Big analysis of LED electronic screen industry

LEDs - Nov 23 '23 - - Dev Community

The LED electronic large screen industry has experienced multiple challenges since 2018, including raw material price increases, actions to defend the skyline, and price wars. However, these variables have not changed the fierce competition. This article provides an overview of the big data analysis of the LED electronic large screen industry from LED display manufacturers.

Image description
Current market trends show that the traditional LED electronic large screen market is gradually becoming saturated, while the demand for different types of small-pitch LED displays, LED interactive screens, LED transparent screens and LED special-shaped screens is growing. Major LED display manufacturers are preparing to compete for market share. Market factors not only affect the demand for LED electronic large screens, but also have an impact on the market of upstream and downstream enterprises in the industry chain, resulting in increasingly fierce competition among enterprises, showing a trend in which the strong become stronger and the weak become weaker. Here are six common LED special-shaped screens.

According to statistical data from professional institutions, the LED electronic large screen market size is expected to reach US$9.349 billion by 2022, with a compound growth rate expected to be 12%. The small-pitch LED display grew by 61% year-on-year in 2017, with the market size reaching 5.9 billion yuan. It is expected to reach 8.6 billion yuan in 2018, with a year-on-year growth of 47%.

Image description
In terms of emerging technologies, Mini LED and COB technology have achieved mass production. By 2019, the Mini LED market size is expected to reach US$1.6 billion. Although the COB small-pitch LED display market currently accounts for less than 5%, its high reliability and performance advantages are gradually recognized by the market, and its future development prospects are broad. Prices are also expected to drop relatively.

In addition to being used in small-pitch LED display packaging, Micro LED technology can also be used in mobile phone backlights and small and medium-sized display devices. By 2019, the Micro LED market size is expected to reach 100 million yuan, and the growth rate will remain at around 75%. By 2025, the market size will reach 4.9 billion yuan.

Image description
In the field of LED transparent screens, the transparency of up to 50-80% makes them popular in glass curtain walls and commercial displays. According to U.S. survey agency predictions, the LED transparent screen market output value will reach approximately US$87.2 billion by 2025. In the future, the demand for LED transparent screens will further increase in the commercial display market, new retail, stage design, outdoor digital advertising and other fields. Do you want to know the price of LED transparent screen?

The commercial display market has always been the main battlefield for LED display manufacturers. In 2017, the commercial display market in mainland China reached 47.5 billion yuan. According to data from Aowei Cloud Network, China's commercial display market size is expected to reach 58.88 billion yuan in 2018, of which the application proportion of small-pitch LED displays will reach 60%.

Image description
The demand for digital signage market is on the rise every year. IDC data shows that the shipment volume of digital signage products in the second quarter of this year increased by 15.9% year-on-year. It is expected that the product shipment volume of the entire digital signage market will reach 3.5 million units by 2028. What should you consider when customizing LED digital screens?

At the same time, the development of LED electronic large screens has also driven the growth of upstream and downstream industries such as LED packaging and LED chips. In 2017, the output value of LED packaging in mainland China reached 87 billion yuan, a year-on-year increase of 18%. GGII predicts that China’s LED packaging output value will grow at a rate of 15% in 2018.

Image description
Among key areas, the LED chip market reached 18.9 billion yuan, a year-on-year increase of 48.8%. Taken together, despite the intensifying market competition, the LED display industry still has many emerging markets to be developed. Through big data analysis, LED display manufacturers should adjust their strategies based on their own strengths to compete for more market share.

Thank you for watching. I hope we can solve your problems. Sostron is a professional LED display manufacturer. We provide all kinds of displays, display leasing and display solutions around the world. If you want to know: Big analysis of LED electronic screen industry. Please click read.

Follow me! Take you to know more about led display knowledge.

Contact us on WhatsApp:https://api.whatsapp.com/send/?phone=8613570218702&text&type=phone_number&app_absent=0

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .