the micro-LED display market through inorganic growth, and some have invested mainly in research and development.

Key Company Profiles

• Aledia
• AUO
• LG Electronics
• Nanosys
• PlayNitride
• Plessey
• PRP Optoelectronics
• Saphlux
• Samsung Electronics
• Sony Corporation
• JBD

Other Prominent Vendors

• ams-OSRAM
• EPISTAR Corporation
• eLux
• LED Works
• Innolux Corporation
• KONKA
• Lumileds
• Lumens
• LEYARD VTEAM
• Ledman Optoelectronic
• Mojo Vision
• MICLEDI Microdisplays
• Ostendo Technologies
• Porotech
• Rohinni
• Raxium
• Seoul Viosys
• Tianma Europe
• Vuzix
• VueReal
• Xiaomi
• XDC

KEY QUESTIONS ANSWERED:

1. How big is the micro-LED display market?

2. What is the growth rate of the global micro-LED display market?

3. Which region dominates the global micro-LED display market share?

4. What are the significant trends in the micro-LED display industry?

5. Who are the key players in the global micro-LED display market?

TABLE OF CONTENTS

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

• 4.1 MARKET DEFINITION
  • 4.1.1 INCLUSIONS
  • 4.1.2 EXCLUSIONS
  • 4.1.3 MARKET ESTIMATION CAVEATS
• 4.2 BASE YEAR
• 4.3 SCOPE OF THE STUDY
  • 4.3.1 MARKET SEGMENTATION BY APPLICATIONS:
  • 4.3.2 MARKET SEGMENTATION BY PANEL SIZE:
  • 4.3.3 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

• 5.1 KEY CAVEATS
• 5.2 CURRENCY CONVERSION
• 5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

• 6.1 MARKET DEFINITION
• 6.2 REPORT OVERVIEW
• 6.3 OPPORTUNITIES & CHALLENGE ANALYSIS
• 6.4 SEGMENT ANALYSIS
• 6.5 REGIONAL ANALYSIS
• 6.6 COMPETITIVE LANDSCAPE
  • 6.6.1 BEGINNING OF MASS PRODUCTION IN THE MICRO-LED MARKET
  • 6.6.2 RECENT MARKET DEVELOPMENTS
  • 6.6.3 IMPACT OF MICRO-LED COST IN VARIOUS APPLICATIONS

7 MARKET AT A GLANCE

8 INTRODUCTION

• 8.1 OVERVIEW
  • 8.1.1 ADVANTAGES AND DISADVANTAGES OF MICRO-LEDS
  • 8.1.2 GAN-BASED MICRO-LED
  • 8.1.3 PRODUCT LIFECYCLE
• 8.2 MANUFACTURING
• 8.3 MONOLITHIC APPROACH
• 8.4 MAJOR CHALLENGES IN THE MARKET
  • 8.4.1 MASS TRANSFER
  • 8.4.2 REDUCED EQE WITH A SHRUNKEN CHIP SIZE
  • 8.4.3 STRUCTURE AND PROCESS DESIGN FROM A SYSTEM PERSPECTIVE
  • 8.4.4 DEFECTS MANAGEMENT
• 8.5 APPLICATIONS OF MICRO-LED
  • 8.5.1 DISPLAY APPLICATIONS
  • 8.5.2 OTHER NOVEL APPLICATIONS
• 8.6 TRENDS IN CONSUMER ELECTRONIC
  • 8.6.1 SMART TV
  • 8.6.2 AUDIO
  • 8.6.3 HEADPHONE AND WERABALES
  • 8.6.4 METAVERSE
  • 8.6.5 AR AND VR

9 MARKET OPPORTUNITIES & TRENDS

• 9.1 GROWING POPULARITY OF WEARABLE DEVICES
• 9.2 ADOPTION OF GAN-ON SILICON ON MICRO LED DISPLAY
• 9.3 MINIATURIZATION AND FLEXIBILITY

10 MARKET GROWTH ENABLERS

• 10.1 ADOPTION OF ELECTRONIC DISPLAYS IN AUTOMOTIVES
• 10.2 GROWING DEMAND FOR BRIGHTER AND POWER-EFFICIENT DISPLAY PANELS
• 10.3 INCREASED DEMAND FOR ELECTRONIC PRODUCTS

11 MARKET RESTRAINTS

• 11.1 HIGH MANUFACTURING COST
• 11.2 HIGH COMPETITION FROM OTHER DISPLAY TECHNOLOGIES
• 11.3 PRODUCTION & COMMERCIALIZATION ISSUES

