August 23, 2019

LED market demand is expected to usher in a total of 30 growth

Recently, the LED industry has been in short supply from chip to package factory, and the industry generally expects May revenue to be better. Some insiders expect that with the launch of the LED lighting market, the annual LED market demand will increase by more than 30. In the first half of the year, the LED chip industry will have a new capacity of less than 10, and the supply and demand situation of the LED chip industry will be more balanced in the second half of the year. Tightening.
According to the latest "2014 China Packaging Industry Market Report", the scale of China's LED packaging market in 2013 was 7.2 billion US dollars, with an annual growth of 20. China is a major producer of LED application products. With the rapid increase of LED lighting penetration rate, LED devices Demand is growing, and China has become the main market for global LED packaging manufacturers. The top five companies in China with the highest market share in 2013 were Nichia, Everlight, Cree, Mulinsen and Philips, which together accounted for about 1/3 of the overall market.
The rapid rise of Chinese local LED manufacturers began in 2010. Under the dual factors of rapid expansion of upstream industry capacity and continuous expansion of downstream application market, Chinese local LED packaging manufacturers are ushing in a period of rapid development. Mulinsen successfully ranked among the top five in the Chinese packaging market and became the leading domestic packaging manufacturer. In 2010-2013, the LED device revenue growth rate reached 53, making it the fastest-growing vendor. Other major manufacturers Ruifeng Optoelectronics, Jufei Optoelectronics, and Changfang Lighting have a compound annual growth rate of more than 30%. The huge demand for downstream applications provides a rapid development basis for Chinese local packaging manufacturers, and it is expected that the rapid development will continue in the next few years.
International LED manufacturers' rapid growth in revenue in China In 2013, international packaging manufacturers' total revenue in the Chinese market was US$2 billion, taking advantage of patents and benefiting from the rise of the lighting market, with annual growth of up to 40. Observed from individual manufacturers, Nichia Chemical year revenue increased by more than 70%, China's revenue share increased to 29; Seoul Semiconductor's revenue increased by 80%, China's revenue share increased to 19; and Cree, Sharp, Philips, Osram and other international companies There is also a dazzling performance in China's revenue. On the other hand, Taiwanese manufacturers have seen a decline in revenues of other manufacturers in China, except for Everlight and Hongqi. LED analyst Yu Bin said that the rapid rise of Chinese packaging manufacturers has first threatened Taiwanese manufacturers, but it has not had much impact on international manufacturers in the short term.

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