Small-pitch LED Display Market Growth and Future Predictions

LED display is a kind of display screen composed of LED light beads, which can realize various forms of display such as text, image, and video.

LED display can be divided into various types according to different criteria, such as according to the display effect can be divided into indoor, outdoor and other types, according to the color can be divided into single-color, dual-color, full-color and other types, according to the display can be divided into synchronous and asynchronous and other types. This analysis is LED full color.

According to the bidding network data statistics, in the first half of 2024, the total number of successful projects: was 8214, the total amount of transactions: was 817,761,800 yuan, buyers: 6990, and suppliers: 6616.

With the progress of LED display in product design, technology, process and other aspects, according to the bidding network data, in the first half of 2024, China's LED display using environment indoor accounted for 85%, outdoor accounted for 15%. Small-pitch LED display in seamless splicing, picture performance, the use of many aspects of the cost shows superiority.

According to the bidding network data statistics, in the first half of 2024, the main sales of LED display screens are concentrated in P1.7-P2.0 products, accounting for 36.39%, followed by P1.5-P1.6 products, accounting for 21.59%.

LED display hardness, high color vibrancy, screen flexibility, high clarity, good display effect in low brightness environments, and more energy saving, long life, and economic.

Small-pitch LED in the industry is mainly used in the government industry accounting for 36%, followed by the education industry accounting for 35%. In addition to the government and education industry, manufacturing and other, medical and other industries have seen growth, the industry is also gradually to diversification and segmentation direction.

In recent years, with the Internet, big data, cloud computing, Internet of Things and other emerging technologies continue to rise, as well as 5G, smart cities, intelligent transportation, intelligent medical care, intelligent tourism and other emerging applications scenarios continue to emerge, the market scale of the LED display industry continues to expand, and the level of technology application has also been improved by leaps and bounds. At present, there are many brands of LED display, and different LED display brands have their own unique characteristics and competitive advantages.

The state for the development of LED display screens has given strong support and encouragement, through the form of policy documents to guide the development direction, and cultivate the market environment, while improving the standard system, improve the technical level of LED display screens.

According to the data statistics of the bidding network, in the first half of 2024, the procurement of LED display administrative regions, the procurement of LED display has been kept at a high level due to the developed economy and strong market demand in East China. Many suppliers and manufacturers regard East China as an important sales market and have launched various models and specifications of LED displays to meet the needs of different customers. At the same time, with the continuous progress of technology, the performance of LED display is also improving, such as higher resolution, more vivid colors, longer service life, etc., which further promotes the procurement boom in East China.

The development of the LED display industry cannot be separated from the promotion of some factors, such as policy support, market demand, people's pursuit of high quality of life, the rapid development of LED technology and other driving factors.

The future development trend of the LED display industry can be viewed from the following aspects:

1. Technological innovation and upgrading: with the continuous progress of science and technology, the LED display industry will continue to introduce more advanced technology and products. For example, small-pitch LED displays will continue to develop, providing higher resolution and more detailed display effects. At the same time, flexible LED display technology will gradually mature, providing more flexibility and creative space for a variety of application scenarios.

2. Intelligence and Internet: the LED display will pay more attention to the development direction of intelligence and Internet. Through the integration with the Internet of Things, artificial intelligence and other technologies, LED displays can realize remote control, intelligent adjustment of brightness, adaptive environment and other functions, improving user experience and energy efficiency.

3. Environmental protection and energy saving: environmental protection and energy saving is one of the important directions of future development, LED display industry will strengthen the research on materials and manufacturing process, and reduce the impact on the environment. At the same time, through the optimization of design and technological innovation, reduce energy consumption, to achieve a more green display product.

4. Diversified application scenarios: LED displays will be used in more fields. In addition to the traditional advertising, stage, stadiums and other scenes, LED displays will be expanded to commercial display, smart homes, medical and health care and other fields, to meet the needs of different industries and users.

5. Customization and personalization: with the diversification of user needs, LED display industry will pay more attention to the development of customization and personalization. Users can according to their own needs and preferences, customize the unique display shape, size, function, etc., to achieve a different display effect.

6. International development: The LED display industry will further expand the international market, and strengthen cooperation and competition with international brands. Through technological innovation and quality improvement, improve the competitiveness of products to meet the needs of global users.

In summary, the future development trend of LED display industry will be around technological innovation, intelligence, environmental protection and energy saving, diversified application scenarios, customized personalized and international development, etc., which will bring more opportunities and challenges for the industry.