LED Display Market Will Usher in a Big Explosion in 2022

“Thousands of Displays in Hundreds of Cities” Initiative

On October 19, 2021, six major national bureaus in China jointly issued a notice to launch the “Thousands of Displays in Hundreds of Cities” Initiative. On January 10, 2022, the same key national bureaus re-issued the notice of the implementation guidelines for the Thousands of Displays in Hundreds of Cities” Initiative.

The initiative is guided by pilot demonstration projects. By guiding the transformation of domestic large displays in China into 4K/8K ultra-high-definition displays, it enriches ultra-high-definition video and audio service scenarios and accelerates the integration of ultra-high-definition video and audio in various aspects. Innovation and development give birth to new technologies, new breakthroughs, and new models.

5G+8K, AR/VR, artificial intelligence, naked-eye 3D enables the LED display to shine

The much-anticipated opening ceremony of the Beijing Winter Olympics in 2022, the "sparkling" floor screen, the big snowflakes, the five rings, the dove of peace, the ice waterfall... These new visual technologies that shine with the light of the future are all the results of LED technological innovation.

LED displays have gained huge opportunities with 14th Five-Year Digital Economy Development Plan introduced

The large LED display is one of the carriers of data visualization and can display comprehensive information and convey information in multiple departments and regions. The digital upgrade of government departments and enterprises is gradually advancing, which in turn drives education, culture, public services, transportation facilities, and urban landmarks to continue to grow.

Diversified transformation is accelerated, and various special-shaped LED displays are innovatively developed

In recent years, the traditional LED display manufacturing technology has become more and more mature, and the industry competition has become increasingly fierce. Enterprises in the LED display market have extended to the downstream applications, innovated the "manufacturing + operation" model, and sought diversified growth points. In the future, some advantageous enterprises will rely on their advantages in specific segments to extend to the upstream and downstream of the industrial chain, transform the "manufacturing + operation" model, create new profit growth points, and strengthen their competitive advantages.

The "14th Five-Year Plan" for the development of Chinese films, with the total number of screens in 2025 exceeding 100,000

The rising demand for cinema screens will provide a broader development for the entry of LED displays.

The LED screen has great potential for Metaverse

The recent Metaverse hit means markets worth billions are about to open. In fact, in the world of the Metaverse, LED displays are very promising. Interactive technology is the focus of the LED industry in the concept of the Metaverse. VR, AR, MR, holographic projection technology, brain-computer interaction, sensing technology etc., will all become opportunities for the development of LED companies.