Mini-LED is an emerging form of backlight for big-screen TVs often linked to potentially improved dimming and HDR performance, which might thus boost another breakthrough technology: quantum-dot LED (QLED).
Accordingly, the combination is now projected to achieve 6.2 million unit shipments by the end of 2024, according to a recent Market Tracker released by Omdia - however, they would still be beaten by OLED (QD-OLED and WOLED variants included) with 6.8 million.
Fast forward to 2025, however, and things might be different. Mini-LED/QLED with mini-LED shipments might rise to a combined ~9.3 million units, compared to 7.5 million for OLED. Then again, the latter might still have the edge in terms of cost-effectiveness, better dark tones and, of course, reduced thickness as they do not need a backlight to begin with.
Nevertheless, Omdia asserts that big players Hisense, Sony, TCL, LG and Samsung are all gunning for "double digit growth" in their mini-LED-lit TV shipments, and are prepared to produce bigger screens in larger numbers to make that happen.
In any case, cutting-edge technologies such as quantum-dot, OLED and mini-LED might make the conventional LCD TV seem like a thing of the past - nevertheless, those "standard" units still dominate the market with 227.4 million units shipped in Omdia's latest report.
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