According to the report “Global Micro-LED Market Outlook, 2027”, published by Bonafide Research, the Micro-LED market is anticipated to grow at a CAGR of more than 81% in value by the end of the forecast period. Increasing demand for premium electronic products like smartphones, Near-to-eye Devices (AR and VR), televisions, smartwatches are key drivers of the Micro-LED market during the forecasted period.