Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Miniature Light Emitting Diode Market by Type (BTS, BTV, Others), By Application (Automobile, Electronics) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Miniature Light Emitting Diode Market by Type (BTS, BTV, Others), By Application (Automobile, Electronics) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 134098 3300 Electronics & Semiconductor 377 248 Pages 4.7 (49)

Market Overview:

The global miniature light emitting diode market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniature light emitting diodes in automobiles and electronics applications. Miniature light emitting diodes are used as backlights, indicator lights, and switches in various electronic devices such as smartphones, laptops, tablets, and televisions. They are also used as headlamps and taillights in automobiles.

Global Miniature Light Emitting Diode Industry Outlook

Product Definition:

A miniature light emitting diode (miniature LED) is a small semiconductor light source. LEDs are used in various applications, including automotive lighting, traffic signals, and as indicator lights on electronic devices.


BTS is a small, thin-film semiconductor that can be easily incorporated into any material or device. It has the ability to convert electrical energy into light with very high efficiency. BTS has applications in LED and organic LEDs (OLEDs). The growth factor for the global miniature light-emitting diode market is expected to grow at a CAGR of XX% from 2017 to 2024.


BASF’s TV Visible is a transparent, flexible and robust glass that can be bent, rolled and molded into any shape. It is the key component in making advanced light-emitting diodes (LEDs) as it allows to achieve high brightness with less power consumption. The material has applications across various segments such as lighting, automotive & transportation, consumer electronics and medical sectors.

Application Insights:

Automotive application segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. Miniature LEDs are used as indicators, headlamps, turn lamps, and other auxiliary lamps in automobiles. The growing importance of LED lights for aesthetic purposes as well as safety reasons is anticipated to boost their demand in automotive applications during the forecast period.

The electronics segment was valued at USD 391 million in 2017 owing to increasing use of these lights on electronic devices such as mobile phones, media players, laptops/notebooks etcetera. In addition, they are also used on household appliances such a refrigerators and washing machines among others which further boosts their demand globally mini light emitter diode market by application annually since 2014 till 2018 respectively).

Regional Analysis:

Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising disposable income, coupled with a rise in consumer electronics spending. China accounted for more than 50% of global sales in 2016 and this trend is expected to continue over the forecast period owing to increasing production of LED lighting products and growing adoption across various applications such as automotive, signboards, industrial & commercial and others.

Growth Factors:

  • Increasing demand for energy-efficient lighting solutions
  • Rising demand from the automotive sector
  • Growing popularity of LED lighting in commercial applications
  • Proliferation of LED-based displays and signage
  • Technological advancements in LED lighting

Scope Of The Report

Report Attributes

Report Details

Report Title

Miniature Light Emitting Diode Market Research Report

By Type

BTS, BTV, Others

By Application

Automobile, Electronics

By Companies

OSRAM, Mouser, Superlum, Cree, Kingbright

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Miniature Light Emitting Diode Market Report Segments:

The global Miniature Light Emitting Diode market is segmented on the basis of:


BTS, BTV, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Automobile, Electronics

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. OSRAM
  2. Mouser
  3. Superlum
  4. Cree
  5. Kingbright

Global Miniature Light Emitting Diode Market Overview

Highlights of The Miniature Light Emitting Diode Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. BTS
    2. BTV
    3. Others
  1. By Application:

    1. Automobile
    2. Electronics
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Miniature Light Emitting Diode Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Miniature Light Emitting Diode Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A miniature light emitting diode is a small, thin-film LED that emits light when an electric current is passed through it. Miniature LEDs are often used in electronic devices because they are smaller and more energy efficient than traditional LEDs, and they can be integrated into larger designs without sacrificing performance.

Some of the major players in the miniature light emitting diode market are OSRAM, Mouser, Superlum, Cree, Kingbright.

The miniature light emitting diode market is expected to grow at a compound annual growth rate of 6.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Miniature Light Emitting Diode Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Miniature Light Emitting Diode Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Miniature Light Emitting Diode Market - Supply Chain
   4.5. Global Miniature Light Emitting Diode Market Forecast
      4.5.1. Miniature Light Emitting Diode Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Miniature Light Emitting Diode Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Miniature Light Emitting Diode Market Absolute $ Opportunity

5. Global Miniature Light Emitting Diode Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Miniature Light Emitting Diode Market Size and Volume Forecast by Type
      5.3.1. BTS
      5.3.2. BTV
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Miniature Light Emitting Diode Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Miniature Light Emitting Diode Market Size and Volume Forecast by Application
      6.3.1. Automobile
      6.3.2. Electronics
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Miniature Light Emitting Diode Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Miniature Light Emitting Diode Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Miniature Light Emitting Diode Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Miniature Light Emitting Diode Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Miniature Light Emitting Diode Demand Share Forecast, 2019-2029

9. North America Miniature Light Emitting Diode Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Miniature Light Emitting Diode Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Miniature Light Emitting Diode Market Size and Volume Forecast by Application
      9.4.1. Automobile
      9.4.2. Electronics
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Miniature Light Emitting Diode Market Size and Volume Forecast by Type
      9.7.1. BTS
      9.7.2. BTV
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Miniature Light Emitting Diode Demand Share Forecast, 2019-2029

10. Latin America Miniature Light Emitting Diode Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Miniature Light Emitting Diode Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Miniature Light Emitting Diode Market Size and Volume Forecast by Application
      10.4.1. Automobile
      10.4.2. Electronics
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Miniature Light Emitting Diode Market Size and Volume Forecast by Type
      10.7.1. BTS
      10.7.2. BTV
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Miniature Light Emitting Diode Demand Share Forecast, 2019-2029

11. Europe Miniature Light Emitting Diode Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Miniature Light Emitting Diode Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Miniature Light Emitting Diode Market Size and Volume Forecast by Application
      11.4.1. Automobile
      11.4.2. Electronics
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Miniature Light Emitting Diode Market Size and Volume Forecast by Type
      11.7.1. BTS
      11.7.2. BTV
      11.7.3. Others
   11.8. Basis Point Share (BP) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Miniature Light Emitting Diode Demand Share, 2019-2029

12. Asia Pacific Miniature Light Emitting Diode Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Miniature Light Emitting Diode Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Miniature Light Emitting Diode Market Size and Volume Forecast by Application
      12.4.1. Automobile
      12.4.2. Electronics
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Miniature Light Emitting Diode Market Size and Volume Forecast by Type
      12.7.1. BTS
      12.7.2. BTV
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Miniature Light Emitting Diode Demand Share, 2019-2029

13. Middle East & Africa Miniature Light Emitting Diode Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Miniature Light Emitting Diode Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Miniature Light Emitting Diode Market Size and Volume Forecast by Application
      13.4.1. Automobile
      13.4.2. Electronics
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Miniature Light Emitting Diode Market Size and Volume Forecast by Type
      13.7.1. BTS
      13.7.2. BTV
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Miniature Light Emitting Diode Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Miniature Light Emitting Diode Market: Market Share Analysis
   14.2. Miniature Light Emitting Diode Distributors and Customers
   14.3. Miniature Light Emitting Diode Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. OSRAM Overview Financials Developments Strategic Outlook
      14.4.2. Mouser Overview Financials Developments Strategic Outlook
      14.4.3. Superlum Overview Financials Developments Strategic Outlook
      14.4.4. Cree Overview Financials Developments Strategic Outlook
      14.4.5. Kingbright Overview Financials Developments Strategic Outlook
      14.4.6. COMPANY6 Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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