According to a market report by Lucintel, the future of micro LED in the global monitor and laptop market looks promising with opportunities in the gaming, business/commercial, and personal end use industries. The consumption of micro LED in the global monitor and laptop market is expected to reach an estimated $0.07 billion by 2028 with a CAGR of 60.5% from 2023 to 2028. The major drivers for this market are increasing adoption of laptops in educational institutes, rising investments in dual-screen technology, and increasing consumer spending on computers and laptops across the globe.
Up to 12.9", 13" to 14.9”, and more than 15” are different segments of micro LED in the global monitor and laptop by screen size. Lucintel forecasts that 13” to 14.9” will remain the largest screen size segment over the forecast period because of its small size and powerful computational capabilities. The 13” to 14.9” screen size micro LEDs can also be utilized in numerous commercial applications.
Within this market, gaming will remain the largest end use industry segment from 2023 to 2028 driven by increasing of consumer preference for computer gaming. Also, manufactures have introduced higher refresh rate screens for the users to enhance the gaming experience.
APAC will remain the largest region during the forecast period due to high disposable income, growing number of IT firms, and increasing demand for high-tech laptops with huge displays and powerful processors.
Sony Group, Oculus VR, Samsung Electronics, X-Celeprint, Nanosys, Aledia, Verlase Technologies, and Jade Bird Display are the major suppliers of micro LED in the global monitor and laptop market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for micro LED in the global monitor and laptop market by screen size, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities for Micro LED in the Global Monitor and Laptop Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for micro LED in the global monitor and laptop market by screen size, end use industry, and region, as follows:
Micro LED in Monitor and Laptop Market by Screen Size [Value ($B) Shipment Analysis from 2017 to 2028]:
Up to 12.9"
13" to 14.9"
More than 15”
Micro LED in Monitor and Laptop Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Gaming
Business/Commercial
Personal
Micro LED in Monitor and Laptop Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for micro LED in the global monitor and laptop market by screen size (up to 12.9", 13" to 14.9”, and more than 15”), end use industry (gaming, business/commercial, and personal), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?