The LED display industry in the 21st century has recently seen a significant recovery momentum. Especially in the new year of 2017, the major LED display manufacturers in the industry are in full production, and there will be a certain short-term demand in short supply, so there will be a general demand for price increases in the industry chain. The LED industry expects that throughout the first and second quarters, the supply and demand situation will be relatively tight and lacking.

According to relevant data analysis, the global LED package value is as high as 16 billion U.S. dollars, and the growth rate has recovered to 10%. In the high-end market dominated by foreign LED display manufacturers such as Europe, America, Japan and South Korea, although my country's LED started relatively late, it is now gradually becoming the leader in the global LED packaging device manufacturing. At the same time, the concentration of the LED packaging industry continues to increase, and there is an upward trend in the profitability of leading domestic packaging companies.

　　

In 2017, LED chips, packaging, and lighting went through multiple rounds of price increases. In 2017, the chip leader Liancheng issued the starting gun for price increases from many leading packaging manufacturers, highlighting the determination and improvement of the supply and demand pattern of the LED industry. Lighting + display accounted for more than half of downstream applications. In 2017, the global LED lighting market is expected to exceed US$80 billion with a penetration rate of only 25%. In 2017, the global LED lighting market penetration rate is expected to exceed 33%, with a growth rate of over 22%. Smart lighting continues to stimulate the overall industry demand. In 2017, the small-pitch LED display market grew by more than 70%, and the overall supply and demand continued to flourish. The global LED backlight market has declined slightly due to the replacement of OLEDs, and the transfer of backlight production capacity to China has accelerated.

 

Many people do not know that the shortage of supply and demand in the LED industry is mainly related to two factors. One is the continuous growth of downstream demand, which refers to the explosive growth of consumer goods such as lighting, and the other is that the industry itself has not been expanded for many years. Shenzhen LED display companies pointed out that 2017 is a crazy year for small-pitch LED displays to usher in explosive growth. Companies will increase technology research and development and quality service quality, and product spacing will continue to achieve breakthrough innovations, and the display effect will also be improved. Will be greatly upgraded, the industry market demand will also surge, and the small-pitch LED display industry will usher in greater development opportunities in 2017.

 

Under the huge business opportunity, domestic small-pitch LED display companies have increased technological research and development and continued to expand their own production capacity. Now small-pitch products are positioned in the high-end application market, with high product prices and large profits. With the support of strong technology, the small-pitch LED display combined with naked smart application display and other effects will also become more unique and creative, attracting many users to buy and understand, which will also better promote the global small Pitch LED display products are moving towards a larger international market.