Display have become the interface of choice between people and their devices, from large screen televisions to smartphones. Monolithic micro LED is expected as next generation display technology due to its potential to be lighter, brighter, thinner, and low power consumption. Moreover, it also offers better sensing functionalities, superior and local brightness adjustment, and reduced power draws. It combines the best features of OLED and LCD.

Monolithic display based on micro LEDs fabricated using a GaN-on-Silicon approach. Here, micro LEDs is technology that can provide high luminance in a small format, it is consist of bulk LED substrate into array of micro LED. This arrays are with emitters as small as 1 micron and driven at low current density for greater efficiency and longevity. It enables higher and smaller resolution displays for a range of applications, including head-up displays, augmented reality ( A R ) or mixed reality, televisions, laptops & convertibles, and virtual reality ( V R ) .  Further the Monolithic micro LED expected to use for various application such as smart watches & wearable’s, automatic HUD, smartphones, tablets, and other devices.

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Monolithic Micro LED Display Market – Competitive Landscape

Plessey Semiconductors Limited

Plessey Semiconductors Limited is headquartered in Plymouth, UK. The company is a global manufactures GaN-on-silicon LEDs for blue chip customers. The company provides offers general lighting products, such as low power LEDs, mid power LEDs, high power LEDs, LED modules and light engines, low/mid power dies, and high power dies. The company’s products are used in various lighting applications such as architectural, commercial, industrial, outdoor, and residential applications.

Jasper Display Corp

Founded in 2010, Jasper Display Corp. is headquartered in Hsinchu, Taiwan. The company is a designer of SLM (Spatial Light Modulators) and has successfully developed several new, very high speed Full HD (FHD) micro displays. The company joined the Plessey’s strategy alliance for the latest Micro LED technology development.

Nanoco Technologies Limited

Founded in 2001, Nanoco Technologies Limited is headquartered in Manchester, UK. The company manufactures quantum dots, nano-sized particles and applications incorporating semiconductor nanoparticles. The company has manufacturing unit based in Runcorn, UK and business development offices in Japan, Korea and Taiwan.

Key players operating in the global monolithic micro LED display market include Plessey Semiconductors Limited, Jasper Display Corp., and Nanoco Technologies Limited among others.

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Monolithic Micro LED Display Market – Dynamics

The monolithic micro LED display market is anticipated to  driven by the increase in deliveries of monolithic micro LED display in applications of  consumer electronics including head-up displays, augmented reality (AR) or mixed reality, televisions, laptops & convertibles, and virtual reality and other. Further, the use smart watches & wearables for fitness, sports, and other personal application expected increase, further anticipated to contribute to the growth of global monolithic micro LED display market during forecast period. Monolithic micro LED display manufacturers were focusing on get new technology out to the widest possible manufacturing base to meet the growing demand of monolithic micro LED display.

Furthermore, they were also focusing on development and production of monolithic micro LED display to address emerging applications. Manufacturer of monolithic micro LED display expected to face mass production problem, since it is inherently complex technology, further expected to hinder the growth of the global monolithic micro LED display market.

Monolithic Micro LED Display Market – Segmentation

The monolithic micro LED display market can be bifurcated on the basis of:

  • Product Application
  • Region

Monolithic Micro LED Display Market Segmentation – By Product Application

Depending on the product application, the monolithic micro LED display market can be divided into:

  • AR
  • HUD/HMD
  • Smart Watches
  • Monitor & TVs
  • Light Engine/Wave Guide
  • Mobile Phones
  • Others

The report on monolithic micro LED display market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The monolithic micro LED display market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The monolithic micro LED display market report also maps the qualitative impact of various market factors on monolithic micro LED display market segments and geographies.

Regional analysis for monolithic micro LED display market includes:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • South America

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.