GaN Micro LED Market to Represent a Significant Expansion at ~43% CAGR During 2019 - 2029 - PowerPoint PPT Presentation

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GaN Micro LED Market to Represent a Significant Expansion at ~43% CAGR During 2019 - 2029

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Future Market Insights (FMI), in its new study, predicts the worldwide sales of GaN micro-LED will increase ~33% year-over-year to reach ~US$ 197,000 in 2019, up from ~US$ 150,000 in 2018. GaN micro-LED has been in the research laboratories for years, and the launch of Samsung's Micro-LED displays, featuring self-emissive technology and modular capabilities, left consumers curious about the emerging technology. FMI report expects that GaN micro-LED will soon be a mass market proposition, as an array of millions of microscopic LEDs is set to replace incumbent technologies such as LCDs and OLEDs and penetrate major digital displays markets. – PowerPoint PPT presentation

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