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Global Mini LED Display Market by Application and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 213 Pages
  • March 2021
  • Region: Global
  • Allied Market Research
  • ID: 5322190
The global mini LED display market size was valued at $0.20 billion in 2019, and is expected to reach $1.90 billion by 2027, growing at a CAGR of 91.10% from 2020 to 2027.


Mini-LED displays can offer deeper, darker blacks, brighter & richer colors, and better contrast. One of the main benefits of mini LED over conventional LED TVs is that LED backlights are much smaller and more precise. Mini LEDs are gaining popularity in display units such as TVs, smartphones, and many more. Increase in demand for electronic products with better performance and higher efficiency is anticipated to escalate the demand for mini LEDs technology in the coming years. For instance, Apple is planning to introduce mini LED displays across much of its product lineup such as Mac notebooks and iPads. This display is expected to bring some useful technology improvements to Apple's products.

The prominent factor that drives the mini LED display market growth includes increase in demand for mini LED backlight in the electronics industry. The mini LED backlight for displays is rapidly gaining attention in the electronics market as major brands in consumer electronics, such as LG, Samsung, AUO, and others, plan to launch products featuring mini LED technology. Rise in usage of smartphone and increase in penetration of its numerous features in day-to-day lifestyle are anticipated to provide lucrative opportunity for the mini LED display market growth. However, one of the major restraints is the high cost of mini LED display. On the contrary, increase in investment in mini LED display technologies in Asia-Pacific is anticipated to provide lucrative opportunities for the expansion of the mini LED display industry during the forecast period.

The global mini LED display market is segmented into application, end use, and region. On the basis of application, the market is classified into automotive display, television, smartphones, notebook/laptop, and others. Depending on end use, the market is fragmented into consumer electronics, automotive, and other.

Region-wise, the mini LED display market trends are analyzed across North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Latin America and Middle East & Africa). North America accounted for the highest market share, owing to the expansion of the electronics market and rise in adoption of mini LED technology in the U.S.

KEY MARKET SEGMENTS


By APPLICATION

  • Automotive Display
  • Television
  • Smartphones
  • Notebook/Laptop
  • Others

By END USER

  • Consumer Electronics
  • Automotive
  • Other

By REGION

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Taiwan
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East & Africa

KEY PLAYERS

  • Japan Display, Inc.
  • Everlight Electronics Co. Ltd.
  • EPISTAR Corporation
  • AU Optronics Corp
  • Innolux Corporation
  • VerLASE Technologies LLC
  • BOE Technology Group Co
  • San’an Optoelectronics
  • Lextar Electronics Corporation
  • Harvatek Corporation

