The market penetration rate increases LED industry is expected to usher in a new outbreak.

Released in: 2018-01-29

From a global perspective, the LED industry is in a period of steady development. Currently, the global LED industry can be divided into four regions. From a global perspective, the LED industry is in a period of steady development. Currently, the global LED industry can be divided into four regions. One is the European and American region, with general lighting as the main direction, the product features high reliability and high brightness. The second is Japan, which has a leading technology in both general lighting and backlighting, and has a dual role in general lighting, cars, mobile phones and televisions. Third, Taiwan and South Korea, with backlight display as the main line, including mobile phone, TV, computer backlight, large shipments but low gross margins. Four is the Chinese mainland, the main business is outdoor display screen, advertising screen and lighting and other fields. LED market maintained rapid growth trend of the world's main growth from general indoor lighting, architectural lighting, landscape lighting, back lighting and outdoor LED large screen and other explosive growth, in the next 3 to 5 years, as the technology mature and decreased the cost of the LED in the field of general lighting market penetration will increase further, and automotive lighting such as LED display applications continue to expand, small spacing is expected to usher in the LED industry a new outbreaks. According to forward-looking industry institute released "LED industry market foresight strategic planning and investment analysis report, according to the 2016 global LED lighting at about 31%, the permeability of the LED lighting market scale in 2017 is expected to reach $40.4 billion, was 37%, and the permeability is expected in 2017-2021 global LED lighting annual compound growth rate of 12%. LED by the national semiconductor lighting project, China's LED industry has developed rapidly. From the point of the global LED market, as a global electronics manufacturing base in China, has become the world's fastest LED industry development area, initially formed including the LED epitaxial wafer, the LED chip, LED encapsulation and LED application, a relatively complete industrial chain. From 2014 to 2016, China's LED industry grew from 3507 billion yuan to 521.6 billion yuan, with an average annual compound growth rate of 21.96%. Among them, the market size of LED epitaxial chip was about 18.2 billion yuan in 2016, an increase of 20.5% year on year. LED packaging market was 74.8 billion yuan, up 21.6% year on year. The market size of LED applications was 428.6 billion yuan, up 23.2% year on year.

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