The development momentum of LED all-in-one machines continues unabated, and the 500 billion incremental market needs to be tapped!

Recently, judging from the financial reports released by various listed companies in the industry, the development momentum of the conference and education LED all-in-one machine market has not diminished in the first half of the year. This is mainly due to the rebound in demand for remote office education at home and abroad. The LED all-in-one machine integrates many conference room office equipment such as projectors, electronic whiteboards, screens, speakers, TVs, computers, etc., so that it can be used for multiple purposes. Simplifying the complex makes the conference room environment more concise and comfortable, and does not take up space; at the same time, the display characteristics of high definition, high brightness, and high contrast solve the shortcomings and limitations of traditional projector equipment's excessive reliance on light in display. During the epidemic, cross-space transmission of live conference audio, video and screen writing content can be realized through the Internet, perfectly interpreting remote video conferencing. Unlimited seamless splicing and customization features allow the LED all-in-one machine to be used freely.

MAXHUB LED all-in-one machine
After several years of market cultivation and the stimulation of the epidemic, LED all-in-one machines have developed rapidly in education, conferences, medical and other fields. At present, it is favored in some colleges and universities and K12 education fields; the large conference room market has become the mainstream of promotion, and is gradually replacing some projectors and LCD conference markets; in the medical field, LED all-in-one machines are also deeply penetrating. Currently, most LED display companies have deployed LED all-in-one machines. At the same time, LCD companies, home appliance companies, security companies, etc. have also begun to deploy. At present, LED all-in-one machines are mainly used in medium and large sizes, and the price is between 2About 00,000 yuan/set.
Domestic demand for LED all-in-one machines in the conference, education, and medical fields exceeds 500 billion!
Last year, 3.9k units of LED all-in-one machines were sold, with total sales of 930 million yuan. DISCIN believes that LED all-in-one machines will usher in rapid development in 2023, and shipments are expected to exceed 40K by 2026, with obvious future growth potential.
It is reported that there are about 100 million conference rooms in the world, and China is expected to have more than 20 million, of which 5% are large and medium-sized conference rooms exceeding 100 square meters. This is a huge potential market. With the help of the Internet of Things, artificial intelligence, 5G, and 8K technologies, all-in-one conference machines will inevitably become the new favorite of conference rooms, and will also become a new market for LED display companies to increase revenue and profits. If 50% of China's large and medium-sized conference rooms install LED conference all-in-one machines, based on the current market price of 200,000 yuan/unit, that is a market demand of 100 billion yuan.


Alto Electronics SID Intelligent Conference All-in-one Machine
In the field of education, China also has a market worth over 100 billion. According to the website of the Ministry of Education, the 2021 education statistics show that there are 529,300 schools at all levels and types across the country. From colleges and universities to basic education, classrooms, conference rooms, lecture halls, laboratories, etc. all have demand for LED all-in-one machines. Even if each school installs 2 LED all-in-one machines, the market size is 212 billion yuan..
The medical field is also a huge emerging market. According to data released by the National Health Commission, as of the end of April 2021, the number of medical and health institutions nationwide was 1.028 million. If conditions permit, almost all hospitals will also have demand for LED all-in-one machines. If a medical institution buys one, the market size will be 200 billion yuan.
This does not include other scenarios, such as command centers, security monitoring, exhibitions, radio and television studios and other application scenarios, as well as overseas markets, so the market demand for LED all-in-one machines is very large and needs to be jointly developed by everyone.
LED all-in-one machine industry layout
It is precisely because of the broad market demand for LED all-in-one machines that companies including CVTE, Leyard, Unilumin, Absen, Alto Electronics, Ledman, Lianjian, BOE, Hikvision, Hisense, TCL and other companies are involved in this field. In the first half of the year, CVTE’s education business (seewo) achieved operating income of 1.697 billion yuan. Leyard's all-in-one conference machines generated revenue of 162 million yuan, growing rapidly compared with the same period last year. In the first half of the year, Absen's conference business achieved operating income of approximately 45 million yuan and contract signings of approximately 53 million yuan. The number of contract signings has returned to approximately 115% of the pre-epidemic level in the same period in 2019. The newly signed contract value of Alto Electronics is approximately 51 million yuan, and it has provided solutions and products to more than 50 government, enterprise and university customers at home and abroad, including Shenzhen Luohu District “Digital Government” project, Hong Kong Polytechnic University, and China University of Geosciencesand other government, enterprise and university projects. Since the market structure of LED all-in-one machines has not yet been truly formed, various brands will have opportunities to seize the lead in the future.

The future will develop in the direction of micro-pitch, 3D and other technologies
As chips continue to be miniaturized, the spacing of LED all-in-one machines is also constantly shrinking. The smaller the chip, the higher the definition and the better the display effect. At present, the LED all-in-one machines on the market are mainly small-pitch, but some companies have launched Mini/Micro LED all-in-one machines, such as Ledman, Leyard, Chuangxian, Hisense and other companies have launched Micro LED all-in-one machines. In the field of Mini LED all-in-one machines, there are countless, such as BOE, Unilumin, Alto Electronics, etc.

Weizhen Display Microcrystalline 3D LED all-in-one display system-WZ163PRO
With the advancement and development of 3D and other technologies, LED all-in-one machines can integrate many technologies and have more and more functions, bringing infinite convenience and high-quality experience to people's technological life. Last year, during isle, Weizhen Display demonstrated an award-winning microcrystalline 3D LED integrated display system - WZ163PRO, which uses 3D technology. When the audience wears VR glasses prepared in advance, they can easily experience the 3D text, picture and video display effect, which is very shocking and exciting.
In addition, LED all-in-one computers will also develop towards thinner and lighter products. Currently, most LED all-in-one machine bodies can reach around 25mm. Reducing complexity into simplicity has always been a dream pursued by the design community. The SID intelligent conference all-in-one machine recently launched by Alto has a cabinet thickness of only 19.8mm and a narrow frame of only 6mm, which can be perfectly integrated into the overall environment of the conference room.
High cost is a stumbling block that hinders the popularization of LED all-in-one machines
High selling price is one of the main factors restricting the development and popularization of LED all-in-one machines. Among the raw materials of LED all-in-one machines, dense chips or lamp beads account for the highest proportion, and their costs are currently generally high. In addition, cabinets, LED circuit boards, driver ICs, control systems, power supplies, etc., without sufficient shipment volume, the price of finished products is difficult to meet most market demands in a short time.
It is worth mentioning that during June 18 this year, Leyard launched a 2K 135-inch LED all-in-one machine, priced at 9,999 yuan. As for high-end all-in-one machines, the highest price tag of Ledman Micro LED all-in-one machine exceeded 2 million yuan. Market applications are forming a diversified demand pattern. With the advancement of packaging technology and the continuous maturity of small and fine pitch mounting and packaging technology, according to market laws, LED all-in-one machines will usher in an explosive period at a certain time and price point.