Micro LED market will increase to 70 billion US dollars in 2027

- Jul 21, 2018 -

Recently, n-Tech Research released a new Micro LED market report, which is expected to increase the Micro LED market from $2.7 billion in 2019 to over $70 billion in 2027.

n-Tech is watching the Micro LED display market. In fact, most analysts believe that it takes three years for Micro LED to be commercialized.

The market for Micro LED displays includes wearables, near-eye displays, head-up displays (HUDs), projection displays, and oversized displays. These applications will benefit from the small size, low weight, high brightness and high resolution of Micro LED displays, while the oversized displays benefit from the linear scalability of Micro LED displays.

According to n-Tech, Micro LEDs will be difficult to penetrate into important display markets such as smartphone displays, tablets and TVs. LCD and OLED will continue to dominate these markets.

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