Global LED Display Market Stabilizes at $69B in 2025, Overseas Demand Drives 5%

SHENZHEN, Nov. 24, 2025 – The global LED display market maintained stable growth in 2025 with a total output value of RMB 48.573 billion (approx. $6.9 billion), according to the newly released 2025 Global LED Display White Paper at the New Display Industry Chain Annual Conference. Co-compiled by 30 leading enterprises including NationStar Optoelectronics, Absen, and BOE Visionox, the report reveals a market landscape characterized by balanced supply-demand dynamics and notable regional divergence.

Overseas markets emerged as the key growth engine, with an output value of RMB 26.51 billion, representing a 5% year-on-year increase. While North American and European markets experienced moderate declines, emerging economies in Latin America, Africa, and Southeast Asia (Vietnam, Thailand, Cambodia, Laos) demonstrated robust import demand. Domestic market scale reached RMB 22.063 billion, remaining stable amid intensified competition.

“Price stabilization has become evident despite ongoing downward pressure, supported by rising penetration of high-value products,” noted an industry analyst from HangJiaShuo Research. Fine-pitch LED displays (P1.5 and below) saw over 5% growth in output value, accounting for 21% of the market, while traditional large-pitch products (P1.8 and above) declined by 5% in the same period.

The white paper, a result of 12 months of research covering 50+ enterprises, provides comprehensive insights into cost structures, supply chain dynamics, and emerging application trends. Key findings indicate that LED all-in-one machines are poised for 25% shipment growth driven by price incentives, while LED cinema screens have expanded to over 200 operational halls in China under policy support.