Looking Forward To The Future of LED Display Rental Market

user image 2019-07-30
By: freemexy
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There is a huge market for LED Display rental business and has an immeasurable future development prospects. All the time, various types of video conferences, large-scale opening ceremonies, wedding ceremonies, signing ceremonies, opening ceremonies, stars performances, product recommendations, hotel rental leasing business and other activities are all major markets, and the scale is very large. In the field of choreography, it has reached US$740 million for the global LED stage market this year, with an increase of 14% year-on-year. It is expected that the growth rate will slow slightly in the next few years, but it will still keep the trend of growth. By 2020, the scale is expected to increase to 1 billion U.S. dollars.Stadium Led Display

The cakes is so huge for the rental market and the entrance threshold is not too high. Fierce competition will be a long-term trend. After more than ten years development, LED rental displays have matured in terms of technology, work types, and the third-party supporting systems. The leasing market is moving forward in the direction of product specification standardization, high definition display, and intelligent interaction.

Being different from the fixed installation screens, customers of LED screens are mainly renters. He/she is not a consumer to purchase LED screens, but an investment method. The leasing company earns profits by renting the display. Therefore, the rental led screen manufacturers will try their best to save purchasers' costs in order to create greater value for customers. "One screen and multiple uses" will probably become one of the important development directions for future display rental products.

At the same time, in the global "artificial intelligence" is starting, "smart city" construction is on the way, under the background of the continuous emergence of new technologies and new energy sources, LED displays are also facing greater space for innovation and application, and intelligence has become one of the most important trends in the development of the industry. For LED rental screens, it will not be limited to simple display functions. The development of intelligent interactive devices will be more easily available to the market.

With the expansion of the LED rental market to a wider area, LED rental screen manufacturers are developing different products for different application fields. It will also become another trend. Therefore, in order to combine the LED rental screen with a third-party display device to form an interactive development model, it is possible to be a reality.

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