Omdia says that microLED display panel revenues will double in 2026, reaching $105.4 million, up from $52.4 million in 2025. The market is still very small and limit, Omdia says that rapidly maturing manufacturing capabilities and new product adoption are expected to drive significant shipment and revenue growth in the near term.
Most of the growth in the near future will be driven by AR microdisplays and large-area signage displays (which Omdia refers to as public displays). Omdia, like most other analysts, expect microLEDs to grow first in specialized application markets where competing technologies cannot meet performance requirements. - and these include ultra-large tiled displays and ultra-small ultra-high-brightness microdisplay.
In 2027, Omdia sees another 100% jump, where revenues will reach over $200 million, and initial meaningful shipments of TVs and smartwatch displays (but still very small compared to LCDs and OLEDs for these markets). By 2032, the market will reach $6.8 billion, or around 4.4% of the total display market.
