Global Micro Led Market Size & Outlook
The micro led industry worldwide is expected to reach a projected revenue of US$ 25,650.7 million by 2030. A compound annual growth rate of 70.1% is expected of the worldwide micro led industry from 2024 to 2030.
Revenue, 2023 (US$M)
$623.6
Forecast, 2030 (US$M)
$25,650.7
CAGR, 2024 - 2030
70.1%
Report Coverage
Worldwide
Global micro led market, 2018-2030 (US$M)
Related Markets
Global micro led market highlights
- The global micro led market generated a revenue of USD 623.6 million in 2023 and is expected to reach USD 25,650.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 70.1% by 2030.
- In terms of segment, display accounted for a revenue of USD 512.8 million in 2023.
- Display is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 623.6 million |
| Market revenue in 2030 | USD 25,650.7 million |
| Growth rate | 70.1% (CAGR from 2023 to 2030) |
| Largest segment | Display |
| Fastest growing segment | Display |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Display, Lighting |
Other key industry trends
- In terms of revenue, the North America accounted for 27.5% of the global micro led market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 2,909.5 million by 2030.
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Micro LED Market Scope
Micro led market segmentation & scope
Television
AR & VR
Automotive
Smartwatch
Smartphone, Tablets, and Laptops
General Lighting
Automotive Lighting
Micro LED Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global micro led market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to micro led market will help companies and investors design strategic landscapes.
display was the largest segment with a revenue share of 82.23% in 2023. Horizon Databook has segmented the Global micro led market based on display, lighting covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Micro LED Application Outlook (Revenue, USD MIllion, 2018-2030)
- Display
- Television
- AR & VR
- Automotive
- Smartwatch
- Smartphone, Tablets, and Laptops
- Lighting
- General Lighting
- Automotive Lighting
- Display
- Global Micro LED Display Pixel Density Type Outlook (Revenue, USD MIllion, 2018-2030)
- Less than 3000ppi
- 3000ppi to 5000ppi
- Greater than 5000ppi
- Global Micro LED End use Outlook (Revenue, USD MIllion, 2018-2030)
- Automotive
- Consumer Electronics
- Healthcare
- BFSI
- Aerospace & Defence
- Others
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Target buyers of Global micro led market databook
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Our clientele includes a mix of micro led market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global micro led market , including forecasts for subscribers. This global databook contains high-level insights into Global micro led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global micro led market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Micro led market size, 2023 (USD MIllion)
Top 10 countries: Micro led market size, 2023 (USD MIllion)
Global micro led market, by region, 2023 (US$M)
Related regional statistics
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