Dan’s Biz Bookshelf: ‘Do/Start'
Facing the Future: The Role of 5G and Beyond in Shaping PCB Demand
It’s Only Common Sense: Stop Pitching, Start Listening
Omdia: Mini LED backlight LCD display expected to surpass OLED display in 2025
June 19, 2024 | PRNewswireEstimated reading time: 1 minute
According to the latest Omdia Mini LED Backlight Market Tracker, LCD TV display equipped with mini-LED backlight unit will be reaching 6.2 million units in 2024. During the same year, Samsung Display and LG Display are forecasted to produce 6.8 million units of OLED TV display, including both WOLED and QD OLED TV variants. However, by 2025, the mini-LED backlight TVs are forecasted to reach 9.3 million units, surpassing the 7.5 million units of OLED TV, for the first time.
Since 2022, the LCD TV display market with mini-LED backlight and quantum dot materials has experienced substantial growth. This expansion is driven by the continuous cost reductions through effective supply chain management of the mini-LED backlight and advancements in quantum dot materials. While OLED TV displays are celebrated for their infinite contrast ratio, exceptional color gamut and fast response times, the combined mini-LED backlight and quantum dot-equipped LCD TV display is now challenging OLED TV's dominance. The mini-LED backlight enhances dimming functions and HDR capabilities while quantum dots boost color gamut performance, leading LCD TV OEMs and panel makers to adopt both technologies to elevate their product specifications.
OLED TV display shipment have outpaced mini-LED backlight displays for the past decade, but this trend is set to change from 2025.
Samsung, LG Electronics, Sony, TCL and Hisense are all aiming for double digit growth in their mini-LED backlight TV display shipment in 2024 and 2025.
"OLED TV panels offer significant advantages in the high-end TV market, such as higher brightness, better environmental friendliness due to fewer components and materials, no halo effect on the screen since there is no mini-LED grouping for dimming zones, and a strongly established premium TV image among consumers," commented David Hsieh, Senior Research Director in Omdia's Displays practice.
"However, mini-LED backlights are now competitive in several aspects : a mature supply chain, the shift to larger LCD TV displays, the cost-effective 500-2,000 dimming zones, the production of super larger size like 85-inches and above, and ample capacity for LCD TV open cells," added Hsieh. "Therefore, there will be intense competition between mini-LED backlight LCD TVs and OLED TVs moving forward, which will help expand the high-end TV segment and align with the trends towards larger sizes," concluded Hsieh.
Share on:
Suggested Items
Indian Government Establishes Panel for New National Manufacturing Mission
05/14/2025 | I-Connect007The Indian government has set up an inter-ministerial committee to design the primary plan for a new national manufacturing mission, India’s Economic Times reported on May 12.
Federal Electronics Continues Tradition of Giving Back Through McAuley Ministries’ Lunch on Us Program
04/21/2025 | Federal ElectronicsFederal Electronics, a leader in providing advanced electronic manufacturing services, is proud to give back to the local community through its ongoing support of McAuley Ministries.
Samsung and Google Cloud Expand Partnership
04/09/2025 | PRNewswireSamsung Electronics Co., Ltd and Google Cloud today announced an expanded partnership to bring Google Cloud's generative AI technology to Ballie, a new home AI companion robot from Samsung.
Statement from IPC on ‘Liberation Day’ Pressing for Domestic Manufacturing Strategy
04/03/2025 | IPCIPC, a global electronics association dedicated to furthering the competitive excellence and financial success of more than 3,200 members, shared the following statement today on U.S. tariffs and their implications on the global electronics industry. It can be attributed to Richard Cappetto, IPC senior director of North American government affairs:
UMC Unveils New Fab Expansion in Singapore in Grand Opening Ceremony
04/01/2025 | BUSINESS WIREUnited Microelectronics Corporation (UMC), a leading global semiconductor foundry, today officially unveiled its new fab facility in Singapore in a grand opening ceremony.