The Europe Micro-LED Market would witness market growth of 75.9% CAGR during the forecast period (2021-2027).
Nowadays, micro-LEDs are being adopted over traditional LCOS and DLP technologies due to the desire for higher-quality HMDs and functionality upgrades to enable the ongoing development and commercialization of high-quality AR/VR solutions. InfiniLED, an Irish micro-LED business, was recently bought by Oculus, a virtual reality headgear maker owned by Facebook. Moreover, according to Intel, the AR/VR market's revenue potential remains robust. Such tendencies indicate that the market under consideration has a great development potential throughout the forecast period.
GaN micro-LED has greater tendencies to penetrate into the average household, leveraging customer demand for high-quality home entertainment options. Consumers are becoming accustomed to high-end home entertainment alternatives as a result of video-streaming services across many platforms, resulting in a desire for greater display with each invention. 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.
The European Union's legislative regulations prohibiting the sale of insufficient lighting technologies have been a major driver of LED product demand in Europe. In Europe, incandescent bulbs were discontinued in 2009. Directional halogen bulbs were discontinued in 2016. Similarly, the sale of non-directional halogen bulbs was prohibited in the region in September 2018. Consumers have been able to gradually replace old lighting items with LED technology-based goods thanks due to these policy actions. Moreover, moving to energy-efficient LED lights has given significant environmental benefits in addition to financial savings for consumers. The rise of the regional automobile and IT industries has boosted the European commercial and industrial sector. The region has also recovered from the 2008 financial crisis, with most afflicted industries experiencing consistent growth over time.
The Germany market dominated the Europe Micro-LED Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,279.4 million by 2027. The UK market anticipated to grow at a CAGR of 74.5% during (2021 - 2027). Additionally, The France market would witness a CAGR of 77.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Micro-LED Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Micro-LED Market, 2017 - 2020, USD Million
TABLE 2 Europe Micro-LED Market, 2021 - 2027, USD Million
TABLE 3 Europe Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 4 Europe Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 5 Europe Display Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe Display Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Display Market by Type, 2017 - 2020, USD Million
TABLE 8 Europe Display Market by Type, 2021 - 2027, USD Million
TABLE 9 Europe Smartphones & Tablets Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Smartphones & Tablets Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Smartwatch Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Smartwatch Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Television Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Television Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Near-to-Eye Devices Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Near-to-Eye Devices Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Head-up-displays Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Head-up-displays Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Digital Signage Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Digital Signage Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Other Display Type Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Other Display Type Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Lighting Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Lighting Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Lighting Market by Type, 2017 - 2020, USD Million
TABLE 26 Europe Lighting Market by Type, 2021 - 2027, USD Million
TABLE 27 Europe General Lighting Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe General Lighting Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Automotive Lighting Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Automotive Lighting Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 32 Europe Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 33 Europe Small & Medium-sized Panel Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Small & Medium-sized Panel Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Large Panels Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Large Panels Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe Micro Display Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Micro Display Market by Country, 2021 - 2027, USD Million
TABLE 39 Europe Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 40 Europe Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 41 Europe Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 42 Europe Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 43 Europe Advertising Market by Country, 2017 - 2020, USD Million
TABLE 44 Europe Advertising Market by Country, 2021 - 2027, USD Million
TABLE 45 Europe Automotive Market by Country, 2017 - 2020, USD Million
TABLE 46 Europe Automotive Market by Country, 2021 - 2027, USD Million
TABLE 47 Europe Aerospace & Defense Market by Country, 2017 - 2020, USD Million
TABLE 48 Europe Aerospace & Defense Market by Country, 2021 - 2027, USD Million
