LED display market potential is under great pressure, global LED display market outlook in 2021
LED display market potential is under great pressure, global LED display market outlook in 2021. With the increasing demand for LED displays in the rental market, HDR market applications, retail department stores, and conference rooms, the global LED display market will reach 9.349 billion US dollars in 2022. The compound growth rate from 2018 to 2022 is estimated to be 12%. It will maintain a relatively fast growth rate, among which the small spacing. display is the biggest driving force for market growth. At present, the largest commercial market for small-pitch LED displays comes from cultural and entertainment venues such as enterprises and education, high-end retail, hotels, and theaters. The penetration rate of LED displays in these application fields is not high, and there is greater growth potential to replace them in the future. Traditional LCD, DLP and projection disp...