Japanese Watchmakers and Western Automakers Boost Micro LED Market to Near US600 Million by 2027 Says TrendForce : vimarsana.com

Mass production of large displays and wearable devices is propelling the Micro LED market. TrendForce predicts that the market value of Micro LED chips will reach 27 million in 2023 indicating a YoY growth of 92. With the scaling of existing application shipments and the introduction of new applications its projected that the market value of Micro LED chips will approach 580 million in 2027 representing a CAGR of approximately 136 from 2022 to 2027.

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