North America Micro Led Market Size & Outlook, 2023-2030
North America micro led market, 2018-2030 (US$M)
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North America micro led market highlights
- The North America micro led market generated a revenue of USD 171.4 million in 2023.
- The market is expected to grow at a CAGR of 70.8% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 171.4 million |
| Market revenue in 2030 | USD 7,279.7 million |
| Growth rate | 70.8% (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 |
| 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, North America region accounted for 27.5% of the global micro led market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 2,298.2 million by 2030.
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Micro LED Market Scope
Micro LED Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 82.15% in 2023. Horizon Databook has segmented the North America micro led market based on display, lighting covering the revenue growth of each sub-segment from 2018 to 2030.
The North America micro LED market is expected to witness significant growth over the forecast period. The growth of the regional market can be attributed to the proliferation of smartwatches, tablets, and smartphones, among other smart devices, which are increasingly utilizing micro LED displays, in the U.S. and Canada.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America micro led market , including forecasts for subscribers. This continent databook contains high-level insights into North America micro led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America micro led market size, by country, 2018-2030 (US$M)
North America Micro LED Market Outlook Share, 2023 & 2030 (US$M)
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