David ZHENG is the CEO of http://www.skymaxleddisplay.com .A company specialized in selling all kinds of LED products such as Led display,Led manufacturer,Electronic signs etc.
In recent years, China has witnessed an increasing demand for displays as a result of the rapid growth for LED displays in stadiums and gymnasiums. Currently, LED displays have been widely applied in banking, railway stations, stadiums, gymnasiums and the advertisement industry. The display screen has transformed from a traditional monochrome static display to full-color video display.
In 2006, the market demand for LED displays in China was valued at 4.05 billion Yuan, an increase of 25.1% over year 2005. The demand for full color displays amounted to 1.71 billion Yuan, accounting for 42.2% of the total market. Ranked next were the dual-color displays with a demand value of 1.63 billion Yuan, accounting for 40.2% of the entire market. Monochrome displays were not expensive, and so also achieved a total revenue of 710 million Yuan.
Now with the approaching of the Olympic Games and the World Expo, more and more LED displays will be used in stadiums, gymnasiums and roadways. LED displays will be enjoying a rapid growth in application of sports squares. As the market demand for full color displays grows in the sectors of stadiums, gymnasiums, and advertisements, full color LED displays will occupy an expanding market proportion. People are predicting that the Chinese LED display market will have a CAGR of 15.1% from 2007 to 2010 and by 2010 market demand will reach 7.55 billion Yuan.
The 2008 Beijing Olympic Games will directly promote the demand for LED displays in stadiums and gymnasiums. Furthermore, the Olympic Games has high requirements for screen quality, so high-end displays will see an increase in applications, such as Led display,Led manufacturer,Electronic signs etc. As a result, the increase in quantity and quality of LED displays will drive a higher speed of development. In addition to stadiums and gymnasiums, important events like the Olympic Games and the World Expo will directly promote the use of LED displays in the advertising field. Advertising agencies at home and abroad will certainly cherish the business opportunities brought by these events, and increase their revenue from advertising displays, thus facilitating the development of the display field.
Furthermore, these important events will be accompanied by a great many large activities, and the government, the media and other organizations will probably hold related activities during the Olympic Games and the World Expo. Some of these activities may require the application of large LED displays, thus promoting the LED display market and the leasing market as well.
In addition to this, the convening of these two sessions will stimulate the demand in government sectors for LED displays. As an effective instrument in the delivery of public news, the LED display is probably adopted by more government sectors such as the transportation and taxation
departments and authorities from industry and commerce.
Stadiums and gymnasiums, and outdoor advertisements are the two largest application fields for LED displays in the Chinese market. Outside of that, LED displays are mainly utilized in some engineering projects. Generally, the LED display projects for stadiums and gymnasiums, as well as the advertising industry, are primarily paid for through open tender, while some display projects for enterprises mainly adopt bidding to accrue revenue.
Owing to the distinct properties of engineering, LED display projects often confront funding problems. As most stadiums and gymnasiums are government projects, featuring relatively abundant capital, LED display manufacturers suffer less pressure to lower the price. While in the field of advertising, another important application field for LED displays, LED display enterprises suffer strong pressure to decrease prices because project investors vary in economic strength and mainly rely on the advertising income from displays to maintain the normal operation of the company. Post investors have a lot of flexibility in advertising income from LED displays. Investors have no guarantee of sufficient funds so LED display enterprises often wrestle with funding advertising projects.
Meanwhile, there are plenty of LED display enterprises in China. Some enterprises wage price wars to seize market shares. Sometimes there have been low quotations for bids. The interindustrial pressure of competition is increasing. In order to guarantee sound development, reduce credit risk and the amount of bad and doubtful debts, some important LED display enterprises in China are usually prudential in undertaking advertisement projects.
Currently domestic LED display enterprises are dominant in the Chinese market for their greater number and lower price. Domestically-funded and produced LED display enterprises not only meet domestic market demand but also export goods to the overseas markets. In recent years, some internationally- known LED display enterprises have gradually transferred their production bases to China due to cost pressure. For example, Barco set up a production base for displays in Beijing; Lighthouse has a production base in Huizhuo; Daktronics set up their own production plant in China. As for some display enterprises like Mitsubishi, who have not yet entered the Chinese market, have also witnessed the potential development of the Chinese market and are preparing to enter into it. With the increasing number of production bases in China set up by international LED display enterprises, together with the considerable number of domestic LED display enterprises, China is growing to be the key production base of LED displays globally.
In 2006, the market demand for LED displays in China was valued at 4.05 billion Yuan, an increase of 25.1% over year 2005. The demand for full color displays amounted to 1.71 billion Yuan, accounting for 42.2% of the total market. Ranked next were the dual-color displays with a demand value of 1.63 billion Yuan, accounting for 40.2% of the entire market. Monochrome displays were not expensive, and so also achieved a total revenue of 710 million Yuan.
