Smartwatches, TVs to Fuel MicroLED Display Growth Through 2027, Says Omdia

Global shipments of microLED displays are expected to “soar” to more than 16 million units by 2027, from “negligible levels” this year, reported Omdia Tuesday. Smartwatch and TV applications will drive microLED growth, said the former IHS Markit research company. It expects microLED display shipments to the smartwatch industry to top 10 million units in seven years. Shipments to TV makers will exceed 3.3 million units in 2027, it said. MicroLED is expected to become “the next self-emissive display technology” of choice, following OLED, said Omdia. “Numerous startups, display manufacturers and consumer brands now are developing their own microLED displays, devices and process in various sizes, ranging from medium-to-large sizes to ultra-small dimensions.”