DBMR Logo
Request for TOC Request for Sample
BUY NOW

Global Consumer Electronics Mini Light Emitting Diode (LED) Market – Industry Trends and Forecast to 2029

Semiconductors and Electronics | Upcoming Report | Oct 2022 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60
Buy Now Nucleus

Circumvent the Tariff challenges with an agile supply chain Consulting

Supply Chain Ecosystem Analysis now part of DBMR Reports

Global Consumer Electronics Mini Light Emitting Diode (LED) Market, By Technology Type (Mini Display, Mini Lighting), Application (Automotive, Advertisement, Aerospace and Defense, Television, Mobile Phone, Laptop, Stock & Inventory Management, Others) – Industry Trends and Forecast to 2029.

AMP

Consumer Electronics Mini Light Emitting Diode (LED) Market Analysis and Size

The consumer electronics market is heavily influenced by consumers' desire for more innovative and advanced technology that assists in meeting daily life requirements in less time-consuming ways. This sentiment has significantly stepped up innovation in the consumer electronics industry over the past decade. The efforts of industry participants to promote their innovative products in order to gain a foothold in a competitive environment.

Data Bridge Market Research analyses that the consumer electronics mini light emitting diode (LED) market which was growing at a value of 82.14 million in 2021 and is expected to reach the value of USD 1518.64 million by 2029, at a CAGR of 44.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Consumer Electronics Mini Light Emitting Diode (LED) Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD million, Volumes in Units, Pricing in USD

Segments Covered

Technology Type (Mini Display, Mini Lighting), Application (Automotive, Advertisement, Aerospace and Defense, Television, Mobile Phone, Laptop, Stock & Inventory Management, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Cree LIGHT EMITTING DIODE (LED) (U.S.), NICHIA CORPORATION (Japan), OSRAM GmbH (Germany), SAMSUNG (South Korea), EVERLIGHT ELECTRONICS CO., LTD.  (Taiwan), Lumilight emitting diode (LED)s Holding B.V.  (Netherlands), EPISTAR Corporation (Taiwan), LG Innotek (South Korea), Broadcom (U.S.), Seoul Semiconductor Co., Ltd. (South Korea), Luckylight Electronics Co., Ltd (China), Plessey (UK), Betlux Electronics Co., Ltd. (China), EFFILUX (France), LITE-ON Technology Corporation (Taiwan), Vollong Electronics Co.,Limited (China), and STANLEY ELECTRIC CO., LTD. (Switzerland)

Opportunities

  • The introduction of next-generation networks (NGN)
  • The growing popularity of the internet of things (IoT)
  • Increased investment in mini light-emitting diode (LIGHT EMITTING DIODE (LED)) technologies

Market Definition

Mini light-emitting diode light emitting diode (LED) displays use very small light emitting diode (LED) to generate the display's light. The new micro light emitting diode (LED) technology makes use of traditional backlit LCD technology. Rather than a single large or many smaller locally dimmed backlights, this method employs thousands of tiny light emitting diode (LED) backlights to provide significantly improved local dimming characteristics. As there is no practical limit on the size and density of the backlights, Mini diode light emitting diode (LED) can scale from small to large panel sizes.

Global Consumer Electronics Mini Light Emitting Diode (LED) Market Dynamics

Drivers

  • Positive traits associated with mini light emitting diode (LED)

Consumer electronics mini diode light emitting diode (LED) have several built-in advantages, including exceptional readability, light in a much narrower spectrum than other illumination sources, energy efficiency, low operating costs, and long life. It is expected that these will reduce electronic power losses and increase market usage of competently used diode light emitting diode (LED) displays. Growing demand for reduced display in consumer electronics devices, increased television adoption, and the longer life cycle of mini diode light emitting diode (LED) compared to diode light emitting diode (LED) are some of the factors expected to drive growth in the consumer electronics mini diode light emitting diode (LED) market during the forecast period.

  • High uptake in the consumer electronics

Due to their ability to provide higher contrast ratios, higher brightness, improved power economy, and less prone to burn-in, mini light-emitting diodes diode light emitting diode (LED) have significant growth potential. These characteristics increase their adoption in the consumer electronics and defence sectors, which are expected to be the most significant factors driving the market's growth. Another major factor driving market growth is the increased demand for smart devices.

