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With the maturity of LED display technology in China, LED display system, as an important display terminal of information system, has played an increasingly important role in urban construction, smart security, video conferencing, aerospace and high-end commercial display. The LED industry has seen a significant recovery momentum in the near future. The major manufacturers in the industry are in full production, and the short-term memory must be with the maturity of China's LED display technology. LED display system is an important display terminal for information systems, in urban construction, smart security, video conferencing, aerospace, high-end. Businesses and other fields are increasingly playing a major role in helping them. The LED industry has seen a significant recovery momentum in the near future. The major manufacturers in the industry are in a state of full production, and there is a certain shortage of supply in the short-term. There is also a general demand for price increases in the industrial chain. The industry expects that the supply and demand situation will be tight in the second and third quarters. Guoxin Securities analysis believes that the global LED package output value of 15.3 billion US dollars, the growth rate rebounded to 5%. European, American, Japanese and other foreign manufacturers dominate the high-end market. Although China's LED started late, it is gradually becoming the global LED packaging device manufacturing center. At the same time, the concentration of LED packaging industry continues to increase, and the profitability of domestic leading packaging companies has increased. In 2016, LED chips, packaging and lighting increased prices. In 2017, the chip leader Sanan Optoelectronics, the package leader Mulinsen started the price increase and issued the gun, highlighting the LED industry supply and demand pattern to improve. Lighting + display accounted for more than 2/3 of downstream applications. In 2016, the global LED lighting market has a penetration rate of only US$34.6 billion, only 31%. In 2017, the global LED lighting market penetration rate is expected to exceed 36%, with a growth rate of over 20%. Continue to stimulate the overall needs of the industry. In 2017, the growth rate of the small-pitch LED display market exceeded 50%, and the overall supply and demand continued. The global LED backlight market has been slightly reduced by OLED replacement, and the production capacity of backlights has shifted to China. The supply and demand tension in the LED industry is mainly related to two factors. First, the downstream demand continues to grow, especially the explosive growth of daily consumer goods such as lighting. Second, the industry itself has not expanded its production for many years. Great Wall Securities pointed out that 2016 is a year of explosive growth of small-pitch LED display. Enterprises have increased technology research and development, and the product spacing has continuously achieved breakthrough innovation. The display effect has been greatly upgraded. The market demand for the industry has increased sharply. The LED display industry will usher in greater development opportunities. Under the huge business opportunities, domestic small-pitch LED display companies have increased technology research and development and continued to expand production capacity. The small pitch products are positioned in the high-end application market, and the product prices are high and profitable. With technical support, the small-pitch LED display combined with bare smart applications, cloud platform control, naked-eye 3D, VR and other technologies, the display effect is more creative, attracting many users, driving LED small-pitch display products to a larger market .