Global market for mini-LED and micro-LED products grows to $11.5 billion by 2026

The global market for mini-LED and micro-LED products should grow from $705 million in 2021 to $11.5 billion by 2026, at a compound annual growth rate (CAGR) of 74.8% for the period of 2021-2026, according to new research.

The optoelectronics market for mini-LED and micro-LED products should grow from $684 million in 2021 to $10.9 billion by 2026, at a CAGR of 75.8% for the period of 2021-2026.

The automotive market for mini-LED and micro-LED products should grow from $37 million in 2021 to $498 million by 2026, at a CAGR of 68.2% for the period of 2021-2026.