Industry Analysis of Upstream and Downstream Industry Chains of Color LED Screens

Analysis of the upstream and downstream industry chain of color LED screens. Color LED screens belong to the display equipment at the end of the industry chain. They are directly facing advertising companies, engineering integrators or direct users. There are many upstream industries of color LED screens, such as the initial luminous Chips, midstream packaging manufacturers and driver chips are the core raw materials for color LED screens. Of course, there are also LED control systems, power supplies, cabinets, connectors, etc. Next, we will focus on the development trend of the core supply chain business circle of color LED screens. A brief introduction. According to the latest research report "2018 Global Display and Micro Color LED Screen Market Outlook" by the LED Research Center of TrendForce, due to the impact of the global economic recession, the overall growth of the global color LED screen market is limited, and the market demand for traditional displays is declining. situation. However, due to the development of high-definition color LED screens in recent years, the display market demand has been opened again. In 2017, the global color LED screen market size was 5.092 billion US dollars, of which indoor high-definition (≤P2.5) experienced a rapid growth in the past few years. After development, it will continue to grow. The market size in 2017 was US$1.141 billion, and the CAGR is estimated to reach 12% from 2017 to 2021.

Development Trend In response to the market trend of pitch shrinkage, LED manufacturers are developing towards three major technologies, including COB high-definition LED products, QD phosphors to RGB high-definition display technology and Micro color LED screens. The advantages of Micro color LED screen products include the following: wider viewing angle, higher contrast, better picture quality, lower cost, and seamless splicing. At the same time, it can be seen that traditional display manufacturers and LCD manufacturers expect to enter the Micro color LED screen market through alliances and cooperation.

Prospects for the development of driver chips The display IC market still maintains rapid growth, reaching US$212 million in 2017. According to LEDinside's survey, the top five display driver IC manufacturers are Macroblock, Chipone North, Suzhou Riyuecheng, Mingwei, and Mingyang, accounting for 92% of the market share. Lamp Beads Market Trend The output value of the color LED screen market reached US$1.63 billion in 2017, and is expected to reach US$1.94 billion in 2021. The growth rate of high-definition display screens has slowed down, but it is still the main force driving demand for display LEDs.

According to LEDinside's survey on the revenue of global color LED screen manufacturers, the top five manufacturers are Mulinsen, Nationstar, Everlight, Jingtai, and CREE. In addition, the revenue of the top five display LED chip manufacturers (only for export chip manufacturers) is Sanan, Epistar, HC Semitek, Silan Mingxin and Qianzhao Optoelectronics. Development Trend of Color LED Screens In 2017, the global market size of color LED screens was US$5.092 billion, among which indoor high-definition (≤P2.5) will continue to grow after experiencing rapid development in the past few years. The market size in 2017 was US$1.141 billion , it is estimated that the CAGR will reach 12% from 2017 to 2021.

According to the application scenarios of high-definition color LED screens, it can be roughly divided into broadcasting applications (studios), security monitoring (security and monitoring centers), commercial displays (including commercial exhibitions, exhibitions, and company conference rooms, hotel conference rooms, cinemas) etc.), public and retail (mainly referring to outdoor displays, airports, subways, and retail applications) in four categories. The most potential growth in the future is commercial display, public and retail, which will gradually replace traditional DLP and LCD. In 2016, the global color LED screen market size was US$5.001 billion, and the top eight manufacturers accounted for 38% of the global market share.

Among them, the global high-definition color LED screen market size in 2016 was 854 million US dollars. According to the revenue of manufacturers, the top seven manufacturers are all Chinese manufacturers, and Daktronics ranks eighth, and the leading effect is very obvious. The top eight Manufacturers account for 78% of the global market share. LEDinside predicts that the global high-definition color LED display screen market will continue to maintain rapid growth in 2017. .