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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
INTRODUCTION
After the GaAs substrate was removed, AlGaInP red light micro-LEDs were created that had outstanding photoelectric properties and have been used in a variety of applications.
AlGaInP, also known as AlInGaP, InGaAlP, GaInP, etc., is a semiconductor material that covers a direct bandgap from deep ultraviolet to infrared, making it a platform for the creation of innovative multi-junction photovoltaic and optoelectronic devices.
AlGaInP is utilised to create the heterostructure generating light in the production of high-brightness red, orange, green, and yellow light-emitting diodes. Diode lasers are another product made from it. When compared to traditional LCD displays, microLED has far lower energy consumption and provides high contrast ratio and pixel-level light control.
GLOBAL AlGaInP MICRO-LED MARKET SIZE AND FORECAST
The Global AlGaInP micro-LED market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
JBD Declares the Commercialization of a High-Performance Red Micro LED Display with 500,000 Nits of Brightness A crucial turning point for the microdisplay market is the production of a red Micro LED with great brightness, which has long been a problem in the display business.
By creating a 0.13" red light microdisplay with 500,000 nits of brightness, JBD exceeded the current efficiency limit and broke prior records.
The high-performance red light product from the company will help Micro LED be used in sports glasses, automobile displays, short-sighted glasses, and many more applications. Also, the product has established a framework for full-color Micro LED displays in the AR space.
The company's in-house hybrid integration semiconductor technology was used to build JBD's red light product. In particular, a self-emitting microdisplay was created by integrating AlGaInP semiconductor material with Si-based CMOS in a wafer-grade process.
AlGaInP is essential for creating high-performance red Micro LEDs because it has the most mature semiconductor material for red LED manufacture and the most compatible prohibited band width.
JBD has long focused on the research and development of AlGaInP-based red Micro LED technology, as well as epitaxy and chip-making procedures, which has allowed it to overcome red LED production obstacles and significantly increase red light efficiency.
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |