Micro led chip market revenue may be up to US$2.3 billion in the year 2024

Sony introduced its large-sized modular Micro LED display into the world in the year 2017, other companies such as Samsung and LG, have kept more developments  in Micro LED technology to make the large-sized display market bigger. Emissive Micro LED TVs will be launched on the market between 2021 and 2022. It is clearly seen that Micro LED TVs will still be ultra-high-end luxury products nowadays.

Micro LED technology has been seen in several applications, such as small-sized head-mounted AR devices, wearables such as smartwatches, high-margin products such as automotive displays, and niche products such as high-end TVs and large-sized commercial displays. Step by step, Micro LED technology will be subsequentlyintegrated into mid-sized tablets, notebook computers, and desktop monitors as well. Particularly, there will be highest growth potential for Micro Led in the large-sized display market because the technology barrier is relatively low in that market. Owning to the immense market of TV and large-sized display integration, Micro LED chip revenue is expected to be up to US$2.3 billion in the year 2024.