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Global Micro-LED Strategic Market Report 2023: Increasing Demand for Wearable Devices to Support Growth
[February 11, 2023]

Global Micro-LED Strategic Market Report 2023: Increasing Demand for Wearable Devices to Support Growth

DUBLIN, Feb. 11, 2023 /PRNewswire/ -- The "Micro-LED: Global Strategic Business Report" report has been added to's offering.

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The global market for Micro-LED estimated at US$574.3 Million in the year 2022, is projected to reach a revised size of US$58.6 Billion by 2030, growing at a CAGR of 78.3% over the analysis period 2022-2030.

Display, one of the segments analyzed in the report, is projected to record 80.2% CAGR and reach US$49.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Lighting segment is readjusted to a revised 70.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $168 Million, While China is Forecast to Grow at 73.4% CAGR

The Micro-LED market in the U.S. is estimated at US$168 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.5 Billion by the year 2030 trailing a CAGR of 73.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 71% and 66.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 53.1% CAGR.

Select Competitors (Total 33 Featured) -

  • Aledia
  • ALLOS Semiconductors GmbH
  • Apple, Inc.
  • AU Optronics Corporation
  • BOE Technology Group Co., Ltd.
  • CEA-Leti
  • Changchun Institute Of Applied Chemistry
  • Crystalwise Technology Inc.
  • Epistar Corporation
  • Fraunhofer-Gesellschaft zur Forderung der angewandten Forschung e.V.
  • Glo AB
  • Himax Display, Inc.
  • Hon Hai Precision Industry Co., Ltd. (Foxonn)
  • Hong Kong University of Science and Technology
  • Iii-V LAB
  • Industrial Technology Research Institute
  • Jasper Display Corporation
  • Jbd Inc.
  • LG Display Co., Ltd.
  • Lumens
  • Luminit, LLC.
  • Lumiode, Inc.
  • Macroblock, Inc
  • Nichia Corporation
  • Oculus VR LLC
  • Ostendo Technologies, Inc.
  • PlayNitride Inc.
  • Plessey Semiconductors Ltd.
  • Rohinni LLC.
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Unimicron Technology Corporation
  • Uniqarta, Inc.
  • VerLASE Technologies LLC
  • Vuereal

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Micro-LED Market to Witness Rapid Growth
  • Micro-LED - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)


  • An Overview of Leading Players


  • Increasing Interest towards Micro-LED Displays from Electronic Giants to Bode Well for Market Growth
  • Increasing Demand for Power-Efficient and Brighter Display Panels for AR/VR Devices, Mobile Devices, and SmartWatches to Support Market Demand
  • Micro-LED Display Forecast in Millions of Units by Product Type
  • Collins Aerospace Pioneers the Launch of MicroLED Reading Light
  • Increasing Demand for Wearable Devices to Support Market Growth
  • Breakdown of Demand for Wearable Devices in Units (M) by Region: 2015-2022
  • Adoption of Micro-LEDs in AR/VR Applications
  • MicroLED Adoption in AR Headsets (M Units): 2018-2027
  • Micro-LEDs in Advertisement Sector
  • MicroLEDs in Consumer Electronics
  • Innovations/ Technological Advancements to Advance Market Opportunities
  • Product Introductions to propel Market Growth
  • Increasing Demand for OLEDs to Impact Market Growth
  • Total Shipments of Smartwatch Display by Technology: 2014-2018
  • Growing Demand for Folded and Flexible Displays to Restrain Market Growth
  • A Prelude into Patent Landscape of Micro-LED Market
  • Breakdown of Patent Family by Company Type (2018)




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