Oh man. I haven't seen LED in years. In 90s-00s, I set up every client I had with Okidata LED printers. Small footprint, quiet, light to med duty, inexpensive to buy and run. They lasted forever. I don't think I ever had one break.
Less moving parts/simpler transport path, LEDs are inexpensive to produce, every toner cartridge comes with the imaging unit integrated.
The 4096 resolution of the microled imaging can be a bit blocky on smaller details compared to laser, but for 10-12pt spaced documents it works quite well.