India Mini Led Market Size & Outlook, 2023-2030

The mini led market in India is expected to reach a projected revenue of US$ 275.9 million by 2030. A compound annual growth rate of 62.7% is expected of India mini led market from 2024 to 2030.
Revenue, 2023 (US$M)
$9.2
Forecast, 2030 (US$M)
$275.9
CAGR, 2024 - 2030
62.6%
Report Coverage
India

India mini led market highlights

  • The India mini led market generated a revenue of USD 9.2 million in 2023 and is expected to reach USD 275.9 million by 2030.
  • The India market is expected to grow at a CAGR of 62.7% from 2024 to 2030.
  • In terms of segment, standard led was the largest revenue generating led type in 2023.
  • Standard LED is the most lucrative led type segment registering the fastest growth during the forecast period.

Mini led market data book summary

Market revenue in 2023USD 9.2 million
Market revenue in 2030USD 275.9 million
Growth rate62.7% (CAGR from 2023 to 2030)
Largest segmentStandard led
Fastest growing segmentStandard LED
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStandard LED, Low-Current LED, Ultra-High Output LED
Key market players worldwideAUO Corp ADR, Everlight Electronics, Innolux, Japan Display Inc, Hon Hai Precision Industry Co Ltd, Ams-OSRAM AG

Other key industry trends

  • In terms of revenue, India accounted for 0.5% of the global mini led market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China mini led market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 275.9 million by 2030.

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Mini LED Market Companies

Name Profile # Employees HQ Website

India 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 43.48% in 2023. Horizon Databook has segmented the India 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.


  • India Mini LED LED Type Outlook (Revenue, USD Million, 2018-2030)
    • Standard LED
    • Low-Current LED
    • Ultra-High Output LED
  • India Mini LED Technology Type Outlook (Revenue, USD Million, 2018-2030)
    • Mini Display
    • Mini Lighting
  • India Mini LED Application Outlook (Revenue, USD Million, 2018-2030)
    • Consumer Electronics
      • Mobile Phones
      • Laptop/Notebooks
      • Television
    • Automotive
    • Others

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  • Our clientele includes a mix of mini 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India mini led market , including forecasts for subscribers. This country databook contains high-level insights into India mini led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India mini led market size, by led type, 2018-2030 (US$M)

India Mini LED Market Outlook Share, 2023 & 2030 (US$M)

India mini led market size, by led type, 2018-2030 (US$M)

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