According to the latest TrendForce research, large-sized micro-LED displays will target the home theater and high-end commercial screen markets in the coming years, generating $54 million in revenue this year. Revenue is expected to grow to $4.5 billion by 2026, with a compound annual growth rate of 204%.
Analysts are confident that the technical hurdles to micro-LED adoption will be overcome over time. The development of large-sized micro-LED displays will peak between 2026 and 2030. The annual income from the sale of micro-LED chips by then will be measured in tens of billions of dollars.
This is quite a bold prediction, if you remember how slowly the development of micro-LED is going. The first commercial products have been released only in recent years, and they are more of a transitional category between mini-LED and micro-LED. Considering close viewing distances, the production of large-sized micro-LED displays requires the development of technologies for seamless block splicing, bezel reduction and display thickness reduction, analysts say. In addition, high cost remains a significant barrier to the adoption of micro-LED displays. It can be reduced by increasing the share of the yield of suitable products and increasing the productivity of equipment that performs mass transfer of LEDs.
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