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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Using a smaller LED chip to generate the same brightness as a larger chip, the most recent advancement in TV displays is referred to as "Mini LED." Since the illumination levels can be adjusted more precisely thanks to the miniaturised design, it may be used for both domestic and industrial lighting applications.
The chip's reduced size makes it possible to pack more LEDs onto it, increasing the quantity of light that each component produces. Through lessening the amount of material utilised during production, this also enables producers to cut expenses.
The Global Mini LED backlight market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The growing demand for Mini LED chips will be met by Taiwanese and Chinese firms due to Samsung's launch of Mini LED backlit TVs. In order to get out of the low price competition, the Korean behemoth wants to increase the supply of high end TV goods based on a variety of display technologies by ceasing to produce LCD displays.
Samsung may also produce additional TV models based on Mini LED backlight technology in addition to the "The Wall" TV launch that is scheduled for the North American and European markets.
To meet the growing demand for Mini LED chips, Samsung has been in contact with chip manufacturers such as Epistar, Lextar, Sanan, and HC Semitek. More than 12 thousand Mini LED chips are typically used in a 65-inch 8K TV with Mini LED backlight, while more than 20 thousand chips are needed for an 85-inch TV.
To launch a Mini LED backlit TV next year, Samsung must address the issue of transferring yield in addition to the demand for Mini LED chips.
Samsung may employ COB (chip on board) technology with a passive matrix driver strategy, it was disclosed. Demand for driver ICs and PCB backplane is also projected to increase as a result of this Mini LED backlit TV project.
Mini LED and Micro LED, two cutting-edge display technologies, have recently demonstrated their merits, and top companies like Apple and Samsung are preparing to introduce new products based on them.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introdauction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in theIndustry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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