The Mini LED Market
January 16, 2020
Today, the layout of Mini LED manufacturers, whether in the backlight or display applications, Mini LED will expand with the market demand and reduce the cost of production, usher in a broader development situation.It is predicted that the market size of Mini LED application is expected to maintain a growth rate of around 175% from 2018 to 2020, and the market size of Mini LED will reach 2.2 billion yuan in 2020.Mini LED layout is hot, but most companies use it as a transitional technology, the ultimate goal is still to move closer to Micro LED.At present, apple, huawei, Google and other giants have been moved by the wind, through acquisition and other means, Micro LED has been heavily invested in research and development.
Industry insiders believe that Micro LED will penetrate smartwatch, large-size TV, VR/AR and other application fields successively.From 2020 to 2025, Micro LED market size is expected to maintain a growth rate of about 75%.By 2025, Micro LED's market size will reach 4.9 billion yuan.
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