Global InGaN Micro-LED Market 2023-2030
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Global InGaN Micro-LED Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL INGAN MICRO-LED MARKET

 

INTRODUCTION

Using polarisation and strain engineering, InGaN micro-light-emitting diodes monolithically grown on Si can operate at extremely stable temperatures. Micro-LED is a display technology that is based on tiny (thus, micro) LED devices that are utilised to directly synthesise colour pixels. It is sometimes referred to as mLED or LED.

 

In order to compete with the present top-tier OLED displays, micro-LED displays have the ability to produce extremely effective and attractive flexible displays. Similar to OLED, a MicroLED panel has incredibly tiny individual pixels that can produce both colour and light.

 

It does not, however, use organically generated pixels like an OLED panel does. Because of its tiny, micrometre-sized pixels, the device is known as a microLED panel. 

 

GLOBAL INGAN MICRO-LED MARKET SIZE AND FORECAST

infographic: InGaN Micro-LED Market, InGaN Micro-LED Market Size, InGaN Micro-LED Market Trends, InGaN Micro-LED Market Forecast, InGaN Micro-LED Market Risks, InGaN Micro-LED Market Report, InGaN Micro-LED Market Share

 

 

The Global InGaN 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

First native red InGaN LED epiwafer for micro-LEDs is released by Porotech. Porotech, a spin-off from the University of Cambridge's Cambridge Institute for Gallium Nitride, has announced the release of its first product, which is thought to be the first commercially available native red indium gallium nitride (InGaN) LED epiwafer for micro-LED applications.

 

Due to its optimal brightness, efficiency, and image definition, as well as improved longevity, micro-LED display technology offers a significant advance over conventional display panels. For near-to-eye applications like augmented reality (AR) and head-mounted displays, these advantages are essential.

 

They are also essential for a number of other applications, including TVs and large-area displays, wearable technology like smartwatches, mobile phones, and other wearables. Achieving the required high-efficiency, ultra-fine-pitch red pixels, however, has been difficult up to this point.

 

According to Porotech, its special production method has made it possible to develop a new class of porous GaN semiconductor materials and architectures that offer improved functionality.

 

The semiconductor combination of solid GaN and air known as porous GaN could be thought of as such. It gives Porotech the ability to tailor a wide range of material properties (optical, mechanical, thermal, and electrical) and as a result presents an altogether new material platform on which semiconductor devices can be constructed.

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many InGaN micro-LED are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global InGaN micro-LED and key vendor selection criteria
  3. Where is the InGaN micro-LED manufactured? What is the average margin per unit?
  4. Market share of Global InGaN micro-LED market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global InGaN micro-LED in-house
  6. key predictions for next 5 years in Global InGaN micro-LED market
  7. Average B-2-B InGaN micro-LED market price in all segments
  8. Latest trends in InGaN micro-LED market, by every market segment
  9. The market size (both volume and value) of the InGaN micro-LED market in 2023-2030 and every year in between?
  10. Production breakup of InGaN micro-LED market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix