The Asia Pacific Micro-LED Market would witness market growth of 77.4% CAGR during the forecast period (2021-2027).
Micro-LED displays are a category of displays in which each pixel is made up of a series of minuscule light-emitting diodes (LEDs). For fine pixel pitch displays, micro-LED displays offer high wavelength uniformity. In comparison to OLEDs and LCDs, it also has the advantages of lower power consumption, enhanced brightness, improved color saturation, ultrahigh definition picture quality, and a faster response time. Due to this, display panel makers such as LG, Innolux, Samsung, and AU Optronics are expected to benefit from the rising market for smart wearables. These companies are likely to incorporate with GaN micro-LED startups to invest in such applications.
Due to the rising demand for energy-efficient lighting systems in the residential sector, the LED lighting and accessories market in the Asia Pacific is likely to increase in the near future. The burgeoning construction market, together with increasing government investment in infrastructure initiatives like Smart Cities initiatives in various countries across the APAC region, will drive the LED lighting and fixture market to new heights.
Several government programs in the region aimed at increasing energy efficiency have aided the growth of the regional LED lighting industry significantly. Several government projects in India are underway to increase energy efficiency.
The China market dominated the Asia Pacific Micro-LED Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,074.8 million by 2027. The Japan market is estimated to grow at a CAGR of 76.2% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 78.6% during (2021 - 2027).
Based on Application, the market is segmented into Display and Lighting. Based on Display Type, the market is segmented into Smartphones & Tablets, Smartwatch, Television, Near-to-Eye Devices, Head-up-displays, Digital Signage, and Others. Based on Lighting Type, the market is segmented into General Lighting and Automotive Lighting. Based on Panel Size, the market is segmented into Small & Medium-sized Panel, Large Panels and Micro Display. Based on Vertical, the market is segmented into Consumer Electronics, Advertising, Automotive, Aerospace & Defense and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Micro-LED Market is Projected to reach USD 19.8 Billion by 2027, at a CAGR of 76.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Sony Corporation, Apple, Inc., Ostendo Technologies, Inc., Lumens.com, Konka Group Co., Ltd., Tianma Microelectronics Co., Ltd., X-Celeprint Limited (Xtrion N.V.), Nanosys, Inc., and Visionox Technology, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
By Display Type
- Smartphones & Tablets
- Smartwatch
- Television
- Near-to-Eye Devices
- Head-up-displays
- Digital Signage, and
- Others
By Lighting Type
- General Lighting and
- Automotive Lighting
By Panel Size
- Small & Medium-sized Panel
- Large Panels
- Micro Display
By Vertical
- Consumer Electronics
- Advertising
- Automotive
- Aerospace & Defense
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Samsung Electronics Co., Ltd. (Samsung Group)
- Sony Corporation
- Apple, Inc.
- Ostendo Technologies, Inc.
- Lumens.com
- Konka Group Co., Ltd.
- Tianma Microelectronics Co., Ltd.
- X-Celeprint Limited (Xtrion N.V.)
- Nanosys, Inc.
- Visionox Technology, Inc.
TABLE 1 Asia Pacific Micro-LED Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Micro-LED Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Display Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Display Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Display Market by Type, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Display Market by Type, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Smartphones & Tablets Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Smartphones & Tablets Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Smartwatch Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Smartwatch Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Television Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Television Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Near-to-Eye Devices Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Near-to-Eye Devices Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Head-up-displays Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Head-up-displays Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Digital Signage Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Digital Signage Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Other Display Type Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Other Display Type Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Lighting Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Lighting Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Lighting Market by Type, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Lighting Market by Type, 2021 - 2027, USD Million
TABLE 27 Asia Pacific General Lighting Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific General Lighting Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Automotive Lighting Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Automotive Lighting Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Small & Medium-sized Panel Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Small & Medium-sized Panel Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Large Panels Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Large Panels Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Micro Display Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Micro Display Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Advertising Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Advertising Market by Country, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Automotive Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Automotive Market by Country, 2021 - 2027, USD Million
TABLE 47 Asia Pacific Aerospace & Defense Market by Country, 2017 - 2020, USD Million
TABLE 48 Asia Pacific Aerospace & Defense Market by Country, 2021 - 2027, USD Million
TABLE 49 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 50 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 51 Asia Pacific Micro-LED Market by Country, 2017 - 2020, USD Million
