Five consecutive championships! Leyard once again ranks first in the global market share of LED display products

In August 2021, Futuresource Consulting, an authoritative international survey and research organization, released the latest global LED display market research report "GLOBAL LED DISPLAY MARKET REPORT". The report shows that for five consecutive years, Leyard has ranked first in the global market share of LED display products, first in the market share of small-pitch products, and first in the market share of indoor LED products. The data is consistent with the results of TrendForce’s research released earlier.

Affected by the epidemic in 2020, the global LED display market totaled US$6.3 billion, a year-on-year decrease of 10% from 2019. However, the LED display industry has a bright future. Futuresource predicts that it is expected to achieve 16% year-on-year growth in 2021, slightly higher than the value in 2019; there will be a full recovery in 2022, with another 30% year-on-year growth; by 2025, the market will reach 16.1 billion US dollars, and the recovery from 2020 to 2025 The combined annual growth rate reaches 20%.

Based on the forecast, we are confident in the prospects of the LED display industry. For 26 years, Leyard has maintained a leading position in the field of small-pitch LED displays and leads the pack in the large-scale LED display market.

In recent years, with the accelerated commercialization of Micro LED, it has brought about the general trend of revolution in the display industry. As a pioneer in Micro LED display technology, Leyard has outstanding technical advantages in the field of Micro LED.

In 2020, Leyard and Epistar Optoelectronics jointly established Lijing Microelectronics to build the world's first Micro LED mass production base in Wuxi, focusing on deeply exploring the display field and continuing to tackle new audio-visual technologies.

In 2021, the Micro LED display application projects of National Energy, Saudi Arabian Oil, and a Russian bank that Riyadh participated in have all been delivered for use, with good user feedback and high ratings.

In June of the same year, Leyard officially released the full range of Planar brand Micro LED products. Use large TVs to complete the consumer market layout. This series of results has boosted Leyard's confidence in continuing to accelerate breakthroughs in Micro LED display technology and market applications. At the same time, Leyard is also promoting the research and development of Micro LED products with pitches below P0.4 and AM drive, and insists on exploring the application of Micro LED in various fields.