Global Micro LED Market: Key Highlights
Global Micro LED Market: Key Market Dynamics
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Global Micro LED Market: Regional Overview
According to the World economic forum, China is going a largest in the field of research and development by expecting 70% higher in 2017 as compare to 2012. According to the Australian Trade and Investment Commission, the Made in China 2025 and the Internet plus are planning to reach the China’s manufacturing sector with the value chain by advancing and growing innovative technology system.
Hence, the countries such as Japan and India government are also taken an initiative for the technologies adoption in the region for the economic growth and development.
Germany is one of the world major player in the field of technology, and research and development. Also, the UK is one of the leading market player in adoption new technologies to advance the public services. According to the World Economic Forum, in 2019 the USD 4.4 Billion which will represent 12% of the total capital for the development of the region. Its technologies innovation and development may lead to enhance the adoption rate and market growth in the forecast period.
Global Micro LED Market: Key Players Overview
Taiwan Semiconductor Mfg. Co. Ltd. Is a multinational semiconductor company. The company offers an integrated circuit fabrication processes to manufacture CMOS logic, on-volatile memory and BiCMOS chips. In 2018, the company is collaborating with Apple on the product Wearable/VR/laptop Micro-LED displays. Also the company and Apple are focusing on the small sized micro LED on silicon based backplane which will includes AR applications as well as wearable devices.
Japan Display Inc. is design, develop, manufacture and sale of small and medium-sized display devices. Also it is an electronic and electrical management company based out of Landic. The company has developed transparent display with 87% high transparency. The main advantaged of the Micro LED display is to view wide angles and high brightness. In 2019, the company has announced the development of prototype micro LED display which will enhance the next generation display.
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