Market research agency Luotu Technology shared their findings at the UBI research conference held in Seoul, South Korea. The agency predicts that theAccording to the research data, this year’s shipments of MiniLED TVs will be 6.8 million units, which is 0.4 million higher than the predicted OLED TV shipment for 2024. Notably, MiniLED TV shipments are catching up with OLED in the last few years.
Researcher Melissa Wang noted that OLED TV shipments decreased by 20.6% year-on-year in 2023, while MiniLED shipments saw a growth of 24.7% year-on-year for the same period. The shipment figures for OLED and MiniLED TVs last year were 5.48 AND 4.25 million units respectively.As you can see from the data, MiniLED TVs are expected to get more and more popular.
Currently, the MiniLED TV market is led by Samsung Electronics, TCL, and Hisense, While the OLED TV market is led by LG,. The Elec notes that TV shipments from Samsung Electronics will play a crucial role in shaping the future market share.
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