Published August 2023 | 252 pages, 135 figures, 49 tables | Download table of contents
Mini-LED and Micro-LED Displays - Next Generation Display Technology Offering Higher Resolution, Contrast and Energy Efficiency
Mini-LED and Micro-LED displays represent an advanced evolution of LED display technology, providing significant improvements in visual performance, energy efficiency and flexibility.
With sizes less than 100 microns, Micro-LEDs enable ultra-high resolution and brightness owing to their small form factor.
Mini-LEDs are larger than Micro-LEDs but still smaller than conventional LEDs, offering enhanced features at lower cost.
Key Benefits
- Ultra-high resolution and clarity
- Greatly improved contrast and colors
- Higher energy efficiency - up to 70% less power consumption
- Longer lifespan due to lower heat dissipation
- Thinner, flexible and transparent displays
Mini-LED and Micro-LED adoption is rising rapidly in products from phones to TVs, wearables, laptops, and automotive displays.
Apple, Samsung, Sony, LG and others already utilize this next-gen technology. Emerging applications include AR/VR displays, smartwatches, and transparent displays.
Mini-LED and Micro-LED Market Drivers
- Increasing demand for higher resolution displays
- Need for energy efficiency in electronics
- Flexible display demand in wearables and foldables
- Declining manufacturing costs expanding adoption
Challenges
- Production scaling
- Yield and defect minimization
- Integration and interconnects
- Cost reduction
Continued R&D and manufacturing improvements will enable mass market growth. Mini-LEDs also offer a midpoint until Micro-LEDs mature.
Mini-LED and Micro-LED Industry Outlook
The global market will witness robust expansion as the technology penetrates leading consumer and industrial displays.
Key growth factors:
- Adoption in smartphones, TVs, laptops, automotive
- Next-gen display demand in AR/VR, wearables, flexible devices
- Advances in manufacturing, transfer and interconnect
- Improved yields and cost reductions
Mini-LED and Micro-LEDs represent the display technology of the future, enabling unmatched visual performance along with sustainability benefits. Ongoing innovation will drive broad mainstream adoption.
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1 REPORT AIMS AND OBJECTIVES 19
2 EXECUTIVE SUMMARY 20
- 2.1 The Mini-LED market 20
- 2.2 The Micro-LED market 20
- 2.3 The global display market 22
- 2.3.1 Display technologies assessment 24
- 2.4 Benefits of Mini- and Micro-LEDs 26
- 2.5 Mini- and Micro-LEDs applications 27
- 2.6 Market and technology challenges 30
- 2.7 Industry developments 2020-2023 32
- 2.8 Recent mini- & micro-LED display innovations 37
- 2.9 Market activity in China 41
- 2.10 Global shipment forecasts for Mini-LEDs and Micro-LEDs to 2034 42
- 2.10.1 Mini-LEDs 42
- 2.10.1.1 Units 42
- 2.10.1.2 Revenues 44
- 2.10.2 Micro-LEDs 44
- 2.10.2.1 Units 44
- 2.10.2.2 Revenues 47
- 2.10.1 Mini-LEDs 42
3 TECHNOLOGY ANALYSIS 48
- 3.1 Mini-LED (mLED) vs Micro-LED (µLED) 48
- 3.1.1 Display configurations 48
- 3.2 Mini-LED displays 49
- 3.2.1 Comparison to LCD and OLED 50
- 3.2.2 Advantages and disadvantages 51
- 3.2.3 Backplane types 52
- 3.2.4 Costs 54
- 3.2.5 High dynamic range Mini-LED displays 55
- 3.2.6 Quantum dot films for Mini-LED displays 55
- 3.2.7 Perovskite colour enhancement film in Mini-LEDs 56
- 3.2.8 Market map 57
- 3.2.9 Market adoption roadmap 57
- 3.3 Micro-LED displays 58
- 3.3.1 Development 58
- 3.3.1.1 Sony 58
- 3.3.2 Types 59
- 3.3.3 Production 60
- 3.3.3.1 Integration 60
- 3.3.3.2 Transfer technologies 62
- 3.3.4 Comparison to LCD and OLED 65
- 3.3.5 Micro-LED display specifications 66
- 3.3.6 Advantages 67
- 3.3.6.1 Transparency 68
- 3.3.6.2 Borderless 69
- 3.3.6.3 Flexibility 70
- 3.3.7 Tiled microLED displays 70
- 3.3.8 Costs 70
- 3.3.9 Manufacturing 71
- 3.3.9.1 Epitaxy and Chip Processing 71
- 3.3.9.1.1 Uniformity 72
- 3.3.9.2 Assembly Technologies 73
- 3.3.9.2.1 Monolithic fabrication of micro displays 73
- 3.3.9.2.2 Mass transfer 74
- 3.3.9.2.3 Mass Transfer Processes 75
- 3.3.9.2.3.1 Elastomer Stamp Transfer 77
- 3.3.9.2.3.2 Roll-to-Roll or Roll-to-Panel Imprinting 78
- 3.3.9.2.3.3 Laser-induced forward transfer (LIFT) 79
- 3.3.9.2.3.4 Electrostatic Transfer 80
- 3.3.9.2.3.5 Micro vacuum-based transfer 81
- 3.3.9.2.3.6 Adhesive Stamp 81
- 3.3.9.2.3.7 Fluidically Self-Assembled Transfer 81
- 3.3.9.3 Full colour conversion 82
- 3.3.9.3.1 Phosphor Colour Conversion LEDs 83
- 3.3.9.3.2 Quantum dots colour conversion 84
- 3.3.9.1 Epitaxy and Chip Processing 71
- 3.3.10 Market map 85
- 3.3.11 Market adoption roadmap 85
- 3.3.1 Development 58
4 THE GLOBAL MARKET FOR MINI- AND MICRO-LEDs 86
- 4.1 Consumer electronic display market 86
- 4.1.1 Mini-LED Quantum Dot TV 88
- 4.1.2 Products 89
- 4.2 Smartwatches and wearables 91
- 4.2.1 Apple’s planned microLED smartwatch 92
- 4.2.2 Samsung 92
- 4.3 Smartphones 93
- 4.4 Samsung 93
- 4.4.1 Wall display 93
- 4.4.2 Neo QLED TV range 94
- 4.4.3 MicroLED CX TV line-up 95
- 4.5 LG 96
- 4.5.1 LG mini QNED range 96
- 4.5.2 MAGNIT Micro-LED TV 96
- 4.5.3 Stretchable 12" microLED touch displays 97
- 4.6 TCL CSOT 98
- 4.6.1 8 Series and 6 Series 98
- 4.6.2 Micro-LED displays 99
- 4.7 Laptops, monitors and tablets 99
- 4.7.1 Mini-LED 99
- 4.7.2 Mini-LED and Micro-LED laptop, monitor and tablet products and prototypes 101
5 FLEXIBLE, STRETCHABLE AND FOLDABLE MICRO-LED 108
- 5.1 The global foldable display market 110
- 5.2 Foldable Micro-LED displays 110
- 5.3 Product developers 111
6 BIOTECH AND MEDICAL DISPLAYS 112
- 6.1 The global medical display market 112
- 6.2 Micro-LEDS 112
- 6.2.1 Micro-LEDs for medical applications 112
- 6.2.1.1 Implantable Devices 112
- 6.2.1.2 Lab-on-a-Chip 113
- 6.2.1.3 Endoscopy 113
- 6.2.1.4 Surgical Displays 114
- 6.2.1.5 Phototherapy 114
- 6.2.1.6 Biosensing 115
- 6.2.1 Micro-LEDs for medical applications 112
- 6.3 Product developers 116
7 AUTOMOTIVE 117
- 7.1 Global automotive displays market 117
- 7.2 Mini-LED 118
- 7.2.1 Dashboard Displays 118
- 7.2.2 Head-Up Displays (HUDs) 119
- 7.2.3 Digital Instrument Clusters 119
- 7.2.4 Ambient Lighting 120
- 7.2.5 Exterior Lighting 120
- 7.3 Micro-LEDs 121
- 7.3.1 Head-up display (HUD) 123
- 7.3.2 Headlamps 124
- 7.4 Product developers 125
8 VIRTUAL REALITY (VR), AUGMENTED REALITY (AR) AND MIXED REALITY (MR) 127
- 8.1 Global market for virtual reality (VR), augmented reality (AR), and mixed reality (MR) 127
- 8.2 Mini-LEDs 127
- 8.3 Micro-LEDs 128
- 8.3.1 AR/VR Smart glasses and head-mounted displays (HMDs) 129
- 8.3.2 Micro-LED contact lenses 129
- 8.3.3 Products and prototypes 130
9 TRANSPARENT DISPLAYS 134
- 9.1 Global transparent displays market 134
- 9.2 Mini-LED and Micro-LED transparent displays applications 134
- 9.3 Product developers 137
10 SUPPLY CHAINS 139
- 10.1 Mini-LEDs 139
- 10.2 Micro-LEDs 140
11 COMPANY PROFILES 143 (92 company profiles)
12 REFERENCES 246
List of Tables
- Table 1. Announced Micro-LED fabs. 22
- Table 2. Summary of display technologies. 24
- Table 3. Mini- and Micro-LED applications. 27
- Table 4. Micro-LED applications. 28
