This report analyses the market for Mini-LEDs and Micro-LEDs, covering technology and market developments. The displays market is constantly advancing, with new technologies allowing for greatly improved brightness, HDR, and colour reproducibility. Recently, mini-LED and micro-LED have attracted major attention in the displays market and are being implemented in products by consumer electronics giants such as Samsung and Apple.
The market is projected to explode in the next few years, taking a significant chunk of the displays market and pushing into wearables, transparent display, flexible display, stretchable display for skin-integrated devices, AR/VR, smartphones automotive lighting such as active headlights, and projector applications. MiniLED backlights are utilized in large-screen TVs, monitors, automotive and industrial applications. Improvements MiniLED offer over incumbent display technologies include:
- High brightness.
- High contrast ratio.
- Low power consumption.
- Higher efficiency.
MicroLED started to gain market traction in 2022. MicroLEDs are targeted at direct view displays. Improvements they offer include:
- high efficiency
- high brightness-readable under sunshine (>10,000 nits)
- high colour saturation
- ultra-high resolution (>2000 dpi with Si backplane)
- ultra-low power consumption
- quick response rate (on/off switching within nano-seconds).
- long lifetime (>80,000 hours).
These properties make them attractive for application in very large TVs, AR/VR and automotive applications. Other applications include wearable/implantable optoelectronic devices, light communication/light interconnection, medical treatment, spatial imaging etc.
Report contents include:
- Latest technology and supply chain information.
- Industry trends and growth drivers.
- Assessment of technology challenges.
- Industry developments in the past 18 months.
- Current and planned mini-LED and micro-LED products.
- Analysis of markets and applications for mini-LED and micro-LEDs. Markets covered include
- <65” TVs
- >65” TVs and video walls
- AR/VR projectors
- Heads-up displays (HUD)
- Automotive displays
- Wearables and smartwatches
- Laptops, monitors and tablets
- Medical displays
- Flexible, stretchable and foldable displays
- Transparent displays.
- Analysis of non-display markets including lighting and LiFi communications.
- Latest information on novel LED growth, transfer techniques, manufacturing and scale up.
- Ten year forecasts for mini-LED and micro-LED market, by revenues, units and applications to 2033.
- Assessment of competitive landscape.
- Profiles of 84 companies in the mini-LED and micro-LED market. Companies profiled include Aledia, ALLOS Semiconductors GmbH, AU Optronics Corporation, Foxconn Electronics, Glō, iBeam Materials, Inc., Innolux Corporation, Industrial Technology Research Institute (ITRI), Japan Display Inc. (JDI), Royole Corporation, Konka Group, LG Display Co., Ltd., MICLEDI Microdisplays, Mikro Mesa Technology Co., Ltd., Nichia Corporation, PlayNitride, Inc., Rohinni LLC, Samsung, San'an Optoelectronics Co., Ltd., Seoul Semiconductor/Seoul Viosys Co., Ltd., Sony, Vuzix Corporation. TCL Electronics, Tianma Microelectronics Co., Ltd., VueReal and more.
