Current trends and innovations in the micro LED display market include significant improvements in manufacturing processes aimed at lowering production costs and enhancing yield rates. The global micro LED display market is projected to reach approximately USD 23.8 billion by the end of 2031, a substantial increase from USD 0.781 billion recorded in 2024. The market is anticipated to achieve a compound annual growth rate (CAGR) of 63% between 2024 and 2031.