LED Small spacing is driving the growth of LED display companies against the trend

As the LED display industry gradually enters a mature and stable development stage, display manufacturers are also seeking more new breakthroughs. the high-density market segments, such as leasing and LED small-pitch, are gradually becoming a new trend in driving LED display companies against the market. High-tech LED Industry Research Institute (GLII) Monitoring information shows that although the output value of domestic LED display screens in 2012 was more than 20 billion yuan, the concentration of enterprises was extremely low, with less than 5 enterprises worth more than 0. 4 billion yuan and 80 enterprises worth more than yuan. the remaining hundreds of small-scale LED display companies have been in disorder and mixed competition in recent years, making the LED display market chaotic. GLII's survey data last year showed that China's LED display industry showed a slow growth trend in 2013, with a sales volume of 26. 4 billion in the whole year, up year on year. 6. GLII believes that with the popularization of LED display screens, this market is relatively mature and the future growth space is relatively limited. It is expected that China's LED display screen market will still maintain a growth rate of about 10 in the next few years. there is a gentle growth trend. Since the first half of this year, China's LED display market has not changed much compared with last year. The orders of enterprises are relatively stable. At the same time, the fierce price war has made many small and medium-sized enterprises in a low profit state. many enterprises generally have the problem of difficult payment, and the company's capital chain is worrying. The market is slowing down, but at the same time, display screen manufacturers are constantly seeking breakthroughs in other aspects. In recent years, with the maturity of small spacing technology and the gradual reduction of cost, the trend of LED small-pitch products replacing the traditional large-screen splicing Wall market is increasing.