COB LED Display Market: 2024 Growth & Key Trends
Growth Engines: Conference All-in-Ones & Overseas Poster Screens 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 marketwill 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 monthSamsung and TCL commanding 70%+ market share With 14. 引人注目的3D广告牌 , 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
- Egypt
600㎡ screen , featuring BOE MLED BYH-COB P1.2 technology , boasts anChallenges & Opportunities: The Road Ahead for LED Displays , making it thehighest-resolution COB LED display globally . The display incorporatesCOB dual-link technology, 0.11-degree small inner arc design, and ultra-high pixel density , offering superiorbrightness, contrast, response time, and color gamut Leyard’s COB Ultra-HD Display at Xi’an Xianyang International AirportAs part of the Xi’an Xianyang International Airport expansionLeyard installed a massive 2,032㎡ COB ultra-HD LED smart display network . This 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, reaching30,000㎡ 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 2024and 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 panel calibration.
- for mass production.Future Outlook: The Next Five Years of COB Market Growth With aprojected annual growth rate exceeding 20% COB display market will see accelerated expansion driven by:
Increased production capacity
from established and emerging players like BOE, Visionox, HKC, and Eastarwill , 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.
- , furtherpropelling COB adoption As COB technology advances, its.
- superior performance, reduced manufacturing costs, and increasing adoption in commercial and industrial applicationswill continue to redefine the LED display industrysource COB display.
随着COB技术进步，其 优越的性能、降低的制造成本以及在商业和工业应用中的不断增加采用 将继续 重新定义LED显示屏行业.