Furthermore, the increased penetration of its numerous features in daily life is expected to boost the market's overall growth. Furthermore, the high dynamic range, power-saving capability and the lower failure rate compared to traditional diode light emitting diode (LED) fuels the market growth. Furthermore, significant progress in overcoming current barriers and modernization cushions

Opportunities

The introduction of next-generation networks (NGN) is expected to create lucrative opportunities for the market, which will accelerate the growth rate of the consumer electronics mini light-emitting diode diode light emitting diode (LED) market in the future. Furthermore, the growing popularity of the internet of things (IoT) and increased investment in mini light-emitting diode light emitting diode (LED) technologies will provide numerous growth opportunities in the market.

Restraints

The high cost of mini diode light emitting diode (LED) is limiting market growth. The high price creates additional affordability issues, which are expected to stymie market growth. Also, the large number of ICs required to operate the mini diode light emitting diode (LED) pose as a challenge for the consumer electronics mini diode light emitting diode (LED) market over the forecast period.

This consumer electronics mini light emitting diode (LED) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the consumer electronics mini light emitting diode (LED) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Consumer Electronics Mini Light Emitting Diode (LED) Market

The COVID-19 crisis is expected to have a positive impact on the market. This is related to the rising demand for high-end consumer electronic devices as a result of work-from-home policies implemented by a number of organisations around the world. Furthermore, the emerging concept of online education is expected to drive demand for tablets and laptops, providing an opportunity for the use of mini diode light emitting diode (LED). However, the disruptions in the supply chain due to restrictions over the cargo movement of non-essential food items are anticipated to hinder the market growth. Furthermore, as one of the major suppliers of mini diode light emitting diode (LED) and their spare parts, China is expected to have a significant impact on the market during the forecasted years.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In 2019 TCL Corporation's Shenzhen China Star Optoelectronics Technology Co., Ltd. (CSOT) showed off an 8-inch flexible display. The panel size is 0.55mm and the transparency rate is 60%.
  • In 2019 Innolux Corporation displayed a 10.1-inch AM mini diode light emitting diode (LED) car display with 1000 local dimming zones and a 65-inch 8K micro-LIGHT EMITTING DIODE (LED) display at the Consumer Electronics Show.
  • In January 2021 TCL Electronics, a prominent consumer electronics manufacturer and one of the most powerful players in the global TV industry, will showcase OD ZeroTM Mini LIGHT EMITTING DIODE (LED) technology at CES 2021. OD Zero is a technology that combines TCL's 3rd generation diode light emitting diode (LED) backlight technology with its powerful vertical integration to offer an ultra-slim profile that has never been achieved before with diode light emitting diode (LED) LCD TVs. OD Zero outperforms prior.

Global Consumer Electronics Mini Light Emitting Diode (LED) Market Scope

The consumer electronics mini light emitting diode (LED) market is segmented on the basis of technology type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology Type

  • Mini Display
  • Mini Lighting

Application

  • Automotive
  • Advertisement
  • Aerospace and Defense
  • Television
  • Mobile Phone
  • Laptop
  • Stock & Inventory Management
  • Others

Consumer Electronics Mini Light Emitting Diode (LED) Market Regional Analysis/Insights

The consumer electronics mini light emitting diode (LED) market is analysed and market size insights and trends are provided by country, technology type and application as referenced above.

The countries covered in the consumer electronics mini light emitting diode (LED) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America held the largest share of the global market. This is due to the growing presence of consumer electronics and consumer electronics manufacturers, as well as their willingness to invest more in products such as mini diode light emitting diode (LED). Further, the surging demand for high-end gaming laptops and monitors is projected to fuel up the market growth across this region.

The Asia Pacific region is expected to grow with the highest growth rate in the coming years. This can be associated with the rising presence of key players across China, Japan, and Taiwan. Several players located in Taiwan are struggling for manufacturing diode light emitting diode (LED) panels. Moreover, companies across Japan like Japan Display Inc. and Nichia Corporation are engaged in product and technology development.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Consumer Electronics Mini Light Emitting Diode (LED) Market Share Analysis

The consumer electronics mini light emitting diode (LED) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to consumer electronics mini light emitting diode (LED) market.

