Recently, the international authoritative research institution Futuresource Consulting released the latest global LED display market survey report "GLOBAL LED DISPLAY MARKET REPORT". The report showed that Leyard has continuously ranked first in the global market share of LED display products for seven years, ranking first in small pitch products, indoor LED products, and achieving a seven-consecutive championship! Leyard also ranked first in the global market share of fixed installation LED products. In addition, driven by the global retail digitalization trend, Leyard dominated the global LED display retail vertical market in 2022.
In 2022, the global LED display industry showed a strong growth momentum. According to the Futuresource report, the global LED display market reached 8.5billionin2022,representingayear−on−yearincreaseof10.69.3 billion. The five-year forecast shows that by 2027, the compound annual growth rate (CAGR) will reach 17.4%, and the market size will increase to $20.8 billion. As a national manufacturing champion in a single field, Leyard is confident about the future development of the display industry.
When analyzing the differences among domestic LED brands, the Futuresource report pointed out that Leyard is a true Micro LED innovator driven by domestic efforts. According to another market survey report "GLOBAL TRUE MICROLED DISPLAY MARKET REPORT" released by Futuresource, Leyard provided a large number of cutting-edge technological supports for the standardization of Micro LED industry technology and processes. In October this year, Leyard was listed as a core participating unit of "2023 Mini/Micro LED Direct Display Industry White Paper", and participated in the development of industry standards and specifications. In September, Leyard's P0.9 pitch Micro LED movie screen (3.8 meters long and 2 meters high) was officially certified by DCI, becoming the world's first cinema-level Micro LED product; so far, Leyard has become the LED movie screen brand with the most DCI certifications (4 self-developed models), the most types, and the world's first cinema-level Micro LED product. In April, Leyard and Saphlux jointly released the world's first 4K 162-inch QLED direct display screen, which was the first to apply quantum dots to large-size Micro LED direct display screens. Quantum dot technology has won honors, and in October this year, the 2023 Nobel Prize in Chemistry was awarded to three researchers who made pioneering contributions in discovering and synthesizing quantum dots. A series of authoritative industry certifications are not only a recognition of Leyard's excellent technological innovation capabilities, but also an encouragement and inspiration for Leyard to continuously promote industry development through innovation.
With nearly 30 years of research and development in the field of display, Leyard relies on self-research, collaborative development and other methods to continuously provide innovative display solutions for various industries, empowering thousands of industries and promoting innovative development of the global display industry. Original LED small pitch and Micro LED ultra-high definition display products are popular around the world. In the future, Leyard will continue to adhere to the brand concept of "let the world see", and rely on cutting-edge technological innovation, product innovation, and solution innovation to make Chinese national brands go global and let "Chinese screens" shine on the world stage.
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