- Table 5. Market and technology challenges for mini- and micro-LED. 30
- Table 6. Micro- and Micro-LED industry developments 2020-2023. 32
- Table 7. Mini- and micro-LED product announcements at CES 2021. 37
- Table 8. Mini- and micro-LED product announcements at CES 2022 and Display Week 2022. 38
- Table 9. Mini- and micro-LED product announcements at CES 2023 and Display Week 2023. 39
- Table 10. Mini- and micro-LED activity in China. 41
- Table 11. Mini-LEDs backlights global market 2020-2034, by market (Million units). 42
- Table 12. Global Micro-LED display market (thousands of units) 2020-2034. 44
- Table 13. Comparison between mini-LED and micro-LED. 49
- Table 14. Comparison between Mini-LED displays and other display types. 50
- Table 15. Advantages and disadvantages of Mini-LEDs. 51
- Table 16. Comparison of AM and PM driving. 52
- Table 17. Micro-LED backlight costs. 55
- Table 18. Comparison to conventional LEDs. 59
- Table 19. Types of Micro-LED. 59
- Table 20. Summary of monolithic integration, monolithic hybrid integration (flip-chip/wafer bonding), and mass transfer technologies. 61
- Table 21. Summary of different mass transfer technologies. 62
- Table 22. Micro-LED Comparison to LCD and OLED. 65
- Table 23. Schematic comparison to LCD and OLED. 66
- Table 24. Commercially available Micro-LED products and specifications. 66
- Table 25. Micro-LED-based display advantages and disadvantages. 68
- Table 26. Mass transfer methods, by company. 75
- Table 27. Comparison of various mass transfer technologies. 75
- Table 28. Comparison of LED TV technologies. 86
- Table 29. Mini-LED and Micro-LED TVs launched 2022-2023. 87
- Table 30. Mini-LED and Micro-LED TV products. 89
- Table 31. Samsung Neo QLED TV range. 95
- Table 32. LG mini QNED range 96
- Table 33.TCL range of Mini-LED TVs. 98
- Table 34. Mini-LED and Micro-LED laptop, monitor and tablet products and prototypes. 101
- Table 35. Flexible, stretchable and foldable Mini-LED and Micro-LED products. 111
- Table 36. Medical display Mini-LED and Micro-LED products. 116
- Table 37. Automotive display & backlight architectures 117
- Table 38. Applications of Micro-LED in automotive. 122
- Table 39. Automotive display Mini-LED and Micro-LED products. 125
- Table 40. Comparison of AR Display Light Engines. 128
- Table 41. Micro-LED based smart glass products. 130
- Table 42. Applications of Mini-LED and Micro-LED transparent displays. 134
- Table 43. Companies developing Micro-LED transparent displays. 137
- Table 44. Micro-LED supply chain. 140
- Table 45. LG mini QNED range 189
- Table 46. Samsung Neo QLED TV range. 217
- Table 47. San’an Mini and Micro LED Production annual target. 218
- Table 48. NPQDTM vs Traditional QD based Micro-LEDs. 220
- Table 49. TCL Mini-LED product range. 230
List of Figures
- Figure 1. Blue GaN Micro-LED arrays with 3um pixel pitch use polychromatic quantum dot integration to achieve full colour AR displays. 21
- Figure 2. The progress of display technology, from LCD to Micro-LED. 26
- Figure 3. Video wall. 27
- Figure 4. Automotive dashboard display. 27
- Figure 5. Public advertising displays. 28
- Figure 6. Wearable biomedical devices. 28
- Figure 7. Head-up displays (HUD). 29
- Figure 8. Pico-projectors. 29
- Figure 9. Mojo Vision's 300-mm GaN-on-silicon blue LED wafer for microLED displays. 40
- Figure 10. Global Mini-LED display gmarket 2020-2034, by market (Million units). 43
- Figure 11. Global Mini-LED display market 2020-2034, by market (Million USD). 44
- Figure 12. Global Micro-LED display market (thousands of units) 2020-2034. 46
