LED small pitch has gradually emerged in recent years, favored by advertising, entertainment, conferences and other industries. The data show that the number of LED small pitch public bidding projects from January to June 2023 reached 8039, an increase of 57.0% over the same period last year. Among them, 2,300 projects were awarded in June, an increase of more than 80% year-on-year. This substantial increase in data not only highlights the steady growth of market demand, but also reflects the continued fierce market competition.
The LED small pitch market showed a clear trend of project number growth in the first half of 2023. According to the data analysis, from January to June, the number of winning projects increased month by month. In particular, June set a record of more than 2,300 winning projects, an increase of more than 80% year-on-year. This shows that the growing trend of market demand is continuing, attracting more players.
As can be seen from the growth in the number of projects, the demand for LED small pitch market has increased significantly. More and more industries are beginning to recognize the advantages of LED small pitch, such as high-definition picture quality, flexibility, customization, etc., so as to actively use LED small pitch products to meet their own communication needs. Especially in the fields of advertising, entertainment, conferences, etc., the application of LED small-pitch products is more and more extensive, which has driven the continuous growth of market demand.
The continuous growth of market demand has also brought about the intensification of competition. With the prosperity of the LED small pitch market, more and more enterprises are participating in the competition to compete for market share and project resources. This fierce competition has driven a growing number of projects, providing clients with more choices and opportunities. In the competition, enterprises continue to optimize product quality and service level to meet customer needs, so as to win more projects.
The LED small pitch market showed a strong growth trend in the first half of 2023, and the number of projects showed a steady growth trend. The data showed an increase of 57.0% over the same period last year, and the number of projects increased month by month, especially reaching a peak in June. This not only reflects the market demand for LED small pitch products continues to grow, but also reflects the continued fierce market competition. In the future, with the further upgrading of technology and the expansion of application scenarios, the LED small pitch market is expected to continue to maintain stable growth, bringing more opportunities and challenges to the development of the industry. At the same time, enterprises need to strengthen the sense of competition and innovation ability, and constantly improve product quality and service level to better meet market demand and obtain more project opportunities.
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DECENT Technology is a leading global supplier of LED display screens, providing customers worldwide with comprehensive solutions for the research and development, manufacturing, engineering installation, and after-sales service of high-end LED display equipment and display control systems. At present, it has developed into a national high-tech enterprise with over 1300 employees and more than 400 authorized national patents. The company has successively obtained safety production license, steel structure construction qualification, system integration qualification, third level professional contracting for building mechanical and electrical installation engineering, and second level professional contracting for electronic and intelligent engineering.
DECENT Technology is positioned as "core technology oriented" and has deeply cultivated and worked in the LED industry. It has established numerous marketing centers, offices, and after-sales service outlets worldwide. The company's products are distributed in more than 200 countries and regions, and has accumulated over 40000 classic cases. The strong comprehensive strength has made Lianjian Optoelectronics the preferred brand among the Fortune Global 500 companies such as Sinopec, PetroChina, Tencent, Alibaba, Huawei, and Abbott.
Since its establishment, DECENT Technology has accumulated 10 industry-leading technologies and 43 innovative "black technology" technologies; And we have developed six product lines, including professional display, universal display, conference display, commercial display, outdoor display, and rental display, which are applied in multiple scenarios such as command and monitoring, commercial display retail, broadcasting and broadcasting, outdoor advertising, sports events, and stage performances. The product quality maintains a leading position in the industry.
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