U.S. CRM Market Size Worth $64.2 Billion By 2025

The U.S. customer relationship management market size is expected to reach USD 64.2 billion by 2025, registering a CAGR of 14.0% from 2019 to 2025, according to a new report by Grand View Research, Inc. CRM solutions with data-driven insights offer enhanced functionality apart from their traditional role of information gathering, activity tracking, and passive data repository generation. Therefore, these solutions enable companies to analyze buying behavior of customers and simultaneously provide relevant information to augment their sales efforts. Hence, business and organization of all sizes are investing heavily in customer relationship management solutions.

There is a growing demand for these solutions from small and medium sized business. This is likely to present promising growth opportunities for customer relationship management solutions based on software-as-a-service (SaaS) and on-demand models in the U.S. market. This is owing to the fact that these models can minimize the need for upgrading or investing in new hardware infrastructure and can consecutively bring down maintenance and support costs. Presence of major CRM solution providers in the country is also a major factor that drives the adoption of customer relationship management solutions over the forecast period.

CRM software has already gained significant attention from various industries due to its changing nature in terms of growing functionalities and feature set. CRM suites also offer the capability to measure business performance and keep a track of sales trajectory, which have been some of the key factors encouraging businesses to use them. The U.S. market is also witnessing significant growth in cross-sales to existing customers with installed base (in terms of add-ons and upgrades).

Presently, large customer relationship management solution providers such as Salesforce.com, SAP SE, Oracle Corporation, and Microsoft Corporation dominate the U.S. customer relationship management market and have focused on augmenting their collective market share in the U.S. Other key players are trying to access the market by offering identical CRM solutions at a competitive price. This has led to a notable rise in intensity of competition across all sub-segments in the U.S. market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-customer-relationship-management-crm-market

Further key findings from the study suggest:

  • Cloud deployment has been the dominant segment since 2018 and is likely to witness more traction in the upcoming years owing to rising preference and increased awareness regarding its benefits in terms of cost and flexibility
  • Large enterprises have been at the forefront in deploying cloud-based CRM solutions for their businesses, which is resulting in effective customer engagement. SMEs in the U.S. market are also deploying customer relationship management solutions to improve business processes, which is likely to result in high revenue generation
  • Some of the key participants in the market are Salesforce.com; SAP SE; Zoho; Oracle Corp; Nimble; SugarCRM Inc.; and Verint Systems Inc.

Stepper Motors Market Size Worth $6.0 Billion By 2025

The global stepper motors market size is expected to reach USD 6.0 billion by 2025, registering a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for stepper motors from the packaging and labeling industry for automation solutions is expected to drive the market growth over the forecast period. The market growth can also be ascribed to the growing demand for reduced heat and noise generation in high-speed applications in industrial automation, which in turn is expected to create lucrative opportunities for manufacturers over the forecast period.

Stepper motors are available in different types such as permanent magnet, hybrid, and variable reluctance. The variable reluctance type offers high accuracy, as it turns at a specific angle to minimize the reluctance between opposite windings in the stator. Thus, owing to the accuracy of variable reluctance motor, the demand is continuously increasing. Moreover, it is highly preferred for industrial applications, automotive gauges, and machine tools and automated production equipment, which is also boosting the market growth.

The growth of the market is also attributed to increasing use of stepper motors in motion control systems, especially in China and Japan. Furthermore, a surge in demand for miniature motors in computer peripherals, digital lenses and cameras, automobile electronics, and electronic toys and games is expected to propel the market growth over the forecast period. Besides, these motors have low weight and consume less space, therefore, are used in aerospace and military applications requiring high accuracy.

Asia Pacific dominated the market in 2018 and is expected to continue its dominance over the forecast period. This is attributed to rising demand for motion control systems in China and Japan. North America is anticipated to witness significant growth over the forecast period owing to strong presence of manufacturing companies in the region. Growing adoption of automation and robotic technologies is driving regional growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/stepper-motors-market

Further key findings from the report suggest:

  • The global stepper motors market is expected to exhibit a CAGR of 4.1% over the forecast years owing to the increasing penetration of waterproof stepper motors in various application areas
  • The hybrid segment is expected to account for the highest revenue share over the forecast years ascribed to factors such as high torque, high efficiency at low speed, and low stepping rate
  • Increasing requirement of accuracy and stability standards in the system is estimated to catapult the closed-loop motion segment during the forecast period
  • Industrial machinery application segment is expected to witness the fastest growth over the next six years
  • Asia Pacific dominated the market with more than 45.0% revenue share in 2018, owing to the increasing use of motion control systems in Japan and China
  • Key players such as Nippon Pulse America, Inc.; AMETEK Inc.; ORIENTAL MOTOR USA CORP.; MOONS’; Nidec Corporation; MinebeaMitsumi Inc.; Shinano ABV Technologies Pvt. Ltd.; and Phytron GmbH dominated the market in 2018 with their emphasis on expanding market presence through new product development.

Aerospace and Defense Springs Market Worth $377.7 Million By 2025

The global aerospace and defense springs market size is expected to reach USD 377.7 million by 2025 and register a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for commercial aircraft owing to increasing passenger traffic is expected to fuel the market growth. Furthermore, increasing need for fighter jets due to growing security concerns of the nations and increasing border conflicts among Asian countries is also expected to boost the growth of the market over the forecast period.

Springs are small but a crucial part in almost all the major aerospace equipment and some of their major applications are engine controls, aircraft cabin parts, landing mechanism, flow control nozzles, and fuel filtering systems. On the basis of type, the market is segmented into flat spiral/power; coil; and torsion, torque coil, and clutch. Each spring has its own specific design and application, for instance, constant force flat springs are used to help deploy and retract the main entry door, stairs, and cargo doors while torsion springs are used in rocker switches of the aircraft.

Springs improve the performance of the equipment and also help reduce wear and tear of the system. They play an important role in efficient working of the equipment, leading to fuel saving and also facilitate easy operations of many components, especially where space is a constraint. This becomes an important factor in the aerospace and defense sector, where a lot of technological devices are to be fitted in less space.

Equipment used in the aerospace sector should have the ability to endure harsh environments. They need components that are durable and sturdy, and require minimal replacements, upgradation, or maintenance, while being highly precise in dimensions. Springs are highly resistant to pressure, require less maintenance, and have longer work life, which is why they are widely used in aerospace antennas, radar, probes, and satellites that help in navigation and are crucial for the ground service teams.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/aerospace-defense-springs-market

Further key findings from the study suggest:

  • The market is anticipated to reach USD 377.7 million by 2025 and witness a CAGR of 5.2% on account of increasing demand for commercial aircraft and fighter jet
  • By type, coil springs segment is anticipated to witness high CAGR over the forecast period ascribing to its application in wide range of components in aerospace and defense sector
  • Asia Pacific is anticipated to witness high CAGR over the forecast period owing to expanding aerospace sector and MRO facilities in the region
  • The aerospace and defense springs market is fragmented in nature and is dominated by companies such as, Argo Spring Manufacturing Co., Inc.; M. Coil Spring Manufacturing Company; Myers Spring Co. Inc.; Ace Wire Spring & Form Co., Inc.

3D Metrology Market Size Worth $12.6 Billion By 2025

The global 3D metrology market size is estimated to reach USD 12.6 billion by 2025, registering a CAGR of 8.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing demand for high precision and accuracy in measurement, advancements in 3D metrology systems, growing focus on quality control, and hike in R&D expenditure is expected to fuel the market growth over the forecast period.

The increasing adoption of 3D metrology equipment in industries such as automotive, aerospace, engineering and construction, medical, electronics, heavy machinery, and energy and power is one of the most influential factors behind the growth of the market. The surge in demand for coordinate measuring machine for inspection, measurement, and quality check of various components, coupled with better flexibility, less set-up time, and improved outcomes are expected to play a vital role in the growth of the market. In sectors such as automotive and aerospace and defense, the demand for 3D metrology equipment is particularly high and is subject to strict standardization to reduce measurement errors.

3D metrology is widely used for quality control and inspection applications to ensure smooth production while eliminating any additional costs. Within quality control and inspection, the technbology is used for dimensional analysis, machine calibration, CAD-based inspection, and alignment. The advent of industry 4.0 brings forth the rise of smart manufacturing technologies, which, in turn, adds new and diverse complexities within the inspection process. Hence, smart factories that are being developed will find these manufacturing technologies integral to their success.

Geographically, North America accounted for the highest 3D metrology market share in 2018 owing to established automotive and aerospace industries and the presence of many metrology equipment manufacturers and distributors. The Asia Pacific region, however, is expected to exhibit the highest CAGR owing to an increasing number of automotive and electronics manufacturing units in India and China. Automobile industries utilize 3D metrology for different applications such as quality control and inspection, and reverse engineering.

Some of the prominent players in the market include Zeiss International; Hexagon AB; FARO Technologies, Inc.; KLA Corporation; JENOPTIK AG; Nikon Corporation; KEYENCE CORPORATION; CREAFORM; API Metrology; Perceptron, Inc.; 3D Systems, Inc.; and Intertek Group Plc. These players have taken significant initiatives to increase their consumer reach, mostly through new product launch. For instance, in June 2018, Hexagon AB launched the Leica BLK3D solution for real-time 3D measurement. It enables immediate and precise three dimensional measurements from any image it captures.

Zeiss International, on the other hand, launched the metrology solution for e-Mobility that would provide seamless quality assurance for powertrain in hybrid, electronic, and hydrogen fuel cell vehicles. The company also concluded the acquisition of GOM in June 2019 to further strengthen its leading technological position together with GOM, especially in the area of optical digitization systems.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/3d-metrology-market

Further key findings from the study suggest:

  • The services segment is projected to register a CAGR of 9.1% from 2019 to 2025. The growing demand for calibration and measurement services across various product testing laboratories is expected to further fuel the segment growth
  • The automotive segment dominated the market in 2018 and is expected to account for over 23.0% of the global 3D metrology market share in 2025. This is owing to growing number of automotive production units and complex vehicle designs in the emerging economies
  • The Asia Pacific regional market accounted for over 18.0% of the global market in 2018 owing to the increasing automotive production in emerging countries, such as India, and Japan
  • Prominent market players include Hexagon AB; Zeiss International; FARO Technologies, Inc.; Nikon Corporation; KLA Corporation; JENOPTIK AG; and KEYENCE CORPORATION.

South East Asia Nutraceutical Excipients Market Worth $1.03 Billion By 2025

The South East Asia nutraceutical excipients market size is expected to reach USD 1.03 billion by 2025 at an 8.22% CAGR, according to a new report by Grand View Research, Inc. Increasing health consciousness and consequently increasing demand for nutraceuticals among consumers in South East Asia (SEA) are expected to drive market growth.

South East Asian countries are recognized as hubs for innovation as far as new ingredients and functional foods are concerned. Major changes in the urban lifestyle, high dependence on domestic consumption, and rising disposable income of consumers are key factors boosting the nutraceutical industry in these counties.

Many international nutraceutical manufacturers seek entry into the SEA market owing to the high potential for revenue generation through consumer behavior patterns in this region. For instance, in January 2018, ChromaDex introduced its TRU NIAGEN supplement in Singapore through retail partnerships with Watsons. It is the first and only commercial form of nicotinamide riboside, which supports healthy aging by providing protection against cellular stress, boosting energy, and inducing DNA repair.

Countries like Myanmar, Indonesia, and Philippines present higher prevalence of health issues such as hypertension, obesity, and diabetes, thus exhibiting demand for nutraceutical products. Rising investments by multinational nutraceutical manufacturers in this region are also expected to drive demand for local excipient suppliers.

Furthermore, governments of countries in this region are making efforts to introduce more harmonized regulations for the pharma and nutraceutical industry. Better regulatory standards are expected to enhance penetration of nutraceutical excipient manufacturers in the coming years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/south-east-asia-nutraceutical-excipients-market

Further key findings from the report suggest:

  • The South East Asia nutraceutical excipients market is driven by players such as Roquette, Dow Chemical Company, SGS, and Azelis
  • Film coating excipients held the largest revenue share owing to rapid adoption in tablet formulations to overcome key challenges in nutraceutical manufacturing
  • Growing demand for low-calorie sugar substitutes to overcome the undesirable taste of most nutraceuticals is attributive to the fastest growth of the sugars and polyols segment
  • Thailand is projected to witness the fastest growth owing to changing trends in the health and wellness industry. Government initiatives such as the Universal Coverage Scheme further contribute to market growth
  • International companies seek entry into the market through distribution partnerships with local players or establishment of subsidiaries in prominent markets
  • Some key players in the South East Asia nutraceutical excipients market are SPI Pharma; DuPont Nutrition and Health; The Dow Chemical Company; Barentzk; Cargill Inc.; BASF SE; JRS Pharma; BEHN MEYER; and Sensient Colors LLC.

Drug Discovery Outsourcing Market Worth $4.4 Billion By 2025

The global drug discovery outsourcing market size is expected to reach USD 4.44 billion by 2025 at an 8.14% CAGR, according to a new report by Grand View Research, Inc. Urging need to identify potential drug candidates for various chronic diseases is anticipated to fuel growth.

Technological advances in in silico drug designing and accelerating integration of Artificial Intelligence (AI) in drug discovery are driving industry progress. Multiple applications of AI algorithms in drug design and discovery provide opportunities for players to offer specialized drug discovery services. It is useful for processes such as target and compound selection, predictive analytics, screening, and drug repurposing.

Projected rise in adoption of outsourcing over the forecast period is expected to boost market revenue generation. Half of the drug discovery processes are anticipated to be outsourced, thereby creating massive opportunities for CROs, CMOs, and CDMOs to expand their market presence.

Number of collaborations among these organizations, key pharmaceutical players, and several universities has increased over the past few years. This rise in alliance further supports the projected increase in growth potential.

High cost and high risk of drug failure are major challenges faced in drug discovery. However, advances in technology that increase efficiency of drug discovery, coupled with increased adoption of highly advanced technology to provide specialized services, allow outsourcing companies to overcome these challenges.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/drug-discovery-outsourcing-market

Further Key Findings From the Report Suggest:

  • Escalating incidence of respiratory disorders such as asthma and chronic obstructive pulmonary disease (COPD) is projected to indirectly propel market growth. Advancements in technologies, such as emergence of Artificial Intelligence (AI) in the pharmaceutical industry, is also anticipated to accelerate industry progress
  • Moreover, increasing incidences of antibiotic resistance as well as drug resistance have improved focus on discovery of novel compounds to treat conditions such as Multidrug-Resistant TB (MDR-TB)
  • Based on workflow, lead identification and candidate optimization is slated for impressive growth owing to high bottlenecks in this workflow segment
  • By therapeutic area, oncology drug discovery outsourcing is fueled by increasing demand for oncology solutions, coupled with expanding government support in cancer research
  • North America dominates the global market owing to high focus on R&D in identification of novel drug candidates, along with presence of key players
  • Asia Pacific is projected to witness the fastest growth over the forecast period as a result of increasing number of CRO, CMOs, and CDMOs in emerging countries. Rising trend of outsourcing manufacturing and R&D activities to countries such as China and India will aid growth in the region
  • Some of the major players are Charles River; EVOTEC, Laboratory Corporation of America Holdings; GenScript, Merck & Co., Inc.; Jubilant Biosys; Thermo Fisher Scientific, Inc.; Oncodesign; Albany Molecular Research, Inc.; WuXi AppTec; Dalton Pharma Services; Pharmaceutical Product Development, LLC; DiscoverX Corporation; and QIAGEN
  • Collaboration of players with key pharmaceutical companies and academics and research centers is observed to increase in recent years.

Bathroom and Toilet Assist Devices Market Worth $6.0 Billion By 2025

The global bathroom and toilet assist devices market size is expected to reach USD 6.0 billion by 2025 at a 6.2% CAGR, according to a new report by Grand View Research, Inc. Growth in prevalence of chronic diseases, coupled with aging population, has resulted in a rise in individuals with various disabilities. This has significantly driven the global market.

Aging demographics has created a demand for old-age homes and long-term care centers, both of which drive demand for bathroom and toilet assist devices. In addition, rising disposable income and government support toward home healthcare is supporting market growth.