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. COVID-19 impact analysis
3.2.1. COVID-19 outbreak
3.2.2. Impact on market size
3.3. Key findings
3.3.1. Top impacting factors
3.3.2. Top investment pockets
3.4. Porter’s five forces analysis
3.5. Patent analysis
3.5.1. By region, 2014–2020
3.5.2. By applicant, 2014–2020
3.6. Market player positioning, 2020
3.7. Market dynamics
3.7.1. Drivers
3.7.1.1. Increase in demand for Mini LED backlight in electronics industry
3.7.1.2. Growth in adoption of smartphones
3.7.1.3. Rise in demand for Mini LED Display in Automotive industry
3.7.2. Restraint
3.7.2.1. High cost of Mini LED display
3.7.3. Opportunities
3.7.3.1. Increasing investment in Mini LED display technologies in Asia-Pacific
CHAPTER 4: GLOBAL MINI LED DISPLAY MARKET, BY APPLICATION
4.1. Overview
4.2. Automotive Display
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Television
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Smartphones
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
4.5. Laptop/Notebook
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country
4.6. Others
4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis, by country
CHAPTER 5: GLOBAL MINI LED DISPLAY MARKET, BY END USE
5.1. Overview
5.2. Consumer Electronics
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Automotive
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. Others
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
CHAPTER 6: MINI LED DISPLAY MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by application
6.2.3. Market size and forecast, by end use
6.2.4. Market analysis, by country
6.2.4.1. U. S.
6.2.4.1.1. Market size and forecast, by application
6.2.4.1.2. Market size and forecast, by end use
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by application
6.2.4.2.2. Market size and forecast, by end use
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by application
6.3.3. Market size and forecast, by end use
6.3.4. Market analysis, by country
6.3.4.1. Germany
6.3.4.1.1. Market size and forecast, by application
6.3.4.1.2. Market size and forecast, by end use
6.3.4.2. UK
6.3.4.2.1. Market size and forecast, by application
6.3.4.2.2. Market size and forecast, by end use
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by application
6.3.4.3.2. Market size and forecast, by end use
6.3.4.4. Rest of Europe
6.3.4.4.1. Market size and forecast, by application
6.3.4.4.2. Market size and forecast, by end use
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by application
6.4.3. Market size and forecast, by end use
6.4.4. Market analysis, by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by application
6.4.4.1.2. Market size and forecast, by end use
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by application
6.4.4.2.2. Market size and forecast, by end use
6.4.4.3. South Korea
6.4.4.3.1. Market size and forecast, by application
6.4.4.3.2. Market size and forecast, by end use
6.4.4.4. Taiwan
6.4.4.4.1. Market size and forecast, by application
6.4.4.4.2. Market size and forecast, by end use
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast, by application
6.4.4.5.2. Market size and forecast, by end use
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by application
6.5.3. Market size and forecast, by end use
6.5.4. Market analysis, by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by application
6.5.4.1.2. Market size and forecast, by end use
6.5.4.2. Middle East & Africa
6.5.4.2.1. Market size and forecast, by application
6.5.4.2.2. Market size and forecast, by end use
CHAPTER 7: COMPANY PROFILES
7.1. BOE Technology Group Co.
7.1.1. Company overview
7.1.2. Key Executives
7.1.3. Company snapshot
7.1.4. Operating business segments
7.1.5. Product portfolio
7.1.6. R&D Expenditure
7.1.7. Business performance
7.1.8. Key strategic moves and developments
7.2. Harvatek Corporation
7.2.1. Company overview
7.2.2. Key Executives
7.2.3. Company snapshot
7.2.4. Operating business segments
7.2.5. Product portfolio
7.2.6. Business performance
7.3. Lextar
7.3.1. Company overview
7.3.2. Key Executives
7.3.3. Company snapshot
7.3.4. Operating business segments
7.3.5. Product portfolio
7.3.6. R&D Expenditure
7.3.7. Business performance
7.3.8. Key strategic moves and developments
7.4. San’an Optoelectronics
7.4.1. Company overview
7.4.2. Key Executives
7.4.3. Company snapshot
7.4.4. Operating Business Segments
7.4.5. Product Portfolio
7.4.6. R&D Expenditure
7.4.7. Business performance
7.4.8. Key strategic moves and developments
7.5. VerLASE Technologies LLC
7.5.1. Company overview
7.5.2. Key Executives
7.5.3. Company snapshot
7.5.4. Operating business segments
7.5.5. Product portfolio
7.5.6. Key strategic moves and developments
7.6. JAPAN DISPLAY
7.6.1. Company overview
7.6.2. Key Executives
7.6.3. Company snapshot
7.6.4. Product portfolio
7.6.5. R&D Expenditure
7.6.6. Business performance
7.7. Everlight Electronics Co., Ltd.
7.7.1. Company overview
7.7.2. Key Executives
7.7.3. Company snapshot
7.7.4. Product portfolio
7.7.5. R&D Expenditure
7.7.6. Business performance
7.8. Epistar Corporation
7.8.1. Company overview
7.8.2. Key Executives
7.8.3. Company snapshot
7.8.4. Product portfolio
7.8.5. R&D Expenditure
7.8.6. Business performance
