LED lighting market penetration rate increases, market growth potential is huge

Since 2016, the prosperity of the LED industry has rebounded and the industrial chain has started to raise prices step by step. After the rapid decline of LED chip supply in previous years, the production capacity has been basically cleared; In addition, the number of new MOCVD equipment purchased by foreign manufacturers has slowed down each year, and the supply of LED chips has been significantly improved. Since 2016, the prosperity of the LED industry has rebounded and the industrial chain has started to raise prices step by step. After the rapid decline of LED chip supply in previous years, the production capacity has been basically cleared; In addition, the number of new MOCVD equipment purchased by foreign manufacturers has slowed down each year, and the supply of LED chips has been significantly improved. Judging from the current situation, under the stimulation of the expansion of LED general lighting market scale, the promotion of penetration rate and the promotion of new markets such as small-pitch display and automotive LED, after the reshuffle, the LED industry is in short supply and is expected to continue. With the gradual release of newly ordered equipment production capacity in the second half of 2017, the LED industry's production capacity and production scale effect are further improving, and the strong will continue to be strong in the future. LED chips are mainly produced by China and Taiwan. After the first quarter of 2016, Crystal electricity production decreased by 4th. The MOCVD machine of Crystal electricity dropped to 375. In 2017, due to the continuous expansion of production capacity by Chinese manufacturers, the output value of the chip market will have another wave of growth due to the increase in production by Chinese manufacturers. The proportion of China will also increase to 50. According to the 'LED lighting industry market Investment Analysis Report' data released by the prospective Industry Research Institute, the LED lighting market will reach 29. 6 billion US dollars in 2016 and 33. 1 billion US dollars in 2017, LED lighting penetration rate reached 52. Benefiting from the development of regional lighting market, LED lighting in Europe accounted for 23 in 2016, followed by North America and China. In the future, the Asia-Pacific Lighting market will grow rapidly. The report data also show that China's packaging output value reached 73. 7 billion yuan in 2016, up 14. 5% year on year. 33, and with the recovery of LED application market, especially LED lighting market, driven by strong demand in niche market, China's LED packaging market is expected to reach 87 billion yuan in 2017, up year on year. It is estimated that the scale of China's LED packaging will further increase to 128. 8 billion yuan in 2020, and the scale of China's LED packaging industry will maintain 13-The growth rate of 15. The general lighting market includes LED lamps, energy-saving lamps, fluorescent lamps, high-pressure gas discharge lamps, halogen lamps, incandescent lamps and other LED lamps, which have the advantages of small volume, low power consumption, long service life, non-toxicity and environmental protection, gradually developed from outdoor decoration and engineering lighting to home lighting, gradually replacing traditional lamps. With the promulgation of various LED lighting product policies in various regions, the elimination of incandescent lamps and the selection of LED light sources with higher light efficiency will be accelerated. The penetration rate of LED lighting products will also be further increased in the future, and the market growth potential of LED products will be huge. The 'LED lighting industry market Investment Analysis Report' issued by the prospective Industry Research Institute expounds the overall situation of the LED lighting market from various aspects such as market overview, industrialization progress, regional development, policy analysis, key enterprises, etc. development status, on this basis, the investment potential of LED lighting project is analyzed. For more questions, click online consultation and researcher to achieve one-on-one communication.