The output value of LED lighting market will reach 35. 3 billion US dollars in 2015

LEDinside, a green energy business division under TrendForce, a market research institution, estimates that the output value of LED lighting market in 2014 will increase by 47. 5% over this year. 8, reaching 35. 3 billion US dollars, the penetration rate of LED lighting will also increase to 32. 7/. Optimistic about the market prospects, Jingdian, Yiguang, Dongbei, AI Desen and other Taiwan factories are actively expanding production to meet business opportunities. Li Bingjie, chairman of Jingdian, once said that LED must grab market share when entering lighting applications, so it is necessary to prepare production capacity. Guo Zhihao, a senior analyst at TrendForce, said that in order to meet the market demand for new LED bulbs and lamps in 2014, it is estimated that 250 MOCVD machines will still need to be added. Judging from the capacity utilization rate of LED chip factories this year, the capacity of first-line LED chip factories in Taiwan and mainland China is at high-grade water level. Although there are still a large number of MOCVD machines in the mainland market, however, most of these machines are in the hands of small factories. Under the circumstance that the market price competition is still quite fierce, the cost for small factories to start these MOCVD machines is too high. LEDinside expects that small factories will continue to withdraw from the LED supply market. Judging from the rising demand for LED lighting in 2014, competitive LED chip factories still need to continuously increase their production capacity 2014. In addition to continuously improving the yield, the number of days the machine runs and the number of times it runs, it is estimated that large LED chip manufacturers may also adopt mergers and acquisitions of small factories in 2014 to obtain MOCVD machines to expand production capacity.