Top Startup Innovators Leading MicroLED Display Market

MicroLED display market

The tremendous growth in the wearables and automotive sector is broadening the scope for disruptive display technologies like MicroLEDs. Consumers are becoming tech-savvy, and they are also increasingly aware of environmental well-being. As it has higher energy efficiency, there is a steady, continuous demand in the MicroLED display market. 

The MicroLED market size is valued at 1.06 billion USD in 2023 and is expected to reach 21.29 billion USD. 

However, the conventional development of MicroLEDs has been plagued by challenges in wavelength uniformity control, substrate placement, low yield, defect control, etc. 

Therefore, several startups are investing consistent efforts in solving these challenges. They are developing innovative technologies like micro solid printing,  chip passivation, 3D printing, etc. 

In this comprehensive blog post, we have curated the top innovations to help you gauge the ongoing advancements in this field. 

Cutting-edge technologies and best startup innovators in the MicroLED market

Here are the top startup innovators in the MicroLED market:

1.  VueReal

VueReal is a leading Canada-based startup functioning in the MicroLED display market. It is known for its innovations focused on commercial purposes. The company leads in the development of high-resolution, high-transparency LEDs to the customers. 

Using its native MicroSolid printing technology, VueReal creates an active matrix of MicroLED display. 

Benefits of MicroSolid printing technology

  • Helps embed several MicroLEDs into the frame quickly and reduces the time taken to create large display screens
  • Advanced, pre-screening abilities that reduce defects
  • With an increase in yield and reduced defect rates, the technology enhances commercial viability

2. Aledia

Headquartered in France, Aledia is a popular startup in the MicroLED industry. With a vision to evolve as a leader, the startup has developed a proprietary WireLED technology that powers several devices, including smartphones, smartwatches, laptops, large TV screens, AI glasses, window screens, transparent screens, etc. 

Aledia has also developed 3D MicroLEDs and has received more than 250 patents.

How does WireLED technology benefit the MicroLED market?

  • It has a higher energy efficiency 
  • Reduces the power requirements of smartphones, TVs, and other gadgets by more than half
  • High brightness, which increases the battery efficiency
  • Minimizes the industry’s dependence on metals like cobalt and lithium

3. Rohinni

Rohinni is a USA-based startup in the MicroLED display market, well-known for developing mini and MicroLED technologies. It first gained prominence when it made paper-thin LED prototypes using 3D printing. 

As it was unfeasible for commercialization, it later developed PiXey, which is primarily based on the accelerated, high-speed placement of MicroLEDs. The transfer and MicroLED placement technology is based on Lumos, the company’s proprietary robot. 

How does PiXey empower the MicroLED market?

  • High-speed, precision technology that supports the easy transfer of MicroLEDs to different substrates
  • Works well for a broad range of design opportunities
  • Places MicroLEDs or groups of dies straight onto the products at ultra-high speed and precision
  • Eliminates the need for packaging, sorting, and binning through direct transfer

4. Jade Bird Display (JBD)

A China-based company, JBD is a leading MicroLED manufacturer. It is recognized for developing MicroLED panels using active matrix MicroLED displays. The company has used chip passivation technology to produce more efficient, brighter MicroLEDs. 

To build full-color MicroLED displays, the existing technologies require the integration of R, G, and B displays. A single-panel RGB solution was not appropriate for use in ultra-fine displays, though they were optimal for large TVs. 

How does chip passivation technology work?

  • High-efficiency displays combined with integrated circuits help build monochromatic/trichromatic displays, AM-µLED displays, optical modules, etc. 
  • Developed single-chip, native-color, monolithic polychrome MicroLED displays using epitaxy and chip integration technology
  • Improves performance and efficiency to support ultra-fine displays

5. Lumiode

A New York-based startup, Lumiode specializes in producing high-brightness microdisplays. The company uses state-of-the-art technology for the fabrication of TFT backplanes. The semiconductor process helps deposit amorphous silicon on an LED epi-wafer.

The microdisplay technology works well for augmented reality/ virtual reality (AR/VR), HUD (Head-Up Display), and other display-related applications.  

Innovative technology developments at Lumiode

  • Focus on creating efficient, bright displays
  • Depositing silicon without damaging the LED
  • The latest product has 16,000 pixels output, which is extremely bright

6. Mojo Vision

A USA-based company, Mojo Vision is a forerunner in MicroLED technology and offers futuristic display solutions for wearables, televisions, and video walls. They have a dedicated team working towards commercializing the MicroLED displays by leveraging the semiconductor technology.  

How does Mojo Vision support MicroLED commercialization?

  • Develops custom displays with abilities to deliver high-resolution, energy-efficient MicroLEDs
  • The existing displays in AR/VR products cannot adjust the brightness to the environmental light. The Mojo Vision solves this problem with monolithic RGB MicroLED panels
  • Supports the development of a three-panel architecture that produces ultra-high brightness for AR/VR headsets and glasses

7. Pixel Display

Pixel Display is a popular US-based startup engaged in developing vivid technology for displays. With a better color combination, durability, lower cost, and higher energy efficiency, the company develops MicroLEDs for AR/VR, IoT, and portable display applications. 

Picking and transferring MicroLEDs to the backplane of gadgets have remained a challenging, costly task. Also, by nature, MicroLEDs consume more energy at high brightness even though they have high energy efficiency. 

So, what is Pixel Display’s innovation?

  • Developed NanoBright™, an innovative nano-patterning technique
  • It picks and places micron- and sub-micron-sized emissive materials into the backplane
  • The outcome is high brightness and low power consumption
  • Reduces the cost and complexity of manufacturing MicroLEDs

Wrapping Up

These startup innovators and many other organizations are working on technologies to enhance the energy efficiency, portability, and commercial viability of MicroLEDs. 

As the market is expected to grow at a CAGR of 82.19% between 2023-28, there is a huge scope for MicroLEDs in AR/VR, automotive, consumer electronics, smart wearables, etc.

Also, using advanced technologies like chip passivation, nano-patterning, etc., the startups are powering the next generation of displays.  

Last but never the least, AI and big data are gaining mainstream prominence. With this, the display devices have evolved from being mere informational sources to supporting interactions.