U.S. Micro Led Market Size & Outlook, 2023-2030
U.S. micro led market, 2018-2030 (US$M)
Related Markets
U.S. micro led market highlights
- The U.S. micro led market generated a revenue of USD 138.3 million in 2023 and is expected to reach USD 5,544.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 69.4% 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 138.3 million |
| Market revenue in 2030 | USD 5,544.1 million |
| Growth rate | 69.4% (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, U.S. accounted for 22.2% 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 North America, U.S. micro led market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,735.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Micro LED Market Scope
Micro LED Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 82.21% in 2023. Horizon Databook has segmented the U.S. micro led market based on display, lighting covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. micro LED market is expected to register a significant CAGR over the forecast period. The growth of the market can be attributed to the rising demand for bright, power-efficient display panels for wearable devices, such as Head-Mounted Displays (HMDs) and smartwatches.
The policies being pursued by the U.S. government to encourage the adoption of energy-efficient lighting solutions, such as micro LED lighting, also bode well for the growth of the market. These policies establishing minimum energy efficiency standards for lighting products are designed to encourage consumers to prefer energyefficient lighting over relatively inefficient lighting technologies.
Market players based in the U.S. are pursuing several strategic initiatives to introduce new products in the market. For instance, in May 2023, Mojo Vision Inc., a micro LED provider based in the U.S., partnered with DigiLens Inc., a compatriot mobile compute devices manufacturer, to integrate its micro LED technology with the latter’s waveguides and Surface Relief Gratings (SRG) technology for optimization.
Reasons to subscribe to U.S. micro led market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. micro led market databook
-
Our clientele includes a mix of micro led market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the U.S. micro led market , including forecasts for subscribers. This country databook contains high-level insights into U.S. micro led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. micro led market size, by application, 2018-2030 (US$M)
U.S. Micro LED Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