TABLE 52 Asia Pacific Micro-LED Market by Country, 2021 - 2027, USD Million
TABLE 53 China Micro-LED Market, 2017 - 2020, USD Million
TABLE 54 China Micro-LED Market, 2021 - 2027, USD Million
TABLE 55 China Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 56 China Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 57 China Display Market by Type, 2017 - 2020, USD Million
TABLE 58 China Display Market by Type, 2021 - 2027, USD Million
TABLE 59 China Lighting Market by Type, 2017 - 2020, USD Million
TABLE 60 China Lighting Market by Type, 2021 - 2027, USD Million
TABLE 61 China Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 62 China Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 63 China Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 64 China Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 65 Japan Micro-LED Market, 2017 - 2020, USD Million
TABLE 66 Japan Micro-LED Market, 2021 - 2027, USD Million
TABLE 67 Japan Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 68 Japan Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 69 Japan Display Market by Type, 2017 - 2020, USD Million
TABLE 70 Japan Display Market by Type, 2021 - 2027, USD Million
TABLE 71 Japan Lighting Market by Type, 2017 - 2020, USD Million
TABLE 72 Japan Lighting Market by Type, 2021 - 2027, USD Million
TABLE 73 Japan Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 74 Japan Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 75 Japan Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 76 Japan Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 77 India Micro-LED Market, 2017 - 2020, USD Million
TABLE 78 India Micro-LED Market, 2021 - 2027, USD Million
TABLE 79 India Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 80 India Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 81 India Display Market by Type, 2017 - 2020, USD Million
TABLE 82 India Display Market by Type, 2021 - 2027, USD Million
TABLE 83 India Lighting Market by Type, 2017 - 2020, USD Million
TABLE 84 India Lighting Market by Type, 2021 - 2027, USD Million
TABLE 85 India Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 86 India Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 87 India Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 88 India Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 89 South Korea Micro-LED Market, 2017 - 2020, USD Million
TABLE 90 South Korea Micro-LED Market, 2021 - 2027, USD Million
TABLE 91 South Korea Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 92 South Korea Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 93 South Korea Display Market by Type, 2017 - 2020, USD Million
TABLE 94 South Korea Display Market by Type, 2021 - 2027, USD Million
TABLE 95 South Korea Lighting Market by Type, 2017 - 2020, USD Million
TABLE 96 South Korea Lighting Market by Type, 2021 - 2027, USD Million
TABLE 97 South Korea Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 98 South Korea Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 99 South Korea Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 100 South Korea Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 101 Singapore Micro-LED Market, 2017 - 2020, USD Million
TABLE 102 Singapore Micro-LED Market, 2021 - 2027, USD Million
TABLE 103 Singapore Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 104 Singapore Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 105 Singapore Display Market by Type, 2017 - 2020, USD Million
TABLE 106 Singapore Display Market by Type, 2021 - 2027, USD Million
TABLE 107 Singapore Lighting Market by Type, 2017 - 2020, USD Million
TABLE 108 Singapore Lighting Market by Type, 2021 - 2027, USD Million
TABLE 109 Singapore Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 110 Singapore Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 111 Singapore Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 112 Singapore Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 113 Malaysia Micro-LED Market, 2017 - 2020, USD Million
TABLE 114 Malaysia Micro-LED Market, 2021 - 2027, USD Million
TABLE 115 Malaysia Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 116 Malaysia Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 117 Malaysia Display Market by Type, 2017 - 2020, USD Million
TABLE 118 Malaysia Display Market by Type, 2021 - 2027, USD Million
TABLE 119 Malaysia Lighting Market by Type, 2017 - 2020, USD Million
TABLE 120 Malaysia Lighting Market by Type, 2021 - 2027, USD Million
TABLE 121 Malaysia Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 122 Malaysia Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 123 Malaysia Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 124 Malaysia Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 125 Rest of Asia Pacific Micro-LED Market, 2017 - 2020, USD Million
TABLE 126 Rest of Asia Pacific Micro-LED Market, 2021 - 2027, USD Million
TABLE 127 Rest of Asia Pacific Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 128 Rest of Asia Pacific Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 129 Rest of Asia Pacific Display Market by Type, 2017 - 2020, USD Million
TABLE 130 Rest of Asia Pacific Display Market by Type, 2021 - 2027, USD Million
TABLE 131 Rest of Asia Pacific Lighting Market by Type, 2017 - 2020, USD Million
TABLE 132 Rest of Asia Pacific Lighting Market by Type, 2021 - 2027, USD Million
TABLE 133 Rest of Asia Pacific Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 134 Rest of Asia Pacific Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 135 Rest of Asia Pacific Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 136 Rest of Asia Pacific Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 137 Key Information –Samsung Electronics Co., Ltd.
TABLE 138 Key Information – Sony Corporation
TABLE 139 Key Information – Apple, Inc.
TABLE 140 Key Information – Ostendo Technologies, Inc.
TABLE 141 Key Information – Lumens.com
TABLE 142 Key Information – Konka Group Co., Ltd.
TABLE 143 Key Information – Tianma Microelectronics Co., Ltd.
TABLE 144 Key Information – X-Celeprint Limited
TABLE 145 Key Information – Nanosys, Inc.
TABLE 146 Key Information – Visionox Technology, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 3 Swot analysis: sony corporation
FIG 4 SWOT Analysis: apple, Inc.