Market research company TrendForce estimates that the market for microLED chips used in large-area displays will grow from $54 million in 2022 to $4.5 billion in 2026, a CAGR of 204%. The market will continue to grow and by 2030 TrendForce sees revenues of tens of billions of dollars.

MicroLED chips for large-area displays, revenue forecast (2022-2026, TrendForce)

There are still obstacles to overcome - technical challenges in both backplane technologies, transfer technologies and driving technologies, and the high cost of the microLED chips themselves.

Tags: