The North America MicroLED Interconnect Market is expected to witness market growth of 17.7% CAGR during the forecast period (2025-2032).
The US market dominated the North America MicroLED Interconnect Market by country in 2024 and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $166.7 Million by 2032. The Canada market is experiencing a CAGR of 21.2% during 2025-2032. Additionally, the Mexico market is expected to exhibit a CAGR of 19.9% during 2025-2032.
North America’s MicroLED interconnect market is rising rapidly due to a robust combination of federal incentives like the CHIPS and Science Act, academic research, and innovative manufacturing from companies like TSMC, Apple, and defense agencies. The region has demonstrated a quick and promising growth from lab testing to strong manufacturing. Academic institutions like Texas University and organizations such as DARPA & U.S. Department of Energy are facilitating the growth of new strategies and development of advance products. In the region the strategic partnerships are growing between companies and organization which driving the growth of the market.
Governmental funding is driving the capacity of GaN-on-Si chips made in the US, which is crucial for the manufacturing of the MicroLED chips. Meanwhile, OEMs are concentrating on the development of the advanced products. As per the Semiconductor Industry Association (SIA), there are 46 new semiconductor ecosystem projects going on in the U.S. right now. These include building new manufacturing facilities (fabs), expanding existing ones, and building facilities that supply the materials and equipment needed for these projects. Companies have put in more than $180 billion into these projects. This growth of the semiconductor industry in the region is giving expansion opportunities to the market.
Top university and institution in Canada like University of Toronto and UBC and Canadian Photonics Fabrication Centre (CPFC) are collaborating together to build a robust photonics research ecosystems which drives the demand for the MicroLED interconnect. In addition, the national Optical Quantum Strategic Plan (NOQSP) is supporting the new ideas and technologies that require the MicroLED interconnect. As per the STIP Compass, budget 2021 committed $360 million over 7 years, starting in 2021-22, to launch Canada’s National Quantum Strategy. The Strategy was released on January 13, 2023. This high budget for quantum development is driving the growth of the MicroLED interconnect. Furthermore, Canada is focusing on the energy-efficient, high-speed MicroLED interconnect technologies.
The US market dominated the North America MicroLED Interconnect Market by country in 2024 and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $166.7 Million by 2032. The Canada market is experiencing a CAGR of 21.2% during 2025-2032. Additionally, the Mexico market is expected to exhibit a CAGR of 19.9% during 2025-2032.
North America’s MicroLED interconnect market is rising rapidly due to a robust combination of federal incentives like the CHIPS and Science Act, academic research, and innovative manufacturing from companies like TSMC, Apple, and defense agencies. The region has demonstrated a quick and promising growth from lab testing to strong manufacturing. Academic institutions like Texas University and organizations such as DARPA & U.S. Department of Energy are facilitating the growth of new strategies and development of advance products. In the region the strategic partnerships are growing between companies and organization which driving the growth of the market.
Governmental funding is driving the capacity of GaN-on-Si chips made in the US, which is crucial for the manufacturing of the MicroLED chips. Meanwhile, OEMs are concentrating on the development of the advanced products. As per the Semiconductor Industry Association (SIA), there are 46 new semiconductor ecosystem projects going on in the U.S. right now. These include building new manufacturing facilities (fabs), expanding existing ones, and building facilities that supply the materials and equipment needed for these projects. Companies have put in more than $180 billion into these projects. This growth of the semiconductor industry in the region is giving expansion opportunities to the market.
Country Outlook
The MicroLED interconnect market in U.S. is changing rapidly due to the rapid developments in the heterogeneous integration, chip-scale photonics, and optical I/O systems, done by the companies Avicena Tech with its LightBundle™ platform. As per the National Center for Science and Engineering Statistics, between 2020 and 2021, U.S. R&D performance by the semiconductor manufacturing industry increased 9.8% in current U.S. dollars to $47.4 billion. Governmental programs such as DARPA's C2OI and university like MIT and Rochester are rapidly increasing and showing progress in flip-chip bonding, micro-optics, and fiber-aligned interposers. This is supported by the high investment from government and strengthening the innovation in the country.Top university and institution in Canada like University of Toronto and UBC and Canadian Photonics Fabrication Centre (CPFC) are collaborating together to build a robust photonics research ecosystems which drives the demand for the MicroLED interconnect. In addition, the national Optical Quantum Strategic Plan (NOQSP) is supporting the new ideas and technologies that require the MicroLED interconnect. As per the STIP Compass, budget 2021 committed $360 million over 7 years, starting in 2021-22, to launch Canada’s National Quantum Strategy. The Strategy was released on January 13, 2023. This high budget for quantum development is driving the growth of the MicroLED interconnect. Furthermore, Canada is focusing on the energy-efficient, high-speed MicroLED interconnect technologies.
List of Key Companies Profiled
- Samsung Electronics Co., Ltd. (Samsung Group)
- Apple, Inc.
- Sony Corporation
- LG Electronics, Inc. (LG Corporation)
- AU Optronics Corporation
- BOE Technology Group Co., Ltd.
- AvicenaTech, Corp.
- Aledia
- Ayar Labs, Inc.
- EPISTAR Corporation
Market Report Segmentation
By Product Type
- Chip-to-Chip
- GPU-to-GPU
- GPU-to-Memory
By Data Rate
- Less than 25 GBPS
- 25 - 50 GBPS
- More than 100 Gbps
- 50 - 100 Gbps
By Distance
- Less than 1 meter
- 1 - 5 meter
- More than 5 meter
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Value Chain Analysis of MicroLED Interconnect Market
Chapter 7. North America MicroLED Interconnect Market by Product Type
Chapter 8. North America MicroLED Interconnect Market by Data Rate
Chapter 9. North America MicroLED Interconnect Market by Distance
Chapter 10. North America MicroLED Interconnect Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Samsung Electronics Co., Ltd. (Samsung Group)
- Apple, Inc.
- Sony Corporation
- LG Electronics, Inc. (LG Corporation)
- AU Optronics Corporation
- BOE Technology Group Co., Ltd.
- AvicenaTech, Corp.
- Aledia
- Ayar Labs, Inc.
- EPISTAR Corporation