The Global Mini- and Micro-LED Displays Market 2024-2034

Published August 2023 | 252 pages, 135 figures, 49 tables | Download table of contents

Mini- and Micro-LEDs are driving innovation in the global display market., offering superior performance, energy efficiency and visual quality compared to other display tech. Micro-LEDs are less than 1/10th the size of a traditional LED, allowing for a much higher pixel density, resulting in a sharper, more vibrant images. Mini-LEDs, while larger than Micro-LEDs, are still significantly smaller than conventional LEDs, and offer a middle ground between LED and Micro-LED tech, allowing for improved performance and efficiency at a lower price point than Micro-LEDs.

Micro-LED and Mini-LED displays consume significantly less power than traditional LED displays, reducing their environmental impact and also improving long-term cost-effectiveness. Lower power consumption results in less heat generation, which can extend the lifespan of the display.

Micro-LED and Mini-LED displays also offer superior visual quality. They can produce deeper blacks and brighter whites, resulting in a higher contrast ratio. They also offer a wider colour gamut. Due to their small size, they are also incorporated into flexible and stretchable displays, facilitating their application in markets including wearables and automotive displays. Apple and Samsung, already incorporate Mini- and Micro-LEDs into their products. Apple utilize Mini-LED technology in the iPad Pro, and Samsung has launched a Micro-LED TV range.

Report contents include:

Analysis of the Mini- and Micro-LED markets, historical, current and future outlook.
Benefits of Mini- and Micro-LEDs.
Market and technology challenges.
Industry news and developments 2020-2023.
Recent mini- & micro-LED display innovations.
Latest information on novel LED growth, transfer techniques, manufacturing and scale up.
Global shipment forecasts to 2034.
Global revenues to 2034.
Analysis of Mini- and Micro-LED including advantages & disadvantages, costs, types of displays, manufacturing, market map, market adoption roadmaps and supply chain.
Analysis of market for Mini- and Micro-LEDs including TVs, smartwatches & wearables, smartphones, laptops, monitors & tablets, advertising displays, flexible & foldable displays, automotive Head-up displays (HUD), headlamps, panels, Visible light communication (Li-Fi), Wearable biomedical devices, virtual reality (VR), augmented reality (AR) and mixed reality (MR) displays and transparent displays.
In-depth profiles of 92 companies. Companies profiled include AU Optronics Corporation, Innolux Corporation, Japan Display Inc. (JDI), LG Display Co., Ltd., Mikro Mesa, NS Nanotech, PlayNitride, Inc., Q-Pixel, Raysolve Optoelectronics, Samsung, Seoul Semiconductor, TCL and Sitan Technology.

The Global Mini- and Micro-LED Displays Market 2024-2034

PDF download.

The Global Mini- and Micro-LED Displays Market 2024-2034

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Payment methods: Visa, Mastercard, American Express, Paypal, Bank Transfer.

To purchase by invoice (bank transfer) contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.

1 REPORT AIMS AND OBJECTIVES 19

2 EXECUTIVE SUMMARY 20

2.1 The Mini-LED market 20
2.2 The Micro-LED market 20
2.3 The global display market 22
- 2.3.1 Display technologies assessment 24
2.4 Benefits of Mini- and Micro-LEDs 26
2.5 Mini- and Micro-LEDs applications 27
2.6 Market and technology challenges 30
2.7 Industry developments 2020-2023 32
2.8 Recent mini- & micro-LED display innovations 37
2.9 Market activity in China 41
2.10 Global shipment forecasts for Mini-LEDs and Micro-LEDs to 2034 42
- 2.10.1 Mini-LEDs 42
  - 2.10.1.1 Units 42
  - 2.10.1.2 Revenues 44
- 2.10.2 Micro-LEDs 44
  - 2.10.2.1 Units 44
  - 2.10.2.2 Revenues 47

