Forecast Analysis of the MicroLED Market
Summary
Display Supply Chain Consultants (DSCC), a renowned research entity specializing in display industry evaluation, has unveiled an extensive forecast analysis concerning the MicroLED market. The forecast anticipates substantial growth and transformative market dynamics by the year 2028, elucidating emerging patterns and obstacles within the realm of MicroLED displays.
MicroLED’s Ascendancy in Wearable Technologies
The advent of MicroLED technology is poised to revolutionize the display landscape owing to its superior characteristics relative to traditional LED displays. MicroLED displays boast enhanced energy efficiency, diminished risk of burn-in, and prolonged longevity. By virtue of their pixel-level light sources, MicroLED displays deliver heightened contrast, accelerated response rates, and a gamut of vibrant hues, rendering them particularly suitable for devices necessitating top-tier display functionalities.
Prognosticated Market Expansion
DSCC foresees a burgeoning MicroLED market, surging to a value of $1.46 billion by 2028. This expansion is largely anticipated to be propelled by the integration of MicroLED technology in wearable gadgets such as smartwatches, AR glasses, and automotive screens. Wearables, characterized by compact screen dimensions and lower pixel densities, offer a conducive environment for MicroLED displays, thereby circumventing challenges associated with meager production yields in larger display formats.
Impediments and Foreseen Innovations
Notwithstanding its promise, the MicroLED market is confronted with impediments. The sluggish adoption of AR/VR applications and plausible setbacks in anticipated products like Apple’s MicroLED smartwatch have necessitated adjustments in DSCC’s projections. The inaugural MicroLED smartwatch, targeting the upscale market segment, is anticipated to debut next year, albeit the identity of the manufacturer remains undisclosed.
Major Players and Strategic Blueprints
Apple emerges as a pivotal entity in this evolving landscape. The company is poised to unveil its first Apple Watch (Ultra variant) furnished with a microLED display screen in the autumn of 2025, with large-scale manufacturing slated to commence in early 2026. Furthermore, Apple is strategizing to transition its Vision Pro headset from micro-OLED to MicroLED technology. Samsung, too, is charting its course by integrating Micro LED displays in its smartwatch lineup, potentially commencing with the "Galaxy Watch Ultra," with the overarching objective of displacing OLED technology within a span of a year.
Optimistic Prognosis for the iPhone 15 Series
DSCC’s evaluation portends a buoyant outlook for Apple’s iPhone 15 series, marked by a notable upswing in panel dispatches vis-à-vis antecedent iterations. The iPhone 15 Pro variants have garnered escalating popularity, clinching a commanding 71% stake in overall panel shipments. The escalated base price of the iPhone 15 Pro Max alongside consumers’ penchant for higher-capacity iterations have catalyzed a 5% uptick in the Average Selling Price (ASP) for the iPhone 15 series.