Table of Contents
1 REPORT AIMS AND OBJECTIVES
2.2 The MicroLED market
2.2.1 Market in 2021
2.2.2 Market in 2022
2.3 The global display market
2.3.1 Display technologies assessment
2.4 Motivation for use of MiniLEDs and MicroLEDs
2.5 MiniLED and MicroLEDs applications
2.6 Market and technology challenges
2.7 Industry developments 2020-2022
2.8 CES 2021 display innovations
2.9 CES 2022 and Display Week 2022 displays innovations
2.10 Market activity in China
2.11 Global shipment forecasts for Mini-LEDs and Micro-LEDs to 2027
3.1.1 Display configurations
3.2 MiniLED displays
3.2.1 Comparison to LCD and OLED
3.2.2 Advantages and disadvantages
3.2.3 Backplane types
3.2.5 High dynamic range miniLED displays
3.2.6 Quantum dot films for miniLED displays
3.2.7 Perovskite colour enhancement film in MiniLEDs
18.104.22.168 Transfer technologies
3.3.4 Comparison to LCD and OLED
3.3.5 MicroLED display specifications
22.214.171.124 Epitaxy and Chip Processing
126.96.36.199 Assembly Technologies
188.8.131.52.1 Monolithic fabrication of micro displays
184.108.40.206.2 Mass transfer
220.127.116.11.3 Mass Transfer Processes
18.104.22.168.3.1 Elastomer Stamp Transfer
22.214.171.124.3.2 Roll-to-Roll or Roll-to-Panel Imprinting
126.96.36.199.3.3 Laser-induced forward transfer (LIFT)
188.8.131.52.3.4 Electrostatic Transfer
184.108.40.206.3.5 Micro vacuum-based transfer
220.127.116.11.3.6 Adhesive Stamp
18.104.22.168.3.7 Fluidically Self-Assembled Transfer
22.214.171.124 Full colour conversion
126.96.36.199.1 Phosphor Colour Conversion LEDs
188.8.131.52.2 Quantum dots colour conversion
4.1.1 The market in 2021
4.1.2 The market in 2022
4.1.3 MiniLED Quantum Dot TV
4.2 Smartwatches and wearables
4.4.1 Wall display
4.4.2 Neo QLED TV range
4.5.1 LG mini QNED range
4.5.2 MAGNIT MicroLED TV
4.6.1 8 Series and 6 Series
5.2 MiniLED and MicroLED laptop, monitor and tablet products and prototypes
6.2 Product developers
7.1.1 MicroLEDs for medical applications
7.2 Product developers
8.2.1 Head-up display (HUD)
8.3 Product developers
9.2.1 AR/VR Smart glasses and head-mounted displays (HMDs)
9.2.2 MicroLED contact lenses
9.2.3 Products and prototypes
10.3 Product developers
Table 2. Summary of display technologies
Table 3. MiniLED applications
Table 4. MicroLED applications
Table 5. Market and technology challenges for miniLED and microLED
Table 6. Micro and MicroLED industry developments 2020-2022
Table 7. MiniLED and microLED product announcements at CES 2021
Table 8. MiniLED and microLED product announcements at CES 2022 and Display Week 2022
Table 9. Mini/microLED activity in China
Table 10. Mini-LEDs backlights global market 2020-2033, by market (Million units)
Table 11. Global Micro-LED display market (thousands of units) 2020-2033
Table 12. Comparison between miniLED and microLED
Table 13. Comparison between miniLED displays and other display types
Table 14. Advantages and disadvantages of MiniLEDs
Table 15. Comparison of AM and PM driving
Table 16. MicroLED backlight costs
Table 17. Comparison to conventional LEDs
Table 18. Types of microLED
Table 19. Summary of monolithic integration, monolithic hybrid integration (flip-chip/wafer bonding), and mass transfer technologies
Table 20. Summary of different mass transfer technologies
Table 21. Comparison to LCD and OLED
Table 22. Schematic comparison to LCD and OLED
Table 23. Commercially available microLED products and specifications
Table 24. microLED-based display advantages and disadvantages
Table 25. Mass transfer methods, by company
Table 26. Comparison of various mass transfer technologies
Table 27. Comparison of LED TV technologies
Table 28. MiniLED and MicroLED TVs launched in 2022
Table 29. MiniLED and microLED TV products
Table 30. Samsung Neo QLED TV range
Table 31. LG mini QNED range
Table 32.TCL range of miniLED TVs
Table 33. MiniLED laptop, monitor and tablet products and prototypes
Table 34. Flexible, stretchable and foldable miniLED and MicroLED products
Table 35. Medical display miniLED and MicroLED products
