Market Value of Micro LED Transparent AR Smart Glasses Chips Estimated at Approximately US$38.3 Million by 2026
Since 2021, more than 10 branded manufacturers around the world have launched Micro LED transparent AR smart glasses concepts and related suppliers have improved Micro LED technology and accelerated factory expansion in order to meet subsequent mass production planning. In 2026, the revenue of Micro LED transparent AR smart glasses chips is forecast at approximately US$38.3 million, with annual compound growth rate of Micro LED chips from 2023 to 2026 at approximately 704%.
However, the current difficulties encountered in the development of Micro LED transparent AR smart glasses mainly arise from optical waveguide technology, light engine technology, battery storage capacity, and image transmission issues. Since transparent smart glasses require high-resolution and high-brightness specifications for outdoor use, Micro LED is the first choice for its light engine.
At present, Micro LED light engine technology is not yet mature and the external quantum efficiency of red chips is too low. Problems regarding the miniaturization of microdisplays have appeared one by one. In addition, microdisplay sizes are too small, resulting in small field of view (FOV) so narrow as to affect viewing. If the optical waveguide design method is employed, optical efficiency falls at less than 1%, and incidental light must provide higher brightness to meet the specifications necessary for outdoor use of microdisplays. In addition, transparent smart glasses will need to be worn for a certain period of time. Therefore, battery lifespan and size directly affect product design. Furthermore, another major obstacle is finding a way to integrate the sensor to transmit and process image data.
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