What They Say
Hat-tip to Dave Haynes at Sixteen-Nine.net for spotting that Tay Taehoon Kim of Omdia had posted some data on the small pitch LED business on LinkedIn. The report highlighted that small pitch LED of ?1.99mm are a key factor in the growth areas of the market. He highlighted the introduction by GL of 0.93mm-pixel-pitch LED MAGNIT and 1.25mm-pixel-pitch LED Bloc cable-less products to establish its presence in the FPP market.
In 2020, the 1.50–1.99mm pixel pitch category accounted for 65% of the global shipment share in the FPP category. However, finer-pixel-pitch products, including 1.2mm, are expected to increase their presence in the coming years, starting with the control room market, and the share of sub-1.50mm-pixel-pitch products is anticipated to increase in the market to 43% in 2025 gradually.
In Omdia’s latest iteration of the LED Video Displays Market Tracker, FPP shipments accounted for a 14.8% unit share in 2020, but this is expected to increase to 17.8% in 2021 with a YoY growth rate of 60% in 2021.
What We Think
Kim didn’t state the units used in this chart, so we have reached out to the firm to check. Normally, the market is sized in sq metres because of the modular nature of the technology.
Update: Kim confirmed that the units on this chart were square metres. (BR)
