DSCC: MiniLED display is growing steadily, with Apple accounting for more than 70% of the market share in the third quarter

On November 11, DSCC released a report stating that in the third quarter of 2022, MiniLED backlight shipments reached 5.1 million units, a 30% month-on-month increase and a year-on-year increase of 158%.

The report points out that Apple continues to dominate Mini LED shipments. iPad shipments were 1.4 million units, and MacBook shipments were 2 million units. Apple's MiniLED shipments account for more than 70% of the total MiniLED products.

DSCC says it expects to see the same before 2025 due to plans for OLED adoption in post-2024 iPads and post-2025 MacBooks. Looking ahead, DSCC expects:

Mini LED panel shipments across all applications will be 9.8 million units in 2021, and are expected to reach 37 million units in 2026.

Highest year-over-year growth will be 88% in 2022, falling to 17% in 2026.

Notebooks will be the main driver of MiniLED growth until 2026.

12.9-inch iPad Pro and 14-inch/16-inch MacBook Pro It will maintain a large contribution to MiniLED tablet and notebook shipments until 2025.

OLED will be available in iPads in 2024 and MacBook Pros in 2025. This will have a big impact on MiniLED.

Samsung, LG and major Chinese TV brands continue to bring MiniLED TVs to market. This will push TV to become the largest application for MiniLED shipments after 2026.

In addition to IT and TV displays, MiniLED is beginning to penetrate into more applications, such as AR/VR, automotive, medical, etc.