LED market develops rapidly, Chinese packaging manufacturers rise

According to the new '2014 China Packaging Industry Market Report' by LEDinside, a green energy business division under the market research organization TrendForce, the size of China's LED packaging market in 2013 was 7. 2 billion US dollars. the annual growth rate was 20. Before 1/3, the five manufacturers with high market share in China were Riya chemical, Yiguang, Kerui, Jason and Philips, accounting for about of the total market. Since 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 a basis for the rapid development of Chinese local packaging manufacturers, and the agency estimates that it will maintain a high-speed development trend in the next few years. 2013, china led package market scale for 7. 2 billion beauty yuan years growth Natural 20 because, China for LED application products production power with the LED lighting permeability of fast improve LED device of demand more and more big china has become the main market for LED packaging manufacturers. 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, except for Yiguang and Hongqi, Taiwanese manufacturers' revenues in China have all declined. LED analyst Yu Bin said that the rapid rise of Chinese packaging manufacturers has first posed a threat to Taiwanese manufacturers. but for international manufacturers, there is not much impact in the short term.