LED market demand is expected to usher in over 30 growth

Recently, the LED industry is in short supply from chips to packaging factories, and the industry also generally expects revenue to be better in May. Some insiders predict that with the launch of the LED lighting market, the demand of the LED market will increase by more than in the whole year. In the first half of the year, the newly added production capacity of the LED chip industry will be within 10. in the second half of the year, the supply and demand situation of the LED chip industry will be more balanced and even tighter. According to the new '2014 China Packaging Industry Market Report', the size of China's LED packaging market in 2013 was 7. 2 billion US dollars, an annual growth of. China is a major producer of LED application products. With the rapid increase of LED lighting penetration rate, the demand for LED devices is increasing. China has become the main market for LED packaging manufacturers. In 2013, the top five manufacturers with high market share in China were Riya chemical, Yiguang, Kerui, Jason and Philips, accounting for about 1/3 of the total market. The rapid rise of China's local LED manufacturers began in 2010. Under the dual factors of rapid expansion of upstream industrial capacity and continuous expansion of downstream application market, China's local LED packaging manufacturers have ushered in a period of rapid development. Mulinsen successfully ranked among the top five in China's packaging market, becoming a leading manufacturer of packaging in China, 2010- In 2013, the compound growth rate of LED device revenue reached 53, making it a rapidly developing manufacturer. Other major manufacturers, Ruifeng Optoelectronics, jufei optoelectronics, and rectangular lighting, have a compound annual growth rate of more than 30%. The huge demand for downstream applications provides the basis for the rapid development of local packaging manufacturers in China, and it is estimated that the rapid development trend will remain in the next few years. International LED manufacturers China revenue Rapid Growth 2013 international package manufacturers in, China market Total revenue for 2 billion beauty Yuan carried patent advantage and benefit in lighting market rise years growth up to 40. From the perspective of individual manufacturers, the annual revenue of Japan Chemical has increased by more than 70%, and the proportion of revenue in China has increased to 29; Seoul Semiconductor's revenue increased by 80%, and China's revenue share increased to 19; The international companies such as Kerui, sharp, Philips and Osram also have outstanding performance in China. On the other hand, in addition to Yiguang and Hongqi, Taiwanese manufacturers have seen a decline in revenue in China. 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.