The next five years, LED display shipments will grow by up to 16%!

Market research firm IHS research pointed out that in 2015 the overall market for direct viewing LED video shipments grew 15.6% over the same period last year. However, overall revenue grew by only 1.2% in 2015, mainly affected by the decline in the price of all pixel spacing category. 2016-2020 years, direct viewing LED video class unit shipments are expected to maintain a CAGR of 16%.

Digital technology and professional display signs IHS director SanjuKhatri said: "the trend of application of LED technology and other video industry is slightly different, because of its less in the field of commercial signs and education projects in these areas, users more inclined to adopt front projection and LCD projector. LED video popular applications in retail, outdoor sports and public places. In public places, retail, control room and corporate signage as the representative of the indoor application is showing a growing trend. "

In 2015, 1.99mm small spacing LED achieved a growth of 366%, 2mm to the 4.99mm class to achieve a 129% growth, the rapid growth of the two main categories, the vast majority of the increase is attributable to a small spacing LED the latest technology. Although slower than in 2015, these two types of strong growth is expected to continue in 2016, is expected to 1.99mm the following categories shipments will grow by 84.8%, 2mm to 4.99mm category will grow by up to 77.1%.

IHS is expected to move toward smaller spacing speeds, which will significantly slow down in the short term, primarily limited by the current LED package size limits. Currently the narrowest pixel spacing LED video display for Lyad in September 2015 launched 0.7mm products. 1mm products and 1.2mm-1.9mm products have reached more than two times the price difference, so the following 1mm products in the video wall installation rarely used. Zhou Ming, Alto, Riyadh and other big brands will display large size below 1mm for product positioning in the retail store, control rooms, conference rooms, airports and other indoor applications.

In the long run, the industry is in a new way of packaging - chip on board (COB) to replace the traditional surface mount devices (SMD), especially small spacing LED. Khatri pointed out: COB can achieve higher LED packaging density, LED compact arrangement, can achieve higher thermal efficiency, cost-effectiveness and durability. LED video display market will usher in the rapid growth of COBLED. "

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