China is the most important production base of LED display in the world. By the end of 2019, there are less than 300 LED display enterprises in China, and the number of enterprises has decreased compared with the end of 2018. The decrease in the number of enterprises does not lead to the decrease in the output value of the LED display industry. On the contrary, the overall market scale continues to expand due to the increase in the number of enterprises.

According to the survey, 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 scale of LED small spacing display (point spacing ≤ p2.0) has reached 11.4 billion yuan, with a compound annual growth rate of more than 40%.

With the rapid development of LED small space display in recent years, all kinds of enterprise positioning and market structure have been initially formed, but the competition is still fierce. According to the investigation, Kewei optoelectronics and other enterprises have become the leading enterprises of domestic LED small spacing display relying on their brand effect, channel advantages, high cost performance and perfect supporting facilities.

While some enterprises perform brilliantly, it is also a time for more enterprises to gradually decline. According to market research, the number of LED small spacing display enterprises with a certain shipment volume has greatly decreased compared with the previous two years, and the market concentration has been improved to a certain extent.

Since 2018, led small space display has developed rapidly and has become the main force of LED display growth. At present, the technology, process and industrial chain of LED small spacing display are very mature, and the cost and price are constantly decreasing. The LED small spacing display has opened up a vast space for indoor display.

It is worth noting that with the maturity of LED small spacing display technology and the continuous decline of cost, the domestic LED small spacing display market has begun to accelerate to a smaller point spacing.

Author: admin

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