Global Mini Led Market Size & Outlook, 2023-2030
Global mini led market, 2018-2030 (US$M)
Related Markets
Global mini led market highlights
- The global mini led market generated a revenue of USD 1,848.5 million in 2023 and is expected to reach USD 38,487.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 54.3% by 2030.
- In terms of segment, standard led accounted for a revenue of USD 794.0 million in 2023.
- Standard LED is the most lucrative led type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,848.5 million |
| Market revenue in 2030 | USD 38,487.0 million |
| Growth rate | 54.3% (CAGR from 2023 to 2030) |
| Largest segment | Standard led |
| Fastest growing segment | Standard LED |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Standard LED, Low-Current LED, Ultra-High Output LED |
Other key industry trends
- In terms of revenue, the North America accounted for 41.7% of the global mini led market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 4,423.9 million by 2030.
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Mini LED Market Scope
Mini LED Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global mini 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 mini led market will help companies and investors design strategic landscapes.
Standard led was the largest segment with a revenue share of 42.95% in 2023. Horizon Databook has segmented the Global mini led market based on standard led, low-current led, ultra-high output led covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Mini LED LED Type Outlook (Revenue, USD Million, 2018-2030)
- Standard LED
- Low-Current LED
- Ultra-High Output LED
- Global Mini LED Technology Type Outlook (Revenue, USD Million, 2018-2030)
- Mini Display
- Mini Lighting
- Global Mini LED Application Outlook (Revenue, USD Million, 2018-2030)
- Consumer Electronics
- Mobile Phones
- Laptop/Notebooks
- Television
- Automotive
- Others
- Consumer Electronics
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Our clientele includes a mix of mini led market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of global-level data and insights on the Global mini led market , including forecasts for subscribers. This global databook contains high-level insights into Global mini led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global mini led market size, by regions, 2018-2030 (US$M)
Top 10 countries: Mini led market size, 2023 (US$M)
Global mini led market share, by led type, 2023 & 2030 (%, US$M)
Mini led market: Opportunity assessment by country
Global mini led market, by region, 2023 (US$M)
| LED Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 10.4 | 26.3 | 70.9 | 147.1 | 299.0 | 770.1 | 1,536.5 | 2,995.7 | 5,388.1 | 7,708.9 | 10,441.2 | 12,887.0 | 15,609.7 | 53.7% |
| Europe | 5.6 | 14.3 | 38.6 | 80.3 | 163.9 | 424.4 | 852.1 | 1,673.9 | 3,017.6 | 4,338.7 | 5,905.7 | 7,325.3 | 8,917.2 | 54.5% |
| Asia Pacific | 6.7 | 17.0 | 46.1 | 96.0 | 196.0 | 507.1 | 1,016.9 | 1,993.6 | 3,597.7 | 5,170.5 | 7,034.6 | 8,721.7 | 10,612.3 | 54.4% |
| Latin America | 1.3 | 3.4 | 9.4 | 19.8 | 40.9 | 106.8 | 215.8 | 425.5 | 780.0 | 1,132.6 | 1,556.7 | 1,949.5 | 2,395.8 | 56.0% |
| MEA | 0.5 | 1.3 | 3.4 | 7.3 | 15.2 | 40.2 | 82.6 | 166.5 | 302.2 | 441.7 | 611.0 | 770.0 | 952.0 | 57.2% |
| Overall | 24.6 | 62.3 | 168.5 | 350.6 | 714.9 | 1,848.5 | 3,704.0 | 7,255.2 | 13,085.5 | 18,792.3 | 25,549.2 | 31,653.5 | 38,487.0 | 54.3% |
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