Global Micro-LED market to reach $10.7 billion in 2022, says n-tech Research

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Jul. 17, 2018 – 

n-tech believes micro-LED technology is making substantial advances, which will produce substantial opportunities in the coming years. 

Micro-LEDs have superior performance qualities to other advanced display technologies. Micro-LED technology has already proven itself superior to LCDs and OLEDs through numerous working prototypes evaluations.  Such superiority will be an immediate enabling factor in near-eye AR/VR projectors and automotive HUDs.  Such applications require a combination of small form factor, low weight, super-high resolution and super-high brightness.

The smart watch market is another lucrative opportunity for micro-LEDs.  Here, the combination of extremely low power consumption and very strong brightness make micro-LEDs an obvious choice for wearable displays. n-tech sees this segment as generating $1.6 billion in 2022.

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