LED downstream applications demand rise, lighting, open the incremental market space
Column:Industry News Time:2017-11-09
As LED downstream application development and market penetration, stepping up lighting with high added value, small spacing, automotive LED display emerging markets will bring incremental space industry.

      As LED downstream application development and market penetration, stepping up lighting with high added value, small spacing, automotive LED display emerging markets will bring incremental space industry. Institutions are expected, due to the application requirements in the middle increases production assembly house to slow and expand the factors, such as LED prices or is expected to heat up in the future.
      Last year, according to China's semiconductor lighting industry as a whole output value reached 521.6 billion yuan, up 22.8% from a year earlier, the upstream epitaxy chip size of about 18.2 billion yuan, up 20% from a year earlier. Middle package size reached 74.8 billion yuan, up 21.5%; Downstream scale is 428.6 billion yuan, up 23% from a year earlier. LED lighting production value of 204 billion yuan last year, up 31.5% from a year earlier, accounting for 47.6% of the whole application market share. In addition, the small distance between the LED display market scale up to 54.8 billion yuan, up 29% from a year earlier, accounting for 12.8% of the whole application market. LEDinsides expected, small spacing LED consumption quantity will with 46% compound annual growth rate of advance, will consume 189.8 billion to 2021 years.
       As last year abroad LED enterprises to adjust strategy, shut down product line, overcapacity eased, domestic LED enterprises through overseas acquisitions, broaden the coverage and the technical strength. Agency said, after consolidation, clearing capacity, LED industry driven improvement in supply and demand, price trend will continue, the industry pattern is expected to gradually improve.