LED industry chain is expected to start a new round of growth

After in-depth industry integration in 2015 and 2016, LED supply-side reform has been relatively sufficient. In 2017, the LED industry showed a good start. The price increase announced by Sanan Optoelectronics, the leader of the chip, boosted the plate market. With the double promotion of strong demand and rising costs, the price increase is expected to continue, it is expected that the industry structural surplus will be further improved in 2017. The small spacing with higher technical barriers indicates that the industry will accelerate its growth and the industrial concentration will be further improved. At present, from the perspective of LED upstream, the concentration of industrial production capacity has accelerated and formed higher industrial barriers to curb disorderly expansion of production capacity; Mid-range packaging technology continues to innovate, reducing costs and improving efficiency; The downstream of the industry is booming with new applications such as vehicles, lighting, small-pitch LED display and internet of things. The industry of the entire industrial chain is expected to start a new round of growth. According to media reports, the LED concept sector has been active recently, with 50 concept stocks in the sector rising, accounting for 76. 92. Among them, Helen Zhe, Keheng, Jiawei, Wanrun technology, maoshuo power supply, zhouming technology and other stocks were among the top gainers, respectively. 22, 3. 05, 3, 2. 85, 2. 74 and 2. In addition, hengshun Vinegar Industry, Abison, Guangdong Ganhua, Guoxing Optoelectronics, langke intelligence, sunshine lighting, Dongshan Precision, yingfeite, Lianchuang Optoelectronics, Aoyang Shunchang, * ST Zhongfa, xinhaiyi, Tongyi, xuelaite, Xiamen Xinda, Linyang individual stocks such as energy, dry light, MEDA digital, * ST Dongjing also performed well, these stocks all rose more than 1. With technological innovation and cost reduction, LED downstream applications are accelerating, and lighting has become a large downstream application market for LED. The agency expects the LED lighting market to reach 29. 6 billion US dollars in 2016 and 33. 1 billion US dollars by 2017, with a market penetration rate of over 52. Under this background, LED has entered a stable growth era from full competition, and the performance of listed companies has also shown a steady growth trend. Its good operating performance has attracted the attention of market funds.