3 TECHNOLOGY ANALYSIS 48

3.1 Mini-LED (mLED) vs Micro-LED (µLED) 48
- 3.1.1 Display configurations 48
3.2 Mini-LED displays 49
- 3.2.1 Comparison to LCD and OLED 50
- 3.2.2 Advantages and disadvantages 51
- 3.2.3 Backplane types 52
- 3.2.4 Costs 54
- 3.2.5 High dynamic range Mini-LED displays 55
- 3.2.6 Quantum dot films for Mini-LED displays 55
- 3.2.7 Perovskite colour enhancement film in Mini-LEDs 56
- 3.2.8 Market map 57
- 3.2.9 Market adoption roadmap 57
3.3 Micro-LED displays 58
- 3.3.1 Development 58
  - 3.3.1.1 Sony 58
- 3.3.2 Types 59
- 3.3.3 Production 60
  - 3.3.3.1 Integration 60
  - 3.3.3.2 Transfer technologies 62
- 3.3.4 Comparison to LCD and OLED 65
- 3.3.5 Micro-LED display specifications 66
- 3.3.6 Advantages 67
  - 3.3.6.1 Transparency 68
  - 3.3.6.2 Borderless 69
  - 3.3.6.3 Flexibility 70
- 3.3.7 Tiled microLED displays 70
- 3.3.8 Costs 70
- 3.3.9 Manufacturing 71
  - 3.3.9.1 Epitaxy and Chip Processing 71
    - 3.3.9.1.1 Uniformity 72
  - 3.3.9.2 Assembly Technologies 73
    - 3.3.9.2.1 Monolithic fabrication of micro displays 73
    - 3.3.9.2.2 Mass transfer 74
    - 3.3.9.2.3 Mass Transfer Processes 75
      - 3.3.9.2.3.1 Elastomer Stamp Transfer 77
      - 3.3.9.2.3.2 Roll-to-Roll or Roll-to-Panel Imprinting 78
      - 3.3.9.2.3.3 Laser-induced forward transfer (LIFT) 79
      - 3.3.9.2.3.4 Electrostatic Transfer 80
      - 3.3.9.2.3.5 Micro vacuum-based transfer 81
      - 3.3.9.2.3.6 Adhesive Stamp 81
      - 3.3.9.2.3.7 Fluidically Self-Assembled Transfer 81
  - 3.3.9.3 Full colour conversion 82
    - 3.3.9.3.1 Phosphor Colour Conversion LEDs 83
    - 3.3.9.3.2 Quantum dots colour conversion 84
- 3.3.10 Market map 85
- 3.3.11 Market adoption roadmap 85

4 THE GLOBAL MARKET FOR MINI- AND MICRO-LEDs 86

4.1 Consumer electronic display market 86
- 4.1.1 Mini-LED Quantum Dot TV 88
- 4.1.2 Products 89
4.2 Smartwatches and wearables 91
- 4.2.1 Apple’s planned microLED smartwatch 92
- 4.2.2 Samsung 92
4.3 Smartphones 93
4.4 Samsung 93
- 4.4.1 Wall display 93
- 4.4.2 Neo QLED TV range 94
- 4.4.3 MicroLED CX TV line-up 95
4.5 LG 96
- 4.5.1 LG mini QNED range 96
- 4.5.2 MAGNIT Micro-LED TV 96
- 4.5.3 Stretchable 12" microLED touch displays 97
4.6 TCL CSOT 98
- 4.6.1 8 Series and 6 Series 98
- 4.6.2 Micro-LED displays 99
4.7 Laptops, monitors and tablets 99
- 4.7.1 Mini-LED 99
- 4.7.2 Mini-LED and Micro-LED laptop, monitor and tablet products and prototypes 101