On the other hand, longer product life cycle is primarily challenging the growth of the market. In addition, reusability of these devices is restraining revenue generation. However, growth in demand for these devices is predicted to lower the effect of the above-mentioned factors.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/bathroom-toilet-assist-devices-market

Further key findings from the study suggest:

  • Commodes emerged as the largest product segment as a result of the many benefits offered such as improved adjustability, enhanced ease, and flap on seats
  • Bath lifts and aids form the fastest growing segment owing to increase in number of patients with spinal injuries, which has spurred demand for various forms of mobility assist devices
  • North America dominated the market in terms of revenue in 2016. Improved awareness regarding commercially available assist devices and increasing disposable income are propelling revenue generation in the region
  • Europe is projected to witness swift growth during the forecast period owing to speedy adoption of advanced bathroom and toilet assist devices for patients with disabilities, to facilitate and reduce mobility issues
  • Key players include ArjoHuntleigh; Medical Device Depot; Carex Health Brands; Juvo Solutions; Bischoff & Bischoff GmbH; Invacare Corporation; Prism Medical; Sunrise Medical LLC; and GF Health Products, Inc.

Continuous Peripheral Nerve Block Catheters Market Worth $292.8 Million By 2025

The global continuous peripheral nerve block (cPNB) catheters market is expected to reach USD 292.8 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.2% during the forecast period. Growing orthopedic surgery volumes resulting from the rising prevalence of osteoarthritis and increasing preference for ambulatory surgical centers are the key growth stimulants for the cPNB catheters market. According to the Healthcare Cost and Utilization Project (HCUP), over 546,000 total hip arthroplasty and 789,500 total knee arthroplasty procedures were performed in the U.S. in 2014. Of these, almost 70.0% of hip replacement operations are performed to relieve symptoms of osteoarthritis. This shows the potential demand for these devices in the coming years.

The rate of ambulatory surgeries is escalating due to a growing number of ambulatory surgical centers (ASCs), shortened recovery time, and continued improvements in regional anesthesia techniques. Costs of surgeries in ASC settings are approximately 60.0% less in comparison to those performed in hospitals. The recent inclusion of ambulatory surgeries for reimbursement of knee replacement surgeries by the Centers for Medicare & Medicaid Services in the U.S., along with the inherent benefits of cPNB usage, is likely to boost the demand for these catheters in the coming years.

On the competitive front, the leading players in this space are Pajunk GmbH and B. Braun Melsungen AG. Companies with wider distributor reach, larger product portfolio, and advanced technologies are seen to lead the space. Some other key players are Teleflex, Halyard, and Vygon, which are projected to have a stronger market presence by 2025. Less prominent players trailing behind include Ace Medical, Temena, Epimed International, and others.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/continuous-peripheral-nerve-block-cpnb-catheters-market

Further key findings from the study suggest:

  • The ultrasound segment, based on the insertion technique, held the dominant share of 48.2% owing to associated advantages including improved block quality, faster and longer block duration, and a reduced dose of local anesthetic
  • Lower extremity surgeries represented the most prominent position in the market due to the increasing number of hip and knee replacement surgeries involving the use of cPNB catheters
  • The ambulatory surgical centers segment is estimated to exhibit a noteworthy CAGR during the forecast period. This can be attributed to related benefits such as shorter waiting list, quick discharge, reduced overall procedural cost, and treatment of a higher number of patients
  • Hospitals held 58.5% of the cPNB catheters market
  • Europe is anticipated to register a CAGR of 6.4% during the forecast period owing to the high number of surgeries performed in this region, which involve cPNB usage to manage postoperative pain.

Aircraft MRO Market Size Worth $104.46 Billion By 2025

The global aircraft MRO market size is expected to reach USD 104.46 billion by 2025, registering a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. The growing influx of aircraft OEMs into the MRO sector traditionally dominated by specialized maintenance providers has opened up new avenues for the market growth.

As per the International Air Transport Association (IATA), MRO activities contribute to about 15% of the total operating cost of the airlines. The OEMs as well as specialized MRO providers are making significant investments in new technologies to enhance their service quality and operational efficiency. Profitability of aviation industry hinges on the maintenance of old fleet rather than the sale of new aircraft, which has elevated the importance of the aircraft MRO market.

