Global InGaN Micro-LED Market 2023-2030

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    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. 



    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.



    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.



    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 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
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