PUNE, India, April 23, 2017 /PRNewswire-iReach/ -- The
smartphones are expected to grow at the highest rate in the
micro-LED market. There is a huge market potential for micro-LED
display devices in the consumer electronics vertical due to the
increasing demand for devices such as smartphones and smart
wearables. Smartphones are expected to witness high growth in
shipments between 2021 and 2025. Premium smartphones in the display
market usually incorporate the latest available display technology
owing to superior quality pictures that it offers. Micro-LED
technology, once commercialized for smartphones, is expected to
penetrate into the premium smartphone market at a high rate.
Complete report on "Micro-LED Market" spread across 164
pages, profiling 11 companies and supported with 32 tables and 93
figures is now available at
http://www.rnrmarketresearch.com/micro-led-market-by-offering-display-panel-and-lighting-device-application-smartwatch-nte-device-smartphone-tablet-laptop-pc-monitor-tv-hud-digital-signage-display-lighting-vertical-aqnd-geography-st-to-2025-market-report.html
.
North America is expected to
hold the largest share of the micro-LED market owing to the high
adoption rate of the latest display and lighting technologies,
especially in the consumer electronics and retail verticals.
North America holds the largest
market size and APAC witness the highest growth in the micro-LED
market. The market in the APAC region is expected to grow at the
highest rate due to the presence of major display panel
manufacturers, LED foundries, and brand product manufacturers in
the region - companies usually launch their new products or
technologies in their native regions. Early exposure to the latest
display and lighting products is expected to be the driving factor
for the growth of the market in the consumer electronics and other
industries in APAC.
The rising demand for OLED displays, high growth of the flexible
display market, and adoption of folded displays for smartphones in
the near future are restraining the growth of the market. Devices
such as TV, smartphone, tablet, laptop, PC monitor, and smart
wearables come under consumer electronics. These applications
account for a significant share of the micro-LED market, thereby
the consumer electronics industry. Rising demand for attractive and
high specification display products is the main driver for the high
growth and large market share of the consumer electronics
vertical.
The consumer electronics hold the largest share of the micro-LED
market between 2019 and 2025. This report segments the micro-LED
market comprehensively and provides the closest market size
estimation for major industry verticals and applications across
various regions. This report is likely to help stakeholders better
understand their competitors and gain insights on ways to improve
their position in the business. The competitive landscape section
includes the competitor ecosystem, overview of the business
strategies of Top 25 players and respective product (technology)
offerings, new product or prototype developments, partnerships, and
mergers and acquisitions.
This research study is obliging for following audience:
- LED supply chain
- Display panel manufacturers
- Brand customers/OEMs/ODMs
- OSAT and foundries
- Display-related service providers
- Display-related associations, organizations, forums, and
alliances
- Government bodies such as regulating authorities and policy
makers
- Venture capitalists, financial and strategic investors, and
start-ups
- Semiconductor component suppliers
- Display panel and device distributors and sales firms
- Display and lighting device end users
- Research institutes, organizations, and consulting
companies
The report profiles the key players in the micro-LED market. The
prominent players profiled in this report are Apple, Inc. (U.S.),
Sony Corp. (Japan), and Oculus VR
(U.S.), VerLASE Technologies LLC (U.S.), X-Celeprint Ltd.
(Ireland), Ostendo Technologies
Inc. (U.S.), Cooledge Lighting Inc. (Canada), Aledia
(France), GLO AB (Sweden),
Rohinni LLC (U.S.), and Epistar Corp. (Taiwan).Download PDF Brochure
"Micro-LED Market by Offering (Display Panel and Lighting Device),
Application (Smartwatch, NTE Device, Smartphone & Tablet,
Laptop & PC Monitor, TV, HUD, Digital Signage Display,
Lighting), Vertical, aqnd Geography - Global Forecast to 2025"
research report at
http://www.rnrmarketresearch.com/contacts/request-sample?rname=969924
.
In the process of determining and verifying, the market size for
several segments and sub segments gathered through secondary
research, extensive primary interviews were conducted with key
people. In Tier 1 (10%), Tier 2 (48%) and Tier 3 (42%) companies
were contacted for primary interviews. The interviews were
conducted with various key people such as C-Level (65%), Directors
(24%) and others (11%) from various key organizations operating in
the micro-LED market. The primary interviews were conducted
worldwide covering regions such as North
America (45%), Europe
(30%), APAC (20%) and Row (5%).
Research Coverage: This research report categorizes the market
by offering, vertical, application, and geography. It provides
patent analysis and possible market value chain of the micro-LED
market. The report also discusses major drivers, restraints,
challenges, and opportunities for the market. Key players have been
strategically profiled across the value chain. Report also provides
the competitive analysis of Top 25 players in the market with their
product (technology) offering and business strategies.
On a related note, another research titled LED Materials
Market Global Forecast to 2021 says, the global LED materials
market is projected to reach $12.55
billion by 2021, at a CAGR of 9.9% from 2016 to 2021. Wafers
are the fastest-growing material type segment during the forecast
period. Rising demand in Asia-Pacific is the major driver of the LED
materials market. Companies such as Sumitomo electric (Japan), Hitachi Metals (Japan), Cree, Inc. (U.S.), Seoul
Semiconductors (South Korea),
Nichia Corporation (Japan),
Epistar Corporation (Taiwan),
Koninklijke Philips N.V. (Netherlands), OSRAM Licht AG (Germany), II-VI incorporated (U.S.), and
AkzoNobel (Netherlands) have been
profiled in this 121 pages research report available at
http://www.rnrmarketresearch.com/led-materials-market-by-material-type-substrate-wafer-epitaxy-phosphor-application-general-lighting-residential-industrial-outdoor-automotive-lighting-interior-exterior-backlighting-and-region-gl-st-to-2021-market-report.html
.
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