China's Display Industry Leads the Way: The MLED Market Breaks through $100 Billion, and Local Manufacturers Accelerate Technological Breakthroughs

In 2025, the global display industry witnessed a landmark breakthrough - the terminal market scale of MLED (Mini/Micro LED) exceeded $100 billion for the first time, reaching $105.9 billion, with a year - on - year growth rate as high as 95.9%. 

This data not only marks the entry of display technology into a new round of explosive growth but also highlights the dominant position of Chinese display manufacturers in the global industrial chain. From the integration of LCD production capacity to the innovation of MLED technology, Chinese manufacturers are reshaping the industry pattern with their full - industrial - chain advantages.

MLED Technology Drives Market Growth, with Mini - LED Backlight as the Core Engine

The core driving force for market growth comes from the rapid popularization of Mini - LED backlight technology. In 2024, the global shipment volume of Mini - LED TVs reached 7.85 million units, with a year - on - year growth of 84.7%. Its characteristics of high contrast and low energy consumption have enabled it to quickly replace traditional LCD and OLED technologies in the high - end TV market. Chinese manufacturers represented by TCL Huaxing and BOE have deeply integrated Mini - LED backlight modules with LCD panels, not only achieving domestic substitution but also seizing global market share with cost advantages. For example, through the acquisition of LGD's 8.5 - generation line in Guangzhou, TCL Huaxing has further consolidated its production capacity advantage in the large - size LCD field and, in collaboration with IPS technology, enhanced product performance.

Meanwhile, Micro - LED technology is gradually moving from the laboratory to commercialization. Enterprises such as Chenxian Optoelectronics have achieved a breakthrough in the mass production of TFT - based Micro - LED, providing technical support for emerging scenarios such as virtual shooting and in - vehicle display. Samsung recently deployed a 105 - square - meter LED film stage in the UK, which adopts a similar technology. Chinese manufacturers have also completed 28 projects in the field of LED film screens, demonstrating the potential of technological applications.

Centralization of LCD Production Capacity, with Chinese Manufacturers Dominating Global Supply

Despite the rise of MLED technology, LCD remains the mainstay in the large - size display market. In 2025, the global shipment volume of LCD TV panels is expected to be 239 million units, among which the market share of China's top three panel manufacturers (BOE, TCL Huaxing, and HKC) has climbed to 66%. Through mergers, acquisitions, and integration, TCL Huaxing has incorporated the LGD Guangzhou factory into its production capacity system, forming a full - generation layout covering 6 - generation to 10.5 - generation lines. Its global large - generation line production capacity area share has jumped to 22.9%, further strengthening its bargaining power and supply chain stability.

In the segmented fields, Chinese liquid crystal display manufacturers continue to delve into innovation. For example, CNK Electronics, a display touch screen manufacturer, specializes in producing small - and medium - size display modules. Its products cover monochrome LCD, TFT modules, and OLED display solutions, which are widely used in fields such as in - vehicle, medical, and smart home. It has established long - term cooperation with leading enterprises such as Haier and Desai. CNK's technical accumulation and quality control system (such as IATF16949 certification) have set an industry benchmark for the high cost - performance and reliability of Chinese liquid crystal displays.

Industrial Chain Collaboration and Future Challenges

The rise of China's display industry is inseparable from policy support and industrial chain collaboration. In 2025, the "trade - in" policy has stimulated the demand for TVs larger than 75 inches, promoting a 5% increase in the shipment area of panels. However, the industry still faces challenges: fluctuations in the supply of MLED chips and the insufficient 8K content ecosystem restrict the popularization of ultra - high - definition displays, and changes in the international trade environment may also affect exports. In response, leading enterprises are building competitive barriers through technological iteration (such as printed OLED) and vertical integration (such as CNK's customized display solutions).

From the integration of LCD production capacity to the breakthrough of MLED technology, Chinese display manufacturers are reshaping the global display ecosystem with the dual - wheel drive of "scale + innovation". The merger and acquisition strategy of TCL Huaxing, the expansion of BOE's high - generation lines, and the specialized deep - cultivation of small - and medium - sized enterprises such as CNK jointly depict the diversified competitiveness of China's display industry. In the future, with the extension of Mini/Micro - LED technology to medical, industrial, and other scenarios, Chinese manufacturers are expected to continue to lead the way in the wave of ultra - high - definition and intelligence, providing global consumers with higher - quality "China - made screen" solutions.

About CNK

Founded in Shenzhen in 2010, CNK Electronics (CNK in brief) expanded the world leading factory in Longyan, Fujian in 2019. It is a specialized and innovative enterprise specializing in the design, development, production and sales of display products. CNK provides customers with a full range of cost-effective small and medium-sized display modules, solutions, and services with excellent quality worldwide. Oriented in technology and high quality, CNK keeps sustainable development, works to offer customers  better and stable services.