The next five years, China's display market growth rate will exceed 8%

Irish business consulting firm Research and Markets, China display market in 2016 to 2022 years is expected to maintain a CAGR of more than 8%.

The consumer electronics sales growth, 3D and high resolution surface demand continues to rise, the demand for digital media and advertising signs of increased demand for car head up display field, and intelligent wearable device sales growth form the driving factors Chinese display market growth. Smart phones, tablet PCs, laptops and monitors, televisions and digital signage are the most critical end user groups, due to the high usage of the display in these areas.

Consumer electronics are using more and more flexible and transparent display, using the quantum dot display is increasing in the TV set, display demand growth OLED, as well as a variety of consumer electronic products of higher quality and lower energy consumption demand designated by the 7G, 8G and 10GLCD production line deployments increase, also formed the driving force of Chinese display market.

In 2015, the East China region as the leading area of the national display, mainly due to the growth of consumer demand, the promotion of urbanization, as well as manufacturers capacity expansion.

Consumer electronics continued expansion of production capacity, especially in the central and southern regions of our country, coupled with rising demand for consumer electronics and various display technologies, such as LCD, exports for Southeast Asian neighbors down the average selling price of LED and OLED caused the rise, the expected growth in the next five years Chinese speed display market.

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