Fine Pitch LED Displays (Below 2mm） Market Summary
Fine pitch LED displays are characterized by their small pixel pitch, which refers to the distance between adjacent pixels on a display. A smaller pixel pitch creates a higher pixel density and, therefore, greater image clarity and detail. This allows for the display of high-resolution content, making fine pitch LED displays ideal for showcasing intricate graphics, text, and videos.
According to the new market research report “Global Fine Pitch LED Displays (Below 2mm) Market Report 2023-2029”, published by QYResearch, the global Fine Pitch LED Displays (Below 2mm) market size is projected to reach USD 5.38 billion by 2029, at a CAGR of 9.1% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Fine Pitch LED Displays (Below 2mm） include Shenzhen CLT, Shenzhen Clear-LED, Vcan, Zhejiang DGX, Unilumin, Neoti, Daktronics, Leyard Optoelectronic, Ledman, Barco NV, etc.
In 2022, the global top five players had a share approximately 57.1% in terms of revenue. Above figure shows the key players ranked by revenue in Fine Pitch LED Displays (Below 2mm）.
Market Drivers: Small-pitch LED displays are composed of tiny LED chips with high pixel density, which can provide very high resolution and clarity. This allows text, pictures or videos to be displayed in very fine detail when viewed at a small distance.
High brightness: The small-pitch LED display uses high-brightness LED chips and transparent brightness adjustment technology, which can display clear images under strong light without problems such as flickering and distortion.
High contrast: Since the brightness of each pixel can be controlled individually, the contrast of the small-pitch LED display is very high. It can show the extreme differences between deep blacks and bright whites, making images more vivid and vivid.
Energy saving and environmental protection: The small spacing LED display adopts LED lighting technology, which can significantly save energy compared with traditional lighting and display technology. In addition, LED chips have a long life and can reduce environmental pollution.
Stable display effect: Because the LED chip adopts an all-solid structure and is not affected by mechanical and chemical factors, the small-pitch LED display has high stability and reliability. Even after long-term use, its display effect will not show obvious attenuation and deformation.
These product advantages have made small-pitch display screens the focus of manufacturers' layout and technological innovation. It is expected that with the economic recovery and the promotion of consumer policies, the small-pitch display market will resume a relatively stable growth trend.
Among them, COB small-pitch display technology solves the shortcomings of SMD discrete device LED small-pitch display technology. It is an innovative technology that integrates LED packaging and LED display and has very obvious technical advantages. As the mainstream small dot pitch in the market moves towards P1.2 or smaller dot pitch, display products under the COB small spacing technology route are expected to usher in a faster market explosion.
About The Authors
| Analyst: Ran xinrong | |
| Email: ranxinrong@qyresearch.com |
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