Nowadays, LED display screens have been widely used in various fields, such as sports, advertising, finance, exhibitions, transportation, and fashion wedding scenes. Now you can see various large billboards made of LED display screens in various outdoor places. In addition, the taxi industry, major traffic arteries, and even electronic police for speeding inspections have begun to use LED display screen products. China's LED display screen technology, which can already rival the international technical level, has officially entered the development stage.
The domestic LED display market has just opened up, and the domestic market conditions are not yet fully mature, so major manufacturers still need to rely on exports to support development. However, due to the continued development of the global economic crisis this year, and the outbreak of the European sovereign debt crisis, the entire social and economic environment has continued to be weak, and the LED display projects that were previously being prepared in Europe and the United States have been rapidly shut down, causing many customers who are worried about their country's purchasing power for LED lighting products to lose the desire to purchase in large quantities because they are worried that the LED displays in their hands will be unsalable.
Although the domestic LED display industry, whose technology has reached international standards, has unique market competitive advantages compared to similar foreign products, the global economic crisis has not yet been completely alleviated, and various unfavorable factors still exist. my country's LED display market has not yet matured, and the global market weakness caused by various unstable factors in Western countries is likely to deal a heavy blow to the current development of domestic LED displays.
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