According to the research, global LED display industry shows limited growth of the overall market due to the global economic downturn and a downward trend in the market demand of the traditional display. However, due to the development of small pixel rental LED display screens in recent years, the display screen market demand re-opened, the global LED display market scale will be about 5.092 billion US dollars. After years of rapid development, small pixel indoor LED display screens (≤ P2.5) will maintain its growth, and their market scale will be about 1.141 billion U.S. dollars in 2017.
The develop trend of LED market.
In 2017, the market value of LED display industry is about 1.63 billion US dollars, this number may increase to 1.94 billion US dollars in 2021. Although the growth rate of small pixel rental LED display screens is slowing, it is still the main force to stimulate the LED display demand in the market.
At present, rental LED display screens are developing towards larger view angel, higher contrast, higher image quality, lower cost, seamless splicing, creative and interactive display. Also, some LED screen manufacturers are cooperating with LCD manufacturers, to develop micro LED display screen market.
The develop trend of small pixel rental LED display screen market.
According to the application, small pixel LED screens can be divided into TV studios use, security and protection monitoring use, commercial display use, public and retail use. The largest growth potential aspects are commercial display, public display and retail display, small pixel rental LED screes will replace the traditional DLP and LCD screens step by step.