A new report has revealed that the MiniLED TVs will soon be leading the high end TV market by the year 2025. This would have it beat the current leader, OLED TVs, within the next couple of years.
According to TheElec, a UBI Research report found that China’s TCL will lead the development of MiniLED TVs, although, the market will be led by industry giants like Samsung and LG. The report also adds that after 2024, MiniLED TVs would have essentially overtaken the OLED TVs in terms of market share. For those unaware, MiniLED TVs is an LCD (liquid crystal display) panel that uses micrometer sized LEDs as the backlighting alongside the addition of a quantum dot film.
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This leads to an increase in the color gamut range, along with dynamic range advantages as well, in comparison to traditional LCD TVs that are currently available in the market. These TVs can also have up to 3000 local dimming zones, which increases the overall contrast ratio of the panel while also reducing the halo effect. As per the UBI Research report, MiniLED display needs to have as many local dimming zones as the number of pixels to match OLED panel’s performance. However, the size reduction of the LEDs will only allow for 1000 to 3000 dimming zones.
The report also believes that within this year, around 2.5 million MiniLED TVs will be shipped. Notably, the technology behind this technology is expensive with each MiniLED backlight costing anywhere between 250 to 1,100 US Dollars for a 65 inch panel. Meaning, an average MiniLED TV can cost anywhere between 1,500 to 6,000 US Dollars, depending on the size and the number of dimming zones offered by a company as well.
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