--- title: "TrendForce estimates that the chip output value of Micro LED display applications will reach 740 million USD by 2029" type: "News" locale: "en" url: "https://longbridge.com/en/news/242331828.md" description: "TrendForce expects that the chip output value of Micro LED display applications will reach USD 740 million by 2029, with a compound annual growth rate of 93%. Currently, Micro LED technology is mainly concentrated in the large display market, dominated by Samsung. Future development relies on technological breakthroughs and collaboration with Chinese chip manufacturers, while the demand for AI and smart driving will also drive the application of Micro LED. The transparent display field also has potential, and the application prospects of Micro LED in this area are broad" datetime: "2025-05-29T06:52:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242331828.md) - [en](https://longbridge.com/en/news/242331828.md) - [zh-HK](https://longbridge.com/zh-HK/news/242331828.md) generator: "portal-rs" --- # TrendForce estimates that the chip output value of Micro LED display applications will reach 740 million USD by 2029 Zhitong Finance APP learned that according to TrendForce's research report "2025 Micro LED Display and Non-Display Application Market Analysis," the current development of Micro LED technology in the display field focuses on two key directions: one is to optimize manufacturing costs through improved design and production processes, and the other is to explore unique niche markets. Therefore, TrendForce estimates that the chip output value of Micro LED display applications will reach USD 740 million by 2029, with a compound annual growth rate of 93% from 2024 to 2029. ![Image](https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/44fc565ce3c6bb18754a0a5fb1a2fad5.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ## **Continuous Improvement in Large Display Costs** Currently, the output value of Micro LED display applications is mainly contributed by large displays, with Samsung dominating the market. Its future development relies not only on breakthroughs in several key processes but also on collaboration between Chinese chip manufacturers and brand companies to promote chip miniaturization, thereby expanding the cost advantages of mass production of Micro LED large displays. Additionally, as AI helps expand the application scenarios for head-mounted devices and the upgrade of smart driving ecosystems drives an increase in demand for automotive display specifications, these two applications will also become pillars of output value in the Micro LED display field in the future. TrendForce indicates that the industry standard for the resolution of Micro LED large displays is 4K and above; however, the currently commercialized pitch for mass production is at 0.5mm. To deepen the differentiation from Mini LED direct display products, Micro LED still needs to continue miniaturizing the pitch and overcome challenges related to low yield rates and seam issues in driving connections. At the same time, the focus of cost optimization has shifted to the backplane, where simplifying processes can enhance backplane yield, and significantly reducing the number of splices can also help decrease procedures, both of which are beneficial for lowering costs. ## **Great Development Potential for Transparent Displays, Non-Display Applications Show Possibilities** Micro LED also has prospects in the field of transparent displays. Transparent displays can be divided into direct displays and micro-projection systems, with the key differences being the viewing angle and focal length management. In application scenarios, transparent direct displays are suitable for public settings where multiple people can view them, while Micro LED, with its high brightness and high transparency characteristics, is the ideal technological choice. The micro-projection system has greater development potential in personal consumer electronic devices with higher privacy, as Micro LED can provide extremely miniaturized optical machine sizes, making it the best micro-display technology solution for AR light engines. Overall, if both TFT and CMOS backplane platforms are simultaneously laid out, Micro LED still has considerable penetration space in different types of transparent display fields. TrendForce points out that the urgent task for the Micro LED industry is to expand market size to quickly realize economic benefits. Therefore, in addition to focusing on display applications, non-display applications have also become an important avenue for the industry to seek breakthroughs in recent years. The non-display fields involving Micro LED are extensive, including areas accelerated by AI, such as optical communication applications and biotechnology-related medical fields In addition, the development of related new technologies used in industrial production fields such as 3D printing and photopolymerization is also adding more possibilities for expanding market size ### Related Stocks - [300296.CN](https://longbridge.com/en/quote/300296.CN.md) ## Related News & Research - [ASML Holding's Next Earnings Report on Oct. 14 Could Send the Stock Soaring. 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