From 2015 to 2021, the compound annual growth rate of China’s laser TV market is as high as 155.8%. The organization expects that the shipment of laser TV will exceed 1 million units by 2024.
China’s first laser TV standard will be implemented
On April 1, China’s first laser TV industry standard issued by the Ministry of industry and information technology will be officially implemented. It is reported that in view of the current mixed situation of laser TV in the market, the standard will be effectively standardized, which is of great significance to the healthy development of the industry, and provides standard support for guiding the development of the industry, consumer purchase and handling consumer disputes.
Statistics show that laser display is an important technical direction for the development of China’s color TV industry. It is also a TV category that takes the lead in realizing technological innovation and leading in the world. It is listed in the key special project of “new display and strategic electronic materials” in the national key R & D plan of the Ministry of science and technology in the 14th five year plan.
Since 2014, with the active promotion of leading enterprises in Hisense and other industries, China has achieved global leadership in key technologies such as light source design, optical mechanical module and complete machine design in terms of patents, China has ranked first in the world in the number of patents applied for and authorized in the field of laser display; China’s laser TV market is also the largest in the world
2024 laser TV shipments will exceed one million
According to the data of Lotu technology, the compound annual growth rate of China’s laser TV market from 2015 to 2021 was as high as 155.8% this compound growth rate has greatly exceeded the growth rate of popular industries such as lithium batteries, new energy vehicles and chips in the same period
In 2021, the number of laser TV brands that can be monitored in the Chinese market has been 34, while 40 LCD TV brands are also monitored by ovicloud. With the continuous participation of Samsung, Sony, LG, Epson, HP, BenQ and other global players, laser display, as the mainstream of the next generation display technology, has become the consensus of more and more enterprises
With the gradual maturity and improvement of China’s laser TV supply chain, Chinese enterprises such as Hisense, Guangfeng, Sanan Optoelectronics Co.Ltd(600703) , Shengyang optics and fester have arranged the upstream and downstream of laser display, made breakthroughs in projection chips, optical machinery, lenses and screens, and accelerated the localization process of laser display industry chain.
Runto predicts that in 2021, the shipment volume of laser TV in China market will be nearly 400000 units, with a year-on-year increase of more than 80% it is estimated that by 2024, more than 1 million laser TVs will be shipped
5 concept stocks, net profit growth exceeding 80% in 2021
According to the statistics of securities times · databao, there are 9 companies that have arranged laser TV related businesses, and the average A-share market value of concept shares is more than 10 billion yuan.
As of the closing on April 1, Tpv Technology Co.Ltd(000727) , Hisense Visual Technology Co.Ltd(600060) , Konka Group Co.Ltd(000016) , Hisense Home Appliances Group Co.Ltd(000921) and other four shares had a rolling P / E ratio of less than 20 times.
Calculated according to the lower limit of annual report, express report and forecast net profit, Sichuan Changhong Electric Co.Ltd(600839) , Robotechnik Intelligent Technology Co.Ltd(300757) , Appotronics Corporation Limited(688007) , Konka Group Co.Ltd(000016) , Chengdu Xgimi Technology Co.Ltd(688696) and other five shares increased their net profit by more than 80% in 2021.
Sichuan Changhong Electric Co.Ltd(600839) net profit growth is the highest. The company expects net profit in 2021 to be 270 million yuan to 340 million yuan, with a year-on-year increase of 495.16% to 649.45%.
Hisense Home Appliances Group Co.Ltd(000921) chips supporting 8K resolution ultra-high definition display image quality processing have been produced, and the world’s first 8K laser TV will be released in 2022. At present, Hisense’s medium and high-end LCD TVs and some laser TVs in China have been equipped with Bluetooth module and aiot function.
Appotronics Corporation Limited(688007) launched the first laser TV in 2013. In the future, the company will focus on cost reduction through optical path design optimization, and strive for small volume, high effect and high cost performance. The company’s technical route in the field of laser TV is ALPD fluorescent laser technology. Its leading position mainly lies in that the fluorescent laser route has the advantages of both cost and effect, and solves the problem of laser display industrialization.
Sichuan Changhong Electric Co.Ltd(600839) main businesses include TV, refrigerator (cabinet), household air conditioner, washing machine, floor sweeping Siasun Robot&Automation Co.Ltd(300024) , smart box, etc. In May 2021, the company’s laser company held a new release conference of laser TV and intelligent projection, and officially launched new products such as S2 series intelligent projection, family light 4K laser TV d7u and high-end luxury 4K laser TV dc95.
The intelligent projection products of Chengdu Xgimi Technology Co.Ltd(688696) mainly include intelligent micro projection series, laser TV series and innovative product series. According to IDC data, in 2018, 2019 and 2020, the company’s shipments continued to rank first in China’s projection equipment market, and the company’s market share reached 18.1% in 2020.