The service providers in the market constitute of separate department of airline operators or independent MRO providers. These service providers are transforming into full-service suppliers and their role is expected to become a one stop-shop to cater to all of the airline’s MRO needs. For instance, Lufthansa Technik have advanced technical capabilities and have succeeded in selling power-by-the-hour contracts.

In North America, independent MRO providers offer lucrative opportunities for experienced and skilled workers and attractive pay packages to address the growing demand for maintenance activities. For instance, mechanics and avionics technicians lead the laborers’ demand, followed by electrical and software engineers. In 2018, the region witnessed a steep rise in outsourcing for MRO spending.

France-based Airbus S.A.S.-one of the most prominent aircraft manufacturers-is developing its Air+ program, which offers the opportunity to MRO providers of collaborating with other players to seek the best services and to develop customized MRO solutions. The company is also keen on setting MRO service centers in Asia Pacific countries such as India within a partnership mode.

Since February 2019, AFI KLM E&M have been deploying mobile climbing robots in its line maintenance operations. The company is looking forward to integrate climbing robots with Donecle drones for aircraft inspections, used since 2016.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/aircraft-mro-market

Further key findings from the report suggest:

  • Aircraft and engine manufacturers such as Rolls-Royce and Boeing are putting additional focus on aircraft maintenance business and offering total care solutions
  • The opportunities for independent MRO providers are expected to remain buoyant as airlines are expected to continue outsourcing maintenance work for them to focus on their core business, although OEMs are gradually foraying into the MRO space considering the profitability involved
  • Electronic systems are swiftly replacing the mechanical systems. Increasing complexity of the electronic systems is expected to create demand for the skilled workforce for aftermarket service and repair activities

Mini LED Market Size Worth $5.9 Billion By 2025

The global mini LED market size is expected to reach USD 5.9 billion by 2025, at a CAGR of 86.6% over the forecast period, according to a new report by Grand View Research, Inc. Amidst rapid development of Organic Light-Emitting Diodes (OLEDs), mini LEDs have gradually forayed into the industry to bridge the application and technology gap between micro LEDs, which have not been able to overcome their inherent technical hurdles, and traditional LEDs. They are being integrated into backlight modules owing to their increased color gamut and brightness level, lower response time, and improved contrast ratio.

Increasing demand for miniaturized display in consumer electronics devices is expected to positively impact industry growth over the next few years. Mini light-emitting diodes are expected to aid chip makers in gaining market share and technology penetration. Chip sizes ranging from 100 to 200 µm were commercialized in late 2018. Consumer electronics, digital signage, and industrial displays have been the early adopters of this technology. High dynamic range and power-saving capability are some of the features that make them a suitable backlight solution for next-generation displays. Key players are expected to cash in on this opportunity by providing mini LED packages.

Currently, the applications are limited to backlighting in televisions and laptops. These light-emitting diodes have the potential to alter LCDs by decreasing the performance gap with OLED displays. Miniature LEDs are expected to grow beyond these applications in the automotive, smartphone, and digital signage segments. They are suitable for curved display and notch design, and thus in the coming years, are expected to become mainstream smartphones.

Asia Pacific is one of the prominent manufacturing hubs as there are numerous China- and Taiwan-based companies involved in the development and mass production of mini light-emitting diodes. As manufacturers themselves feel that the manufacturing cost is much higher than other technologies, the focus currently hinges on cost reduction before introducing the technology into mainstream applications. Once low-cost products are introduced, miniature LEDs are expected to expand their presence in other regional markets as well.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/mini-led-market

Further key findings from the report suggest:

  • Mini LED is expected to become one of the mainstream display technologies, and thus various vendors are reporting their developments by showcasing these products in several exhibitions and trade shows
  • The automotive display application segment is expected to exhibit the highest CAGR in mini LED market over the forecast period. Mini light-emitting diodes have high contrast and brightness ratio, which provide clarity in automotive displays, thereby ensuring safety and security
  • North America is expected to be early adopters of this technology owing to regional demand for premium gaming monitors and laptops
  • Innolux Corporation; Japan Display, Inc.; Everlight Electronics Co. Ltd.; and EPISTAR Corporation are some of the prominent companies working on the development of mini light-emitting diode technology and products.