- Figure 13. Global Micro-LED display market 2020-2034, by market (Million USD). 47
- Figure 14. Display system configurations. 49
- Figure 15. Schematic of LCD with Micro-LED backlight. 50
- Figure 16. Schematic for configuration of full colour Micro-LED display 51
- Figure 17. BOE glass-based backplane process. 53
- Figure 18. MSI curved quantum dot Mini-LED display. 56
- Figure 19. Nanolumi Chameleon® G Film in LED/LCD Monitor. 56
- Figure 20. Market map for Mini-LED displays. 57
- Figure 21. Market adoption roadmap for microLED displays. 58
- Figure 22. Micro-LED schematic. 58
- Figure 23. Pixels per inch roadmap of µ-LED displays from 2007 to 2019. 60
- Figure 24. Mass transfer for µLED chips. 62
- Figure 25. Schematic diagram of mass transfer technologies. 64
- Figure 26. Comparison of Micro-LED with other display technologies. 67
- Figure 27. Lextar 10.6 inch transparent Micro-LED display. 69
- Figure 28. Transition to borderless design. 69
- Figure 29. Schematics of a elastomer stamping, b electrostatic/electromagnetic transfer, c laser-assisted transfer and d fluid self-assembly. 77
- Figure 30. Schematics of Roll-based mass transfer. 79
- Figure 31. Schematic of laser-induced forward transfer technology. 80
- Figure 32. Schematic of fluid self-assembly technology. 82
- Figure 33. Schematic of colour conversion technology. 82
- Figure 34. Process flow of a full-colour micro display. 83
- Figure 35. Market map for Micro-LED displays. 85
- Figure 36. Market adoption roadmap for microLED displays. 85
- Figure 37. LG QNED Mini-LED TV. 88
- Figure 38. Micro-LED wearable display prototype. 91
- Figure 39. APHAEA Watch. 92
- Figure 40. Samsung Wall display system. 94
- Figure 41. Samsung Neo QLED 8K. 95
- Figure 42. Samsung Electronics 89-inch microLED TV. 96
- Figure 43. MAGNIT Micro-LED TV. 97
- Figure 44. Stretchable 12" microLED touch displays. 98
- Figure 45. AUO AmLED. 100
- Figure 46. laptop ROG Zephyrus Duo 16. 101
- Figure 47. Acer Predator X32 Mini-LED Gaming Monitor. 101
- Figure 48. Acer EI491CRG9 curved Mini-LED display. 102
- Figure 49. AOC 27-inch Mini LED-backlit gaming monitor AG2740GM. 102
- Figure 50. 12.9-inch iPad Pro. 103
- Figure 51. Apple Pro Display XDR. 103
- Figure 52. Asus ProArt PA32UCX. 103
- Figure 53. ROG Swift PG32UQXE. 104
- Figure 54. Lenovo ThinkVision Creator Extreme P27. 105
- Figure 55. Creator 17 gaming laptop. 106
- Figure 56. Samsung Odyssey G9 Neo gaming monitor. 107
- Figure 57. AU Optonics Flexible Micro-LED Display. 108
- Figure 58. Schematic of the TALT technique for wafer-level Micro-LED transferring. 109
- Figure 59. 55” flexible AM panel. 109
- Figure 60. Foldable 4K C SEED M1. 110
- Figure 61. Micro-LEDs for medical applications 115
- Figure 62. 2023 Cadillac Lyriq EV incorporating mini-LED display. 118
- Figure 63. Micro-LED automotive display. 121
- Figure 64. Issues in current commercial automotive HUD. 124
- Figure 65. Rear lamp utilizing flexible Micro-LEDs. 125
- Figure 66. Mojo Vision smart contact lens with an embedded Micro-LED display. 130
- Figure 67. Cellid AR glasses, Exploded version. 130
- Figure 68. Air Glass. 131
- Figure 69. Panasonic MeganeX. 131
- Figure 70. Thunderbird Smart Glasses Pioneer Edition. 132
- Figure 71. RayNeo X2. 132
- Figure 72. tooz technologies smart glasses. 133
- Figure 73. Vuzix Micro-LED micro display Smart Glasses. 133
- Figure 74. Leopard demo glasses by WaveOptics. 133
- Figure 75. Different transparent displays and transmittance limitations. 135
- Figure 76. 7.56" high transparency & frameless Micro-LED display. 136