Now with the approaching of the Olympic Games and the World Expo, more and more LED displays will be used in stadiums, gymnasiums and roadways. LED displays will be enjoying a rapid growth in application of sports squares. As the market demand for full color displays grows in the sectors of stadiums, gymnasiums, and advertisements, full color LED displays will occupy an expanding market proportion. People are predicting that the Chinese LED display market will have a CAGR of 15.1% from 2007 to 2010 and by 2010 market demand will reach 7.55 billion Yuan.
The 2008 Beijing Olympic Games will directly promote the demand for LED displays in stadiums and gymnasiums. Furthermore, the Olympic Games has high requirements for screen quality, so high-end displays will see an increase in applications, such as Led display,Led manufacturer,Electronic signs etc. As a result, the increase in quantity and quality of LED displays will drive a higher speed of development. In addition to stadiums and gymnasiums, important events like the Olympic Games and the World Expo will directly promote the use of LED displays in the advertising field. Advertising agencies at home and abroad will certainly cherish the business opportunities brought by these events, and increase their revenue from advertising displays, thus facilitating the development of the display field.
Furthermore, these important events will be accompanied by a great many large activities, and the government, the media and other organizations will probably hold related activities during the Olympic Games and the World Expo. Some of these activities may require the application of large LED displays, thus promoting the LED display market and the leasing market as well.
In addition to this, the convening of these two sessions will stimulate the demand in government sectors for LED displays. As an effective instrument in the delivery of public news, the LED display is probably adopted by more government sectors such as the transportation and taxation
departments and authorities from industry and commerce.
Stadiums and gymnasiums, and outdoor advertisements are the two largest application fields for LED displays in the Chinese market. Outside of that, LED displays are mainly utilized in some engineering projects. Generally, the LED display projects for stadiums and gymnasiums, as well as the advertising industry, are primarily paid for through open tender, while some display projects for enterprises mainly adopt bidding to accrue revenue.
Owing to the distinct properties of engineering, LED display projects often confront funding problems. As most stadiums and gymnasiums are government projects, featuring relatively abundant capital, LED display manufacturers suffer less pressure to lower the price. While in the field of advertising, another important application field for LED displays, LED display enterprises suffer strong pressure to decrease prices because project investors vary in economic strength and mainly rely on the advertising income from displays to maintain the normal operation of the company. Post investors have a lot of flexibility in advertising income from LED displays. Investors have no guarantee of sufficient funds so LED display enterprises often wrestle with funding advertising projects.
Meanwhile, there are plenty of LED display enterprises in China. Some enterprises wage price wars to seize market shares. Sometimes there have been low quotations for bids. The interindustrial pressure of competition is increasing. In order to guarantee sound development, reduce credit risk and the amount of bad and doubtful debts, some important LED display enterprises in China are usually prudential in undertaking advertisement projects.
Currently domestic LED display enterprises are dominant in the Chinese market for their greater number and lower price. Domestically-funded and produced LED display enterprises not only meet domestic market demand but also export goods to the overseas markets. In recent years, some internationally- known LED display enterprises have gradually transferred their production bases to China due to cost pressure. For example, Barco set up a production base for displays in Beijing; Lighthouse has a production base in Huizhuo; Daktronics set up their own production plant in China. As for some display enterprises like Mitsubishi, who have not yet entered the Chinese market, have also witnessed the potential development of the Chinese market and are preparing to enter into it. With the increasing number of production bases in China set up by international LED display enterprises, together with the considerable number of domestic LED display enterprises, China is growing to be the key production base of LED displays globally.
- Related Videos
- Related Articles
- Ask / Related Q&A
- Analysis About LED Display Panel Market of China
- Analysis About Opportunities and Challenges of China's LED Display Market
- Led Display - is it Right for You?
- Electronic Signs Turn Small Messages Into Big Business
- LED Displays Having Strong Presence in Olympic Games Venues
- LED Electronic Signs Are Beginning to Replace Industrial Lighting
- Quality Printed Led Signs & Displays, Outdoor Signs, Business Signs For Quick Attention
- Large Video Screens and Light Displays for Concerts & Shows, Informational Boards for City Festivals, Electronic Signs for Mass Measures
20 Ways To Increase Your Traffic And Sales Using Free Follow-Up Autoresponder Courses
By: Tonny Tjiong | 25/11/2009An autoresponder course is a group of articles or information set up to be sent out separately over a set period of time by e-mail. People just e-mail your autoresponder to receive the free course and it is sent out automatically over time.
Fabulous collection of replica Louis Vuitton watches
By: yuyun | 25/11/2009Most people like luxury watches that will bring them unexpected surprise. Have you heard of Louis Vuitton? Better yet, have you had the privilege of actually seeing and trying on a Louis Vuitton watch? These watches are truly breathtaking and the definition of a luxury watches. While the Louis Vuitton name is not as well known as some of the others in the watch business, these watches are some of the most sophisticated and luxurious that you can buy.
Fabulous collection of replica Louis Vuitton watches
By: yuyun | 25/11/2009Most people like luxury watches that will bring them unexpected surprise. Have you heard of Louis Vuitton? Better yet, have you had the privilege of actually seeing and trying on a Louis Vuitton watch? These watches are truly breathtaking and the definition of a luxury watches. While the Louis Vuitton name is not as well known as some of the others in the watch business, these watches are some of the most sophisticated and luxurious that you can buy.
Fabulous collection of replica Louis Vuitton watches
By: yuyun | 25/11/2009Most people like luxury watches that will bring them unexpected surprise. Have you heard of Louis Vuitton? Better yet, have you had the privilege of actually seeing and trying on a Louis Vuitton watch? These watches are truly breathtaking and the definition of a luxury watches. While the Louis Vuitton name is not as well known as some of the others in the watch business, these watches are some of the most sophisticated and luxurious that you can buy.
Improving Sales Results, Success in making Sales Appointments
By: Kate Tammemagi | 24/11/2009The first step in Sales is to make a first sales appointment with the prospect. Many excellent Sales people find cold calling to make a sales appointment very uncomfortable, and they will shy away from making their appointment calls. Here we present excellent guidelines for success in selling appointments.
Handling Rejections in Selling
By: Jessica Lang | 24/11/2009There was once a story that appeared in a community paper. Residents of a small community complained to the business section of the paper and told story upon story of having merchandise mailed to them that they didn’t want or didn’t even order. The infuriating part, the residents added, was the items were even billed to them.
Why Sales Coaching Really Matters
By: Sue Barrett | 24/11/2009You may recall that I recently wrote about an international study which reported that if Sales Managers were more frequently and better trained and coached, their sales teams achieved higher performance and results. In no other type of sales training was a more positive correlation found between frequency of training and sales performance. This article is dedicated to the importance of sales coaching and what you need to do to be an effective sales coach.
Getting back to sales basics
By: Sue Barrett | 24/11/2009It’s time to get back to basics. I don’t know about you but recently I have found myself getting more and more distracted by the latest trend and fads, especially the social media phenomena. My reason for this is that I have been trying to get my head around social media and specifically, the impact on the sales profession.
How to Purchase and Maintain Handmade Silk Rugs
By: David | 19/10/2009 | Home ImprovementHomemade rugs are luxury and exquisite for most people, so it’s very necessary to learn how to select and maintain a rug. You’ll find some useful information in this article.
China Export and Production of Molded Products
By: David | 02/02/2009 | SalesThis report examines China's macroeconomic trends, investment environment, injection molded plastic industry structure and capacity, production and demand, end-use market consumption trends, distribution channels and principal industry participants. Long-term forecasts for major injection molded plastics production and demand are included.
Analysis About LED Display Panel Market of China
By: David | 22/01/2009 | SalesNowadays, LED display industry is facing good opportunities. With continuous development of the attributions of LED instruments, full-color screen is becoming the new increasing point of LED display industry.
Pool Fences are Needed for Alpine
By: David | 05/01/2009 | SalesAlpine--A new city ordinance will require that all new swimming pools being built in the city must include a fence-like barrier as a safety precaution.The decision by the Alpine City Council comes just a year after a vote for a strikingly similar ordinance was voted down 3-2.
Give Up Completing Fence by the Rules
By: David | 31/12/2008 | SalesThe Bush administration will use its authority to bypass more than 30 laws and regulations to finish building 670 miles of fence along the southwest U.S. border by the end of 2008, federal officials said Tuesday.
Analysis About Opportunities and Challenges of China's LED Display Market
By: David | 26/12/2008 | SalesIn recent years, China has witnessed an increasing demand for displays as a result of the rapid growth for LED displays in stadiums and gymnasiums. Currently, LED displays have been widely applied in banking, railway stations, stadiums, gymnasiums and the advertisement industry. The display screen has transformed from a traditional monochrome static display to full-color video display.
Around-the-house Security Checklist
By: David | 25/12/2008 | SalesFrom lighting and foliage outside to window shades and deadbolts inside, it's smart to protect your property and yourself from any possible threat. This quick list that will help you secure your office from the outside in.
What Does Current it Outsourcing in China Lack
By: David | 22/12/2008 | Internet MarketingCompared with some countries, China still lacks experiences in IT outsourcing. The country still needs to further research and summarize IT outsourcing theories and models that suit enterprises and the actual situation in China. However, as Chinese enterprises further deepen their IT applications, there is no doubt that the IT outsourcing industry has a bright future.