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MICRO-LED MARKET ANALYSIS
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MICRO-LED MARKET ANALYSIS

Micro-LED Market, by Panel Size (Micro-display, Small and Medium-sized Panel, and Large Panel), by Application (Display (Near-to-Eye (NTE) Device, Smartphone and Tablet, Smart Watch, Head-up Display (HUD), Laptop and Monitor, Television, and Digital Signage), Lighting (Automotive Lighting and General Lighting), by Vertical (Automotive, Advertising, Consumer Electronics, Aerospace & Defense, and Others) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Micro-LED MarketSize and Trends

Trends of the Global Micro-LED Market:

Strategic alliance with e-commerce platform providers is another major trend, which drives the growth of micro-LED market. Manufacturers are focused on digital marketing practices, in order to expand their consumer base and revenue generation. Key market players are focused on strategic partnerships and alliances with online retailers, in order to provide architectural micro-LED products to consumers easily at affordable prices. For instance, in July 2014, Phillips Lighting Limited entered into a strategic alliance with Amazon.com, Inc. in order to enhance its presence in the global market.

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