Factors Driving Growth of the Global Micro-LED Market:
Increasing demand for low energy and small devices such as smartphones and smart watches is propelling the growth of micro-LED market. Rising number of smartphone users across the world is expected to fuel the market growth during the forecast period. For instance, according to the Australian Communications and Media Authority, in May 2012, the number of smartphone owners in Australia were 8.67 million, an increase by 104% from 2018.
Furthermore, increasing demand for OLED (Organic Light Emitting Diodes), a flat light emitting technology, is one of the factors restraining the growth of global micro-LED market.
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients