Samsung unveils its new Micro-LED TVs ahead of the Consumer electronics show 2022.

Samsung Electronics Co. Ltd. has introduced its newest Micro-LED, Neo QLED and Lifestyle TVs before the consumer electronics show 2022. The consumer electronics show is basically an annual trade show which hosts presentations of new products and technologies in the consumer electronics industry. Samsung TVs are presented with qualities such as advancements in picture and sound quality, more screen size options, customizable options and accessories, upgraded interface etc. Company initiated with the vision of ‘Screens Everywhere, Screens for All’, which have become closer to reality with life-like images, immersive sound quality and personalized experiences. Micro-LED technology offers an excellent image quality due to number of micrometer sized LEDs that individually creates pixels. These pixels are responsible for producing light and colour, creating an incredible experience through impressive depth, vibrant colors and high level of clarity.

According to the research report “Global Micro-LED market Outlook, 2027" published by Bonafide Research, the Micro-LED market is anticipated to grow with 81.49% CAGR by the forecast period. Asia-Pacific region is projected to register highest market share by 2027. Emerging technological advancements and penetration of consumer electronics in this region are expected to be the driving forces for the increasing market growth. There are many market players in this field which are initiating the usage of Micro-LED technology for various innovations. For instance, Sony is the second company to introduce their Micro-LED screens which are called as ‘Crystal LED’. Currently these displays are exclusively for professional use in modular form but they are expected to penetrate into other fields by the forecast period. Besides this, wearable devices are also getting prominent market growth across the globe. Smart watches are getting adopted rapidly due to efficiency and creative displays. As for the near-to-eye devices such as augmented reality (AR) and virtual reality (VR) are becoming more popular as they provide high quality image resolutions. These devices are getting utilized for gaming industries as well as many regions are including these into educational parameter.

As the smart phone, tablet and high definition TV markets have exploded; there is unstoppable arms race between manufactures and developers to make screens which are thinner, smaller and brighter than the competition. Micro-LED technology has proved that it can allow these all features with exceptional other qualities such as longer lifespan, durability, no screen burns etc. By using pixels as light source, Micro-LED technology does not need any additional attachment like other LEDs. This feature is responsible for less power consumption in Micro-LED displays. As for the supply chain of the Micro-LED technology at present there is not any particular entity that holds all the operations. But many industries and companies are approaching to acquire a fully functioned supply chain which can be beneficial for Micro-LED industry. Increasing adoption of this technology directs towards the raising market growth. From the research it can be estimated that Micro-LED technology has the potential to be the leader of all LED technologies by the forecast period.