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Micro LED Expands Beyond Displays, Unlocking New Opportunities in Transparent and Non-Display Applications
May 30, 2025 | TrendForceEstimated reading time: 2 minutes
TrendForce forecasts that the chip market value for Micro LED display applications will reach US$740 million by 2029, with a CAGR of 93% from 2024 to 2029.
Cost improvements continue for large-sized displays
Presently, the bulk of Micro LED’s display-related market value is driven by large-sized displays, where Samsung holds a leading position. Future growth will rely not only on breakthroughs across several critical manufacturing processes but also on collaborations between Chinese chipmakers and brand manufacturers to push chip miniaturization. This will further enhance cost advantages for mass-produced Micro LED large-sized displays.
Additionally, as AI broadens the application scenarios for head-mounted devices and as smart driving ecosystems drive up demand for advanced automotive displays, these two sectors are expected to become major pillars of Micro LED display market value in the years ahead.
TrendForce notes that the industry standard for Micro LED large-sized displays is typically 4K resolution or higher; however, the currently commercialized, mass-producible pixel pitch remains at 0.5 mm. Continued efforts to reduce pixel pitch are essential to further differentiate Micro LED from Mini LED video wall, along with overcoming challenges like low yield rates in driver connections and issues with panel seams.
Cost optimization is also shifting toward the backplane, where simplifying the manufacturing process can improve yields, and reducing the number of seams can cut down assembly steps. This contributes to overall cost reductions.
Transparent displays hold great promise; non-display applications open new doors
Micro LED technology also shows strong potential in transparent display applications. These can be categorized into direct-view and micro-projection systems, with the key differences lying in viewing angles and focal distance management. In terms of use case, transparent direct-view displays are better suited for public environments where multiple people view content, and Micro LED’s combination of high brightness and high transparency makes it an ideal technology.
Meanwhile, micro-projection systems hold greater promise in privacy-sensitive personal electronic devices, where Micro LED offers ultra-miniaturized light engine solutions and is seen as the best option for micro-display technology in AR applications. Overall, Micro LED has significant room for expansion across diverse transparent display segments by developing both TFT and CMOS backplane platforms.
TrendForce emphasizes that the immediate priority for the Micro LED industry is to scale up the market quickly in order to realize economic efficiencies. As a result, non-display sectors have increasingly become important avenues for growth in addition to focusing on display applications.
These non-display opportunities span a wide range, including optical communication applications accelerated by AI, biotechnology-related medical uses, and industrial production areas such as 3D printing and photopolymerization. Ongoing innovations in these areas are adding further momentum to Micro LED’s market expansion.
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STMicroelectronics Reports Q2 2025 Financial Results
07/24/2025 | STMicroelectronicsSTMicroelectronics N.V., a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the second quarter ended June 28, 2025. This press release also contains non-U.S. GAAP measures.
SEMI Foundation Launches NSF-Powered National Call for Applicants of Regional Nodes
07/21/2025 | SEMIThe SEMI Foundation is thrilled to announce the launch of the application process for organizations seeking to become Regional Nodes in the National Network for Microelectronics Education (NNME), a nationwide initiative funded by the U.S. National Science Foundation and supported by the U.S. Department of Commerce that aims to advance education, training, and employment pathways in the U.S. microelectronics sector.
Microchip Enters into Partnership Agreement with Delta Electronics on Silicon Carbide Solutions
07/18/2025 | Globe NewswireThe growth of artificial intelligence (AI) and the electrification of everything are driving an ever-increasing demand for higher levels of power efficiency and reliability.
EIFO, the Novo Nordisk Foundation Acquire the World's Most Powerful Quantum Computer
07/17/2025 | PRNewswireThe commercial and geopolitical stakes in quantum technology are immense, and significant technological advances have been made over the past decade.
The Pulse: Design Constraints for the Next Generation
07/17/2025 | Martyn Gaudion -- Column: The PulseIn Europe, where engineering careers were once seen as unpopular and lacking street credibility, we have been witnessing a turnaround in the past few years. The industry is now welcoming a new cohort of designers and engineers as people are showing a newfound interest in the profession.