LED display industry sales in Guizhou market reach more than 500 million yuan

On July 5, reporters learned from relevant departments that with the unprecedented prosperity of LED technology, the LED display industry has attracted much attention, and it is widely used in commercial advertising, live broadcasts, traffic induction, stage performances and other fields. At present, the production and sales of my country's LED display industry account for about 90% of the global total. The market size in 2021 is about 67 billion yuan, and the Guizhou market reaches more than 500 million yuan, a year-on-year increase of about 7.8%.

LED products on the market.

According to reports, after more than 30 years of development, my country's LED display industry has now led the world in all aspects, and has taken the lead in mass production of the third generation of new display products, micro LED, which are beginning to be used in consumer electronics such as wearables, mobile phones, notebooks, and televisions.

LED display screens can be seen from small to large, whether in public places or in various units. At present, the 2022 National LED Display Industry Quality Tour Exhibition has just entered the refreshing city of Guiyang, and will successively enter 19 provincial capital cities across the country.

LED products on the market.

Mr. Cao Lixin, Secretary-General of the China LED Engineering Contractors Alliance, said that in the face of the ever-expanding display application fields and the increasingly fierce competition in the market, at present, the overseas market is very prosperous and the market prospects are good. With the development and maturity of technology, many home appliance brands are now also using LED. Its advantages are that the color ratio is high and there is almost no distortion.The visual effects are more realistic.

According to Mr. Yang, an industry insider in the Guizhou market, the spacing between LED lamp beads is getting smaller and smaller, and the resolution is higher. It used to be two to three centimeters. Due to the development of technology, the spacing has now been reduced to 0.76 mm.

LED is mainly widely used in command centers, shopping malls, display and exhibition centers, conference rooms, naked-eye 3D, stage background settings, studios and other places.

At present, in the country, Shenzhen is the most developed in the production and sales of LED display industry, and Guizhou market sales will reach more than 500 million in 2021. Although Guizhou's market share is small, it is developing at a year-on-year growth rate of 7.8%, which is very fast.

LED products on the market.

Mr. Yang said that although the current demand for electronic displays is close to saturation, with the development of new display products and breakthroughs in new demand markets and application environments, this will bring new opportunities to the domestic LED display market. Where there are opportunities, there are challenges. As competition in the industry intensifies, Guizhou's display market will continue to grow rapidly in the future.