LED display manufacturers overseas survival status

Led video wall 

Looking back, China's LED display industry has been on an export journey for more than a decade, but the sudden outbreak of the epidemic has dealt a heavy blow to the foreign trade business of LED display manufacturers. LED inside, the optoelectronics research division of TrendForce, pointed out that in 2020, the global LED display market was affected by the epidemic, with the overall output value reaching only US$5.53 billion, a year-on-year decrease of 12.8%, with the most obvious decline in demand in Europe and the United States.

Today, how is the overseas business recovery of LED display companies?

1.LED screen companies decisive battle overseas: focus on fine pitch and expand new application scenarios.

2. Overseas markets are gradually recovering, and LED screen companies are seeing revenue growth.The arrival of the epidemic has disrupted the development of LED screen companies, which are facing great challenges in risk management, cost management, and supply chain management.

3. The overseas environment is complex, and LED screen companies are still under pressure

Although the overseas market is recovering, LED screen companies still face many pressures in developing overseas markets.

At present, the LED display market is extremely vast.We believe that as Chinese LED screen companies further establish their advantages in price, quality, brand and other aspects, Chinese LED screen companies will gain more voice in the international arena and demonstrate Chinese strength in more application scenarios.