Unilumin: 2024 Global LED Solutions Leader with Record Achievements

Unilumin Group, a global pioneer in LED display technologies and smart lighting solutions, has once again solidified its position as the undisputed leader in the LED display industry. Following the full disclosure of 2024 financial results for listed companies, Unilumin has emerged as the world’s top-ranked LED display company by total revenue, marking a historic milestone in its 21-year journey of innovation and growth.

Rank First in 6 Industry Fields

With a relentless focus on technological advancement and market expansion, Unilumin now holds six global No.1 titles in the LED display sector, as validated by industry authority Hangjiashuo Research. These achievements underscore the company’s unparalleled dominance:

1. Global No.1 in Total Revenue Among LED Display Listed Companies

Unilumin’s 2024 annual revenue soared to RMB 7.774 billion (USD ~1.1 billion), cementing its position as the world’s highest-earning LED display-focused listed company. This represents a staggering 25-fold growth since 2009, reflecting sustained momentum in an ever-evolving industry.

2. Two-Year Champion in LED Display Revenue

The core Smart Display (LED) business generated RMB 7.19 billion in 2024, up 7.54% year-on-year. With a 15%+ global market share, Unilumin continues to outpace competitors, driven by its diversified product portfolio and cutting-edge solutions.

3. 10-year Consecutive Export Volume Champion

Unilumin’s global footprint spans 160+ countries, supported by 5,600+ partners and 20+ overseas subsidiaries. In 2024, international sales contributed 61.45% of total revenue (RMB 4.777 billion), with export volumes maintaining a 10-year No.1 streak. Strategic acquisitions, including a U.S.-based manufacturer, position Unilumin to navigate trade challenges while strengthening localized supply chains.

4. Longstanding Leader in LED Display Shipment Area

Unilumin shipped 820,800 square meters of LED displays in 2024, a 9.51% increase, reinforcing its leadership in production scale and operational efficiency.

5. XR Virtual Production & High-End Rental Market Leader

Subsidiary ROE Visual dominates the global XR virtual production sector, powering 100+ premium virtual studios (70% market share) for Hollywood blockbusters like Everything Everywhere All at Once. In the high-end rental display market, ROE retains its No.1 position, capitalizing on mega-events like Adele’s Munich concerts.

6. Pioneer in Micro LED Innovation

Unilumin’s breakthroughs in COB (Chip-on-Board) and MIP (Micro Integrated Packaging) technologies have propelled it to the forefront of Mini/Micro LED commercialization. With proprietary 30/50μm Micro LED chips and mass-produced P0.4 MIP displays, the company’s Micro LED revenue share is projected to surge to 25-30% by 2025.

Capturing Emerging Markets with Precision

Unilumin’s success stems from its agility in anticipating and dominating high-growth sectors:

• XR Virtual Production: Secured 70-80% market share in virtual filming through early investments in immersive solutions.

• Stage & Rental Displays: Leveraged global events like the Paris Olympics to drive 35% industry growth, maintaining top-tier market positioning.

• LED Cinema Screens: As the first Chinese company to obtain Hollywood DCI certification, Unilumin has installed screens in 105+ theaters worldwide, from Moscow to Beijing, positioning itself as a key player in the USD 1.5 billion+ LED cinema market.

AI + LED: Together, For A Brighter Future

Unilumin is spearheading the convergence of AI and LED through its "LED+AI" trifecta strategy—integrating hardware, intellectual property, and scenario-based services. Collaborations with tech giants like Microsoft and NVIDIA have yielded groundbreaking applications:

• AI-Powered Solutions: From interactive digital humans to the AI-driven LED systems showcased at the 2024 CCTV Spring Festival Gala.
• Consumer Innovations: Launched AI-enabled products on JD.com and unveiled immersive CAVE solutions, blending generative AI with visual artistry.

Under Chairman Tiger Lin’s visionary leadership, Unilumin has mastered the art of balancing technology R&D and market execution. By adopting dual-track innovation (COB/MIP), diversifying into high-growth verticals, and embedding AI across its ecosystem, the company has crafted a blueprint for enduring success.

While geopolitical and technological challenges persist, Unilumin’s globalized supply chain, R&D investments (evidenced by its National Science and Technology Progress Award), and agility in navigating market shifts position it to sustain its leadership.