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What is Absen’s market share in the global LED display market?

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Absen has an outstanding market share in the global LED display market, and its brand influence and market position are constantly improving. The following is a detailed introduction to Absen's market share in the global LED display market:

Market share overview

According to statistics from market research firm Omdia, Absen has performed outstandingly in the global LED display brand shipment ranking. Specifically, Absen ranks among the top with a market share of 16.2%, showing its strong competitiveness in the global market.
This data not only reflects Absen's comprehensive strength in technology research and development, product quality, and market expansion, but also reflects the recognition and trust of global customers in the Absen brand.

Market expansion and performance growth

1. International market performance:
- As one of the earliest LED display companies to go overseas, Absen has established an extensive sales and service network worldwide. 

At present, Absen's products are exported to more than 140 countries and regions including the Americas, Europe, Australia, Asia, and Africa, and have successfully implemented tens of thousands of application cases.
- In markets such as Asia (outside China) and South America, Absen's revenue growth was particularly significant, increasing by nearly 80% and about 66% respectively, demonstrating the company's strong market influence and growth potential in these regions.

2. Domestic market performance:
- Despite the large base and high penetration rate of the domestic LED display market, Absen has also achieved a growth of about 38% in the domestic market with its differentiated "branded complete machine" market positioning, which is higher than the growth rate of its peers.
- Absen implements the "internal and external dual attack" strategy in the domestic market, and further consolidates and expands its market share by strengthening market expansion efforts.

Technical strength and product advantages

1. Technological innovation:
- Absen continues to innovate in LED display technology and has launched a series of high-performance products with independent intellectual property rights. 

For example, its Micro LED micro-pitch display products use flip-chip COB packaging technology to achieve an excellent display effect of one-piece black surface, high brightness and high contrast.
- Absen also combines professional color management technology and adaptive video source color gamut to ensure high color reproduction accuracy and provide customers with a more realistic visual experience.

2. Product diversification:
- Absen's product line is rich and diverse, covering outdoor small-pitch screens (such as the AW series), indoor small-pitch screens (such as the A27 V3 series) and Micro LED micro-pitch display products. These products can meet the application needs in different scenarios and provide customers with a full range of solutions.

Future Outlook

According to Absen's strategic development plan outline, the company will continue to focus on the LED large-screen business and further deepen the vertical market segment. 

At the same time, Absen will form a business combination model of international and domestic dual circulation, direct sales and distribution, and multi-brand linkage, and steadily achieve the three-year 10 billion phased strategic goal. 

With the continued growth of the global LED display market and the continuous improvement of Absen's brand influence, we have reason to believe that Absen's share of the global LED display market will continue to maintain its leading position and continue to expand.

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