7.9. AU Optronics Corp
7.9.1. Company overview
7.9.2. Key Executives
7.9.3. Company snapshot
7.9.4. Product portfolio
7.9.5. R&D Expenditure
7.9.6. Business performance
7.10. Innolux Corporation
7.10.1. Company overview
7.10.2. Key Executives
7.10.3. Company snapshot
7.10.4. Product portfolio
7.10.5. R&D Expenditure
7.10.6. Business performance
List of Tables
Table 01. Global Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 02. Mini Led Display Market for Automotive Display, by Region, 2019-2027 ($Million)
Table 03. Mini Led Display Market for Television, by Region, 2019-2027 ($Million)
Table 04. Mini Led Display Market for Smartphones, by Region, 2019-2027 ($Million)
Table 05. Mini Led Display Market for Notebook/Tablet, by Region, 2019-2027 ($Million)
Table 06. Mini Led Display Market for Others, by Region, 2019-2027 ($Million)
Table 07. Global Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 08. Mini Led Display Market for Consumer Electronics, by Region, 2019-2027 ($Million)
Table 09. Mini Led Display Market for Automotive, by Region, 2019-2027 ($Million)
Table 10. Mini Led Display Market for Other, by Region, 2019-2027 ($Million)
Table 11. Mini Led Display Market Revenue, by Region, 2019-2027 ($Million)
Table 12. North America Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 13. North America Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 14. U.S. Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 15. U.S. Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 16. Canada Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 17. Canada Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 18. Europe Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 19. Europe Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 20. Germany Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 21. Germany Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 22. UK Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 23. UK Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 24. France Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 25. France Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 26. Rest of Europe Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 27. Rest of Europe Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 28. Asia-Pacific Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 29. Asia-Pacific Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 30. China Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 31. China Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 32. Japan Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 33. Japan Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 34. South Korea Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 35. South Korea Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 36. Taiwan Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 37. Taiwan Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 38. Rest of Asia-Pacific Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 39. Rest of Asia-Pacific Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 40. North America Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 41. North America Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 42. Latin America Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 43. Latin America Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 44. Middle East Mini Led Display Market, by Application, 2019-2027 ($Million)
Table 45. Middle East Mini Led Display Market, by End Use, 2019-2027 ($Million)
Table 46. Boe Technology Group Co.:Key Executives
Table 47. Boe Technology Group Co.: Company Snapshot
Table 48. Boe Technology Group Co.: Operating Segments
Table 49. Boe Technology Group Co.: Product Portfolio
Table 50. Boe Technology Group Co.: Key Strategic Moves and Developments
Table 51. Harvatek Corporation.:Key Executives
Table 52. Harvatek Corporation.: Company Snapshot
Table 53. Harvatek Corporation.: Operating Segments
Table 54. Harvatek Corporation.: Product Portfolio
Table 55. Lextar.:Key Executives
Table 56. Lextar.: Company Snapshot
Table 57. Lextar.: Operating Segments
Table 58. Lextar.: Product Portfolio
Table 59. Lextar.: Key Strategic Moves and Developments
Table 60. San’An Optoelectronics.:Key Executives
Table 61. San’An Optoelectronics.: Company Snapshot
Table 62. San’An Optoelectronics.: Operating Segments
Table 63. San’An Optoelectronics.: Product Portfolio
Table 64. San’An Optoelectronics.: Key Strategic Moves and Developments
Table 65. Verlase Technologies LLC.:Key Executives
Table 66. Verlase Technologies LLC.: Company Snapshot
Table 67. Verlase Technologies LLC.: Operating Segments
Table 68. Verlase Technologies LLC.: Product Portfolio
Table 69. Analog Devices Incorporated.: Key Strategic Moves and Developments
Table 70. Japan Display.:Key Executives
Table 71. Japan Display: Company Snapshot
Table 72. Japan Display: Product Portfolio
Table 73. Everlight Electronics Co., Ltd.:Key Executives
Table 74. Everlight Electronics Co., Ltd.: Company Snapshot
Table 75. Everlight Electronics Co., Ltd.: Product Portfolio
Table 76. Epistar Corporation:Key Executives
Table 77. Epistar Corporation: Company Snapshot
Table 78. Epistar Corporation: Product Portfolio
Table 79. Au Optronics Corp:Key Executives