5 FLEXIBLE, STRETCHABLE AND FOLDABLE MICRO-LED 108

5.1 The global foldable display market 110
5.2 Foldable Micro-LED displays 110
5.3 Product developers 111

6 BIOTECH AND MEDICAL DISPLAYS 112

6.1 The global medical display market 112
6.2 Micro-LEDS 112
- 6.2.1 Micro-LEDs for medical applications 112
  - 6.2.1.1 Implantable Devices 112
  - 6.2.1.2 Lab-on-a-Chip 113
  - 6.2.1.3 Endoscopy 113
  - 6.2.1.4 Surgical Displays 114
  - 6.2.1.5 Phototherapy 114
  - 6.2.1.6 Biosensing 115
6.3 Product developers 116

7 AUTOMOTIVE 117

7.1 Global automotive displays market 117
7.2 Mini-LED 118
- 7.2.1 Dashboard Displays 118
- 7.2.2 Head-Up Displays (HUDs) 119
- 7.2.3 Digital Instrument Clusters 119
- 7.2.4 Ambient Lighting 120
- 7.2.5 Exterior Lighting 120
7.3 Micro-LEDs 121
- 7.3.1 Head-up display (HUD) 123
- 7.3.2 Headlamps 124
7.4 Product developers 125

8 VIRTUAL REALITY (VR), AUGMENTED REALITY (AR) AND MIXED REALITY (MR) 127

8.1 Global market for virtual reality (VR), augmented reality (AR), and mixed reality (MR) 127
8.2 Mini-LEDs 127
8.3 Micro-LEDs 128
- 8.3.1 AR/VR Smart glasses and head-mounted displays (HMDs) 129
- 8.3.2 Micro-LED contact lenses 129
- 8.3.3 Products and prototypes 130

9 TRANSPARENT DISPLAYS 134

9.1 Global transparent displays market 134
9.2 Mini-LED and Micro-LED transparent displays applications 134
9.3 Product developers 137

10 SUPPLY CHAINS 139

10.1 Mini-LEDs 139
10.2 Micro-LEDs 140

11 COMPANY PROFILES 143 (92 company profiles)

12 REFERENCES 246

List of Tables

Table 1. Announced Micro-LED fabs. 22
Table 2. Summary of display technologies. 24
Table 3. Mini- and Micro-LED applications. 27
Table 4. Micro-LED applications. 28
Table 5. Market and technology challenges for mini- and micro-LED. 30
Table 6. Micro- and Micro-LED industry developments 2020-2023. 32
Table 7. Mini- and micro-LED product announcements at CES 2021. 37
Table 8. Mini- and micro-LED product announcements at CES 2022 and Display Week 2022. 38
Table 9. Mini- and micro-LED product announcements at CES 2023 and Display Week 2023. 39
Table 10. Mini- and micro-LED activity in China. 41
Table 11. Mini-LEDs backlights global market 2020-2034, by market (Million units). 42
Table 12. Global Micro-LED display market (thousands of units) 2020-2034. 44
Table 13. Comparison between mini-LED and micro-LED. 49
Table 14. Comparison between Mini-LED displays and other display types. 50
Table 15. Advantages and disadvantages of Mini-LEDs. 51
Table 16. Comparison of AM and PM driving. 52
Table 17. Micro-LED backlight costs. 55
Table 18. Comparison to conventional LEDs. 59
Table 19. Types of Micro-LED. 59
Table 20. Summary of monolithic integration, monolithic hybrid integration (flip-chip/wafer bonding), and mass transfer technologies. 61
Table 21. Summary of different mass transfer technologies. 62
Table 22. Micro-LED Comparison to LCD and OLED. 65
Table 23. Schematic comparison to LCD and OLED. 66
Table 24. Commercially available Micro-LED products and specifications. 66
Table 25. Micro-LED-based display advantages and disadvantages. 68
Table 26. Mass transfer methods, by company. 75
Table 27. Comparison of various mass transfer technologies. 75
Table 28. Comparison of LED TV technologies. 86
Table 29. Mini-LED and Micro-LED TVs launched 2022-2023. 87
Table 30. Mini-LED and Micro-LED TV products. 89
Table 31. Samsung Neo QLED TV range. 95
Table 32. LG mini QNED range 96
Table 33.TCL range of Mini-LED TVs. 98
Table 34. Mini-LED and Micro-LED laptop, monitor and tablet products and prototypes. 101
Table 35. Flexible, stretchable and foldable Mini-LED and Micro-LED products. 111
Table 36. Medical display Mini-LED and Micro-LED products. 116
Table 37. Automotive display & backlight architectures 117
Table 38. Applications of Micro-LED in automotive. 122
Table 39. Automotive display Mini-LED and Micro-LED products. 125
Table 40. Comparison of AR Display Light Engines. 128
Table 41. Micro-LED based smart glass products. 130
Table 42. Applications of Mini-LED and Micro-LED transparent displays. 134
Table 43. Companies developing Micro-LED transparent displays. 137
Table 44. Micro-LED supply chain. 140
Table 45. LG mini QNED range 189
Table 46. Samsung Neo QLED TV range. 217
Table 47. San’an Mini and Micro LED Production annual target. 218
Table 48. NPQDTM vs Traditional QD based Micro-LEDs. 220
Table 49. TCL Mini-LED product range. 230

