The Market Reports

Synopsis
The global market for Micro Light Emitting Diode (LED) was estimated to be worth US$ 1506 million in 2024 and is forecast to a readjusted size of US$ 4894 million by 2031 with a CAGR of 18.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Micro Light Emitting Diode (LED) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Micro LED (Micro Light Emitting Diode) is a display technology composed of micron-sized (typically less than 100μm) self-emitting LED chips, enabling high brightness and high contrast display effects without the need for a backlight module.
Technical Challenges:
Mass Transfer: Millions of chips must be precisely transferred to the substrate, with a yield rate requirement exceeding 99.99%.
Full-Color Technology: Mass production of RGB three-color chips is highly challenging, and quantum dot or phosphor conversion solutions still require optimization.
Application Scenarios:
Consumer Electronics: TVs (e.g., Samsung The Wall), smartphones, AR/VR headsets (e.g., Apple Vision Pro).
In-vehicle Displays: HUD (Head-Up Display), instrument panels (e.g., Cy Vision and Mojo Vision collaboration project).
Professional fields: Cinema screens (Lianard P0.9 certified by DCI), medical displays
Competitive landscape and future outlook
Advantages of international giants:
Samsung and Sony control the high-end market through patent barriers (such as mass transfer and driver chips), with the cost of a single MicroLED TV exceeding US$100,000.
Apple has acquired companies like LuxVue to expand into AR/VR, with technical capabilities leading the industry by 2-3 years.
Breakthroughs by Chinese Companies:
BOE and TCL Huaxing reduce costs through vertical integration of “materials - equipment - terminals,” with COB product prices 30% lower than international brands.
Industrial clusters are being established in Hefei, Xiamen, and other regions, with companies like JBD and Shiyatech receiving over 5 billion yuan in government investment to accelerate mass production.
Future Key Factors:
Cost Reduction: ASMPT equipment will reduce repair costs by 50%, with MicroLED TV prices expected to drop below $20,000 by 2025.
Application Expansion: Emerging markets like AR/VR and in-vehicle displays will contribute over 60% of growth, with related chip revenue exceeding $1 billion by 2030.
This report aims to provide a comprehensive presentation of the global market for Micro Light Emitting Diode (LED), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Micro Light Emitting Diode (LED) by region & country, by Type, and by Application.
The Micro Light Emitting Diode (LED) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro Light Emitting Diode (LED).
Market Segmentation
By Company
Samsung
BOE
Apple
TCL
Sony
Leyard
LG Display
Tianma Microelectronics
AUO
Goldenmars Technology
Vistar Display
LEDMAN
Unilumin
Segment by Type
Small Sized Panels
Medium Sized Panels
Large Size Panels
Segment by Application
Cellphone
Wearable Watch Device
AR/VR
TV
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Micro Light Emitting Diode (LED) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Micro Light Emitting Diode (LED) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Micro Light Emitting Diode (LED) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index