Report says MiniLED TV shipments will surpass OLED TVs for the first time this year

According to news from this site on April 1, according to Korean media The Elec, research and consulting agency Luotu Technology stated at the UBI research conference held in South Korea on March 29, MiniLED TV shipments will surpass OLED TVs this year.

According to report data, OLED TV shipments dropped 20.6% year-on-year in 2023, totaling 5.48 million units; while MiniLED TVs recorded a 24.7% growth, achieving 4.25 million unit shipments.

This year, although OLED TV shipments will resume growth, with shipments reaching 6.4 million units; MiniLED TV shipments will further increase to 6.8 million units, surpassing OLED TVs for the first time .

Luotu Technology also gave a mid-term estimate of high-end TV market shipments by 2028. This site summarizes it as follows: (unit is 10,000 units)

##MiniLED TVOLED TV2021 Year2306502022 Year3406902023425548202468064020251020710202616407602027216081020282550850Referring to this table, MiniLED TV will grow rapidly,

by 2028 with an average annual growth rate of about one in 2023 Shipments ; However, in terms of OLED TVs, growth is relatively slow, and the comprehensive capacity utilization rate is estimated to be only 70% by 2028.

In addition, in the overall TV market, shipments will steadily increase slightly in the next few years, from 206 million units this year to 225 million units in 2028,

an average annual increase of 2%~3 %.

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