The demand for LED downstream applications is booming, and the upstream industry will usher in spring

With the continuous expansion of LED downstream applications and the gradual increase of market penetration rate, emerging markets such as lighting, small-pitch display and automotive LED with high added value will bring incremental space to the industry. The agency expects that LED price increases will rise in the future due to factors such as slowing down the expansion of packaging plants in the middle reaches and expanding the demand for downstream applications. LED is a semiconductor device that can convert electric energy into light energy. It has the advantages of energy saving, environmental protection, safety, long service life, low power consumption, etc. From the perspective of industrial chain, LED mainly includes upstream chip manufacturing, Midstream packaging and downstream applications. The downstream LED applications are mainly divided into lighting, display, backlight, decoration, automobile lighting and other fields. LED application is an important link with high added value in the whole industrial chain. Incandescent lamps have been rapidly eliminated in recent years, and LED has become the mainstream light source for lighting. At present, the large-scale market for LED downstream applications is in the lighting field, followed by backlight applications and display screens. Among them, the scale of display screen application has maintained a steady growth trend, especially with the continuous maturity of small-pitch LED display screen technology, LED display screen application will gradually move from outdoor oversized display to indoor application. The rapid expansion of application fields has further increased the proportion of LED display screens in the entire downstream application industry chain. In addition, LED also expands its application field to medical diagnosis. University of Heriot, UK (Heriot-Watt University) Studies have found that an LED technology can detect early cataracts, which is expected to allow cataract patients to start treatment early and reduce medical resources. While bringing convenience to human life, it also solves the pain for human beings, which makes LED make a qualitative leap in the application field. When science is popular and wisdom is flying, the application of LED will penetrate into all walks of life. Under the trend of strong demand for downstream applications, the upstream industry will also be in short supply, but at the same time, the quality of LED should not be underestimated. The chip is the core of LED, and the circuit board is the carrier of the chip. Its efficacy directly determines the use efficiency of the chip, thus directly affecting the lighting effect and backlight effect of LED. The production and development of LED lighting and LED backlight products will drive the rapid start of ceramic circuit boards. As a new generation representative of the circuit board industry, ceramic circuit boards have higher thermal conductivity and more matching coefficient of thermal expansion compared with traditional materials, and have less high temperature loss, it is undoubtedly the best choice for the LED market in the future. At the same time, in the first half of 2016, the penetration rate of China's physical channel LED has exceeded 60, and the sales volume of e-commerce channel LED has doubled, which has laid a solid foundation for the outbreak of China's ceramic circuit board industry market, in the future, it will definitely lead the LED field. (