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.

IHS: micro-LED display shipments to reach 15.5 million units in 2026

Market research company IHS 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 increase in shipments will be fast, but in 2026 micro-LEDs will still amount to only 0.4% of the total display market.

Microdisplay shipments forecast (2019-2026, IHS)

Shipments in 2019-2020 will be virtually non-existance (less than 1,000 units, in fact), but the new emerging display technology will find markets in wearables, TVs, AR and also smartphones.

N-Tech Research: Micro-LED lighting revenues to reach $1.4 billion by 2028

n-tech Research says that the Micro-LED lighting will experience very fast growth, with revenues exceeding $1.4 billion by 2028 with 170 million lighting units shipped.

MicroLED lighting forecast (2019-2026, N-Tech)

n-tech says that some industry analysts say that micro-LED lighting will always remain a tiny niche and only cater for novelty lighting. n-tech, however, sees several advantages of micro-LEDs compared to conventional HB LEDs and expect that these will be enough to earn micro-LEDs a healthy share of the LED lighting market.

Fuji Chimera: micro-LEDs are not yet ready to take over the AR microdisplay market

Fuji Chimera Research Institute says that the global microdisplay market reached $161 million in 2018, led by LCoS panels (59.7%) and OLED panels (27.8%).

VueReal micro-led microdisplay prototype photo

While some analysts expect Micro-LED to take over the AR microdisplay market, Fuji Chimera says that the technology is not mature enough and there are some technology challenges to overcome still - including those in epitaxial wafer process, mass transfer, defect detection and current drive.

We talk Micro-LED technology and market with Yole Développement

Market research firm Yole Développement has been following the Micro-LED market for some years with some very interesting insights and forecasts.

Zine Bouhamri photo (Yole)

Yole's technology & market analyst Zine Bouhamri was kind enough to discuss Yole's Micro-LED views with us. Mr. Zine is is a member of the Photonics, Sensing & Display division at Yole and he's deeply involved in the business development of the Displays unit activities.

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