Micro Led In The Global Automotive Market Is Anticipated To Grow At A Cagr Of 5% During 2023-2028

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that micro led in the global automotive provides attractive opportunities in the dashboard, center stack, HUD (head-up display), passenger entertainment displays, camera mirror system (CMS) integrations, in-vehicle infotainment systems, and rearview mirror display markets. The micro led in the global automotive market is expected to reach $0.17 billion by 2028 with a CAGR of 5%. In this market, HUD (head-up display) is the largest segment by application, whereas wireless is largest by technology.
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Based on application, the micro led in the global automotive market is segmented into dashboard, center stack, HUD (head-up display), passenger entertainment displays, camera mirror system (CMS) integrations, in-vehicle infotainment systems and rearview mirror display. The HUD (head-up display) segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing penetration of micro LED in ...
... autonomous and semi-autonomous vehicles owing to its capability of delivering enough brightness to yield the contrast that is necessary to clearly see an image against a bright sun-lit background and also helps the driver in tracking key information like speed and navigation while keeping their eyes on the road.
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The Micro Led in the Global Automotive Market is marked by the presence of several big and small players. Some of the prominent players offering micro led in the global automotive include Aledia, Samsung Electronics, Sony Corporation, Rohinni LLC, Apple Inc, and LG Display.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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