DSCC agency: Micro LED market size is expected to reach 1.3 billion US dollars by 2027

According to the latest MicroLED Display Technology and Market Prospect Report released by the DSCC agency, the market for MicroLED displays is still small, but it is expected to reach a scale of 1.3 billion US dollars by 2027. Lower manufacturing costs will be necessary before MicroLED can compete with other technologies, such as OLED.

MicroLED was initially seen as an ideal leading display technology for all applications, but the hype has faded, OLED has conquered the smartphone market and continues to improve, while LCD remains unmatched," said DSCC analysts. The price/performance ratio. MicroLED can currently only be used as the leading technology for the application of super-sized TV or smart glasses.

Some companies are currently advertising LED video walls as MicroLED displays. However, the chip-on-board (COB) approach used by these displays is closer to the MiniLED technology found in some LCD backlights.

MicroLED displays transfer a large number of individual LED chips onto a display substrate, which requires specialized equipment with high precision. While there have been some demonstrations of MicroLED displays, the only commercial products on the market are Samsung's MicroLED TVs.

But Samsung's new MicroLED TV has been postponed. According to the DSCC report, in the next five years, the price of Micro LED TVs will still be too high to gain a significant market share in the TV field. This year, Samsung has also launched QD-OLED as a high-end TV display technology.

Back in 2014, Apple acquired LuxVue, a startup developing mass transfer technology, and has been working on MicroLED technology ever since. However, Apple doesn't seem to be in a hurry to introduce MicroLED in its products. Apple is increasing the penetration rate of LTPO OLED in its small and medium application products. Its smartwatches use LTPO OLED technology earlier. The small size and low pixels of smartwatches are also the advantages of MicroLED's massive transfer. Apple will also use LTPO OLED in its wearable products. The first to introduce Micro LED in China. DSCC expects that wearables will eventually become the largest market segment for the small size of MicroLED displays.

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