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Last Updated: Apr 25, 2025 | Study Period:
Micro LED displays are made with the use of sophisticated semiconductor components called micro LED display chips. In comparison to more established display technologies like LCD and OLED, micro LED technology has a number of advantages.
Small light-emitting diodes (LEDs) called micro LED chips are typically less than 100 micrometres in size. They enable higher pixel densities and better image quality because they are far smaller than the traditional LEDs used in displays.
Since each micro LED chip has the ability to produce its own light, LCD displays do not require a separate backlighting system.
Typically, these chips are produced using semiconductor manufacturing techniques, which entail the deposition of LED components on a substrate like silicon or gallium nitride.
They are made up of several layers, including an LED made of gallium nitride that produces light when an electric current flows through it.Compared to other display technologies, micro LED display chips provide a number of benefits.
They offer improved brightness, contrast, and colour fidelity, producing vivid and realistic images. Additionally, they provide quicker response times and higher refresh rates, making them appropriate for applications like gaming and virtual reality that need fluid motion.
The energy efficiency of tiny LED chips is another important benefit. Compared to LCD or OLED displays, they can produce high brightness levels while using less energy.
Because battery life is such an important consideration in portable gadgets like smartphones, tablets, and smartwatches, they are the perfect choice.
Additionally, the modular construction capabilities of tiny LED chips could enable a wide range of display sizes and designs.
Innovative uses in fields including digital signage, vehicle displays, and augmented reality are made possible by their ability to be smoothly tiled together to produce enormous displays without discernible bezels.
Although it is still in the early phases of commercialization, micro LED technology has a bright future in the field of display technology.
Micro LED display chips are anticipated to become more extensively used and more affordable thanks to continued improvements in production techniques and rising economies of scale.
The global micro LED display chips market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Zavus Xtreme Pixel (XP) Flip Chip COB Micro LED display has been introduced by Jupiter Systems. For exceptional image quality, the Zavus XP offers a 1,000,000:1 contrast ratio and inbuilt 16-bit per colour processing.
In order to better support virtual production, LG Electronics has introduced a new model of their microLED MAGNIT screens (model LBAF).
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, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
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 |