12 MARKET LANDSCAPE

• 12.1 MARKET OVERVIEW
• 12.2 MARKET SIZE & FORECAST
• 12.3 DEMAND INSIGHTS
• 12.4 VENDOR ANALYSIS
• 12.5 FIVE FORCES ANALYSIS
  • 12.5.1 THREAT OF NEW ENTRANTS
  • 12.5.2 BARGAINING POWER OF SUPPLIERS
  • 12.5.3 BARGAINING POWER OF BUYERS
  • 12.5.4 THREAT OF SUBSTITUTES
  • 12.5.5 COMPETITIVE RIVALRY

13 APPLICATIONS

• 13.1 MARKET SNAPSHOT & GROWTH ENGINE
• 13.2 MARKET OVERVIEW
• 13.3 TV & HOME CINEMA
  • 13.3.1 MARKET OVERVIEW
  • 13.3.2 MARKET SIZE & FORECAST
  • 13.3.3 MARKET BY GEOGRAPHY
• 13.4 DIGITAL SIGNAGE AND VIDEO WALLS
  • 13.4.1 MARKET OVERVIEW
  • 13.4.2 MARKET SIZE & FORECAST
  • 13.4.3 MARKET BY GEOGRAPHY
• 13.5 WEARABLES
  • 13.5.1 MARKET OVERVIEW
  • 13.5.2 MARKET SIZE & FORECAST
  • 13.5.3 MARKET BY GEOGRAPHY
• 13.6 SMARTPHONE & TABLETS
  • 13.6.1 MARKET OVERVIEW
  • 13.6.2 MARKET SIZE & FORECAST
  • 13.6.3 MARKET BY GEOGRAPHY
• 13.7 MONITORS & LAPTOPS
  • 13.7.1 MARKET OVERVIEW
  • 13.7.2 MARKET SIZE & FORECAST
  • 13.7.3 MARKET BY GEOGRAPHY
• 13.8 OTHERS
  • 13.8.1 MARKET OVERVIEW
  • 13.8.2 MARKET SIZE & FORECAST
  • 13.8.3 MARKET BY GEOGRAPHY

14 PANEL SIZE

• 14.1 MARKET SNAPSHOT & GROWTH ENGINE
• 14.2 MARKET OVERVIEW
• 14.3 LARGE
  • 14.3.1 MARKET OVERVIEW
  • 14.3.2 MARKET SIZE & FORECAST
  • 14.3.3 MARKET BY GEOGRAPHY
• 14.4 SMALL
  • 14.4.1 MARKET OVERVIEW
  • 14.4.2 MARKET SIZE & FORECAST
  • 14.4.3 MARKET BY GEOGRAPHY
• 14.5 MEDIUM
  • 14.5.1 MARKET OVERVIEW
  • 14.5.2 MARKET SIZE & FORECAST
  • 14.5.3 MARKET BY GEOGRAPHY

15 GEOGRAPHY

• 15.1 MARKET SNAPSHOT & GROWTH ENGINE
• 15.2 GEOGRAPHIC OVERVIEW

16 APAC

• 16.1 MARKET OVERVIEW
• 16.2 MARKET SIZE & FORECAST
• 16.3 APPLICATIONS
  • 16.3.1 MARKET SIZE & FORECAST
• 16.4 PANEL SIZE
  • 16.4.1 MARKET SIZE & FORECAST
• 16.5 KEY COUNTRIES
• 16.6 CHINA: MARKET SIZE & FORECAST
• 16.7 SOUTH KOREA: MARKET SIZE & FORECAST
• 16.8 JAPAN: MARKET SIZE & FORECAST
• 16.9 SINGAPORE: MARKET SIZE & FORECAST
• 16.10 REST OF APAC: MARKET SIZE & FORECAST

17 NORTH AMERICA

• 17.1 MARKET OVERVIEW
• 17.2 MARKET SIZE & FORECAST
• 17.3 APPLICATIONS
  • 17.3.1 MARKET SIZE & FORECAST
• 17.4 PANEL SIZE
  • 17.4.1 MARKET SIZE & FORECAST
• 17.5 KEY COUNTRIES
• 17.6 US: MARKET SIZE & FORECAST
• 17.7 CANADA: MARKET SIZE & FORECAST

18 EUROPE

• 18.1 MARKET OVERVIEW
• 18.2 MARKET SIZE & FORECAST
• 18.3 APPLICATIONS
  • 18.3.1 MARKET SIZE & FORECAST
• 18.4 PANEL SIZE
  • 18.4.1 MARKET SIZE & FORECAST
• 18.5 KEY COUNTRIES
• 18.6 GERMANY: MARKET SIZE & FORECAST
• 18.7 UK: MARKET SIZE & FORECAST
• 18.8 FRANCE: MARKET SIZE & FORECAST
• 18.9 ITALY: MARKET SIZE & FORECAST
• 18.10 SPAIN: MARKET SIZE & FORECAST

19 MIDDLE EAST AND AFRICA

• 19.1 MARKET OVERVIEW
• 19.2 MARKET SIZE & FORECAST
• 19.3 APPLICATIONS
  • 19.3.1 MARKET SIZE & FORECAST
• 19.4 PANEL SIZE
  • 19.4.1 MARKET SIZE & FORECAST
• 19.5 KEY COUNTRIES
• 19.6 UAE: MARKET SIZE & FORECAST
• 19.7 SAUDI ARABIA: MARKET SIZE & FORECAST
• 19.8 SOUTH AFRICA: MARKET SIZE & FORECAST
• 19.9 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE & FORECAST

20 LATIN AMERICA

• 20.1 MARKET OVERVIEW
• 20.2 MARKET SIZE & FORECAST
• 20.3 APPLICATIONS
  • 20.3.1 MARKET SIZE & FORECAST
• 20.4 PANEL SIZE
  • 20.4.1 MARKET SIZE & FORECAST
• 20.5 KEY COUNTRIES
• 20.6 BRAZIL: MARKET SIZE & FORECAST
• 20.7 MEXICO: MARKET SIZE & FORECAST
• 20.8 REST OF LATIN AMERICA: MARKET SIZE & FORECAST

21 COMPETITIVE LANDSCAPE

• 21.1 COMPETITION OVERVIEW

22 KEY COMPANY PROFILES

• 22.1 ALEDIA
  • 22.1.1 BUSINESS OVERVIEW
  • 22.1.2 PRODUCT OFFERINGS
  • 22.1.3 KEY STRATEGIES
  • 22.1.4 KEY STRENGTHS
  • 22.1.5 KEY OPPORTUNITIES
• 22.2 AUO
  • 22.2.1 BUSINESS OVERVIEW
  • 22.2.2 PRODUCT OFFERINGS
  • 22.2.3 KEY STRATEGIES
  • 22.2.4 KEY STRENGTHS
  • 22.2.5 KEY OPPORTUNITIES
• 22.3 LG ELECTRONICS
  • 22.3.1 BUSINESS OVERVIEW
  • 22.3.2 PRODUCT OFFERINGS
  • 22.3.3 KEY STRATEGIES
  • 22.3.4 KEY STRENGTHS
  • 22.3.5 KEY OPPORTUNITIES
• 22.4 NANOSYS
  • 22.4.1 BUSINESS OVERVIEW
  • 22.4.2 PRODUCT OFFERINGS
  • 22.4.3 KEY STRATEGIES
  • 22.4.4 KEY STRENGTHS
  • 22.4.5 KEY OPPORTUNITIES
• 22.5 PLAYNITRIDE
  • 22.5.1 BUSINESS OVERVIEW
  • 22.5.2 PRODUCT OFFERINGS
  • 22.5.3 KEY STRATEGIES
  • 22.5.4 KEY STRENGTHS
  • 22.5.5 KEY OPPORTUNITIES
• 22.6 PLESSEY
  • 22.6.1 BUSINESS OVERVIEW
  • 22.6.2 PRODUCT OFFERINGS
  • 22.6.3 KEY STRATEGIES
  • 22.6.4 KEY STRENGTHS
  • 22.6.5 KEY OPPORTUNITIES
• 22.7 PRP OPTOELECTRONICS
  • 22.7.1 BUSINESS OVERVIEW
  • 22.7.2 PRODUCT OFFERINGS
  • 22.7.3 KEY STRATEGIES
  • 22.7.4 KEY STRENGTHS
  • 22.7.5 KEY OPPORTUNITIES
• 22.8 SAPHLUX
  • 22.8.1 BUSINESS OVERVIEW
  • 22.8.2 PRODUCT OFFERINGS
  • 22.8.3 KEY STRATEGIES
  • 22.8.4 KEY STRENGTHS
  • 22.8.5 KEY OPPORTUNITIES
• 22.9 SAMSUNG ELECTRONICS
  • 22.9.1 BUSINESS OVERVIEW
  • 22.9.2 PRODUCT OFFERINGS
  • 22.9.3 KEY STRATEGIES
  • 22.9.4 KEY STRENGTHS
  • 22.9.5 KEY OPPORTUNITIES
• 22.10 SONY CORPORATION
  • 22.10.1 BUSINESS OVERVIEW
  • 22.10.2 PRODUCT OFFERINGS
  • 22.10.3 KEY STRATEGIES
  • 22.10.4 KEY STRENGTHS
  • 22.10.5 KEY OPPORTUNITIES
• 22.11 JBD
  • 22.11.1 BUSINESS OVERVIEW
  • 22.11.2 PRODUCT OFFERINGS
  • 22.11.3 KEY STRATEGIES
  • 22.11.4 KEY STRENGTHS
  • 22.11.5 KEY OPPORTUNITIES

