One Hundred Billion Level Security Market, How To Make Money LED Enterprises?

Jun 22, 2021

At present, the domestic security market development is also very rapid, is an important factor to attract the giant to enter. Data from the "2020-2026 China Smart Security Industry Survey and Investment Strategy Report" released by Zhiyan Consulting shows that between 2013 and 2019, the market size of Smart Security increased from 110.05 billion yuan to 259.05 billion yuan, with a compound annual growth rate of 13.01%. Whether it is traffic guidance system, or public security management, smart city and other monitoring center command room, all need the display screen as the information carrier, for the major LED display manufacturers is a development opportunity. At present, security and other special display market is still the main field of LED small spacing application.

On the whole, security enterprises involved in the LED display business, to a certain extent, will intensify the industry competition, security leading enterprises have the scale, brand, channel and capital strength, are the traditional LED display enterprises can not compete. But the security market large and scattered characteristics, decided to win in the overall solution of the leading enterprises can not monopolize the whole market. On the contrary, LED display enterprises can play the advantage of "small ship is good to turn around", and use relatively low cost and personalized customized services to meet the different needs of the security market. It should be said that in the global security market, domestic display enterprises and Haikon vision, Dahua, Yu vision and other security leading enterprises are forming a good complementary, jointly promote the application of LED display in the security and other special display market.

The construction of smart city has also driven the huge market demand of the security market, and the renewal of old security facilities in various cities is a big market. In the next 5 years, a conservative estimate of China's security shows that the market demand in billions of levels. LED display began to set foot in the security monitoring market since the era of small spacing, which soon replaced DLP and became the first choice of security monitoring screen. With the continuous improvement of LED display to smaller spacing and IMD, COB and MINI /Micro technology, more and more excellent LED displays will be applied in the field of security in the future. The special display market, such as security monitoring, will become the testing ground for the application of new LED display technology, and will accumulate more experience for LED display enterprises to explore new application directions.

It is worth mentioning that, with the promotion of display products in the security market, it also led to the development of government affairs, commercial display and other fields, it is to learn from these successful experience, LED display continues to open up more market segments, and the whole display market cake continues to grow, and ultimately to promote the benign development of the whole industry.

In general, the future domestic and international security market scale will continue to expand, whether security enterprises or Chinese LED display enterprises will usher in great opportunities.

Professional display enterprise want to keep one's feet, it is necessary to give full play to their own advantages, based on the successful application of security market, continuously expand the surrounding market, especially in the era of "all things connected" Internet of things, led display companies to have "screen copy everything" drive to promote led display in all areas, including security application development of the market, Let the LED display industry market has also crossed the billion level mark.


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