- Figure 77. AUO's 13.5-inch transparent RGB microLED display. 136
- Figure 78. 17.3-inch transparent microLED AI display in a Taiwan Ferry. 137
- Figure 79. Supply Chain of Mini-LED Backlight. 139
- Figure 80. WireLED in 12” Silicon Wafer. 144
- Figure 81. Typical GaN-on-Si LED structure. 145
- Figure 82. 300 mm GaN-on-silicon epiwafer. 146
- Figure 83. Micro-LED chiplet architecture. 147
- Figure 84. Concept Apple Vr Ar Mixed Reality Headset. 148
- Figure 85. 1.39-inch full-circle Micro-LED display 149
- Figure 86. 9.4" flexible Micro-LED display. 150
- Figure 87. BOE Mini-LED display TV. 152
- Figure 88. BOE Mini-LED automotive display. 152
- Figure 89. Image obtained on a blue active-matrix WVGA (wide video graphics array) micro display. 154
- Figure 90. Fabrication of the 10-µm pixel pitch LED array on sapphire. 155
- Figure 91. A 200-mm wafer with CMOS active matrices for GaN 873 × 500-pixel micro display at 10-µm pitch. 155
- Figure 92. IntelliPix™ design for 0.26″ 1080p Micro-LED display. 157
- Figure 93. C Seed 165-inch M1 Micro-LED TV. 159
- Figure 94. N1 folding Micro-LED TV. 160
- Figure 95. C Seed outdoor TV. 160
- Figure 96. Focally Universe AR glasses. 166
- Figure 97. Flexible Micro-LED. 175
- Figure 98. Jade Bird Display micro displays. 178
- Figure 99. JBD's 0.13-inch panel. 178
- Figure 100. 0.22” Monolithic full colour Micro-LED panel and inset shows a conceptual monolithic polychrome projector with a waveguide. 179
- Figure 101. Prototype Micro-LED display. 180
- Figure 102. APHAEA Micro-LED watch. 181
- Figure 103. Lextar 2021 micro LED and mini LED products. 187
- Figure 104. LSAB009 Micro-LED display. 189
- Figure 105. LG MAGNIT 4K 136-inch TV. 190
- Figure 106. 12" 100 PPI full-color stretchable microLED display. 190
- Figure 107. Schematic of Micro Nitride chip architecture. 194
- Figure 108. Nationstar Mini LED IMD Package P0.5mm. 199
- Figure 109. 55” flexible AM panel. 202
- Figure 110. 9.4" flexible Micro-LED display. 203
- Figure 111. 7.56-inch transparent Micro LED display. 204
- Figure 112. PixeLED Matrix Modular Micro-LED Display in 132-inch. 204
- Figure 113. Dashboard - 11.6-inch 24:9 Automotive Micro-LED Display. 205
- Figure 114. Center Console - 9.38-inch Transparent Micro-LED Display. 205
- Figure 115. 48 x 36 Passive Matrix Micro-LED display. 207
- Figure 116. Micro-LED micro display based on a native red InGaN LED. 208
- Figure 117. Micro-LED stretchable display. 214
- Figure 118. The Wall. 216
- Figure 119. Samsung Neo QLED 8K. 217
- Figure 120. NPQD™ Technology for Micro-LEDs. 219
- Figure 121. Wicop technology. 222
- Figure 122. B-Series and C-Series displays. 227
- Figure 123. A micro-display with a stacked-RGB pixel array, where each pixel is an RGB-emitting stacked Micro-LED device (left). The micro-display showing a video of fireworks at night, demonstrating the full-colour capability (right). N.B. Areas around the display/ 229
- Figure 124. TCL Mini-LED TV schematic. 230
- Figure 125. TCL 8K Mini-LED TV. 231
- Figure 126. The Cinema Wall Micro-LED display. 231
- Figure 127. Photo-polymer mass transfer process. 233
- Figure 128. 7.56” Transparent Display. 234
- Figure 129. 7.56" Flexible Micro-LED. 235
- Figure 130. 5.04" seamless splicing Micro LED. 235
- Figure 131. 7.56" Transparent Micro LED. 236
- Figure 132. UMini0.9 4K. 237
- Figure 133. VueReal Flipchip Micro-LED (30x15 um2). 241
- Figure 134. Vuzix uLED display engine. 242
- Figure 135. Mi TV Master series. 244
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