Table 80. Au Optronics Corp: Company Snapshot
Table 81. Au Optronics Corp: Product Portfolio
Table 82. Innolux Corporation:Key Executives
Table 83. Innolux Corporation: Company Snapshot
Table 84. Innolux Corporation: Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Global Mini Led Display Market Snapshot, by Segmentation
Figure 03. Mini Led Display Market Snapshot, by Region
Figure 04. Top Impacting Factors
Figure 05. Top Investment Pockets
Figure 06. Moderate-To-High Bargaining Power of Suppliers
Figure 07. Moderate T0 High Threat of New Entrants
Figure 08. Moderate Threat of Substitutes
Figure 09. Moderate-To-High Intensity of Rivalry
Figure 10. Moderate-To-High Bargaining Power of Buyers
Figure 11. Patent Analysis, by Country
Figure 12. Patent Analysis, by Applicant
Figure 13. Market Player Positioning, 2020
Figure 14. Global Mini Led Display Market, by Application, 2019-2027
Figure 15. Comparative Share Analysis of Mini Led Display Market for Automotive Display, by Country, 2019 & 2027 (%)
Figure 16. Comparative Share Analysis of Mini Led Display Market for Television, by Country, 2019 & 2027 (%)
Figure 17. Comparative Share Analysis of Mini Led Display Market for Smartphones, by Country, 2019 & 2027 (%)
Figure 18. Comparative Share Analysis of Mini Led Display Market for Notebook/Tablet, by Country, 2019 & 2027 (%)
Figure 19. Comparative Share Analysis of Mini Led Display Market for Others, by Country, 2019 & 2027 (%)
Figure 20. Global Mini Led Display Market, by End Use, 2019-2027
Figure 21. Comparative Share Analysis of Mini Led Display Market for Consumer Electronics, by Country, 2019 & 2027 (%)
Figure 22. Comparative Share Analysis of Mini Led Display Market for Automotive, by Country, 2019 & 2027(%)
Figure 23. Comparative Share Analysis of Mini Led Display Market for Other, by Country, 2019 & 2027(%)
Figure 24. Mini Led Display Market, by Region, 2019-2027 (%)
Figure 25. Comparative Share Analysis of North America Mini Led Display Market, by Country, 2019-2027 (%)
Figure 26. U. S. Mini Led Display Market, 2019-2027 ($Million)
Figure 27. Canada Mini Led Display Market, 2019-2027 ($Million)
Figure 28. Comparative Share Analysis of Europe Mini Led Display Market, by Country, 2019-2027 (%)
Figure 29. Germany Mini Led Display Market, 2019-2027 ($Million)
Figure 30. UK Mini Led Display Market, 2019-2027 ($Million)
Figure 31. France Mini Led Display Market, 2019-2027 ($Million)
Figure 32. Rest of Europe Mini Led Display Market, 2019-2027 ($Million)
Figure 33. Comparative Share Analysis of Asia-Pacific Mini Led Display Market, by Country, 2019-2027 (%)
Figure 34. China Mini Led Display Market, 2019-2027 ($Million)
Figure 35. Japan Mini Led Display Market, 2019-2027 ($Million)
Figure 36. South Korea Mini Led Display Market, 2019-2027 ($Million)
Figure 37. Taiwan Mini Led Display Market, 2019-2027 ($Million)
Figure 38. Rest of Asia-Pacific Mini Led Display Market, 2019-2027 ($Million)
Figure 39. Comparative Share Analysis of LAMEA Mini Led Display Market, by Country, 2019-2027 (%)
Figure 40. Latin America Mini Led Display Market, 2019-2027 ($Million)
Figure 41. Middle East Mini Led Display Market, 2019-2027 ($Million)
Figure 42. Boe Technology Group Co.: R&D Expenditure, 2017-2019 ($Million)
Figure 43. Boe Technology Group Co.: Revenue, 2017-2019 ($Million)
Figure 44. Boe Technology Group Co.: Revenue Share by Segment, 2019 (%)
Figure 45. Boe Technology Group Co.: Revenue Share by Region, 2019 (%)
Figure 46. Harvatek Corporation.: Net Sales, 2017-2019 ($Million)
Figure 47. Lextar.: R&D Expenditure, 2017-2019 ($Million)
Figure 48. Lextar.: Net Sales, 2017-2019 ($Million)
Figure 49. Lextar.: Revenue Share by Segment, 2019 (%)
Figure 50. Lextar. Revenue Share, by Region, 2019 (%)
Figure 51. San’An Optoelectronics.: R&D Expenditure, 2017-2019 ($Million)
Figure 52. San’An Optoelectronics.: Net Sales, 2017-2019 ($Million)
Figure 53. Japan Display: R&D Expenditure, 2017-2019 ($Million)
Figure 54. Japan Display: Revenue, 2017-2019 ($Million)
Figure 55. Japan Display: Revenue Share by Region, 2019 (%)
Figure 56. Everlight Electronics Co., Ltd.: R&D Expenditure, 2017-2019 ($Million)
Figure 57. Everlight Electronics Co., Ltd.: Revenue, 2017-2019 ($Million)
Figure 58. Everlight Electronics Co., Ltd.: Revenue Share by Segment, 2019 (%)
Figure 59. Everlight Electronics Co., Ltd.: Revenue Share by Region, 2019 (%)
Figure 60. Epistar Corporation: R&D Expenditure, 2017-2019 ($Million)
Figure 61. Epistar Corporation: Revenue, 2017-2019 ($Million)
Figure 62. Epistar Corporation: Revenue Share by Segment, 2019 (%)
Figure 63. Epistar Corporation: Revenue Share by Region, 2019 (%)
Figure 64. Au Optronics Corp: R&D Expenditure, 2017-2019 ($Million)
Figure 65. Au Optronics Corp Ation: Revenue, 2017-2019 ($Million)
Figure 66. Au Optronics Corp: Revenue Share by Segment, 2019 (%)
Figure 67. Au Optronics Corp: Revenue Share by Region, 2019 (%)
Figure 68. Innolux Corporation: R&D Expenditure, 2017-2019 ($Million)
Figure 69. Innolux Corporation: Revenue, 2017-2019 ($Million)
Figure 70. Innolux Corporation: Revenue Share by Segment, 2019 (%)
Figure 71. Innolux Corporation: Revenue Share by Region, 2019 (%)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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