Three areas of the 100 billion market for small pitch LED displays
The financial reports of listed companies in the LED industry in the third quarter of 2015 have been released one after another. The synchronous growth of revenue and net profit has become the main theme. As for the reasons for performance growth, analysis shows that the expansion of the small pitch led market has become an indispensable part.
The birth of small pitch led display screen marks that led display technology has officially entered various indoor applications. In the future, small spacing led display technology will rapidly enter indoor applications in the next few years by virtue of its advantages such as no seam, excellent display effect, continuous semiconductor technology progress and cost reduction. Small pitch led display is expected to replace the original indoor large screen display technology and fill the technology gap by stages, wholly or partially. the potential market space is more than 100 billion, and will show explosive growth in the next few years. It is estimated that in the next five years (2014-2018), the composite growth rate of market size of small pitch LED display products will reach 110%.
The first stage is to enter the professional indoor large screen display market. In the field of command, control, monitoring, video conference, studio and other professional indoor large screen display applications, small spacing LED display is expected to replace mainstream technologies such as DLP rear projection splicing technology, LCD/plasma splicing technology, projection and projection fusion technology. We estimate that the global potential market size of small pitch led displays in this application field is more than 20 billion.
The second stage is to enter the field of business meetings and education. The application of business conference display field includes large conference and small conference. The former includes more than 100 people’s conference venues such as parliament venue, hotel, large conference room of enterprises and institutions, etc; The latter is mainly a small conference room with an index of ten people. Applications in the field of education range from primary school classrooms to university ladder classrooms. The number of students in each classroom ranges from dozens to hundreds. At present, projection technology is mainly used in these fields to display the required data. We believe that the small spacing led shows that the global effective market space in this field is more than 30 billion.
The third stage is to enter the high-end home TV market. Limited by the technology of LCD TV, at present, the technology in the field of high-end home TV with large screen of more than 110 inches is lacking, and the projection technology is difficult to meet the requirements of high-end users for viewing effect. Therefore, in the future, small pitch LED display technology is expected to achieve brilliant results in this field. We conservatively predict that the global effective market space of small pitch LED display technology in this field is more than 60 billion. To enter this field, technical progress, improvement of workmanship and cost reduction are still needed, and enterprises are also required to improve the layout of product design, sales channels and post maintenance.
Ordinary indoor large screen displays, cinemas and projection halls are also important potential markets. With the decrease of the price of small pitch led displays, the ordinary indoor display field that used to use large pitch led displays to display advertising and information is gradually adopting small pitch led products. In addition, standard cinemas and non-standard projection halls are also trying to use small pitch LED display technology. The global potential space of these markets is expected to reach 10 billion.
Post time: Dec-21-2022