Micro Led in the Global Automotive Market is expected to reach $0.17 Billion by 2028 – An exclusive market research report by Lucintel
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.
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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Roy AlmaguerLucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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