TrendForce: It is expected that the market value of Micro LED chips will reach 461 million USD by 2029
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TrendForce expects the Micro LED chip market to reach USD 461 million by 2029, benefiting from the launch of key products such as Samsung's 140-inch Micro LED TV in 2023 and the Garmin Fenix 8 Pro smartwatch in 2025. Although Micro LED faces challenges of high power consumption and high costs, its brightness demand in outdoor environments and the potential for integrating sensors provide opportunities for future innovations. As the technology matures and costs are optimized, Micro LED will achieve commercialization in areas such as televisions, smartwatches, and automotive displays
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