traffic LED displays

With the rise of the new infrastructure construction wave, traffic LED displays will become an inevitable trend. Their development is driven by three factors: policy promotion, technological upgrading, and market demand. In the future, the application scale of traffic command and dispatch, traffic guidance, and highway information boards in various fields will continue to expand.  The new infrastructure policy promotes investment in the transportation sector, providing a market foundation for the application of LED displays. The new infrastructure covers seven fields including 5G base stations, intercity high-speed railways, and urban rail transit, among which the construction of transportation infrastructure accounts for a significant proportion. The country directly drives the growth of transportation display demand by extending subway lines, increasing investment in transportation in third- and fourth-tier cities, and promoting smart city construction. For example, the market size of LED display applications in traffic command and dispatch reached 3.77 billion yuan in 2019, with a year-on-year growth rate of 15.7%. It is expected that the compound growth rate from 2019 to 2023 will be 14.6%, maintaining a stable growth trend. The traffic command and dispatch center, which is a necessary demand for county-level cities and above in traffic monitoring, has over 3,000 potential markets that have not been fully developed. Coupled with the acceleration of rail transit construction, the demand for small-pitch LED displays will continue to rise.  The mature small-pitch LED technology has broken through the display bottleneck of command and dispatch centers. Traditional traffic command centers use DLP and LCD as display equipment, but they have defects such as small-size display and obvious seams. Although LED displays were once limited by gray-scale difference, excessive brightness, and high cost, the development of small-pitch technology has enabled it to have advantages such as high-definition, seamless connection, and large-size display. With the decline in costs (such as price adjustments during the pandemic) and the maturity of the industry chain, the application of LED displays in traffic command has accelerated penetration. For example, rail transit, as a representative of intelligent dispatch systems, its construction scale expansion will directly drive the demand for small-pitch LED displays.  The demand for traffic guidance and highway information boards is on the rise, and the upgrade of protection technology helps outdoor applications. Traffic guidance screens and highway LED variable information boards need to work continuously 24 hours in complex outdoor environments, with extremely high requirements for display stability, protection, and visibility. China's LED display GOB technology, with its super protection features such as waterproof, moisture-proof, sun-proof, and anti-damage, perfectly meets the outdoor traffic display needs, promoting the penetration rate of LED displays in outdoor scenarios. According to data from the Ministry of Transport, the total mileage of national highways reached 501.25 million kilometers in 2019, and the mileage of expressways was 149.6 thousand kilometers. The number of new roads added each year continues to increase, creating huge space for the traffic guidance screen and highway information board market.