TABLE 49 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 50 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 51 Europe Micro-LED Market by Country, 2017 - 2020, USD Million
TABLE 52 Europe Micro-LED Market by Country, 2021 - 2027, USD Million
TABLE 53 Germany Micro-LED Market, 2017 - 2020, USD Million
TABLE 54 Germany Micro-LED Market, 2021 - 2027, USD Million
TABLE 55 Germany Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 56 Germany Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 57 Germany Display Market by Type, 2017 - 2020, USD Million
TABLE 58 Germany Display Market by Type, 2021 - 2027, USD Million
TABLE 59 Germany Lighting Market by Type, 2017 - 2020, USD Million
TABLE 60 Germany Lighting Market by Type, 2021 - 2027, USD Million
TABLE 61 Germany Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 62 Germany Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 63 Germany Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 64 Germany Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 65 UK Micro-LED Market, 2017 - 2020, USD Million
TABLE 66 UK Micro-LED Market, 2021 - 2027, USD Million
TABLE 67 UK Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 68 UK Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 69 UK Display Market by Type, 2017 - 2020, USD Million
TABLE 70 UK Display Market by Type, 2021 - 2027, USD Million
TABLE 71 UK Lighting Market by Type, 2017 - 2020, USD Million
TABLE 72 UK Lighting Market by Type, 2021 - 2027, USD Million
TABLE 73 UK Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 74 UK Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 75 UK Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 76 UK Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 77 France Micro-LED Market, 2017 - 2020, USD Million
TABLE 78 France Micro-LED Market, 2021 - 2027, USD Million
TABLE 79 France Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 80 France Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 81 France Display Market by Type, 2017 - 2020, USD Million
TABLE 82 France Display Market by Type, 2021 - 2027, USD Million
TABLE 83 France Lighting Market by Type, 2017 - 2020, USD Million
TABLE 84 France Lighting Market by Type, 2021 - 2027, USD Million
TABLE 85 France Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 86 France Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 87 France Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 88 France Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 89 Russia Micro-LED Market, 2017 - 2020, USD Million
TABLE 90 Russia Micro-LED Market, 2021 - 2027, USD Million
TABLE 91 Russia Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 92 Russia Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 93 Russia Display Market by Type, 2017 - 2020, USD Million
TABLE 94 Russia Display Market by Type, 2021 - 2027, USD Million
TABLE 95 Russia Lighting Market by Type, 2017 - 2020, USD Million
TABLE 96 Russia Lighting Market by Type, 2021 - 2027, USD Million
TABLE 97 Russia Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 98 Russia Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 99 Russia Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 100 Russia Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 101 Spain Micro-LED Market, 2017 - 2020, USD Million
TABLE 102 Spain Micro-LED Market, 2021 - 2027, USD Million
TABLE 103 Spain Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 104 Spain Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 105 Spain Display Market by Type, 2017 - 2020, USD Million
TABLE 106 Spain Display Market by Type, 2021 - 2027, USD Million
TABLE 107 Spain Lighting Market by Type, 2017 - 2020, USD Million
TABLE 108 Spain Lighting Market by Type, 2021 - 2027, USD Million
TABLE 109 Spain Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 110 Spain Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 111 Spain Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 112 Spain Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 113 Italy Micro-LED Market, 2017 - 2020, USD Million
TABLE 114 Italy Micro-LED Market, 2021 - 2027, USD Million
TABLE 115 Italy Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 116 Italy Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 117 Italy Display Market by Type, 2017 - 2020, USD Million
TABLE 118 Italy Display Market by Type, 2021 - 2027, USD Million
TABLE 119 Italy Lighting Market by Type, 2017 - 2020, USD Million
TABLE 120 Italy Lighting Market by Type, 2021 - 2027, USD Million
TABLE 121 Italy Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 122 Italy Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 123 Italy Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 124 Italy Micro-LED Market by Vertical, 2021 - 2027, USD Million
TABLE 125 Rest of Europe Micro-LED Market, 2017 - 2020, USD Million
TABLE 126 Rest of Europe Micro-LED Market, 2021 - 2027, USD Million
TABLE 127 Rest of Europe Micro-LED Market by Application, 2017 - 2020, USD Million
TABLE 128 Rest of Europe Micro-LED Market by Application, 2021 - 2027, USD Million
TABLE 129 Rest of Europe Display Market by Type, 2017 - 2020, USD Million
TABLE 130 Rest of Europe Display Market by Type, 2021 - 2027, USD Million
TABLE 131 Rest of Europe Lighting Market by Type, 2017 - 2020, USD Million
TABLE 132 Rest of Europe Lighting Market by Type, 2021 - 2027, USD Million
TABLE 133 Rest of Europe Micro-LED Market by Panel Size, 2017 - 2020, USD Million
TABLE 134 Rest of Europe Micro-LED Market by Panel Size, 2021 - 2027, USD Million
TABLE 135 Rest of Europe Micro-LED Market by Vertical, 2017 - 2020, USD Million
TABLE 136 Rest of Europe 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.