Press release
Micro-LED Market will grow due to increasing demand for energy-efficient lighting solutions | LG Display, Epistar, Nichia Coporation, Osram Opto
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Micro-LED is a display technology that uses extremely small LEDs to create high-resolution images. Micro-LED displays are thinner, brighter, and more energy-efficient than traditional LEDs and offer enhanced contrast ratios and color gamut.
Micro-LEDs are typically less than 100 microns in size and can be arranged in a very tight pitch, which results in extremely high-resolution images. Micro-LEDs are also much brighter than traditional LEDs, making them ideal for use in high-brightness display applications.
Read more about Micro-LED Market here: https://www.globalinsightservices.com/reports/micro-led-market/
Key Players
Samsung Electronics
LG Display
Epistar
Nichia Coporation
Osram Opto
X-Celeprint
Nanosys
Key Trends and Drivers
Micro-LEDs are a type of LED that is much smaller in size than a traditional LED. They are typically only a few microns in diameter, which is about 1/10th the size of a traditional LED. Micro-LEDs offer many advantages over traditional LEDs, including higher brightness, lower power consumption, and improved efficiency.
The major drivers for the growth of the micro-LED market are the increasing demand for energy-efficient lighting solutions and the increasing adoption of micro-LEDs in consumer electronics.
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Market Segments
By Application
Display
Lighting
By Vertical
Consumer Electronics
Advertising
Automotive
Aerospace and Defense
Others
By Panel-Size
Micro Display
Small and Medium-sized Panel
Large Panel
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