Micro LED Mass Transfer Market Valuation to Shine Brighter to Reach USD 1,669.2 Million By 2032: Astute Analytica [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance
Key players are forming strategic partnerships and developing innovative solutions to overcome mass production challenges. New Delhi, May 06, 2024 (GLOBE NEWSWIRE) -- The global micro LED mass transfer market is poised for significant growth, surging from US$ 59.5 million in 2023 to a projected US$ 1,669.2 million by 2032, growing at a CAGR of 44.84% from 2024-2032. The micro LED mass transfer market is poised for significant growth in the coming years, driven by increasing demand for high-resolution displays and advancements in transfer technologies. Micro LED displays offer several advantages over traditional LCD and OLED displays, including higher brightness (up to 1,000,000 nits), wider color gamut (up to 120% NTSC), and longer lifespan (up to 100,000 hours). Mass transfer technologies are critical to enabling the cost-effective production of micro LED displays. According to a recent survey, 85% of industry experts believe that mass transfer is the most important factor in ach
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