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2019 Global LED Display Market Outlook

  • Author:Innotech
  • Source:Innotech
  • Release on:2018-10-24

2019 Global LED Display Market Outlook - Cinema, Rental Market and Price Trends

According to the latest research report "2019 Global LED Display Market Outlook - Cinema, Rental Market and Price Trends", with the LED display in the rental market, HDR market applications, retail department stores, conference room market demand increased, 2022 global LED display The market size of the screen will reach 9.394 billion US dollars, and the compound growth rate is estimated to be 12% from 2018 to 2022. Among them, the indoor small-pitch market size is expected to grow to 1.197 billion US dollars in 2018, with an annual growth rate of 39%, mainly due to the continuous fermentation of ultra-small spacing in the future, and its compound growth rate will reach 28% in 2018~2022.

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The indoor LED small-pitch display application scenarios can be divided into broadcast applications (sports halls), security monitoring, corporate and education (company conference rooms, schools and training institutions, etc.), retail (high-end retail, shopping centers), There are six categories of public areas and transportation (airports, subways, plazas, etc.), hotels and theaters (hotels, theaters and other cultural and entertainment venues). It is estimated that retail (high-end retail, shopping malls) and hotels and theaters (hotels, theaters and other cultural and entertainment venues) will grow significantly in 2018.

With the maturity of the small-pitch display technology, the outdoor display has a tendency to gradually develop toward a small pitch (P3.0 ~ P4.0), towards a refined development. Due to the low base, the market size is about 521 million US dollars in 2022, and the CAGR will reach 35% from 2018 to 2022.

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HDR display application market includes cinemas, home theaters, bars and theme parks

The three major development trends in the cinema market include the replacement of old equipment, the differentiation of market and products, and the effective management of operations and funds.

The laser source will have the opportunity to enter the light source replacement market. The laser source has advantages in brightness, product life and color saturation. The 30,000lm 4K RGB laser projector will become the key product of the five-year high-end projection market.

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The new cinema installation market emphasizes market and product differentiation positioning, and high-end cinemas emphasize high quality and immersive audio and video effects. In terms of image display, high-definition cinemas will be the market for projector manufacturers and LED display manufacturers. Compared to the 4K RGB laser projection solution, the price of LED display products is higher and the future trend is likely to be highly refined towards P1.9.