Omdia: Mini LED Backlight LCD Display Market to Surpass OLED Displays in 2025

Samsung 110-inch MicroLED TV
(Image credit: Samsung)

LONDON—The latest Omdia Mini LED Backlight Market Tracker indicates that LCD TV displays equipped with mini-LED backlight units will hit 6.2 million units in 2024 and surpass the OLED TV display market for the first time in 2025 with 9.3 million units. 

The new Omdia report forecasts that Samsung Display and LG Display are forecasted to produce 6.8 million units of OLED TV displays in 2024, including both WOLED and QD OLED TV variants and reach 7.5 million units in 2025. 

Since 2022, the LCD TV display market with mini-LED backlight and quantum dot materials has experienced substantial growth. This expansion is driven by the continuous cost reductions through effective supply chain management of the mini-LED backlight and advancements in quantum dot materials. While OLED TV displays are celebrated for their infinite contrast ratio, exceptional color gamut and fast response times, the combined mini-LED backlight and quantum dot-equipped LCD TV display is now challenging OLED TV's dominance, the researchers said. 

The mini-LED backlight enhances dimming functions and HDR capabilities while quantum dots boost color gamut performance, leading LCD TV OEMs and panel makers to adopt both technologies to elevate their product specifications.

Samsung, LG Electronics, Sony, TCL and Hisense are all aiming for double digit growth in their mini-LED backlight TV display shipments in 2024 and 2025.

“OLED TV panels offer significant advantages in the high-end TV market, such as higher brightness, better environmental friendliness due to fewer components and materials, no halo effect on the screen since there is no mini-LED grouping for dimming zones, and a strongly established premium TV image among consumers," commented David Hsieh, senior research director in Omdia's Displays practice. 

“However, mini-LED backlights are now competitive in several aspects : a mature supply chain, the shift to larger LCD TV displays, the cost-effective 500-2,000 dimming zones, the production of super larger size like 85-inches and above, and ample capacity for LCD TV open cells,"  added Hsieh. 

"Therefore, there will be intense competition between mini-LED backlight LCD TVs and OLED TVs moving forward, which will help expand the high-end TV segment and align with the trends towards larger sizes," concluded Hsieh.

(Image credit: Omdia)
TOPICS
CATEGORIES
George Winslow

George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.

Read more
Show floor at CES 2025
5 TV Innovations on Display at CES 2025
RCA's 65-inch NextGen TV
RCA To Unveil 55-Inch, 65-Inch NextGen TVs at CES 2025
LG virtual production studio
LG Opens Its First Virtual Production Studio
Sharp TV Powered by TiVo
Sharp Smart TVs Powered by TiVo Launch in the U.S.
Xumo
CES: Sharp Selects Xumo for 2025 AQUOS QLED Smart TVs
woman watching connected TV
CTV: TV’s Latest Gold Rush
Latest in Products
VENICE Extension System Mini (CBK-3621XS), the latest addition to its CineAlta lineup.
Sony To Feature New VENICE Extension System Mini At 2025 NAB Show
Appear
NAB Show: Appear to Introduce VX Media Gateway
GatesAir
GatesAir to Debut ASTC 3.0 Modulator for LPTV at 2025 NAB Show
WPLG new studio
WPLG Selects Ikegami HDK-X500 Cameras For New Production Studio
Avid
Avid Discusses New Leadership, NAB Show Plans
F&F Productions new 2110 OB truck featuring Grass Valley technologies
F&F Productions Taps Grass Valley to Equip New Fully 2110 IP 4K OB Vehicle
Latest in News
Pixabay
DirecTV Joins IBCAP Anti-Piracy Group
LG
NBCU to Launch 40 FAST Channels on LG Channels
WNET Group logo
The WNET Group Names Dana Roberson GM, Thirteen and Production Operations
VENICE Extension System Mini (CBK-3621XS), the latest addition to its CineAlta lineup.
Sony To Feature New VENICE Extension System Mini At 2025 NAB Show
ESPN data on viewing of women's basketball, second highest
ESPN Platforms Scores Strong Ratings for NCAA Women’s Tournament
Appear
NAB Show: Appear to Introduce VX Media Gateway