23 OTHER PROMINENT VENDORS

• 23.1 AMS-OSRAM
  • 23.1.1 BUSINESS OVERVIEW
  • 23.1.2 PRODUCT OFFERINGS
• 23.2 EPISTAR CORPORATION
  • 23.2.1 BUSINESS OVERVIEW
  • 23.2.2 PRODUCT OFFERINGS
• 23.3 ELUX
  • 23.3.1 BUSINESS OVERVIEW
  • 23.3.2 PRODUCT OFFERINGS
• 23.4 LED WORKS
  • 23.4.1 BUSINESS OVERVIEW
  • 23.4.2 PRODUCT OFFERINGS
• 23.5 INNOLUX CORPORATION
  • 23.5.1 BUSINESS OVERVIEW
  • 23.5.2 PRODUCT OFFERINGS
• 23.6 KONKA
  • 23.6.1 BUSINESS OVERVIEW
  • 23.6.2 PRODUCT OFFERINGS
• 23.7 LUMILEDS
  • 23.7.1 BUSINESS OVERVIEW
  • 23.7.2 PRODUCT OFFERINGS
• 23.8 LUMENS
  • 23.8.1 BUSINESS OVERVIEW
  • 23.8.2 PRODUCT OFFERINGS
• 23.9 LEYARD VTEAM
  • 23.9.1 BUSINESS OVERVIEW
  • 23.9.2 PRODUCT OFFERINGS
• 23.10 LEDMAN OPTOELECTRONIC
  • 23.10.1 BUSINESS OVERVIEW
  • 23.10.2 PRODUCT OFFERINGS
• 23.11 MOJO VISION
  • 23.11.1 BUSINESS OVERVIEW
  • 23.11.2 PRODUCT OFFERINGS
• 23.12 MICLEDI MICRODISPLAYS
  • 23.12.1 BUSINESS OVERVIEW
  • 23.12.2 PRODUCT OFFERINGS
• 23.13 OSTENDO TECHNOLOGIES
  • 23.13.1 BUSINESS OVERVIEW
  • 23.13.2 PRODUCT OFFERINGS
• 23.14 POROTECH
  • 23.14.1 BUSINESS OVERVIEW
  • 23.14.2 PRODUCT OFFERINGS
• 23.15 ROHINNI
  • 23.15.1 BUSINESS OVERVIEW
  • 23.15.2 PRODUCT OFFERINGS
• 23.16 RAXIUM
  • 23.16.1 BUSINESS OVERVIEW
  • 23.16.2 PRODUCT OFFERINGS
• 23.17 SEOUL VIOSYS
  • 23.17.1 BUSINESS OVERVIEW
  • 23.17.2 PRODUCT OFFERINGS
• 23.18 TIANMA EUROPE
  • 23.18.1 BUSINESS OVERVIEW
  • 23.18.2 PRODUCT OFFERINGS
• 23.19 VUZIX
  • 23.19.1 BUSINESS OVERVIEW
  • 23.19.2 PRODUCT OFFERINGS
• 23.20 VUEREAL
  • 23.20.1 BUSINESS OVERVIEW
  • 23.20.2 PRODUCT OFFERINGS
• 23.21 XIAOMI
  • 23.21.1 BUSINESS OVERVIEW
  • 23.21.2 PRODUCT OFFERINGS
• 23.22 XDC
  • 23.22.1 BUSINESS OVERVIEW
  • 23.22.2 PRODUCT OFFERINGS

24 REPORT SUMMARY

• 24.1 KEY TAKEAWAYS
• 24.2 STRATEGIC RECOMMENDATIONS

25 QUANTITATIVE SUMMARY

• 25.1 MARKET BY GEOGRAPHY
• 25.2 MARKET BY APPLICATIONS
• 25.3 MARKET BY PANEL SIZE
• 25.4 APAC
  • 25.4.1 APPLICATIONS: MARKET SIZE & FORECAST
  • 25.4.2 PANEL SIZE: MARKET SIZE & FORECAST
• 25.5 NORTH AMERICA
  • 25.5.1 APPLICATIONS: MARKET SIZE & FORECAST
  • 25.5.2 PANEL SIZE: MARKET SIZE & FORECAST
• 25.6 EUROPE
  • 25.6.1 APPLICATIONS: MARKET SIZE & FORECAST
  • 25.6.2 PANEL SIZE: MARKET SIZE & FORECAST
• 25.7 MIDDLE EAST & AFRICA
  • 25.7.1 APPLICATIONS: MARKET SIZE & FORECAST
  • 25.7.2 PANEL SIZE: MARKET SIZE & FORECAST
• 25.8 LATIN AMERICA
  • 25.8.1 APPLICATIONS: MARKET SIZE & FORECAST
  • 25.8.2 PANEL SIZE: MARKET SIZE & FORECAST

26 APPENDIX

• 26.1 ABBREVIATIONS