Reports
Reports
Sale
The global mini LED display market size reached approximately USD 0.21 billion in 2023. The market is further projected to grow at a CAGR of 58.9% between 2024 and 2032, reaching a value of USD 17.50 billion by 2032.
Mini LED displays use smaller LED chips for producing the light emitted from the displays. The miniaturisation of the design aids in finer control of lighting levels, making them suitable for usage in both commercial and residential applications.
On the basis of technology, the market is bifurcated into mini display and mini lighting. Based on LED type, the market is divided into standard, low current, and ultra-high current. On the basis of application, the market is classified into automotive display, television, smartphone, and notebook/ laptop, among others.
Based on end-user, the market is categorised into consumer electronics and automotive, among others, with consumer electronics sub-divided by type into mobile phones, laptops/ notebooks, tablets, and television, among others.
On the basis of region, the mini LED display market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Consumer electronics are expected to account for significant mini LED display market share over the forecast period owing to the rising demand for consumer electronics because of competitive pricing, convenience offered by the products, and wide product selection provided by manufacturers. Facilitation of mini LED displays in laptops, mobiles, and tablets provides enhanced contrast and brightness, improving the visual experience of the users. The increasing popularity of gaming and video streaming is further bolstering the demand for mini LED displays in the production of consumer electronics.
North America is anticipated to account for a significant share of the market in the coming years. This growth can be attributed to the rapid expansion of the automotive sector, increased demand for electronic products, and high investments towards the advancement of LED technology. The growing popularity of video games in North America is bolstering the mini LED display market demand. The finer control of lighting levels provided by mini LED displays coupled with lower manufacturing costs are further supporting the market expansion.
Lextar Electronics Corporation, headquartered in Hsinchu City, Taiwan, specialises in the production of smart lighting control systems, LED for backlighting, and LED for lighting applications. The leading opto-semiconductor maker integrates downstream packages, upper stream epitaxial, and SMT.
AUO Corporation, headquartered in Hsinchu City, Taiwan, is an electrical, electronics, and appliance manufacturing company that is one of the leading providers of optoelectronic solutions. The company is also involved in the design and development of mini LED displays.
BOE Technology Group Co., Ltd. (BOE), headquartered in Beijing, China, is one of the leading IoT companies that provide professional services and intelligent interface products for human health and information interaction.
Other mini LED display market players include Innolux Corporation, Harvatek Corporation, Everlight Electronics Co., Ltd., Tianma Microelectronics Co., Ltd., and Epistar Corporation, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Technology |
|
Breakup by LED Type |
|
Breakup by Application |
|
Breakup by End-User |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Mini LED Display Market Analysis
8.1 Key Industry Highlights
8.2 Global Mini LED Display Historical Market (2018-2023)
8.3 Global Mini LED Display Market Forecast (2024-2032)
8.4 Global Mini LED Display Market by Technology
8.4.1 Mini Display
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Mini Lighting
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Mini LED Display Market by LED Type
8.5.1 Standard
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Low Current
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Ultra-high Current
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Mini LED Display Market by Application
8.6.1 Automotive Display
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Television
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Smartphone
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Notebook/Laptop
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Mini LED Display Market by End-User
8.7.1 Consumer Electronics
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.1.3 Breakup by Type
8.7.1.3.1 Mobile Phones
8.7.1.3.2 Laptops/Notebooks
8.7.1.3.3 Tablets
8.7.1.3.4 Television
8.7.1.3.5 Others
8.7.2 Automotive
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Others
8.8 Global Mini LED Display Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Mini LED Display Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Mini LED Display Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Mini LED Display Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Mini LED Display Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Mini LED Display Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Lextar Electronics Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 AUO Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 BOE Technology Group Co., Ltd. (BOE)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Innolux Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Harvatek Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Everlight Electronics Co., Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Tianma Microelectronics Co., Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Epistar Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Mini LED Display Market: Key Industry Highlights, 2018 and 2032
2. Global Mini LED Display Historical Market: Breakup by Application (USD Billion), 2018-2023
3. Global Mini LED Display Market Forecast: Breakup by Application (USD Billion), 2024-2032
4. Global Mini LED Display Historical Market: Breakup by End-User (USD Billion), 2018-2023
5. Global Mini LED Display Market Forecast: Breakup by End-User (USD Billion), 2024-2032
6. Global Mini LED Display Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Mini LED Display Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. Global Mini LED Display Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Mini LED Display Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Mini LED Display Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Mini LED Display Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Mini LED Display Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Mini LED Display Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Mini LED Display Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Mini LED Display Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Mini LED Display Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Mini LED Display Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Mini LED Display Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Mini LED Display Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Mini LED Display Market Structure
The market reached a value of approximately USD 0.21 billion in 2023.
The market is projected to grow at a CAGR of 58.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 17.50 billion by 2032.
The major market drivers include rising requirement by the automotive sector and availability of a wider product range by manufacturers.
The key trends fuelling the growth of the market include increased investments on customisation of mini LED displays and expansion of the gaming industry.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of mini LED displays include automotive display, television, smartphone, and notebook/ laptop, among others.
The key players in the market are Lextar Electronics Corporation, AUO Corporation, BOE Technology Group Co., Ltd. (BOE), Innolux Corporation, Harvatek Corporation, Everlight Electronics Co., Ltd., Tianma Microelectronics Co., Ltd., and Epistar Corporation, among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.