The LED display industry is ushering in new consumption opportunities. With the warming of demand in the later stage of the epidemic, the demand for LED display industry has gradually picked up, benefiting from technical upgrades such as 5G, 4K/8K ultra-high-definition display, and the rapid growth of the LED display market with small spacing / micro-spacing, bringing new opportunities for the development of the LED industry.
What is the development status of LED display and the development trend of LED display? The LED display industry is ushering in new consumption opportunities. With the warming of demand in the later stage of the epidemic, the demand for LED display industry has gradually picked up, benefiting from technical upgrades such as 5G, 4K/8K ultra-high-definition display, and the rapid growth of the LED display market with small spacing / micro-spacing, bringing new opportunities for the development of the LED industry.
2022 LED display industry market size and development prospect trend analysis
LED display (LED display) is a flat panel display, composed of a small LED module panel, used to display text, images, videos and other information equipment. LED electronic display set microelectronics technology, computer technology, and information processing in one, with bright color, wide dynamic range, high brightness, long life, stable and reliable work and other advantages.
LED display set microelectronics technology, computer technology, and information processing in one, with bright color, wide dynamic range, high brightness, long life, stable and reliable work and other advantages. LED display is widely used in business media, cultural performance market, stadiums, information dissemination, news releases, securities transactions, etc., can meet the needs of different environments.
With the rapid development of science and technology, the advertising and information dissemination forms of traditional media can no longer meet people’s needs. LED display because of its bright color, clear image and other characteristics, for the audience to provide stunning visual effects, greatly highlighting the commercial value of media advertising, so as to become the new media era of the most popular advertising carrier for advertising owners.
In fact, not only in the advertising industry, LED display is also widely used in sports venues for event playback, timing and scoring, and the background effect of some stage plays. The commercial display market of the future is vast and large.
According to the “2020-2025 LED display industry market depth analysis and development strategy research report” released by the Zhongyan Industry Research Institute
Oviruiwo predicts that although the demand for the terminal market is relatively stable, but the production capacity is still expanding, the entire industry will usher in another reshuffle, the exit and expansion of future production capacity will be carried out simultaneously, the panel shipment area will maintain growth, in 2022 Chinese mainland the overall TV panel production capacity will account for more than 60%, and then the competitive landscape will enter a stable period, as the Chinese mainland panel factory continues to release production capacity, it is expected that the average size of the global TV panel will continue to grow, The average size is expected to grow by 2.3 inches in 2022 to 49.2 inches.
Under the tide of global digitization, changes in user usage scenarios and application needs have brought opportunities for product innovation and brought new incremental space to the market, especially the demand for LED, Mini LED, super size, high refresh rate TV and other market segments have good growth potential.
In 2021, the global LED display output value is expected to rise by 13.5% year-on-year to 6.27 billion US dollars. In 2020, the global LED display market was affected by the epidemic, and the overall output value reached only 5.53 billion US dollars, down 12.8% year-on-year, of which the decline in demand in Europe and the United States was the most obvious. In 2021, with the overall demand heating up, and the price increase of upstream components due to shortages, LED display manufacturers will therefore increase the price of products synchronously, and the output value of the LED display market is expected to rise this year.
LED industry competition is fierce, almost every enterprise is competing for the market, grabbing customers, expanding the scale, but few companies really focus on product research and development, in fact, in order to maintain technological competitiveness, reduce the risk of technology spillover, patents are the best way to protect. With the industry slowly maturing, standardizing, and protecting their intellectual property rights and intangible assets by applying for patents is also an inevitable development trend of the LED large screen industry.
LED displays have sprung up, but only a few can be recognized by the industry. After the establishment of many small enterprises, because of the small scale, small funds, research and development capabilities can not keep up, so they find ways to take shortcuts, sloppy design, and even copy the design of large companies, the result is that the entire market is flooded with defective products, so that many customers have headaches, this behavior is not responsible for customers. Therefore, the standardization of LED large-screen products is also an inevitable trend.
In order to obtain better viewing effect in the future, LED display will inevitably require more and more clarity and fidelity of the display screen. In order to be able to restore the authenticity of color and display a clear image on a smaller display, then high-density and small-pitch LED displays will become one of the future development trends.
LED display industry research report aims to start from the national economic and industrial development strategy, analyze the future policy trend of LED display and the development trend of the regulatory system, tap the market potential of the LED display industry, based on the in-depth research of key market segments, to provide a vivid description of market changes from multiple angles such as industrial scale, industrial structure, regional structure, market competition, and industrial profitability, and clear development direction.
21st century intelligent LED display in the field of product application has shown a momentum of segmentation, diversification, intelligent transportation, intelligent large-screen monitoring, intelligent stage, intelligent advertising and other different industries, intelligent small spacing, intelligent full-color LED display, intelligent transparent screen and other intelligent LED display products, but no matter how many fields, how many products, there is no denying that intelligent LED display product development needs more for user-level operators to design and develop, In order to truly solve the general needs of users, realize the universal intelligence of the product market, and ultimately win the recognition of the market.