The sales scale of my country’s LED display application market is expected to reach 75 billion yuan in 2023, according to the recently held 18th National LED Industry Development and Technology Seminar and the 2023 National LED Display Application Technology Exchange and Industrial Development Seminar. Experts attending the meeting pointed out that with the development of Mini/Micro LED technology and the maturity of small-pitch products, the industrial agglomeration effect has become increasingly obvious. At the same time, cross-border companies have entered the industry one after another, and the future industrial structure may be reshaped.
LED industry is entering a stage of innovation leadership, transformation and improvement, and high-quality development , driven by the new generation of information technology . Guan Baiyu, Secretary-General of China Semiconductor Lighting/LED Industry and Application Alliance, pointed out in his opening speech that in the past two decades from 2003 to the present, our country has continuously launched new products in LED devices, LED lighting, displays and backlights, and the industry has accumulated related experiences and explored the laws of industrial development.
“Chinese LED industry as a whole has formed a relatively complete industrial chain of basic LED chips, packaging, driver ICs, control systems, power supplies, production supporting equipment and materials, and standardized industrial ecosystems, laying the foundation for further development and improvement.” Guan Jizhen, Chairman of the Light-Emitting Diode Display Application Branch of the China Optical and Optoelectronics Industry Association, said. According to statistics from the LED Display Application Branch of the China Optics and Optoelectronics Industry Association, the market share of indoor and outdoor display products has changed significantly in recent years. The proportion of indoor display products has increased year by year, accounting for more than 70% of all products throughout the year. . Since 2016, small-pitch LED displays have experienced explosive growth and have quickly become a mainstream product in the display market. At present, the proportion of small-pitch products in the total indoor and outdoor LED display market is over 40%.
It is reported that COB integrated packaging technology, Mini/Micro LED display technology, LED virtual shooting and other directions are gradually becoming new increments in the development of the LED market. As the high-end direction of packaging technology, COB has gradually become an important product technology trend under the development of micro-pitch LED screens, and the camp and scale of related manufacturers are rapidly expanding. The Mini LED backlight market has experienced a compound annual growth rate of 50% since entering its first year in 2021; Micro LED is expected to be used on a large scale within two years after key technologies such as mass transfer mature. At the same time, it will also drive the expansion of the vehicle-mounted mobile LED display market, making the field of vehicle-mounted displays more diversified. In terms of LED virtual shooting, with the cost reduction and efficiency improvement of this technology, in addition to the film and television field, more and more people are using it. It has been applied to variety shows, live broadcasts, advertising and other scenarios.
Post time: Nov-11-2023
