LED Small Pitch Display Will Occupy The Top 5 in China in 2019
With the LED display screen becoming more and more small spacing, the minimum size of small spacing led screen products on the market can reach 0.6mm, while the most popular models for export are P1.25 and P1.56 fine pitch led display. At present, Kewei Optoelectronic‘s small pitch indoor led display product, has applied for professional design, and its waterproof level can reach IP64.
China is the main production base of LED display in the world. By the end of 2019, there were less than 300 LED display enterprises in China, and the number of enterprises decreased compared with the end of 2018. The decrease in the number of enterprises has not reduced the output value of LED display industry. On the contrary, the overall market size continues to expand due to the increase in the size of many enterprises.
Research shows that the scale of China's LED display industry will reach 60.3 billion yuan in 2019, with a year-on-year growth of 21%. Among them, the market size of LED small spacing display (dot spacing ≤ P2.0) reached 11.4 billion yuan, with an annual compound growth rate of more than 40%.
China is the main production base of LED display in the world. By the end of 2019, there were less than 300 LED display enterprises in China, and the number of enterprises decreased compared with the end of 2018. The decrease in the number of enterprises has not reduced the output value of LED display industry. On the contrary, the overall market size continues to expand due to the increase in the size of many enterprises.
LED small pitch display After the rapid development in recent years, various types of enterprise positioning and market pattern have preliminarily formed, but the competition is still fierce. According to the survey, Kewei Optoelectronics and other enterprises have become the leading enterprises of domestic LED small pitch display relying on their brand effect, channel advantages, high cost performance ratio and perfect supporting facilities.
While some enterprises have performed brilliantly, it is also a time when more and more enterprises are gradually declining. According to the market research, the number of LED small pitch display enterprises with a certain shipment volume has decreased greatly compared with the previous two years, and the market concentration has improved to a certain extent.
Since 2018, LED small pitch displays have developed rapidly and become the main force of LED display growth. At present, the LED small pitch display technology, process and industrial chain support have been very mature, and the cost price has been declining. The LED small pitch display has opened a wide space for indoor display.
It is worth noting that as the LED small pitch display technology becomes more mature and the cost continues to decline, the domestic LED small pitch display market starts to accelerate towards a smaller pitch.
In the next 2-3 years, led screen's products above P3 may be eliminated. If you want to catch up with the trend of the market and become the first group of meat eating friends, please contact Kewei Optoelectronics, and we will provide you with the best and most cost-effective LED display screen products.