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Leyard and Unilumin Dominate Global Small Pitch LED Display Market - QYResearch Report

Author: QYResearch  |   Published Date: 2021-04-12   |   Views: 53



The pitch of a LED screen defines the distance between the pixels. Small Pitch LED Display refers to the pixel pitch of LED Display which is below 2.5mm, including P2.5, P2.0, P1.8, P1.5 P 1.2, P 1, P 0.7, etc. With the development of LED display, it has been defined the pixel pitch below 2mm as the small pitch LED Display.

The industry is concentrated as the two leading companies, Leyard and Unilumin dominate the market. In 2020, Leyard owned 31.92% production share while Unilumin accounted for 21.97% production share.

Apart from the two companies, Liantronics, Absen, Qiangli, SANSI, AOTO Electronics, Barco, Vtron, Elec-Tech International (Retop), GQY, Triolion, Kingsun Optoelectronic (Coleder), Chip Optech, SiliconCore, Christie, Samsung, are also key suppliers in the market.

With the increasingly fierce competition in the field, the LED display structure with smaller volume, stronger performance and higher reliability is becoming the goal of the small spacing LED industry. Under the market trend of point spacing becoming smaller and smaller, the limitation of reliability and reliability of existing surface mount packaging technology is gradually emerging. In the future, if the company can't follow up the advanced technology such as Mini led and COB and realize the continuous innovation of the product, the core competition of the company will be weakened, which will have an adverse effect on the future development of the company.

 

Global Small Pitch LED Display Market: Segmental Analysis

On the basis of product type, the global Small Pitch LED Display market is segmented into P2.1-P2.5 mm, P1.7-P2.0 mm, P1.3-P1.69 mm, P1.0-P1.29 mm, P1mm. The continuous pursuit of the display effect of indoor display products in the market Promote the development of LED small spacing products to smaller pitch. The pursuit of high resolution has become an important direction for the development and progress of the industry. With the further development of small pitch technology since 2017, PI.5mm small pitch LED display has become the mainstream of the industry.

In response to the market trend on narrowing pitch, LED moves toward three technologies, including COB fine pitch LED, QD phosphor reaches RGB technique, and Micro LED display. Moreover, the advantage of Micro LED display includes wide view angle, high brightness and contrast, superior picture quality, and perfectly seamless Image. Meanwhile, traditional display players and LCD players plan to enter Micro LED display market by cooperation and alliance.

 

With the rapid development of society, LED displays use is also becoming more common. Over the last decade, the usage of the small pitch LED display market has grown significantly and adoption of these display will continue to accelerate. Owing to less power consumption and high brightness owing to extensive utilization of small pitch LED display across various application segments especially in retail store, media & entertainment and meeting room among others is predicted to boost the market growth in the coming years. In addition, in the commercial application, these types display is mainly used for information distribution. Thus, the small pitch LED display market is anticipated to grow at a steady rate during the forecast period from 2021 to 2026. Furthermore, other major benefits such as compact size, low heat dissipation rate, lower maintenance expenses, and enhanced durability are also forecasting the growth of global small pitch LED display market in coming years. The revenue generated by the global fine pixel pitch LED displays market is projected to reach US$ 7.08 billion by 2026, rising from US$ 1.74 billion in 2020. The market is expected to register a 24.61% CAGR from 2021 to 2026.

 

Read More Information: https://www.qyresearch.com/index/detail/2784018/global-small-pitch-led-display-industry-research-report-growth-trends-and-competitive-analysis-2021-2027

 

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