Reprinted from the age of projection
The second decade of the 21st century is bound to be the “age of display”: with the development of the new generation of information and intelligent technology, the era of ubiquitous screens and display throughout all aspects of digital life has come.
This big era feature is a huge opportunity for any LED display enterprise. As one of the pioneers in the industry.
Born in the sun, it is obvious – with this as the core, combing the strategic framework of the enterprise, continuously deepening the integration of the “screen universe” of “display omnipresence” into the future society, and creating a “new spring” of the LED large screen display industry.
In 2022, under the unfavorable situation of “ups and downs” of the COVID-19 epidemic caused by Omicron, the market performance has made another breakthrough. Its performance report for the first quarter of 2022 shows that the proportion of operating income of LED display business has further increased to nearly 90%; After deducting non net profit, the year-on-year growth rate was 54.36%, and the profitability and cash flow in the first quarter were further improved!
According to the latest data of trendforce Jibang consulting, the LED market output value is expected to grow to $30.312 billion in 2026, with a compound growth rate of 11% from 2021 to 2026. Among them, the growth of mini / micro technology products representing the direction of technological innovation will be more obvious. For example, some studies predict that in the next five years, the annual growth rate of the market scale of the micro pitch display screen below p1.0mm will be 75.53%, and the annual growth rate of the market scale of the small pitch display screen will be 19.01%. These research data show that the growth of the LED large screen industry is “in the ascendant”. Under such a background, AVOE LED Display focuses on the main business again, which is another “in-depth grasp” of the opportunities of the times and another “synchronous resonance” with the industry trend – close to the LED display industry.
Post time: Sep-19-2022