COB LED Display Market: 2024 Growth & Key Trends

Der is experiencing exponential growth, steadily eroding the dominance of traditional SMD (Surface-Mounted Device) technology . According toDISCIEN’s Chief Analyst Zhuang Qianqian , who spoke at the “2025 China International LED Industry Development Conference” hosted byJM Insights 2024 LED small-pitch and micro-pitch market, the COB shipments surged by nearly 150% , marking a breakthrough for the technology. Explosive Growth and Market DynamicsRevenue Growth

: COB market sales revenue has reached an all-time high, with a

• year-on-year increaseover the past two years. The domestic market share now accounts for nearly 30% Market Segmentation : COB.
• P1.2 remains the dominant product, capturing almost 50% of the market share. Meanwhile, micro-pitch COB displays (P1.0 and below) account for 32.6%, significantly outpacing the overall industry in pixel miniaturization. Production Expansion: In
• , major COB module manufacturers will continue focusing onexpansion and cost reduction 2025projected equipment capacity reaching 120,000㎡ per month actual production around 75,000㎡ per month. The With und , competition within theCOB LED display sector

is expected to intensify. Industry giants such as Leyard, Unilumin, and Ledmanare now facing fierce competition from rising players like MTC, BOE, and New Vision , driving rapid innovation. Industry Milestones: COB Display Applications in Landmark Projects BOE’s World’s Largest COB Indoor LED Display BOE recently launched theworld’s largest COB small-pitch LED indoor display

in

1. Egypt
   . The 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 gamutLeyard’s COB Ultra-HD Display at Xi’an Xianyang International Airport As part of theXi’an Xianyang International Airport expansion Leyard installed a massive 2,032㎡ COB ultra-HD LED smart display network.
2. . This project enhances
   passenger experience, operational efficiency, and digital transformation . Key features include:, Full-terminal smart visualizationacross 14 critical zones, including check-in counters, security areas, baggage claims, and control centers. Millisecond-level switchingfor 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) achievedfull-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 ordersTechnological Innovations : Zhongqi has made significant advancements in color uniformity, brightness consistency, and wavelength distribution , resolving previous challenges in.
• COB panel calibrationfor mass production. Future Outlook: The Next Five Years of COB Market GrowthWith a projected annual growth rate exceeding 20% COB display market

will see accelerated expansion driven by:

Increased production capacity from established and emerging players like, the 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 visualizationGlobal market penetration , especially in.
• North America, Europe, and the Middle East, further propelling COB adoption.
• As COB technology advances, itssuperior performance, reduced manufacturing costs, and increasing adoption in commercial and industrial applications will continue toredefine the LED display industry source.

COB display überlegene Leistung, reduzierte Herstellungskosten und zunehmende Akzeptanz in kommerziellen und industriellen Anwendungen wird weiterhin die LED-Display-Branche neu definieren.

Quelle https://mp.weixin.qq.com/s/fRMQIWj5952Jc9dhO5J-0g