Small pitch LED display: The potential of the future market is worth tens of billions

Introduction

With the continuous technological innovation and market demand growth, small pitch LED display is gradually becoming the new favorite of the display industry. This article will explore the development trend, market potential and prospects of small pitch LED display in different application fields.

Market size forecast of small pitch LED display

Cost reduction and technology improvement

Small pitch LED display is rapidly replacing traditional splicing screens such as DLP due to its advantages such as high definition, low energy consumption and long life. With the sharp decline in production costs and the continuous improvement of display effects, the small pitch LED display industry has ushered in explosive growth. Here is the price and buying guide of small pitch LED display.

Market penetration and growth potential

According to the analysis of LED display manufacturers, when the market penetration rate is 20%-50%, the industry will enter a stage of rapid growth. 2016 marks the first year of the explosion of small-pitch LEDs. It is expected that the market size will grow at a compound growth rate of more than 60% in the next 2-3 years, and the market size will be close to 10 billion yuan by 2018.

Growth trend of the Chinese market

The demand for small-pitch LED display products in the Chinese LED display market is extremely strong, and it is expected to maintain a stable growth of 20%-30% in the next few years.

Broad prospects for the application of LED display screens

Outdoor advertising market

In 2017, the scale of China's outdoor advertising market is expected to reach 160 billion yuan. With the acceleration of urbanization, the demand for outdoor LED advertising screens in domestic and foreign markets continues to grow. Here are outdoor LED display solutions.

Sports stadium construction

According to the plan of the State Council, by 2025, the per capita sports venues in my country will reach 2 square meters, and it is estimated that nearly 800 million square meters of sports venues will need to be built. With the expansion of the scale of sports venues, LED displays, as an important tool for information release and interactive entertainment, will usher in a new round of growth. Stadium LED display: enhance the experience and passion of the event.

Industry data and market insights

The development of the LED display industry is experiencing significant changes in data. From small-pitch LED displays to the outdoor display market and the application of stadiums, all fields have shown strong growth momentum.

Conclusion

Against the background of big data, the LED display industry is ushering in unprecedented development opportunities. With its excellent performance and wide application prospects, small-pitch LED displays herald the rise of a 10 billion market. For industry practitioners, now is the best time to seize opportunities and actively plan for the future.

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: The competition between transparent LED screen and traditional LED display. Please click read.

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