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Leyard LED Displays Ranked First in the Global Market for Six Consecutive Years

2022.09.23

In September 2022, Futuresource Consulting, an international authoritative research institute, released the latest global LED display market research report "GLOBAL LED DISPLAY MARKET REPORT". The report shows that Leyard has ranked first in the global LED display displays, small-pitch displays, and indoor LED displays in terms of market share for 6 consecutive years. In addition, the market share of Leyard's fixed-installation LED displays has once again won first place in the world.

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Source: The latest global LED display market research report released by Futuresource Consulting

The global LED display industry will fully recover in 2021. According to the report, the total global LED display market will reach US$7.6 billion in 2021, a year-on-year increase of 19% over 2020. The global LED market size is expected to reach US$9.4 billion in 2022 or a year-on-year increase of 22%. Futuresource forecasts that the market will reach $19.5 billion by 2026, growing at a compound annual growth rate of 21% between 2021 and 2026.

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Source: The latest global LED display market research report released by Futuresource Consulting


From the independent research of the first LED full-color displays in 1998 to the original and named LED small-pitch technology in 2010; from the first to promote the mass production of MicroLED technology in 2020 to the global release of "the Black Diamond Series" in 2022, Leyard's three technological innovations have promoted the rapid and high-quality development of the global LED displays industry.

 

With the wide application of big data and the Internet of Things and the accelerated development of the digital economy and smart cities, the entire smart display industry is developing rapidly.

 

As a global leader in visual effects technology, Leyard continues to promote the industrialization of cutting-edge technologies, not only in the development of 5G+8K ultra-high-definition display but in the construction of Metaverse ecology.

 

Innovation is the inexhaustible driving force for the development of Leyard. Relying on major breakthroughs in core technologies such as massive transfers,driver ICs and ASIC control chips, Leyard has achieved independent development and production of the entire industry chain.