September 19, 2023 Global Laser Display Technology and Industry Development Conference was held in Qingdao, representatives of government, industry, academia and research fields formed a consensus: laser display ushered in the scene of the bloom, the industry has broad prospects for development.
The conference site released the "2023 laser display industry high-quality development white paper" (hereinafter referred to as "white paper"). The White Paper shows that laser display has risen across the board in terms of application scenarios. Mainstream application scenarios home, engineering, business, education in the first half of this year continued to soar, respectively harvest 20%-40% year-on-year growth, China's cinema line has more than 60% of the projector updated to a laser light source. And in the net red dining, outdoor camping, intelligent cultural museums and other emerging scenes, the first half of this year, laser display has realized more than 2 times the scale of growth.
Technology: domestic laser display brand independent research and development continues to make progress
Data show that at present, our country in the light source design, optical machine module, machine design and other key technologies to achieve a global leader, in the laser, imaging chip, lens, light-resistant screen and other core components of the research and development of the faster progress, in the machine manufacturing to explore the mature technology and experience, and in the global leading position.
More and more enterprises have joined the laser display camp, and a large number of upstream and downstream industry chain enterprises, including Light Peak Technology (688007.SH), have emerged to promote the technological progress of the laser display industry, optimize the allocation of industry chain resources and market prosperity.
ALPD5.0 super panchromatic laser technology is a laser display leader Guangfeng Technology released to the public in November 2022, also known as, has realized the industrialization of the technology, is now applied to household intelligent projection products.
The technology through the light source control matching software algorithms, in maintaining no scattering, low cost, high luminous efficiency of ALPD based on the advantages of the original technology, significantly improve the color gamut range, reaching 120% Rec. 2020, 165% DCI-P3, 210% Rec. 709, to meet the requirements of the color gamut of the 4K standard, which can achieve the maximum color gamut visible to the human eye. It meets the color gamut requirements of the 4K standard and achieves the largest color gamut visible to the human eye, thus enhancing the visual experience. It adopts the unique combined light technology, which can realize the advantages of laser and LED two kinds of light source efficiently integrated into one, so that the high brightness of laser and LED no scattering, no color edges of the characteristics of the complementary advantages.
The light source has a direct impact on the brightness and imaging effect, is the core technology of the laser display system, but also the cost of the composition of the highest proportion of the part (accounting for about 30-50%), but also the laser display technology field of domestic and foreign enterprises focus on research and development and layout of intellectual property rights of the link.
China's laser display enterprises such as: Light Peak Technology, China Science and Technology Aurora, Hisense, Changhong, etc., has completely independent development, design, processing and manufacturing capabilities, and has realized mass production and sales and external supply, a variety of laser light source in the laser movie projection light source, laser engineering light source, laser education light source, laser TV light source, laser microprojector light source, laser light source in the vehicle have been widely used, and provided to domestic and foreign leading enterprises in many fields.
Since Light Peak Technology entered the new track of automotive optics in 2022, it has taken the lead in obtaining IATF:16949 automotive certification, and its original ALPD semiconductor laser light source technology has become the only laser technology that meets automotive requirements at present. Up to now, Light Peak has obtained 6 development spot notifications including BYD, Celis, BAIC New Energy, a well-known international car company, and Huawei Vision, of which 3 are in the field of intelligent cockpit, 2 are in the field of vehicle lights, and 1 is in the field of AR-HUD.
At present, driven by multiple favorable factors such as sufficient supply of films and increase in the number of screenings, the demand for laser projection equipment and light source services in domestic theaters is recovering rapidly, and the theater projection service business of China Film Optical Peak (CFOP), a subsidiary of OptoPeak Technology, has achieved substantial growth, and with years of deep plowing accumulation and leading edge, only in the first half of 2023, it realized the installation of more than 800 sets of new light sources on line; as of 2023 As of June 30, 2023, the installation volume of ALPD laser projection solutions in China has exceeded 2.86 million sets, accounting for more than 35% of the total number of screens in China.
ALPD laser projection solutions with independent intellectual property rights have been highly recognized by the domestic and international film industry, and have continued to make breakthroughs in the overseas layout for the global market, and have successfully entered the theater projection market in North and South America, Europe, Southeast Asia, etc. In November 2022, the world's fourth-largest cinema operator, Cinépolis (Mexico), announced that it would carry out an ALPD laser light projector for its 2,600 screens. Cinépolis (Mexico), the fourth largest cinema operator in the world, announced that it would upgrade its 2,600 screens with ALPD laser light source.
Today's major global markets, such as mainland China, the U.S., Europe and Japan, are also the main regions for laser display patent layout.
Among them, the patents and patent applications in mainland China have exceeded 9,000, which has far exceeded the United States, Japan, Europe and other countries and regions. It can be seen that, relative to the traditional display technology and patent advantages of overseas regions, mainland China in the field of laser display technology, not only occupies the first opportunity for the development of the industry and the market, but also in terms of the amount of patents, also has been in a more obvious position of superiority, which side by side This reflects that mainland China is an important market that cannot be ignored by the major players in the field of laser display technology, and it is the main region for their patent layout.
According to the data of 2023 semi-annual report of Guangfeng Technology, as of June 30, 2023, centering on the original ALPD semiconductor laser light source technology, Guangfeng Technology has accumulated 2,714 patent applications and authorized patents globally, and has been granted 1,901 patents globally, with a solid technology moat.
With the comprehensive improvement of the laser display industry chain, the formation of laser display industry clusters, laser display industry chain gathering place, China will become the global laser display 'Silicon Valley'.
"The technology advantage is obvious, the industry chain integration ability is enhanced, the scene application space is opened, the market recognition is warming up, laser display has come to the tipping point of the outbreak, the future growth opportunities are huge, once the breakthrough of this tipping point, it will be explosive growth." Ouyang Zhongchan, academician of Chinese Academy of Sciences, said in his speech at the conference.
Ouyang Zhongchan believes that with the convergence and development of digital display and holographic display, the application scene of laser display has also shifted from indoor to outdoor, from individual to group, and from one-way output to intelligent interaction. Laser display has become the best display carrier for family, industry, business, education and application scenes such as car and AR.
According to Zhou Haiyan, second-level inspector of the Electronic Information Division of the Ministry of Industry and Information Technology, at present, the consumer demand is changing profoundly, and the market share and profit space of traditional products are shrinking, and the laser display technology and its products not only satisfy the consumer's large-screen, high-end, intelligent, and green consumer demand, but also have a broad application prospect for the meeting, education, engineering, vehicle-mounted, aviation, and virtual reality and other scenarios.
"Laser display, as the new quality productivity of next-generation display technology, is the forerunner of the new round of scene revolution, and is the best breakthrough for the achievement of future full-scene intelligent life." Hao Yabin, executive chairman of the China Electronic Video Industry Association, said that laser display is a technological upgrade and industrial upgrading driven by scientific and technological innovation, out of China's characteristics, run out of China's speed, and establish China's advantages.
