Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Applications (Display, Lighting), By Panel sizes (Micro-Display, Small and Medium-sized Panel, Large Panel), By Verticals (Consumer Electronics, Automotive, Advertising (Digital Signage), Aerospace & Defense, Others) And Competitive Landscape
Product Code: ETC076140 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific MicroLED Enabled Display Solutions Market is anticipated to gain growth in the coming time zone. MicroLED display technology is an emerging flat display technology which is capable of thriving tremendously in the Asia Pacific region. The growth of this market is mainly driven by the rising demand for consumer electronics like smartphones and the advertisement industry which require high definition displays. Furthermore, MicroLEDs are more efficient than conventional LEDs; this encourages potential industrialists to invest in this new market. At present, the lack of an established supply chain and distribution facilities are the major restraints for the growth of the market. The fast adoption of OLED technology in display devices may also be a greater hindrance to the commercialization and growth of MicroLED technology as they are way more affordable to m-LEDs. The covid-19 pandemic has caused huge disruptions in this market, adding to the already lack of supply chains the industry was hit hard during this period, furthermore, the nationwide lockdowns especially in the Asian continent caused a depreciation in production to a large extent.
According to 6Wresearch, the Asia Pacific (APAC) MicroLED Enabled Display Solutions Market is anticipated to register a proliferated growth during 2021 - 2027. The key countries in this market are Japan, South Korea, China, India and Taiwan; these tech giants have their eyes on high demographic countries such as India, China, Bangladesh and Singapore as there is a rise in demand for power-efficient and bright display panels in these countries. Besides, the trade policies in countries like India and China remain favourable to the leading manufacturers. The leading manufactures include Samsung, LG, Asus and Sony, who already have the maximum market share in the Asia Pacific region. Moreover the government of India and China are looking forward for more energy efficient form of display technology; this would pose bountiful opportunities for the MicroLED display market. Further the trade policy of Indian government has encouraged several overseas manufactures investing in the Indian market. In Adding to this the rapid urbanization and industrialization lead to an increase in the emerging industrial competitive landscape which poses bountiful opportunities for the MicroLED Enabled Display Solutions market in the Asia Pacific region.
The Asia Pacific MicroLED display market report provides detailed analysis of the market based on applications, Panel sizes and verticals. The rising number of smart phones and the increase in digital electronic gadgets are the major applications of this market. When it comes to panel sizes 24’- 32’ is the most popular panel size for personal use and 8ft x 12ft display panels is considered to be the ideal size for advertisement purposes in developing countries like India and Indonesia. Moreover the development of smart watches has given a new vertical to this segment and is expected to thrive tremendously in this market. Though MicroLED display technology is much prevalent in countries like India, China and Singapore, Countries like Nepal, Myanmar and Cambodia aren’t interested much in this new technology systems as they haven’t yet got complete access to the traditional LED display systems. Though MicroLED displays haven't yet arrived in the general public on a large scale there is a booming future for this technology.
The Asia Pacific MicroLED Enabled Display Solutions market report thoroughly covers the market by Applications, Panel sizes, Verticals, and key countries including India, China, Japan, South Korea, Indonesia, Philippines, Thailand and rest of Asia Pacific. The Asia Pacific MicroLED Enabled Display Solutions market outlook report provides an unbiased and detailed analysis of the on-going MicroLED Enabled Display Solutions market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific MicroLED Enabled Display Solutions Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific MicroLED Enabled Display Solutions Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific MicroLED Enabled Display Solutions Market - Industry Life Cycle |
3.4 Asia Pacific MicroLED Enabled Display Solutions Market - Porter's Five Forces |
3.5 Asia Pacific MicroLED Enabled Display Solutions Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific MicroLED Enabled Display Solutions Market Revenues & Volume Share, By Applications, 2020 & 2027F |
3.7 Asia Pacific MicroLED Enabled Display Solutions Market Revenues & Volume Share, By Panel sizes, 2020 & 2027F |
3.8 Asia Pacific MicroLED Enabled Display Solutions Market Revenues & Volume Share, By Verticals, 2020 & 2027F |
4 Asia Pacific MicroLED Enabled Display Solutions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific MicroLED Enabled Display Solutions Market Trends |
6 Asia Pacific MicroLED Enabled Display Solutions Market, 2017 - 2027 |
6.1 Asia Pacific MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
6.2 Asia Pacific MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
6.3 Asia Pacific MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
7 China MicroLED Enabled Display Solutions Market, 2017 - 2027 |
7.1 China MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
7.2 China MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
7.3 China MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
8 India MicroLED Enabled Display Solutions Market, 2017 - 2027 |
8.1 India MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
8.2 India MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
8.3 India MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
9 Japan MicroLED Enabled Display Solutions Market, 2017 - 2027 |
9.1 Japan MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
9.2 Japan MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
9.3 Japan MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
10 Australia MicroLED Enabled Display Solutions Market, 2017 - 2027 |
10.1 Australia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
10.2 Australia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
10.3 Australia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
11 Indonesia MicroLED Enabled Display Solutions Market, 2017 - 2027 |
11.1 Indonesia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
11.2 Indonesia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
11.3 Indonesia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
12 Philippines MicroLED Enabled Display Solutions Market, 2017 - 2027 |
12.1 Philippines MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
12.2 Philippines MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
12.3 Philippines MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
13 Malaysia MicroLED Enabled Display Solutions Market, 2017 - 2027 |
13.1 Malaysia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
13.2 Malaysia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
13.3 Malaysia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
14 Rest of Asia MicroLED Enabled Display Solutions Market, 2017 - 2027 |
14.1 Rest of Asia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Applications, 2017 - 2027 |
14.2 Rest of Asia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Panel sizes, 2017 - 2027 |
14.3 Rest of Asia MicroLED Enabled Display Solutions Market, Revenues & Volume, By Verticals, 2017 - 2027 |
11 Asia Pacific MicroLED Enabled Display Solutions Market Key Performance Indicators |
12 Asia Pacific MicroLED Enabled Display Solutions Market - Opportunity Assessment |
12.1 Asia Pacific MicroLED Enabled Display Solutions Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific MicroLED Enabled Display Solutions Market Opportunity Assessment, By Applications, 2020 & 2027F |
12.3 Asia Pacific MicroLED Enabled Display Solutions Market Opportunity Assessment, By Panel sizes, 2020 & 2027F |
12.4 Asia Pacific MicroLED Enabled Display Solutions Market Opportunity Assessment, By Verticals, 2020 & 2027F |
13 Asia Pacific MicroLED Enabled Display Solutions Market - Competitive Landscape |
13.1 Asia Pacific MicroLED Enabled Display Solutions Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific MicroLED Enabled Display Solutions Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |