MARKET OVERVIEW
Laser Lift-Off (LLO) technology is used to detach a material layer from its substrate by applying a laser to the material layer. The laser beam is directed at the material layer formed on the substrate, causing it to detach without causing stress or damage. This technology is primarily used in applications like microLED display manufacturing, semiconductor manufacturing, and flexible display production, where precise and nondestructive detachment is critical.
MARKET SIZE & GROWTH
• The global LLO Equipment market was valued at approximately USD 275 million in 2024.
• It is projected to reach USD 376 million by 2031.
• The market is expected to grow at a CAGR of 4.7% from 2025 to 2031.