List of Figures

Figure 1. Blue GaN Micro-LED arrays with 3um pixel pitch use polychromatic quantum dot integration to achieve full colour AR displays. 21
Figure 2. The progress of display technology, from LCD to Micro-LED. 26
Figure 3. Video wall. 27
Figure 4. Automotive dashboard display. 27
Figure 5. Public advertising displays. 28
Figure 6. Wearable biomedical devices. 28
Figure 7. Head-up displays (HUD). 29
Figure 8. Pico-projectors. 29
Figure 9. Mojo Vision's 300-mm GaN-on-silicon blue LED wafer for microLED displays. 40
Figure 10. Global Mini-LED display gmarket 2020-2034, by market (Million units). 43
Figure 11. Global Mini-LED display market 2020-2034, by market (Million USD). 44
Figure 12. Global Micro-LED display market (thousands of units) 2020-2034. 46
Figure 13. Global Micro-LED display market 2020-2034, by market (Million USD). 47
Figure 14. Display system configurations. 49
Figure 15. Schematic of LCD with Micro-LED backlight. 50
Figure 16. Schematic for configuration of full colour Micro-LED display 51
Figure 17. BOE glass-based backplane process. 53
Figure 18. MSI curved quantum dot Mini-LED display. 56
Figure 19. Nanolumi Chameleon® G Film in LED/LCD Monitor. 56
Figure 20. Market map for Mini-LED displays. 57
Figure 21. Market adoption roadmap for microLED displays. 58
Figure 22. Micro-LED schematic. 58
Figure 23. Pixels per inch roadmap of µ-LED displays from 2007 to 2019. 60
Figure 24. Mass transfer for µLED chips. 62
Figure 25. Schematic diagram of mass transfer technologies. 64
Figure 26. Comparison of Micro-LED with other display technologies. 67
Figure 27. Lextar 10.6 inch transparent Micro-LED display. 69
Figure 28. Transition to borderless design. 69
Figure 29. Schematics of a elastomer stamping, b electrostatic/electromagnetic transfer, c laser-assisted transfer and d fluid self-assembly. 77
Figure 30. Schematics of Roll-based mass transfer. 79
Figure 31. Schematic of laser-induced forward transfer technology. 80
Figure 32. Schematic of fluid self-assembly technology. 82
Figure 33. Schematic of colour conversion technology. 82
Figure 34. Process flow of a full-colour micro display. 83
Figure 35. Market map for Micro-LED displays. 85
Figure 36. Market adoption roadmap for microLED displays. 85
Figure 37. LG QNED Mini-LED TV. 88
Figure 38. Micro-LED wearable display prototype. 91
Figure 39. APHAEA Watch. 92
Figure 40. Samsung Wall display system. 94
Figure 41. Samsung Neo QLED 8K. 95
Figure 42. Samsung Electronics 89-inch microLED TV. 96
Figure 43. MAGNIT Micro-LED TV. 97
Figure 44. Stretchable 12" microLED touch displays. 98
Figure 45. AUO AmLED. 100
Figure 46. laptop ROG Zephyrus Duo 16. 101
Figure 47. Acer Predator X32 Mini-LED Gaming Monitor. 101
Figure 48. Acer EI491CRG9 curved Mini-LED display. 102
Figure 49. AOC 27-inch Mini LED-backlit gaming monitor AG2740GM. 102
Figure 50. 12.9-inch iPad Pro. 103
