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Gaogong LED Industry Research Institute said that the rapid expansion of China's LED display production scale in 2010 was mainly due to the explosive growth of the LED full color screen market, which is the most direct and main reason for the expansion of China's LED display market. . The LED display shines brightly in the 2008 Olympic Games and the 2010 Shanghai World Expo, making the LED display quickly become the darling of the market. With the improvement of the quality of LED displays and the decline of cost, it has been widely accepted by the market.
At the same time, China is also the world's largest LED display application market, with more than 60% of the global application market in China. Almost every county in China already has LED full-color screens, and even many wealthy towns have used LED full-color screens.
Secondly, the rapid transfer of foreign LED display production to China is also one of the important reasons. The global proportion of LED display production in China has increased from 60-70% in previous years to over 80% in 2010. It can be seen that the quality level of LED displays produced in China has been widely recognized in the international market.
Looking forward to 2011, Gaogong LED Industry Research Institute predicts that the output value of China's LED display screen is still expected to achieve a growth rate of more than 30%. 
According to the statistics of the High-tech LED Industry Research Institute, the output value of China's LED display in 2010 reached 18.5 billion yuan, a year-on-year increase of 54%, and the growth rate greatly exceeded the market's expectations.