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.

Rohinni and Magna Electronics announce a new JV to develop flexible Micro-LED lighting panels for automotive applications

US-based Rohinni announced a new joint-venture with Magna Electronics to develop flexible mini-LED and micro-LED based lighting devices for the automotive market.

Rohinni flexible Micro-LED lighting prototype photo

The new JV, controlled by Magna Electronics will be called Magna Rohinni Automotive Electronics and will be based in Holly, Michagan, US. In addition to the JV, Magna also made a minority equity investment in Rohinni.