Global LED Display Market Size by 2020
According to statistics, the global LED display market size is of 16 billion US dollars in 2016. By 2020, the global LED display market size expected to reach 31 billion US dollars. The overseas market space is huge. China LED display market with small pitches leading the development of LED display trend is obvious. The market showed that small pixel pitch LED display products were in highly hot situation in 2016. And it is expected in the future that it can still maintain 20% -30% stable increase.
At present, China LED display giants, are actively engaged in the new layout of overseas markets, and through the acquisition of foreign LED enterprises, set up overseas branches, the establishment of oversea LED display product storage base, improve oversea supply chain system, and actively enhance the product brand image, And some of them have achieved greater economic benefits.
The LED display companies should take the country’s "along the way" method and other economic policies, and actively develop "along the way" along the country's LED display market, and in Asia and other global economic underdeveloped areas to find potential market opportunities. In general, China also needs their own strong LED display business, which is to increase innovation and R & D investment, product value efforts, and constantly improve their products and services, enhance brand image, and actively explore a wide range of international markets Sales channels, more flowering, in order to change the background of the international situation, still maintain the "stays on the" stand of the state, to change the status quo, in the global LED display market competition often new.
In recent years, after the accumulation of technological breakthroughs, China's rapid development of LED display, large-scale effect is remarkable, the product is becoming more mature, especially the packaging and the core "spacing" technology breakthrough, directly built today's small gap LED display market hot Situation, the market constantly toward the standardization, fine development. However, it should be aware of the reality is that the current Chinese LED display product homogeneity is very serious, due to the market of low quality products, it has led LED display products in a "little profit" situation. The industry's patent infringement and plagiarism, the lack of relevant intellectual property rights protection, a great impediment to the industry's innovation and development.
China's LED industry has entered a stable development period, to maintain a good development trend, the heat continues, with the further expansion of green, intelligent city of continuous transformation of construction, LED business continued to benefit, in the Chinese manufacturing 2025 strategic background, peak.
After 30 years of reform and opening up, China is a veritable manufacturing power, in the LED industry, China's product output ranks the world's leading level, but the "big but not strong" problem still exists in the frontier technology needs to support the core parts of the field. Still it relatively lacks of advantage.
Technology is not easy to reverse the tide, "Made in China" sooner or later will be innovative LED business tradition thinking, we all dare not fall. So, LED industry, how to promote China's manufacturing to the high-end forward has also become a top priority.
Made in China, by 2025, it will bring a variety of benefits, structural changes will also form a new pattern. Looking to the future, China's LED industry development speed and quality will be significantly improved, and gradually towards the high-end, for the global economic stability and growth continue to provide a strong driving force. I believe the future work, which for China's LED business will still be able to bypass a topic, and China's LED business will have more innovative, unique ideas to show in front of the world.
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News for Wednesday 22 March, 2017
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