Figure 51. Apple Pro Display XDR. 103
Figure 52. Asus ProArt PA32UCX. 103
Figure 53. ROG Swift PG32UQXE. 104
Figure 54. Lenovo ThinkVision Creator Extreme P27. 105
Figure 55. Creator 17 gaming laptop. 106
Figure 56. Samsung Odyssey G9 Neo gaming monitor. 107
Figure 57. AU Optonics Flexible Micro-LED Display. 108
Figure 58. Schematic of the TALT technique for wafer-level Micro-LED transferring. 109
Figure 59. 55” flexible AM panel. 109
Figure 60. Foldable 4K C SEED M1. 110
Figure 61. Micro-LEDs for medical applications 115
Figure 62. 2023 Cadillac Lyriq EV incorporating mini-LED display. 118
Figure 63. Micro-LED automotive display. 121
Figure 64. Issues in current commercial automotive HUD. 124
Figure 65. Rear lamp utilizing flexible Micro-LEDs. 125
Figure 66. Mojo Vision smart contact lens with an embedded Micro-LED display. 130
Figure 67. Cellid AR glasses, Exploded version. 130
Figure 68. Air Glass. 131
Figure 69. Panasonic MeganeX. 131
Figure 70. Thunderbird Smart Glasses Pioneer Edition. 132
Figure 71. RayNeo X2. 132
Figure 72. tooz technologies smart glasses. 133
Figure 73. Vuzix Micro-LED micro display Smart Glasses. 133
Figure 74. Leopard demo glasses by WaveOptics. 133
Figure 75. Different transparent displays and transmittance limitations. 135
Figure 76. 7.56" high transparency & frameless Micro-LED display. 136
Figure 77. AUO's 13.5-inch transparent RGB microLED display. 136
Figure 78. 17.3-inch transparent microLED AI display in a Taiwan Ferry. 137
Figure 79. Supply Chain of Mini-LED Backlight. 139
Figure 80. WireLED in 12” Silicon Wafer. 144
Figure 81. Typical GaN-on-Si LED structure. 145
Figure 82. 300 mm GaN-on-silicon epiwafer. 146
Figure 83. Micro-LED chiplet architecture. 147
Figure 84. Concept Apple Vr Ar Mixed Reality Headset. 148
Figure 85. 1.39-inch full-circle Micro-LED display 149
Figure 86. 9.4" flexible Micro-LED display. 150
Figure 87. BOE Mini-LED display TV. 152
Figure 88. BOE Mini-LED automotive display. 152
Figure 89. Image obtained on a blue active-matrix WVGA (wide video graphics array) micro display. 154
Figure 90. Fabrication of the 10-µm pixel pitch LED array on sapphire. 155
Figure 91. A 200-mm wafer with CMOS active matrices for GaN 873 × 500-pixel micro display at 10-µm pitch. 155
Figure 92. IntelliPix™ design for 0.26″ 1080p Micro-LED display. 157
Figure 93. C Seed 165-inch M1 Micro-LED TV. 159
Figure 94. N1 folding Micro-LED TV. 160
Figure 95. C Seed outdoor TV. 160
Figure 96. Focally Universe AR glasses. 166
Figure 97. Flexible Micro-LED. 175
Figure 98. Jade Bird Display micro displays. 178
Figure 99. JBD's 0.13-inch panel. 178
Figure 100. 0.22” Monolithic full colour Micro-LED panel and inset shows a conceptual monolithic polychrome projector with a waveguide. 179
Figure 101. Prototype Micro-LED display. 180
Figure 102. APHAEA Micro-LED watch. 181
