According to the latest report from LEDinside, a division of the market research firm TrendForce, Micro LED Next Generation Display Industry Market Report- 2Q17 Micro LED Display and Fine Pitch Display Technology, The application of fine-pitch LED display roughly covers four fields, including studio (15%), security control room (16%), commercial display (40%) and public and retail application (29%). In the case of more competitors joined, the profit margin of fine-pitch display market will be eroded to some extent, and the fine pitch LED display market scale is expected to increase from USD 1,141 million in 2017 to 1,770 million in 2021, achieve CAGR of 23% during 2015-2021.
At CES 2017, Japanese giant SONY was in the limelight due to the launch of its CLEDIS display, which has since redefined the Micro LED landscape. Kaz Hirai, SONY’s CEO, stated that this new canvas is the ideal replacement for existing fine-pitch LED video walls, which are used mainly in car dealer showrooms and museums that require large-scale displays with high resolution. Moreover, the advantage of Micro LED display includes wide view angle, high brightness and contrast, superior picture quality, and perfectly seamless Image.