COB LED Display Market: 2024 Growth & Key Trends

Lightweight & Easy to Install 1. COB (Chip-on-Board) LED display market 2. កំពុងមានការកើនឡើងក្នុងចំនួនជាតិក់ ដោយមានការបន្តបែកការកាន់កាប់របស់បច្ចេកវិទ្យា SMD (Surface-Mounted Device) នុយក្លេអ៊ែរ 3. ។ យោងទៅតាម4. DISCIEN រដ្ឋបាលជានិយោជិតសំខាន់ Zhuang Qianqian 5. ដែលបាននិយាយនៅក្នុងសន្និសីទ “2025 China International LED Industry Development Conference” ដែលដំណើរការដោយ6. JM Insights 7. 2024 LED small-pitch and micro-pitch market, the 8. បានឃើញមានការការបញ្ជូនឡើង ដោយមិនមានការកើនឡើងនៃចំណូល ។ ប៉ុន្តែ 9. COB shipments surged by nearly 150% 10. ដែលជាការប្រឹងប្រែងមួយសំរាប់បច្ចេកវិទ្យា។11. Explosive Growth and Market Dynamics

12. Revenue Growth

• 13. : COB market sales revenue has reached an all-time high, with a14. year-on-year increase 15. over the past two years. The 16. domestic market share now accounts for nearly 30% 17. Market Segmentation.
• 18. : COB19. P1.2 remains the dominant product 20. , capturing almost21. 50% of the market share 22. . Meanwhile,23. micro-pitch COB displays (P1.0 and below) account for 32.6% 24. , significantly outpacing the overall industry in pixel miniaturization.25. Production Expansion
• 26. : In27. , major COB module manufacturers will continue focusing on 202528. expansion and cost reduction 29. projected equipment capacity reaching 120,000㎡ per month, with projected equipment capacity reaching 120,000㎡ per month 14. 吸引眼球的3D广告牌 1. 100% 75,000㎡ ၄၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅ ၄၅, nearly doubling from previous years.

With increased production capacity and optimized pricing strategies, competition within the COB LED display sector is expected to intensify. Industry giants such as Leyard, Unilumin, and Ledman are now facing fierce competition from rising players like MTC, BOE, and New Vision, driving rapid innovation.

Industry Milestones: COB Display Applications in Landmark Projects

1. BOE’s World’s Largest COB Indoor LED Display
   BOE recently launched the world’s largest COB small-pitch LED indoor display in Egypt1. Ang inaaprubasyon ng hardware, software, at sistema ng nilalaman 600㎡ screen, featuring BOE MLED BYH-COB P1.2 technology, boasts an ultra-high resolution of 67,680 × 5,670 pixels, making it the highest-resolution COB LED display globally. The display incorporates COB dual-link technology, 0.11-degree small inner arc design, and ultra-high pixel density, offering superior brightness, contrast, response time, and color gamut.
2. Leyard’s COB Ultra-HD Display at Xi’an Xianyang International Airport
   As part of the Xi'an Xianyang International Airport expansion, Leyard installed a massive 2,032㎡ COB ultra-HD LED smart display networkThis project enhances passenger experience, operational efficiency, and digital transformation. Key features include:
   • Full-terminal smart visualization across 14 critical zones, including check-in counters, security areas, baggage claims, and control centers.
   • Millisecond-level switching for airport security monitoring, allowing seamless real-time surveillance.
   • Emergency response integration, enabling instant activation of evacuation plans and resource allocation through 3D modeling.

Leading Manufacturers Expanding COB Production

• MTC (兆驰晶显) now holds the highest COB production capacity, reaching 30,000㎡ per month. By 2024, its production lines have expanded from 100 in 2022 to 1,600, with a goal of exceeding 5,000 lines in the future.
• Zhongqi Optoelectronics (中麒光电) achieved full-capacity operations throughout 2024 and is set to reach a COB monthly production target of 10,000㎡ by year-end. Their P0.7 COB product set a new record, surpassing 500㎡ in single-month orders.
• Technological Innovations: Zhongqi has made significant advancements in color uniformity, brightness consistency, and wavelength distribution, resolving previous challenges in COB paanél kalibrasyonu for mass production.

Future Outlook: The Next Five Years of COB Market Growth

With a projected annual growth rate exceeding 20%, the COB display market will see accelerated expansion driven by:

• Increased production capacity from established and emerging players like BOE, Visionox, HKC, and Eastar.
• Cost reduction in COB direct-view displays, facilitating technology iteration and mass adoption.
• Higher demand for ultra-fine pixel pitch displays (P0.9 and below), enhancing 4K and 8K visualization.
• Global market penetration, especially in North America, Europe, and the Middle East, further propelling COB adoption.

As COB technology advances, its superior performance, reduced manufacturing costs, and increasing adoption in commercial and industrial applications will continue to redefine the LED display industry.

11. LED Display Market https://mp.weixin.qq.com/s/fRMQIWj5952Jc9dhO5J-0g