LED display is a display device composed of LED lamp beads, using the adjustment of the brightness and luminous state of the lamp beads, you can display text, images and video and other diverse content. This kind of display is widely used in advertising, media, stage and commercial display because of its high brightness, long life, rich color and broad viewing Angle.
According to the display color division, the LED display can be divided into monochrome LED display and full-color LED display. Monochrome LED display usually can only display a single color, suitable for simple information display and decoration; The full-color LED display can present a rich color combination, suitable for scenes requiring high color reproduction, such as advertising and video playback.
Diversified characteristics and applications make LED displays play an increasingly important role in modern society. Whether it is in the busy streets, shopping Windows, or all kinds of large-scale events and performances on the stage, LED display plays an important role. With the continuous progress of technology and the growth of application demand, the development prospects of LED display are very broad.
Technological progress is an important driving force to promote the development of the LED display industry. With the innovation and improvement of LED technology, the performance of LED display, such as brightness, color reproduction and viewing Angle, has been significantly improved, so that it has greater advantages in display effect. At the same time, the reduction of manufacturing costs has also further promoted the wide application of LED displays in various fields.
In recent years, the government has issued a series of policies to support the development of the LED display industry, including financial subsidies and tax incentives, which have provided strong support for the LED display industry. These policies not only promote the development and application of LED display technology, but also promote the standardization and standardization of the industry.
The industrial chain of the LED display industry includes raw materials, parts, equipment, assembly and final application. The upstream segment mainly involves the supply of core raw materials and components such as LED chips, packaging materials and driver ics. The midstream segment focuses on the manufacturing and assembly process of LED displays. The downstream link is the application market of LED display covering advertising, media, commercial display, stage performance and other fields.
China's LED chip market continues to expand. From 20.1 billion yuan in 2019 to 23.1 billion yuan in 2022, the compound annual growth rate remained at a healthy 3.5%. In 2023, the global LED display market sales reached 14.3 billion yuan, and is expected to reach 19.3 billion yuan in 2030, with a compound annual growth rate (CAGR) of 4.1% (2024-2030).
The major players in the global LED Display (LED Display) include Liad, Chau Ming Technology and so on. The revenue market share of the top five global manufacturers is about 50%. Japan has the largest market share of sales with more than 45%, followed by China.
People's demand for high-definition, delicate display screen continues to rise, as well as the arrival of the digital age, LED small pitch display in various industries are more and more widely used, such as command and control centers, commercial displays and billboards.
LED display technology continues to mature and the expansion of application fields, LED display in various industries are more and more widely used. In the advertising industry, LED displays can present bright and eye-catching advertising content to attract more target customers. In stadiums and performance venues, LED displays can provide high-definition images and videos to enhance the viewing experience of live audiences. In the field of transportation, LED displays can be used for the display of road information and the production of traffic signs to improve the efficiency and safety of traffic management.
Widely used in shopping malls, exhibitions, conference centers, hotels and other commercial places, for promotion, information release and brand display. In the field of interior decoration, LED displays can be used as decorative elements to create unique visual effects. In the stage performance, the LED display can be used as the background curtain wall, combined with the performance of the actors, to create a shocking visual effect.
Post time: Feb-20-2024