The Micro LED market is expected to reach US$4.2 billion in 2024

The next generation of new display technology represented by Mini/Micro LED is constantly maturing and improving, and the market is expected to be more and more optimistic in the future.

According to survey data, the global Mini/Micro LED market is expected to reach 4.2 billion US dollars in 2024.

And HC Semitek, Lehman Optoelectronics, Qianzhao Optoelectronics and other industry chain related companies are preparing to expand production and will enjoy market dividends. On November 16, US Micro LED solution provider Compound Photonics announced the opening of its Micro LED manufacturing plant MiAC (MicroLED Innovation Acceleration Center) in Chadler, Arizona, USA. The MiAC factory occupies an area of approximately 15,000 square feet and has a hundred-level clean room. It directly uses professional manufacturing equipment and measurement equipment to assist in the development of advanced manufacturing processes such as Micro LED assembly, bonding, integration, and trial production. CP said that the MiAC factory will be committed to accelerating the time to market of monolithic integrated Micro LED displays below 5μm to meet the growing demand for AR/MR and smart wearable devices in the mass market. Leading domestic screen companies are also closely following industry trends and are preparing to expand production in order to seize market share in advance.
On November 16, US Micro LED solution provider Compound Photonics (CP) announced the opening of its Micro LED manufacturing plant MiAC (MicroLED Innovation Acceleration Center) in Chadler, Arizona, USA. The MiAC factory occupies an area of approximately 15,000 square feet and has a hundred-level clean room. It directly uses professional manufacturing equipment and measurement equipment to assist in the development of advanced manufacturing processes such as Micro LED assembly, bonding, integration, and trial production.
CP said that the MiAC factory will be committed to accelerating the time to market of monolithic integrated Micro LED displays below 5μm to meet the growing demand for AR/MR and smart wearable devices in the mass market.

Leading domestic screen companies are also closely following industry trends and are preparing to expand production in order to seize market share in advance.