Mini/Micro LED as a new generation of core display technology, with high display effect, low power consumption, high integration, high technology life and other excellent characteristics, according to Million Insights is expected to reach $5.9 billion in 2025 global Mini LED market size, 2019-2025 CAGR of 86.6%; according to IHS forecasts, the Global Micro LED display shipments will reach 15.5 million units in 2026, with a CAGR of 99%.
The Mini/Micro LED market is vast and will have a profound impact on the LED industry and the semiconductor display industry landscape. Based on LED display, LCD and OLED display, China's Mini/Micro LED display technology has a more complete industry chain layout, is currently a major track for many companies to vigorously invest in research and development production to achieve a strong display country.