MicroLED Microdisplays - quick market snapshot

This article is an extract from The MicroLED Handbook, 2020 edition, and gives a short introduction to the current market status of MicroLED Microdisplays. The handbook was published in January 2020 - there has been some updates since then, for example Plessey's recent soft-acquisition by Facebook and MICLEDI's technology was revealed.

There are several companies that develop microLED microdisplays, and these are gearing up to begin mass production of displays soon. It is likely that microdisplays will be the first type of commercial displays enabled by microLED technology.

Yole Developpement: the rate of MicroLED patent filing is rising exponentially

Yole Developpement reports that about 5,500 microLED patents (2,500 patent families) have been filed, by more than 350 organizations. The rate of patent filing is growing exponentially - 40% of the patents were filed in 2019.

Patent publication timeline (2001-2019, Yole Developpement)

According to Yole, the recent patent filing shows that the industry is moving from prototypes to commercial consumer displays. Other notable new finding include that startup companies are a major innovation force, Apple is slowing down with its IP (but this could mean that the company is now focused on commercialization), and Samsung pursues multiple development tracks. BOE is another strong microLED IP player, with almost 150 patent familiies filed in 2019.

The Perovskite Handbook - 2020 edition

MicroLED-Info and Perovskite-Info are happy to announce the 2020 edition of The Perovskite Handbook. This book is a comprehensive guide to perovskite materials, applications and industry, and it is now updated to January 2020 and lists recent developments and new companies, initiatives and research activities.

Perovskites are an exciting class of materials that feature a myriad of exciting properties. Perovskites are now entering the display market, with applications in quantum dots, LEDs, lasers and more.

The Perovskite Handbook

Reading this book, you'll learn all about:

  • Different perovskite materials, their properties and structure
  • How perovskites can be made, tuned and used
  • What kinds of applications perovskites are suitable for
  • Perovskites Quantum Dots
  • Perovskite solar cells, their merits and challenges
  • Perovskites-based LEDs
  • The state of the perovskite market, potential and future

Introducing The MicroLED Handbook

MicroLED-Info is proud to present The MicroLED Handbook. This book is a comprehensive guide to MicroLED display technology, industry and market. MicroLED displays are thin, efficient, bright and flexible and are on track to revolutionize the display industry.

The MicroLED Handbook

Reading this book, you'll learn all about:

  • MicroLED technology, materials and production processes
  • How MicroLEDs compare to LCDs and OLEDs
  • What are the challenges towards commercial production
  • LED technology and manufacturing processes
  • MicroLED driving and full-color architectures
  • The MicroLED displays currently on the market

RitDisplay announces it is shifting its focus from PMOLED to MicroLED displays

In May 2019 PMOLED display maker RiTDisplay announced a strategic partnership and share swap with MicroLED developer PlayNitride, and RiT later said it aims to release its first product to the market in 2020.

PlayNitride high-brightness high-density passive-matrix wearable Micro-LED prototype (SID 2019)

RiT announced today that its revenues for the year (to date) were $47.1 million USD - a decrease of 32.4% compared to last year. The company's CEO says that its PMOLED sales has been affected by e-cigarette bans in the US, and the company is now shifting its focus to develop micro LED displays (and also mini-LED ones).

Yole: microLED shipments to reach over 125 million panels by 2027

Market analysts at Yole Developpement say that microLED shipments will reach over 125 million panels by 2027. In their aggressive scenario, shipments will reach almost 450 million.

MicroLED panel shipments forecast (2021-2027, Yole)

Yole says that microLED technologies are advancing rapidly - and on all fronts, but there are still many challenges to overcome before mass production arrives. MicroLED makes a strong case for the AR, smartwatch and automotive market. For the smartphones and TV markets it is less clear whether MicroLEDs could succeed.

AU Optronics sees Micro-LED displays entering the market in the next 1-2 years

AU Optronics president, Paul Peng, says that he expects Micro-LED displays to enter the market within 1-2 years. The first displays will be large-area signage and small-sized VR displays. Micro-LEDs for the automotive market will take longer to commercialize - around 5 years.

AUO 12.1'' LTPS micro-LED prototype (August 2019)

AUO recently demonstrated a 12.1" LTPS micro-LED display prototype that features a resolution of 1920x720 (169 PPI). AUO discloses that this display was produced using the company's self-developed transfer process that can move 50,000 - 60,000 LEDs per transfer (AUO did not detail the time it takes to perform a single transfer, though). AUO is now developing repair technology to take care of damaged LEDs.

UBI sees Micro-LED revenues reaching $6 billion by 2025

Korean market research company UBI Research forecasts that Micro-LED revenues will grow from around $100 million in 2019 to over $6 billion in 2025.

MicroLED display revenue forecast (2018-2025, UBI Research)
IHS Markit recently said that it expects MicroLED display shipments to reach 15.5 million units in 2026, as sharp production cost improvements will enable micro-LED technology to achieve mass market success. The new emerging display technology will find markets in wearables, TVs, AR and also smartphones.