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The compound market growth rate of LED glass curtain wall application market is expected to reach 24.8%(2)

39 views admin 2020-03-02

Market development analysis

 
LED curtain display

The overall Chinese glass curtain wall application market is large, but subject to national policy standards, the actual application expansion has resulted in less than 1% utilization of advertising space. The main types of products used in the glass curtain wall application market are laser projection, OLED transparent screens, photoelectric glass, LED transparent screens, and LED light bar screens. The LED glass curtain wall application market is still in the exploratory stage due to the late start of the development of LED displays in this field, and has not formed a large-scale comprehensive production and application. The small number and scale of manufacturers involved in this market results in low raw material bargaining power, resulting in high costs, coupled with immature products, which require frequent technical research and development and product update iterations, resulting in lower overall market application penetration . The market size of the LED glass curtain wall screen application market in 2019 is 1.93 billion yuan, a year-on-year growth rate of about 18.5%. The LED glass curtain wall application market is an emerging market, with a small number of manufacturers and relatively small scale. At present, some small-scale enterprises provide OEM business for some large-scale integrated LED display manufacturers, or expand their business through acquisitions and acquisitions.

LED curtain display

The LED glass curtain wall reduces the light pollution to a large extent, and is installed inside the building, reducing the risk of falling off. Compared with LED outdoor advertising screens, it is more convenient and safe in terms of maintenance and replacement, and the government and industry have not yet issued relevant standards and policies. It is easier to get approval in the market. With the maturity of product technology application development, application types continue to diversify and display effects continue to be optimized, LED glass curtain walls will be widely used in bustling streets, shopping malls, landmark buildings, event centers, etc. The market development prospects are very broad. It is expected that 2020 ~ The compound growth rate in 2023 will reach 24.8%.

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