Germany Micro Led Market Size & Outlook, 2023-2030
Germany micro led market, 2018-2030 (US$M)
Related Markets
Germany micro led market highlights
- The Germany micro led market generated a revenue of USD 7.7 million in 2023 and is expected to reach USD 320.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 70.3% from 2024 to 2030.
- In terms of segment, display was the largest revenue generating application in 2023.
- Display is the most lucrative application segment registering the fastest growth during the forecast period.
Micro led market data book summary
| Market revenue in 2023 | USD 7.7 million |
| Market revenue in 2030 | USD 320.0 million |
| Growth rate | 70.3% (CAGR from 2023 to 2030) |
| Largest segment | Display |
| Fastest growing segment | Display |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Display, Lighting |
| Key market players worldwide | AUO Corp ADR, Electrolux AB ADR, Kyocera Corp, LG Electronics Inc ADR, Samsung Electronics Co Ltd, Sony Group Corp, Ams-OSRAM AG, Cree LED, Innolux, Leyard, Unilumin Group, Cincoze, Cooledge Lighting, Europa Science, VueReal |
Other key industry trends
- In terms of revenue, Germany accounted for 1.2% of the global micro led market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK micro led market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 218.6 million by 2030.
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Micro LED Market Scope
Micro LED Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 81.82% in 2023. Horizon Databook has segmented the Germany micro led market based on display, lighting covering the revenue growth of each sub-segment from 2018 to 2030.
The Germany micro LED market is expected to register a significant CAGR over the forecast period, driven by the strategic initiatives being pursued by the incumbents of the automotive industry to develop innovative, micro LED-based automotive lighting designed to enhance driving comfort and road safety.
For instance, in January 2023, Nichia Corporation, a chemical engineering and manufacturing company, collaborated with Infineon Technologies AG, a semiconductor manufacturer, to launch a fully integrated micro LED light engine for High Definition (HD) adaptive driving beam applications. The collaboration was aimed at enabling smaller, slimmer headlamp designs.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany micro led market , including forecasts for subscribers. This country databook contains high-level insights into Germany micro led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany micro led market size, by application, 2018-2030 (US$M)
Germany Micro LED Market Outlook Share, 2023 & 2030 (US$M)
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