Table 36. Automotive display & backlight architectures
Table 37. Applications of microLED in automotive
Table 38. Automotive display miniLED and MicroLED products
Table 39. Comparison of AR Display Light Engines
Table 40. MicroLED based smart glass products
Table 41. tooz technologies smart glasses
Table 43. Applications of miniLED and microLED transparent displays
Table 44. Companies developing MicroLED transparent displays
Table 45. microLED supply chain
Table 46. LG mini QNED range
Table 47. Samsung Neo QLED TV range
Table 48. San’an Mini and Micro LED Production annual target
Table 49. NPQDTM vs Traditional QD based Micro-LEDs
Table 50. TCL miniLED product range
Figure 2. The progress of display technology, from LCD to MicroLED
Figure 3. Mini-LEDs backlights global market 2020-2033, by market (Million units)
Figure 4. Global Micro-LED display market (thousands of units) 2020-2033
Figure 5. Display system configurations
Figure 6. Schematic of LCD with MicroLED backlight
Figure 7. Schematic for configuration of full colour microLED display
Figure 8. BOE glass-based backplane process
Figure 9. MSI curved quantum dot miniLED display
Figure 10. MicroLED schematic
Figure 11. Pixels per inch roadmap of µ-LED displays from 2007 to 2019
Figure 12. Mass transfer for µLED chips
Figure 13. Schematic diagram of mass transfer technologies
Figure 14. Comparison of microLED with other display technologies
Figure 15. Lextar 10.6 inch transparent microLED display
Figure 16. Transition to borderless design
Figure 17. Schematics of a elastomer stamping, b electrostatic/electromagnetic transfer, c laser-assisted transfer and d fluid self-assembly
Figure 18. Schematics of Roll-based mass transfer
Figure 19. Schematic of laser-induced forward transfer technology
Figure 20. Schematic of fluid self-assembly technology
Figure 21. Schematic of colour conversion technology
Figure 22. Process flow of a full-colour microdisplay
Figure 23. LG QNED miniLED TV
Figure 24. microLED wearable display prototype
Figure 25. APHAEA Watch
Figure 26. Samsung Wall display system
Figure 27. Samsung Neo QLED 8K
Figure 28. MAGNIT MicroLED TV
Figure 29. AUO AmLED
Figure 30. laptop ROG Zephyrus Duo 16
Figure 31. Acer Predator X32 Mini-LED Gaming Monitor
Figure 32. Acer EI491CRG9 curved miniLED display
Figure 33. AOC 27-inch Mini LED-backlit gaming monitor AG2740GM
Figure 34. 12.9-inch iPad Pro
Figure 35. Apple Pro Display XDR
Figure 36. Asus ProArt PA32UCX
Figure 37. ROG Swift PG32UQXE
Figure 38. Lenovo ThinkVision Creator Extreme P27
Figure 39. Creator 17 gaming laptop
Figure 40. Samsung Odyssey G9 Neo gaming monitor
Figure 41. AU Optonics Flexible MicroLED Display
Figure 42. Schematic of the TALT technique for wafer-level microLED transferring
Figure 43. Foldable 4K C SEED M1
Figure 44. MicroLEDs for medical applications
Figure 45. 2023 Cadillac Lyriq EV incorporating mini-LED display
Figure 46. MicroLED automotive display
Figure 47. Issues in current commercial automotive HUD
Figure 48. Rear lamp utilizing flexible MicroLEDs
Figure 55. Mojo Vision smart contact lens with an embedded MicroLED display
Figure 49. Cellid AR glasses, Exploded version
Figure 50. Air Glass
Figure 51. Panasonic MeganeX
Figure 52. Thunderbird Smart Glasses Pioneer Edition
Figure 53. Vuzix microLED microdisplay Smart Glasses
Figure 54. Leopard demo glasses by WaveOptics
Figure 56. Different transparent displays and transmittance limitations
Figure 57. 7.56" high transparency & frameless MicroLED display
Figure 58. Supply Chain of miniLED Backlight
Figure 59. WireLED in 12” Silicon Wafer
Figure 60. Typical GaN-on-Si LED structure
Figure 61. 300 mm GaN-on-silicon epiwafer
Figure 62. MicroLED chiplet architecture
Figure 63. Concept Apple Vr Ar Mixed Reality Headset
Figure 64. 1.39-inch full-circle microLED display
Figure 65. 9.4" flexible MicroLED display
Figure 66. BOE MiniLED display TV
Figure 67. BOE miniLED automotive display
