Inventory of LED display industry data in 2019

In a blink of an eye, 2019 is coming to an end.

This year, the LED display industry has undergone earth-shaking changes. How to accurately grasp market trends? Data speak!

As an industry observer, in order to better help companies grasp the development trend of the industry, “LED Display Channel” has compiled the following market data related to the industry chain in 2019.

(1) Small pitch LED

It is estimated that by 2020, China’s small-pitch LED display market is expected to reach 17 billion yuan, and the LED display market penetration rate may increase to 22.4%, which will promote the accelerated extension of LED display technology to indoor applications

(2)Mini LED

According to relevant research data: In 2018, the global Mini LED market was about 520 million yuan.

In 2019, as major manufacturers successively released Mini LED products, the gradual penetration of e-sports, notebooks, mobile phones, TVs, cars and other markets will be achieved.

The Mini LED market is expected to exceed 5.5 billion yuan in 2020.

(3)Micro LED

GGII predicts that the Micro LED market is expected to reach 100 million yuan in 2019. Micro LED is expected to maintain a growth of about 75% from 2020 to 2025, and the Micro LED market will reach 4.9 billion yuan in 2025.

(4) Commercial display

Data show that the development of the commercial display industry in mainland China has entered the fast lane. In 2018, the overall commercial display market reached 74.5 billion yuan, a year-on-year increase of 32.2%.

The market size is expected to exceed 100 billion yuan in 2020, and the commercial display market is ushering in a golden decade of rapid development.

(5) Transparent screen

According to relevant forecasting agency data, by 2025, the market output value of transparent display is about 87.2 billion U.S. dollars.

With the improvement of technology and applications in 2019, the LED transparent screen market continues to heat up.

(6) Smart city

Smart cities are becoming a new hot spot for investment.

The “Global Semi-annual Smart City Expenditure Guide” published by the Internet Data Center (IDC) predicts that in 2023, global smart city technology-related investments will reach US$189.46 billion, and the Chinese market will reach US$38.92 billion.

(7)Landscape lighting

In 2019, through policy promotion, technological innovation and market practice, the night economy is becoming a new force to promote a new round of consumption upgrades.

Data show that in 2018, the national landscape lighting market alone is about 93.57 billion yuan, and the market size is expected to exceed 100 billion yuan in 2019.

(8)Ultra HD Industry

With the approach of 5G commercialization, technological breakthroughs in the fields of panels, chips, terminal display products, and the continuous optimization of the policy environment in various regions.

In 2018, China’s ultra-high-definition video market maintained rapid growth, with a year-on-year growth rate of 28.3%, and the overall market size reached 163.66 billion yuan.

Experts believe that the size of China’s ultra-high-definition video market will reach 432.18 billion yuan.

(9) LED package

Related analysis believes that in 2019, affected by the Sino-US trade and import and export environment, my country’s LED packaging market is still not optimistic.

The LED packaging market is expected to be around 72 billion yuan, and domestic demand in the mainland market will become the main driving force for growth.

(10)PCB

From the perspective of market conditions, my country is one of the major exporters of copper clad laminates in the world. In 2018, my country’s copper clad laminate production capacity and output have developed relatively smoothly.

The outbreak of 5G in 2019 may further stimulate the demand of the PCB industry.

According to relevant agency data, the global PCB output value reached 63.55 billion U.S. dollars in 2018, and the overall industry growth rate was 6%. In 2018, China’s PCB output value was 32.6 billion U.S. dollars, and its market share accounted for 51.30%.

In recent years, the market share has continued to grow steadily. In the next five years, the compound growth rate will reach 3.2%, which is firmly in the leading position.

In 2019, although China’s LED display industry has experienced waves, the above “data” also brings more hope for the future development of screen companies.

OK, the editor above tells friends about the LED display industry data in 2019. Next, if you need to purchase mobile phone LCD screens and mobile phone built-in small accessories, please contact us.