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According to the research report “North America Micro-LED Market Outlook, 2027" published by Actual Market Research, the Micro-LED market is projected to grow at a CAGR of 77.04% by the forecast period. Increasing penetration of consumer electronics in North America is expected to drive the Micro-LED market growth. The North America Micro-LED market is segmented into three major countries which are United States, Canada and Mexico. United States is forecasted to have maximum market share in North America region. Increasing demands of higher quality displays, augmented reality (AR), virtual reality (VR) and head-up displays are pushing the adoption of Micro LEDs in United States. Micro-LED displays provide attractive and high specification quality compared to any other LED technology. These attributes are accounted for fuelling the Micro-LED market growth as well as prominent market share in consumer electronics segment.
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Covid-19 pandemic, various industries and businesses have witnessed challenges related to the production as well as supply chain. The Micro-LED industry in North America was no exception. North America region is an important share of the raw materials for the Micro-LEDs. But thenindustry was significantly affected during the Covid-19 pandemic. The region was under severe clutches of the Covid-19 outbreak. The demand of Micro-LED technology is expected to remain low due to ongoing pandemic. It is expected that Micro-LED market in North America will peak up its pace by the second quarter of 2022.
Major companies present in the market : LuxVue Technology (Apple Inc.), Oculus VR Inc. (Meta Inc.) , Sony Corporation , Samsung Electronics Co.,Limited , LG Display Co. Limited ,Innolux Corporation, Epistar Corporation, Ostendo technologies, Inc, JBD Inc., Rohinni LLC , Optovate Limited, Aledia SA, Plessey Semiconductors
Considered in this report
- Geography: Middle East Africa
- Historic Year: 2016
- Base year: 2021
- Estimated year: 2022
- Forecast year: 2027
Aspects covered in this report
- North America Micro-LED market with its value and forecast along with its segments
- Country-wise Micro-market analysis
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
Strategic recommendation Regions covered in the report
- United States
- Canada
- Mexico
Types of Technology in the report
- Micro Display
- Small Medium-sized
- Large Panel
By End User in the report:
- Consumer Electronics
- Automotive
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Table of Contents
- Executive Summary
- Report Methodology
- Market Structure
3.1. Market Considerate
3.2. Market Definition
- Economic /Demographic Snapshot
- Global Micro-LED Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Country
5.2.3. By End User
5.2.4. By Application
5.2.5. By Panel Size
- North America Micro-LED Market Outlook
6.1. Market Size by Value
6.2. Market Share
6.2.1. By Country
6.2.2. By End User
6.2.3. By Application
6.2.4. By Panel Size
6.3. US Micro-LED Market Outlook
6.3.1. Market Size by Value
6.3.2. Market Share
6.3.2.1. By Application6.2.3. By Vehicle Type
6.2.4. By Fuel Type
6.2.5. By Sales Channel
Continue……….
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