DSSC sees the microLED market growing to $1.3 billion in 2027, led by wearable displays and microdisplays

DSSC says that microLED display revenues will grow from around $40 million in 2023 to over $1.3 billion in 2027. While this is fast growth, it means that DSCC does not believe microLED will penetrate large display markets at least until 2028, and indeed the analysts say that lowering production costs will be necessary before microLEDs can become competitive against OLEDs and LCDs.

DSSC sees microLED microdisplay, produced using a monolithic process, taking up about 25% of the microLED display market. The largest segment for microdisplays will be smartwatches or wearable displays - as the low pixel size (relative to other display segments, at least) means that microLED technologies is relatively mature for that segment.