n-tech Research says that the Micro-LED lighting will experience very fast growth, with revenues exceeding $1.4 billion by 2028 with 170 million lighting units shipped.

n-tech says that some industry analysts say that micro-LED lighting will always remain a tiny niche and only cater for novelty lighting. n-tech, however, sees several advantages of micro-LEDs compared to conventional HB LEDs and expect that these will be enough to earn micro-LEDs a healthy share of the LED lighting market.