Micro and Mini LED Display Market is valued at USD 158.0 Million in 2019 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 47.6 % during the forecast period to a net market size of USD 6.0 billion in 2025.

The global micro and mini LED display market size is estimated based on the ongoing trends and increase in company’s spending on research and development to develop better and efficient micro and mini LED display. The report also provides various insights related with competitive strategies, supply chain pattern of micro LED, market dynamics and regional analysis. In recent years, more international companies have combined the expansion of Micro LED via merger & acquisition and establishing of new business divisions or start-ups. These manufacturers have developed horizontally or vertically with their own recognised areas of expertise, including mass transfer technology, panel technology LED epitaxy production, and branding.

The global micro and mini LED display market size is estimated based on the ongoing trends and increase in company’s spending on research and development to develop better and efficient micro and mini LED display. The report also provides various insights related with competitive strategies, supply chain pattern of micro LED, market dynamics and regional analysis. In recent years, more international companies have combined the expansion of Micro LED via merger & acquisition and establishing of new business divisions or start-ups. These manufacturers have developed horizontally or vertically with their own recognised areas of expertise, including mass transfer technology, panel technology LED epitaxy production, and branding.

The global micro and mini LED display market size is projected to be valued USD 5.99 billion by 2025. The market is primarily driven by surge in need for smart consumer electronics featured with brighter and energy-efficient display panels. Apart from growing need for consumer electronics, the market is also driven by increase in investment by major players. Companies such as San’an Optoelectronics, Epistar, HC SemiTek, and Lextar, have been investing in mini LED technology to develop advance display quality.

Key players operating in the global mini and micro LED market include Apple (LuxVue), Ostendo Technologies, Oculus VR, PlayNitride, InfiniLED, Plessey Semiconductors, Sony, ALLOS Semiconductors, Samsung, VueReal, and others. Various companies such as Samsung are planning to commercialized micro LED display by 2019 featuring with better resolution and display quality.