Figure 68. Image obtained on a blue active-matrix WVGA (wide video graphics array) microdisplay
Figure 69. Fabrication of the 10-µm pixel pitch LED array on sapphire
Figure 70. A 200-mm wafer with CMOS active matrices for GaN 873 × 500-pixel microdisplay at 10-µm pitch
Figure 71. IntelliPix™ design for 0.26" 1080p microLED display
Figure 72. C Seed 165-inch M1 microLED TV
Figure 73. N1 folding MicroLED TV
Figure 74. C Seed outdoor TV
Figure 75. Focally Universe AR glasses
Figure 76. Flexible microLED
Figure 77. Jade Bird Display microdisplays
Figure 78. JBD's 0.13-inch panel
Figure 79. 0.22” Monolithic full colour microLED panel and inset shows a conceptual monolithic polychrome projector with a waveguide
Figure 80. Prototype microLED display
Figure 81. APHAEA MicroLED watch
Figure 82. Lextar 2021 micro LED and mini LED products
Figure 83. LSAB009 microLED display
Figure 84. LG MAGNIT 4K 136-inch TV
Figure 85. Schematic of Micro Nitride chip architecture
Figure 86. Nationstar Mini LED IMD Package P0.5mm
Figure 87. 55” flexible AM panel
Figure 88. 9.4" flexible MicroLED display
Figure 89. 7.56-inch transparent Micro LED display
Figure 90. PixeLED Matrix Modular MicroLED Display in 132-inch
Figure 91. Dashboard - 11.6-inch 24:9 Automotive MicroLED Display
Figure 92. Center Console - 9.38-inch Transparent MicroLED Display
Figure 93. 48 x 36 Passive Matrix microLED display
Figure 94. microLED microdisplay based on a native red InGaN LED
Figure 95. Micro-LED stretchable display
Figure 96. The Wall
Figure 97. Samsung Neo QLED 8K
Figure 98. NPQD™ Technology for MicroLEDs
Figure 99. Wicop technology
Figure 100. B-Series and C-Series displays
Figure 101. A micro-display with a stacked-RGB pixel array, where each pixel is an RGB-emitting stacked microLED device (left). The micro-display showing a video of fireworks at night, demonstrating the full-colour capability (right). N.B. Areas around the display
Figure 102. TCL MiniLED TV schematic
Figure 103. TCL 8K Mini-LED TV
Figure 104. The Cinema Wall MicroLED display
Figure 105. Photo-polymer mass transfer process
Figure 106. 7.56” Transparent Display
Figure 107. UMini0.9 4K
Figure 108. VueReal Flipchip microLED (30x15 um2)
Figure 109. Vuzix uLED display engine
Figure 110. Mi TV Master series
A selection of companies mentioned in this report includes:
- ALLOS Semiconductors GmbH
- AU Optronics Corporation
- BOE Technology Group Co., Ltd.
- C Seed
- Cellid, Inc.
- China Star Optoelectronics Technology (CSOT)
- Compound Photonics US Corporation
- eLux, Inc.
- Ennostar, Inc.
- Epileds Technologies
- EpiPix Ltd.
- Everlight Electronics Co., Ltd.
- Foxconn Electronics
- HannStar Display Corp.
- Harvatek Corporation
- HC SemiTek Corporation
- HCP Technology HCP Co., Ltd.
- Hisense Group Corp
- iBeam Materials, Inc.
- Industrial Technology Research Institute (ITRI)
- Innolux Corporation
- Jade Bird Display (JBD)
- Japan Display Inc(JDI)
- Konka Group
- Kopin Corporation
- Kubos Semiconductors
- Kulicke and Soffa Industries, Inc.
- Kura Technologies
- Kyocera Corporation
- LedMan Optoelectronics Co., Ltd.
- Leyard OptoElectronic
- LG Display Co., Ltd.
- Lumiode, Inc.
- MICLEDI Micro displays
- Micro Nitride Co., Ltd.
- Mikro Mesa Technology Co., Ltd.
- Mojo Vision, Inc.
- Nanosys, Inc.
- Nichia Corporation
- PanelSemi Corporation
- PlayNitride, Inc.
- Plessey Semiconductors Ltd
- Poro Technologies Ltd (Porotech)
- QustomDot BV
- Raysolve Technology
- RiTdisplay Corporation
- Rohinni LLC
- Royole Corporation
- Samsung Display Co., Ltd
- San'an Optoelectronics Co., Ltd.
- Saphlux, Inc.
- Seoul Semiconductor/Seoul Viosys Co., Ltd.
- Sharp Display Technology (SDTC)
- Shenzhen Aoto Electronics Co., Ltd.
- Shenzhen MTC
- Shenzhen SiTan Technology Limited
- SiliconCore Technology, Inc.
- Sundiode Inc
- TCL Electronics
- Terecircuits Corporation
- Tianma Microelectronics Co., Ltd.
- Unity Opto Technology Co., Ltd
- VerLASE Technologies LLC
- Visionox Technology, Inc.
- Vuzix Corporation
- Xiamen Changelight Co., Ltd.
- Xiaomi Corporation