Mini LED and micro LED present status and future perspectives

Jan 17, 2022 (GLOBE NEWSWIRE) – “Global Mini and Micro LED Market 2022-2027”

This report covers Mini LED and Micro LED market. The display market is constantly evolving, with new technologies enabling vast improvements in brightness, HDR and color reproduction.

Recently, miniLED and microLED have attracted a lot of attention in the display market and have been implemented in products by consumer electronics giants such as Samsung and Apple. LG recently announced that they will launch Micro LED TVs in 2022. Samsung will add an 89-inch Micro LED TV to its lineup with an edge-to-edge display.

The market is expected to grow explosively in the next few years, occupying a large portion of the display market and moving into wearable devices, transparent displays, flexible displays, stretchable displays for skin-integrated devices, AR/VR, smartphone automotive lighting (such as active type headlights) and projector applications.

MiniLED backlights are used in large-screen TVs, monitors, automotive and industrial applications. MiniLED improvements to existing display technologies include:

high brightness

high contrast

low power consumption

higher efficiency

MicroLEDs will begin to gain market traction in 2022. MicroLEDs are aimed at direct-view displays. The improvements they provide include:

high efficiency

sunshine high brightness readable (>10,000 nits)

high color saturation

Ultra high resolution (>2000 dpi with Si backplane)

ultra low power consumption

flexibility

Fast response time (on/off switching within nanoseconds)

Long life (>80,000 hours)

These features make it attractive for very large TV, AR/VR and automotive applications. Other applications include wearable/implantable optoelectronic devices, optical communication/optical interconnection, medical, spatial imaging, etc.

Latest technology and supply chain information

Industry Trends and Growth Drivers

Technical Challenge Assessment

Industry developments over the past 18 months

Current and planned miniLED and microLED products

Market and application analysis of miniLED and microLED. Markets covered include TV, AR and VR, smartphones, automotive, wearables and smart watches, laptops, monitors and tablets, medical displays, flexible, stretchable and foldable displays, and transparent displays

Current market and forecast for miniLED and microLED, by revenue, unit and application

Competitive Landscape Assessment

Profiles of 72 companies in the miniLED and microLED market.

Companies introduced include:

aledia

ALLOS Semiconductors Ltd.

AU Optronics

Foxconn Electronics

Glo

iBeam Materials Inc.

Innolux

Industrial Technology Research Institute (ITRI)

Japan Display Inc. (JDI)

Royole

Konka Group

LG Display Co., Ltd.

MILEDI Microdisplay

Micro Mesa Technology Co., Ltd.

Nichia Corporation

PlayNitride, Inc.

Rohini LLC

Samsung

Sanan Optoelectronics Co., Ltd.

Seoul Semiconductor/Seoul Viosys Co., Ltd.

sony

Vuzix Corporation. TCL Electronics

Tianma Microelectronics Co., Ltd.

VueReal