Lucintel’s latest market report analyzed that micro LED provides attractive opportunities in the consumer electronics, automotive, advertisement, and aerospace & defense industries. The micro LED market is expected to reach $14.7 billion by 2027 with a CAGR of 80%. In this market, display is the largest segment by application, whereas large panel is largest by panel size.
Download Brochure of this report by clicking on https://www.lucintel.com/micro-led-market.aspx Based on application, the micro LED market is segmented into display and lighting. The display segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand for better display solutions.
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The Micro LED Market is marked by the presence of several big and small players. Some of the prominent players offering micro LED include Apple Inc, Samsung Electronics, Sony Corporation, Epistar Corporation, Lumens, Plessy Semiconductor, X-Celeprint, PlayNitride, VerLASE Technologies LLC, Plessey Semiconductor Ltd., JBD Inc., Ostendo Technologies, Inc., MICLEDI, Microluce.
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