In 2024, the investment amount of China's photoelectric display industry was about 223 billion yuan, down 27.3% year-on-year

In 2024, the optoelectronic display industry will continue to develop driven by technological innovation and market demand. Mini LED and Micro LED technologies are accelerating commercialization, and the penetration rate of OLED panels in the high-end market is further improved. As industry competition intensifies, Chinese companies have steadily increased their market share by virtue of cost advantages and technological breakthroughs. According to CINNO Research statistics, the amount of investment in China's (including Taiwan) optoelectronic display industry in 2024 will be approximately RMB 223 billion, a year-on-year decrease of 27.3%.
Segmentation of funds within the optoelectronic display industry: In 2024, investment funds within China's (including Taiwan) optoelectronic display industry will mainly flow to display panels, display materials and Mini/Micro LED (MLED) fields. Among them, the investment amount of panels is about 71.36 billion yuan, accounting for about 32.0%, and the investment amount has decreased by 55.0% year-on-year; the investment amount of optoelectronic display materials is about 28.46 billion yuan, accounting for about 12.7%, and the investment amount has decreased by 50.4% year-on-year; the investment amount of MLED is about 84.58 billion yuan, accounting for about 38.0%, and the investment amount has increased by 50.3% year-on-year; the investment amount of module projects is about 38.24 billion yuan, accounting for about 17.2%, and the investment amount has increased by 17.5% year-on-year. From the year-on-year changes in investment funds in the optoelectronic display industry in China (including Taiwan) in 2024, the investment amount of MLED and modules has achieved year-on-year growth, and the investment funds of panel and optoelectronic display materials projects have shown a trend of sharp decline.