With the boom of building smart cities in China, as the core components of urban operation, public security, transportation, civil air defense, energy and justice will continue to demand high-definition and visualization of data. At present, visualization solutions have been successfully applied in many scenarios, such as intelligent public security, intelligent transportation, intelligent civil air defense and intelligent emergency response. In the overseas market, the demand for high-end conference rooms, exhibition halls, flagship stores and exhibitions of high-end retail stores is still strong. With the help of good brand advantages and perfect sales service system advantages, the overseas market is constantly exploited.

     On the development trend and characteristics of small spacing industry, this paper analyses from the following three aspects.

     1. Small spacing commercial display market penetration is increasing. In the context of interconnection of all things and intelligent city, the function of LED display is no longer limited to "one-way transmission", but to "intelligent interaction" stage. The display screen will become the core of human-data interaction, bringing scene-based and immersive experience to users. With the continuous innovation of products, the continuous reduction of costs and the continuous upgrading of interaction, small spacing LED has developed rapidly in the commercial display application fields such as conference rooms, education, shopping malls and cinemas.

     2. Point spacing is shrinking, and Mini LED display has entered the era of mass production. With the gradual increase of consumers'demand for display effect and the further decrease of cost, the products under P1.2-P1.6 and smaller distance P1.1 will have growth momentum in the coming years. It is estimated that the annual composite growth rate will reach 32% and 62% respectively in 2018-2022. With the increasing maturity of Mini LED technology and the decreasing cost, in the future, Mini LED will gradually be applied in commercial and even civil fields.

     3. The market competition is gradually changing to the competition of comprehensive strength such as technology, quality, brand and service. After years of development, the domestic LED display industry has entered a new stage of development. From the beginning of extensive competition to the competition of comprehensive strength represented by capital and technology, the competitive factors of comprehensive strength and brand are gradually strengthened. In the future, with the development of the industry, enterprises with strong brand influence and comprehensive service capability will enjoy higher brand premium, get more recognition from customers, and market share will be further concentrated to the dominant enterprises.

Source: Huicong LED screen