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Chinas digital display market is growing

Time:2019-11-26 View:491
According to the latest report released by a market research organization, with the development of digital technology in the electronic equipment sales, media and advertising industry, the digital display market in China is growing.
The report, titled "China's display market - prospects and opportunities, 2012-2022", cites smart phones, tablets, laptops and displays, televisions and digital signage as key end-user areas because of the large number of display applications in these areas.
The growth of flexible and transparent display applications in the field of consumer electronics, the increase of quantum dots in TV applications, the growth of OLED display demand, and the increase of 7, 8 and 10 generation LCD production lines driven by the demand for high quality and low cost of various consumer electronics products also play a role in boosting the growth of China's display market.
China's display market is expected to maintain a compound annual growth rate of 8% from 2016 to 2022. In 2015, East China became the leading display market area, mainly due to the increase of consumer electronics demand, the improvement of urbanization level, and the expansion of display manufacturers' production capacity.