Core Viewpoint - The Micro LED technology is focusing on optimizing manufacturing costs and exploring niche markets, with an expected chip output value of $740 million by 2029 and a compound annual growth rate (CAGR) of 93% from 2024 to 2029 [1]. Group 1: Large Display Cost Improvement - The current output value of Micro LED display applications is primarily driven by large displays, with Samsung leading the market. Future development relies on key process breakthroughs and collaboration among Chinese chip manufacturers and brand companies to enhance cost advantages in large-scale production [4]. - The industry standard for Micro LED large displays is a resolution of 4K and above, with commercially available pitch currently at 0.5mm. Continuous miniaturization of pitch and overcoming challenges related to low yield and seams are essential for differentiation from Mini LED products [5]. Group 2: Transparent Display and Non-Display Applications - Micro LED technology shows significant potential in transparent displays, which can be categorized into direct view and micro-projection systems. Direct view is suitable for public viewing, while micro-projection systems have potential in personal electronic devices due to their compact size [6]. - The urgent need for the Micro LED industry is to expand market size for economic benefits, with non-display applications becoming a crucial avenue. These applications span various fields, including AI-driven optical communication, biotechnology in medical fields, and industrial production technologies like 3D printing and photopolymerization [6].