Figure 103. Lextar 2021 micro LED and mini LED products. 187
Figure 104. LSAB009 Micro-LED display. 189
Figure 105. LG MAGNIT 4K 136-inch TV. 190
Figure 106. 12" 100 PPI full-color stretchable microLED display. 190
Figure 107. Schematic of Micro Nitride chip architecture. 194
Figure 108. Nationstar Mini LED IMD Package P0.5mm. 199
Figure 109. 55” flexible AM panel. 202
Figure 110. 9.4" flexible Micro-LED display. 203
Figure 111. 7.56-inch transparent Micro LED display. 204
Figure 112. PixeLED Matrix Modular Micro-LED Display in 132-inch. 204
Figure 113. Dashboard - 11.6-inch 24:9 Automotive Micro-LED Display. 205
Figure 114. Center Console - 9.38-inch Transparent Micro-LED Display. 205
Figure 115. 48 x 36 Passive Matrix Micro-LED display. 207
Figure 116. Micro-LED micro display based on a native red InGaN LED. 208
Figure 117. Micro-LED stretchable display. 214
Figure 118. The Wall. 216
Figure 119. Samsung Neo QLED 8K. 217
Figure 120. NPQD™ Technology for Micro-LEDs. 219
Figure 121. Wicop technology. 222
Figure 122. B-Series and C-Series displays. 227
Figure 123. A micro-display with a stacked-RGB pixel array, where each pixel is an RGB-emitting stacked Micro-LED device (left). The micro-display showing a video of fireworks at night, demonstrating the full-colour capability (right). N.B. Areas around the display/ 229
Figure 124. TCL Mini-LED TV schematic. 230
Figure 125. TCL 8K Mini-LED TV. 231
Figure 126. The Cinema Wall Micro-LED display. 231
Figure 127. Photo-polymer mass transfer process. 233
Figure 128. 7.56” Transparent Display. 234
Figure 129. 7.56" Flexible Micro-LED. 235
Figure 130. 5.04" seamless splicing Micro LED. 235
Figure 131. 7.56" Transparent Micro LED. 236
Figure 132. UMini0.9 4K. 237
Figure 133. VueReal Flipchip Micro-LED (30x15 um2). 241
Figure 134. Vuzix uLED display engine. 242
Figure 135. Mi TV Master series. 244

The Global Mini- and Micro-LED Displays Market 2024-2034

PDF download.

The Global Mini- and Micro-LED Displays Market 2024-2034

PDF and print edition (including tracked delivery).

Payment methods: Visa, Mastercard, American Express, Paypal, Bank Transfer.

To purchase by invoice (bank transfer) contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.

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Published August 2023 | 252 pages, 135 figures, 49 tables | Download table of contents

1 REPORT AIMS AND OBJECTIVES 19

2 EXECUTIVE SUMMARY 20

3 TECHNOLOGY ANALYSIS 48

4 THE GLOBAL MARKET FOR MINI- AND MICRO-LEDs 86

5 FLEXIBLE, STRETCHABLE AND FOLDABLE MICRO-LED 108

6 BIOTECH AND MEDICAL DISPLAYS 112

7 AUTOMOTIVE 117

8 VIRTUAL REALITY (VR), AUGMENTED REALITY (AR) AND MIXED REALITY (MR) 127

9 TRANSPARENT DISPLAYS 134

10 SUPPLY CHAINS 139

11 COMPANY PROFILES 143 (92 company profiles)

12 REFERENCES 246

List of Tables

List of Figures

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