The technology foundation and level of LED display screen industry in China are quite advanced, and the main products and key technologies are generally consistent with the advanced level of the international industry. LED device technology and performance continue to improve, the rapid development of electronic technology, which for LED display products technology deepening and improvement brings a good foundation. At the same time, LED display has been widely used in various fields of social life. The development of semiconductor lighting industry brings good opportunities for LED display industry. Therefore, the development prospect of LED display market is optimistic.
The LED industry chain mainly includes raw materials and equipment, upstream chip manufacturing, mid-stream LED packaging and downstream LED applications. And downstream LED applications are mainly divided into LED lighting, LED display screen and LED backlight applications. LED application is an important link in the whole industrial chain that can bring high added value.
Currently, the largest market for downstream LED applications is lighting, followed by backlighting applications and display screens. Display scale still maintain a relatively stable trend of rapid growth, especially with the mature of small spacing LED display technology, LED display applications will gradually from the large size display application to indoor, outdoor applications will significantly expand, is expected in the next few years will remain very high speed growth, so as to make the LED display in the proportion in the whole industry chain downstream application gradually enhanced.
According to the "China LED industry market outlook and investment strategic planning analysis report" data show that in 2015, the national LED display application industry market sales scale has a new growth compared with 2014, the total market volume is expected to reach 33.5 billion yuan, the growth rate of about 10%.
The application scope of LED display in China is expanding
Source: qianzhan industry research institute
LED by new technologies such as small spacing LED and downstream industries such as culture, media and sports maintain a high prosperity, it is expected that LED display industry can maintain a steady growth of 20% to 30% in the future.
The DLP (digital light processing), and other domestic market is mainly used in large, joining together the military command, traffic monitoring, studio, and other fields, such as wisdom city development, further into the markets such as security, commercial display, so the future will continue to maintain rapid growth in the sector, since 2010, China's domestic market for large, joining together the compound growth rate of 20% or more, expected in the next three years to remain around 15% growth.
Such customers have high requirements for product display effect and are not sensitive to price. Small-spacing LED has rapidly replaced DLP and other splicing screen markets with excellent display effect.
With small spacing LED display the future prices fall further, applications will be further expansion, the future will be full access to the media, advertising, cinema commercial applications, such as by leah DE income industry classification, you can see that in recent years, the income from the industry and commerce enterprise size and growth rate are higher, as the product cost down, the price sensitivity of higher customer also begin to accept small spacing LED products. The future market space in the commercial sector is very broad.
At present, LED small-spacing TV applications have not entered the civil market, but with the further reduction of costs and the mass production of products with smaller pixel spacing, it is expected to enter the civil TV field. Small-spacing leds are unlikely to replace LCDS in the near future for home TVS under 70 inches, given their superior display and cost. But above 70 inches, especially after 110 inches, the cost increases exponentially due to the technology used to make LCDS. So it's basically hard to see LCD TVS above 110 inches.
It is expected that the small-spacing LED industry will maintain ultra-high growth rate in the next 2-3 years, with the growth rate of more than 60%, and the market size is estimated to be close to 10 billion by 2018.
In the development of China's LED display industry in recent years, with the integration of mergers and acquisitions among enterprises, the scale effect continues to show, the industry structure has been basically clear, at the same time, the application of LED display screen in traditional outdoor advertising, arena sports venues and other fields has also developed relatively mature, products tend to homogenize gradually. Therefore, LED display enterprises begin to seek new profit growth points, and continue to innovate by improving the level of research and development, so as to enter new application sites and open new blue ocean markets. With the gradual improvement of display technology and the gradual reduction of cost, the products are constantly upgraded, especially the launch of products with small spacing, LED displays have gradually entered into many new market applications.
At present, LED full-color display is mainly used in advertising media, sports venues, stage background, municipal engineering, etc., and small-spacing LED display is still developing more markets such as transportation, broadcasting and military