LED Stage Rental Market Booming, New Industry Development Direction Arises At The Historic Moment

- Jan 11, 2019-

   With the rapid development of the cultural and entertainment industry, the LED stage rental market is developing vigorously. Cultural performances are no longer just the exclusive entertainment "playthings" of the first-tier cities, but are spreading to the third and fourth-tier cities at a relatively rapid rate of development and becoming a form of entertainment for the public. The stage LED screen as an important tool for stage performance, the future development prospects are immeasurable. According to relevant statistics, the global LED stage market has reached 740 million US dollars this year, up 14% year on year. Growth is expected to slow slightly in the next few years, but will continue to grow.By 2020, the projected size will increase to $1 billion.

    Beginning in 2016, the hot market of LED rental screen has been revealed. The Ministry of Propaganda, the Ministry of Finance and the Ministry of Culture of the People's Republic of China jointly issued a circular calling for an end to luxury extravagance and an advocacy of thrifty evening parties. On the premise of vigorously publicizing the spirit of thrift, the application of stage rental LED screen has also changed greatly. LED rental screen has begun to enter the civil market in an all-round way.With the expansion of the market, rental products are also growing with the demand of the market, showing a flourishing situation of all things striving for spring. Throughout the development track of the domestic LED rental screen market, it is not difficult to find that the LED rental screen market has developed rapidly, in addition to the growing market demand, but also inseparable from LED screen enterprises in product innovation tireless research.LED stage rental market, from the beginning of a single  stage rental LED screen to today's design and application of innovative display screens with diversified shapes, all reflects the LED screen enterprises to accurately control market demand, leading the entire LED stage rental screen industry in the strong market demand transformation and upgrading, to find its new development direction.