MiniLED is gradually expanding the market in two major application areas: direct display and backlight.

MiniLED is an emerging display technology that uses tiny LED backlights to provide high brightness, high contrast, and high color performance. Compared with traditional LCD display technology, MiniLED has smaller LED beads, which can achieve finer local dimming, provide better black performance and higher dynamic range. At the same time, MiniLED display also has lower power consumption and longer service life.

Compared with OLED display technology, MiniLED has obvious advantages in cost and reliability. Due to the use of inorganic materials, MiniLED can avoid the burn-in and life limit problems that OLED displays may encounter. In addition, MiniLED can also provide higher peak brightness and better HDR effects. Compared with traditional LCD display technology, MiniLED performs better in contrast and black performance. Its local dimming function can achieve deeper black and higher contrast, making the image more vivid and realistic. In addition, MiniLED has a faster response speed, which effectively reduces motion blur.

Overall, traditional LCD and LED display technologies occupy a mainstream position in various indoor and outdoor application scenarios due to their low cost and mature technology. However, with the continuous technological breakthroughs and innovations in chip miniaturization, mass transfer, detection and repair, the new generation of small-pitch LED and Mini/MicroLED display technologies are becoming increasingly mature, and have become strong competitors in various application scenarios with their unique advantages. MiniLED is gradually expanding the market in the two major application areas of direct display and backlight. At the same time, as consumers' requirements for screen size in the home color TV market continue to increase, Mini/MicroLED technology is expected to quietly enter the consumer market era.

LED display packaging technology mainly includes SMD (Surface Mounted Device), IMD (Integrated Matrix Device), COB (Chip On Board) and other technical routes. The cost reduction of packaging technology helps to reduce product prices, thereby opening up the market. When considering cost reduction factors, supply chain manufacturers will promote the upgrading of technical routes and the expansion of production capacity, and this expansion speed will in turn act on the scale effect, further promoting cost reduction. In terms of material costs, the space for cost reduction mainly comes from LED light sources, PCB substrates, driver ICs and auxiliary materials. The LED industry continues to make progress in display packaging technology and cost reduction processes, and gradually develops towards systematization, standardization and scale.

The MiniLED display market is showing strong growth momentum. According to statistics from third-party research institutions, the application areas below P1.0 mainly include government monitoring command centers, high-end commercial scenarios, high-end cinemas, etc. Since MiniLED displays have weak granularity when viewed at close range, as the cost of displays decreases year by year in the future, MiniLED displays are expected to open up the conference all-in-one and consumer markets. According to GGII, the global MiniLED market size will reach US$5.3 billion by 2025, with an annual compound growth rate of more than 85%.

With the maturity and commercialization of MiniLED technology, the market size is expected to expand rapidly. Especially in the high-end TV and display market, MiniLED display technology is seen as a viable alternative and is expected to replace traditional LCD and LCD TVs. Consumer demand for high-quality images and better visual experience has driven the growth in demand for MiniLED displays. In addition, the application of MiniLED in automotive display systems also shows great potential. With the continuous upgrading of automotive electronic systems and the improvement of intelligence levels, the demand for MiniLED displays in in-vehicle infotainment and driver assistance systems will grow rapidly.

At the same time, the MiniLED display market has broad prospects and huge business opportunities. With the further maturity of technology and the reduction of costs, MiniLED is expected to be rapidly popularized in various application fields and bring users a better visual experience.

Driven by technological innovation, the production efficiency and yield of MiniLED display technology are also constantly improving, further reducing production costs and increasing its competitiveness in the market. With the gradual improvement of the industrial chain and the emergence of synergy effects in various links, the price of MiniLED products will be more affordable and market acceptance will increase accordingly. In addition, MiniLED also performs well in environmental protection. The inorganic materials used are easier to recycle and process, which is in line with the current development trend of green environmental protection.

In terms of application scenarios, MiniLED display technology not only performs well in the high-end market, but also gradually penetrates into the mid- and low-end markets. Its high brightness, high contrast and high color performance make MiniLED display screens also show broad application prospects in outdoor advertising, stage rental, virtual reality and other fields. Especially in the field of outdoor advertising, MiniLED display screens can still maintain clear and visible display effects in strong light environments, greatly enhancing the attractiveness and communication effect of advertising.

At the same time, MiniLED display technology is also constantly integrating with other emerging technologies, such as 5G, AI and other technologies, which will bring users a more intelligent display experience. For example, through the high-speed transmission of 5G network, MiniLED display screens can achieve remote real-time control and content updates, greatly improving the convenience and flexibility of use. The combination with AI technology can realize intelligent content optimization and display effect adjustment, further enhancing the user's visual enjoyment. Overall, MiniLED display technology is gradually becoming the new favorite of the display industry with its excellent performance and broad application prospects. With the continuous advancement of technology and the gradual development of the market, MiniLED is expected to achieve large-scale application in the next few years and become a key force in promoting the development of the display industry.