Micro LED Large-Sized Display Chip Market Estimated to Reach 2.7 Billion US dollars by 2026
The chip market is expected to reach US$2.7 billion with a compound annual growth rate of approximately 241% from 2021 to 2026.
Large-Sized displays are currently the most anticipated products among a number of Micro LED display applications. However, the greater Micro LED market remains at a R&D and experimental stage as branded manufacturers have yet to launch mass-produced products.
There are still technical and cost bottlenecks that need to be completely overcome before mass production and commercialization are feasible including improvement of wafer wavelength uniformity, increasing mass transfer production capacity, and improvement of glass backplane metallization yield rate.
TrendForce will hold the Micro LED Forum 2022 on September 13 of this year. This forum will reveal the current progress of various manufacturers in developing Large-Sized displays from the perspectives of epitaxy, mass transfer, backplane technology, and equipment development.
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