Micro-LED displays consume significantly less energy than conventional LCD displays while offering high contrast ratio and pixel-level light control. Due to their inorganic construction, microLEDs last longer than OLEDs and can display brighter images with little chance of screen burn-in. In comparison to other display technologies, LED offers a significant advantage due to the increased number of images, pixels per image, frames per second, and quick response times needed for 3D/AR/VR displays. The maturing display industry and the established LED industry are connected by the growing mass transfer sector, enabling them to collaborate to establish a new supply chain.
Given that LCD manufacturing is currently shifting to China due to cost advantages and that South Korea dominates OLED displays, the next big opportunity will go to those who can act quickly enough to secure a key position in the changing supply chain. Participants in the game are welcome to include established LED suppliers, display vendors, component suppliers, OEMs, and integrators. Newcomers who can offer technology innovation, material improvement, equipment support, and a revolution in business models are also welcome. According to Coherent Market Insights the Micro-LED Market Size, Share, Outlook, and Opportunity Analysis, 2022-2028. Micro-LED displays are made using a variety of techniques and technologies, including epitaxy, photolithography, chip fabrication, substrate removal, inspection, mass transfer, bonding and interconnection, testing, repair, backplane, and drive IC, among others. After years of development, some technological issues have been solved, but new issues are now in front of us. For instance, the main areas of interest a few years ago were mass transfer, chip design, and die shrinking. More and more players are starting to realise that mastering every step in the process is the key to success. As a result, more people are devoting more time and effort to technology, such as tools for high-volume production, driving, photo editing, and repair.
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