Canada Micro Led Market Size & Outlook, 2024-2030
Related Markets
Canada micro led market highlights
- The Canada micro led market generated a revenue of USD 33.1 million in 2023 and is expected to reach USD 1,735.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 76.1% 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 33.1 million |
| Market revenue in 2030 | USD 1,735.4 million |
| Growth rate | 76.1% (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, Canada accounted for 5.3% 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 |
|---|---|---|---|---|
| VueReal | View profile | 11-50 | Waterloo, Ontario, Canada, North America | https://www.vuereal.com |
| Europa Science | View profile | 11-50 | Cambridge, Cambridgeshire, United Kingdom, Europe | https://www.europascience.com/ |
| Cooledge Lighting | View profile | 51-100 | Richmond, British Columbia, Canada, North America | http://www.cooledgelighting.com |
| Cincoze | View profile | 101-250 | Taipei, T'ai-pei, Taiwan, Asia | https://www.cincoze.com/ |
| Unilumin Group | View profile | 5001-10000 | Shenzhen, Guangdong, China, Asia | https://www.unilumin.com/ |
| Leyard | View profile | 1001-5000 | Hillsboro, Oregon, United States, North America | https://en.leyard.com/ |
| Innolux | View profile | 10001+ | Miaoli, T'ai-wan, Taiwan, Asia | http://www.innolux.com/Pages%2Fen%2FIndex_en.html |
| Cree LED | View profile | 101-250 | Durham, North Carolina, United States, North America | https://cree-led.com |
| Ams-OSRAM AG | View profile | 22461 | Tobelbader Strasse 30, Premstaetten, Austria, 8141 | https://www.ams-osram.com |
| Kyocera Corp | View profile | 81209 | 6, Takeda Tobadono-cho, Fushimi-ku, Kyoto, Japan, 612-8501 | http://www.kyocera.co.jp |
| Electrolux AB ADR | View profile | 41869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | https://www.electroluxgroup.com |
| AUO Corp ADR | View profile | 51378 | No. 1, Li-Hsin Road 2, Hsinchu Science Park, Hsinchu, Taiwan, 300094 | https://www.auo.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
Canada 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 81.87% in 2023. Horizon Databook has segmented the Canada micro led market based on display, lighting covering the revenue growth of each sub-segment from 2018 to 2030.
Smart lighting solutions that combine modern control systems and networking are being adopted aggressively in Canada. Smart lighting solutions enable online control and modification of lighting settings.
The Canadian government also expects micro LED lighting to play a dedicated role in environmental sustainability by consuming less energy and subsequently reducing the carbon footprint of the energy industry.
Continued advances in micro LED-based smart lighting are particularly fueling the adoption of modern lighting technologies in Canada. As such, manufacturers are constantly improving the illumination, color effectiveness, and control capabilities of micro LED lighting.
Reasons to subscribe to Canada 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 Canada 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 Canada micro led market , including forecasts for subscribers. This country databook contains high-level insights into Canada micro led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada micro led market size, by application, 2018-2030 (US$M)
Canada Micro LED Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related 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
