Market updates

Almost a year ago, the MicroLED Industry Association published its first MicroLED Industry Roadmap and State-of-the-Industry document, covering microLED technology trends in 2024, details the MicroLED Association’s roadmap and projections for the future of the microLED industry and market, by application segments. 

The document has been well received, with over 800 downloads to date, and with several leading technology news sites and blogs, from all over the world covering the roadmap publication. ,Some examples follow.

On September 24-26, the inaugural MicroLED-Connect event took place in Eindhoven, The Netherlands. It was an extremely successful event, with attendees, speakers and exhibitors from all over the world there to discuss the latest microLED innovations and updates. It is clear that there's much interest and driving force behind the microLED industry.

MicroLED-Connect hosted over 40 speakers and 8 masterclasses, providing a wealth of information by leading display makers and supply chain companies, researchers, material makers, market analysts, investors, application developers, and more. The agenda included speakers from Google, Meta, TCL CSoT, KAUST, JCDecaux, CEA/Leti, GlobalFoundries, Aixtron, Continental, Applied Materials, imec.Xpand, VueReal, ALLOS and many more.

Today we published a new edition of our MicroLED and OLED Microdisplays Market Report, with all the latest information. The new edition offers more that a dozen new updates, new companies, new brochures and catalogs, and more. It is a major release with over 10 updates, new companies, new predictions and new devices. Global multinational companies are working hard to develop and deploy next-generation AR and VR devices, and these devices will all be based on OLED and microLED microdisplay engines.

Reading this report, you'll learn all about:

• The advantages of OLED and MicroLED microdisplays
• The microdisplays that are available on the market today
• Information on all companies involved in this market
• Future technologies and roadmaps

The report package also provides:

• A list of all OLED microdisplays on the market
• A list of all OLED and MicroLED microdisplays makers
• Microdisplays spreadsheet
• Over 25 datasheets, presentations
• Free updates for a year

This microdisplays market report provides a great introduction to MicroLED and OLED microdisplays, and covers everything you need to know about the current status of the market and industry. This is a great guide if you're considering to adopt OLED microdisplays in your product, if you're looking to learn more about next-generation micro-LEDs and if you want to understand this industry better.

The microLED display technology is highly promising, as these displays offer increased brightness, efficiency and lifetime over the current LCD and OLED displays. However adoption of microLED displays in the major display markets is still years away. One display segment that could see adoption of microLED display sooner, is the transparent display sector.

Transparent displays are very interesting and have been researched for many years - and we have seen commercial adoption of transparent LCD, LED and OLED displays. These never achieved meaningful market success, but microLED developers hope that once microLED transparent displays are available this could change, thanks to the higher transparency and brightness offered by microLEDs compared to OLEDs and LCDs.

In recent years, we have seen many companies demonstrating transparent microLED prototypes, and even deploying some solution commercially. We will detail some of these recent advances below.

MicroLED-Connect is the world's first dedicated MicroLED conference and exhibition. The event, organized by TechBlick and the MicroLED Association, will take place at the High Tech Campus in Eindhoven, also known as "the smartest square kilometer in all of Europe", and will include an excellent conference program, masterclasses, tours - with a special emphasis on social/professional gatherings and networking opportunities. Register now and enjoy a discounted rate (until August 16).

The microLED industry is backed by the largest companies in the display industry, and has the support of the world's consumer electronics industry. But the technology is still at an early stage, and the road to success is not yet clear. MicroLED-Connect will present a great opportunity to understand the current status of the industry, learn the different roadmaps, understand the key application areas and what the near- and far-future holds for microLEDs.

Today we published a new edition of our Transparent MicroLED and OLED Market Report, with all the latest information and updates from this interesting upcoming industry and market, including the many new prototypes and displays recently unveiled by microLED developers.

Reading this report, you'll learn all about:

• Transparent OLED and MicroLED properties and advantages
• The transparent OLED and MicroLED industry
• What kind of transparent OLEDs are currently on the market
• The transparent OLED lighting market

The report package also provides:

• Transparent OLED display product listing
• A guide into buying transparent OLEDs
• The main challenges towards transparent displays
• Free updates for a year

This transparent displays market report provides a great introduction to transparent OLED and MicroLED technologies and covers everything you need to know about the market and industry now and in the future. This is a great guide for anyone who's thinking about adopting transparent displays in their products or that wants to understand this industry and market throughout.

Today we published a new edition of our MicroLED and OLED Microdisplays Market Report, with all the latest information. The AR/VR market is of high interest and companies are investing heavily in microdisplay technologies, both OLEDs and MicroLEDs. The new edition offers 14 updates and bringsg this report up to date, including the latest prototypes and technologies announced at Displayweek 2024.

Reading this report, you'll learn all about:

• The advantages of OLED and MicroLED microdisplays
• The microdisplays that are available on the market today
• Information on all companies involved in this market
• Future technologies and roadmaps

The report package also provides:

• A list of all OLED microdisplays on the market
• A list of all OLED and MicroLED microdisplays makers
• Microdisplays spreadsheet
• Over 25 datasheets, presentations
• Free updates for a year

This microdisplays market report provides a great introduction to MicroLED and OLED microdisplays, and covers everything you need to know about the current status of the market and industry. This is a great guide if you're considering to adopt OLED microdisplays in your product, if you're looking to learn more about next-generation micro-LEDs and if you want to understand this industry better.

The MicroLED Industry Association released a new internal market note, detailing its member views on the current goals and direction the industry should take. The market note includes analysis into the current industry situation, future projections and display segmentation based on members’ opinions, and also includes a market/industry sentiment review.

Following Apple’s decision to cancel its main microLED wearable display project, many in  the industry feel that there is a strong need for the microLED industry to align its strategy to make sure the industry moves in the right direction and manages to achieve a successful market introduction of microLED display technologies.

As you can see in the graph above, most microLED association members believe that the first goal of the industry should be to target niche applications, as it is highly challenging to target the display industry’s main segments (TVs, smartphones, wearables and IT devices). Targeting niche applications may be easier as the volume requirements are lower, the price pressure may be lower and such applications could benefit from the performance gains enables by microLED displays. 

Trendforce estimates that the microLED market is set for fast growth in the near future, as companies continue to invest in large display applications, wearable products (mainly AUO) and AR and automotive applications. Trendforce says that microLED chip sales will increase from around $62 million in 2024 to $580 million by 2028 (a CAGR of 84% from 2023 to 2028).

Trendforce acknowledges that the inability to reduce costs and technical challenges are major factors behind the cancellation of Apple’s Micro LED watch project, and so continuous optimization of production processes remains critical for the development of the Micro LED industry. 

MicroLED-Info offers custom-tailored seminars for companies interested in deepening their team's understanding of various MicroLED-related topics, training new personnel, assessing the relevance of a certain field for their company or simply honing their employees' MicroLED skills.

These seminars are built specifically according to the customer's needs and requests and take place online. Employees from around the world can join the meeting to learn, ask questions and discuss issues which are relevant to their interests. Such seminars have already had great success among past customers. Here's what a recent company, a world-leading materials and components manufacturer, had to say about the service:

"We recently had the pleasure of engaging with MicroLED-info for a professional training session on MicroLED technology. Their private seminar was not only detailed and knowledgeable but also incredibly insightful, providing us with a comprehensive overview of the technology and its marketplace. The depth of information extended to the supply chain, enabling our team to swiftly grasp the critical aspects necessary for strategic decision-making.