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15
2023
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05
How big a market and opportunity will the Chinese electronic display market generate under the global consumption upgrade?
With the continuous progress of technology, the electronic display material market is rapidly developing. From traditional CRT displays to liquid crystal displays, and now to OLED displays, the development of display technology has been driving the growth of the electronic display material market. According to relevant data, the global electronic display material market size in 2018 was 250 billion yuan, and it is expected to reach 330 billion yuan in 2020 and 500 billion yuan by 2025. It can be seen that the development potential of the electronic display material market is enormous, and the market prospects are broad.
With the rapid development of technology and the increasing demand for consumer electronics, the demand for components in corresponding end products is gradually increasing. The upgrading of new demands naturally leads to technological innovation. Currently, technological innovation in the electronic display material market mainly focuses on high definition, high contrast, high brightness, low power consumption, and other aspects. Therefore, enterprises and institutions in the industry need to continuously research technology and explore new electronic display materials to meet people's demand for high-quality displays.
With the resurgence of demand in the later stages of the epidemic, the demand for LED display screens has gradually rebounded, benefiting from technological upgrades and demand growth such as 5G and 4K/8K ultra high definition displays, bringing new opportunities for the development of the LED industry. As one of the hundreds of billions of dollars in electronic information industry, new displays are a key development direction in the era of informatization and intelligence. According to the data released by the World Display Industry Conference, the revenue of the new display industry in Chinese Mainland has increased year by year. In 2021, the revenue of the new display industry in Chinese Mainland will reach 586.8 billion yuan, which has exceeded the expected goal mentioned above.
In the future, the electronic display material market may exhibit the following trends:
1. Rapid development of OLED technology
OLED is one of the most advanced display technologies currently, with advantages such as uniform luminescence, bright colors, high contrast, energy conservation, and environmental protection. In the future, with the continuous innovation and application of OLED technology, its market share in the electronic display material market will gradually increase.
2. Popularization of 8K display technology
8K display technology is an emerging display technology with a resolution of 7680 × 4320 pixels is currently one of the highest resolution display technologies on the market. In the future, with the popularization of 8K technology, high-definition displays in the electronic display material market will gradually become popular.
3. Application of intelligent display technology
With the development of artificial intelligence, Internet of Things and other technologies, intelligent display technology will become an important trend in the future electronic display material market. In the future, Smart Display, wearable devices and other intelligent products in the electronic display material market will gradually increase.