Some of the major players operating in the consumer electronics mini light emitting diode (LED) market are:

  • Cree LED (U.S.)
  • NICHIA CORPORATION (Japan)
  • OSRAM GmbH (Germany)
  • SAMSUNG (South Korea)
  • EVERLIGHT ELECTRONICS CO., LTD.  (Taiwan)
  • Lumilight emitting diode (LED) Holding B.V.  (Netherlands)
  • EPISTAR Corporation (Taiwan)
  • LG Innotek (South Korea)
  • Broadcom (U.S.)
  • Seoul Semiconductor Co., Ltd. (South Korea)
  • Luckylight Electronics Co., Ltd (China)
  • Plessey (UK)
  • Betlux Electronics Co., Ltd. (China)
  • EFFILUX (France)
  • LITE-ON Technology Corporation (Taiwan)
  • Vollong Electronics Co., Limited (China)
  • STANLEY ELECTRIC CO., LTD. (Switzerland)


SKU-

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking

Global Consumer Electronics Mini Led Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Consumer Electronics Mini Led Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Consumer Electronics Mini Led Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Testimonial
Claudio Rondena Group Business Development & Strategic Marketing Director,
C.O.C Farmaceutici SRL
"This morning we were involved in the first part, the data presentation of MKT analysis, selected abstract from your work. The board team was really impressed and very appreciated, as well."
David Manning - Thermo Fisher Scientific Director, Global Strategic Accounts,
Dear Ricky, I want to thank you for the excellent market analysis (LIMS INSTALLED BASE DATA) that you and your team delivered, especially end of year on short notice. Sachin and Shraddha captured the requirements, determined their path forward and executed quickly.
You, Sachin and Shraddha have been a pleasure to work with – very responsive, professional and thorough. Your work is much appreciated.
Manager - Market Analytics, Uriah D. Avila - Zeus Polymer Solutions
Thank you for all the assistance and the level of detail in the market report. We are very pleased with the results and the customization. We would like to continue to do business.
Business Development Manager, (Pharmaceuticals Partner for Nasal Sprays) | Renaissance Lakewood LLC
DBMR was attentive and engaged while discussing the Global Nasal Spray Market. They understood what we were looking for and was able to provide some examples from the report as requested. DBMR Service team has been responsive as needed. Depending on what my colleagues were looking for, I will recommend your services and would be happy to stay connected in case we can utilize your research in the future.
Business Intelligence and Analytics, Ipsen Biopharm Limited

We are impressed by the CENTRAL PRECOCIOUS PUBERTY (CPP) TREATMENT report - so a BIG thanks to you colleagues.

Competition Analyst, Basler Web

I just wanted to share a quick note and let you know that you guys did a really good job. I’m glad I decided to work with you. I shall continue being associated with your company as long as we have market intelligence needs.

Marketing Director, Buhler Group

It was indeed a good experience, would definitely recommend and come back for future prospects.

COO, A global leader providing Drug Delivery Services

DBMR did an outstanding job on the Global Drug Delivery project, We were extremely impressed by the simple but comprehensive presentation of the study and the quality of work done. This report really helped us to access untapped opportunities across the globe.

Marketing Director, Philips Healthcare

The study was customized to our targets and needs with well-defined milestones. We were impressed by the in-depth customization and inclusion of not only major but also minor players across the globe. The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details.

Product manager, Fujifilms

Thankful to the team for the amazing coordination, and helping me at the last moment with my presentation. It was indeed a comprehensive report that gave us revenue impacting solution enabling us to plan the right move.

Investor relations, GE Healthcare

Thank you for the report, and addressing our needs in such short time. DBMR has outdone themselves in this project with such short timeframe.

Market Analyst, Medincell

We found the results of this study compelling and will help our organization validate a market we are considering to enter. Thank you for a job well done.

Andrew - Senior Global Marketing Manager, Medtronic (US)

I want to thank you for your help with this report – It’s been very helpful in our business planning and it well organized.

Amarildo - Manager, Global Strategic Alignment MasterCard

We believe the work done by Data Bridge Team for our requirements in the North America Loyalty Management Market was fantastic and would love to continue working with your team moving forward.

Tor Hammer Green Nexus LLc

Thank you for your quick response to this unfortunate circumstance. Please extend my thanks to your reach team. I will be contacting you in the future with further projects

Tommaso Finocchiaro Market Intelligence Specialist Nippon Gasses

I acknowledge the difficulty given by the very short warning for this report, and I think that its quality and your delivering time have been very satisfying. Obviously, as a provider Data Bridge Market Research will be considered as a plus for future needs of Nippon Gases.

Yuki Kopyl (Asian Business Development Department) UENO FOOD TECHNO INDUSTRY, LTD. (JAPAN)

Xylose report was very useful for our team. Thank you very much & hope to work with you again in the future