Market demand expansion LED industry will usher in a period of rapid development

The global lighting market can be divided into three categories: general lighting, automotive lighting and display. General lighting includes office lighting, home lighting, rail transit lighting, etc., with a market share of up to 80%.

As the most promising light source, LED has many advantages such as energy saving, environmental protection and long service life. With the phasing out of incandescent lamps, countries have introduced a timetable for disabling incandescent lamps. As early as 2012, the European Union, Japan, and Canada had completely banned the use of incandescent lamps. Since 2014, the United States has banned the sale of 40W, 60W, 75W and 100W incandescent bulbs. At the same time, China also prohibits the import and sale of incandescent lamps of 60W and above, which will vigorously promote the sustainable development of China's LED lighting market, and the market penetration rate is expected to further increase.

At present, China's LED lighting applications are still in the initial penetration stage, mainly including general lighting, LED displays, traffic lights, car lights and LCD backlights. From the perspective of the LED industry chain, it can be mainly divided into upstream raw materials and chips; midstream LED packaging; downstream LED applications. Among them, the core technology of LED upstream chip and epitaxial wafer market is monopolized by foreign giants. Compared with the chip industry, China's midstream LED packaging industry is the most competitive, and the package varieties are more comprehensive. At present, China's LED packaging has formed a certain industrial scale, becoming an important low-end LED packaging production base in the world. At the same time, with the continuous improvement of process technology and the rapid increase in the market share of high-end packaging, the competitiveness of LED packaging companies will continue to increase in the future.

Last year, China's LED lighting penetration rate reached about 30%, slightly higher than the global level, there is still room for development in the future. Last year, China's LED packaging market was 8.8 billion US dollars, an increase of 2%. This year, the demand for lighting manufacturers to replenish stocks has increased. It is expected that the scale of China's LED packaging market will reach 9.3 billion US dollars in 2016, and the growth is expected to exceed 5%. With the improvement of LED technology and the increasing market demand, the LED industry will usher in a period of rapid development.

Related companies: Philips, Osram, Seoul Semiconductor, Samsung Electronics, Sanan Optoelectronics, Jingneng Optoelectronics, Mulinsen, Manjiamei, Longda Electronics, Tiandian Optoelectronics, Ruifeng Optoelectronics, Hongli Optoelectronics, Silicon Energy Lighting, Yuliang Optoelectronics, Zhaoma Electronics, Zhaoguan Lighting, Zhongzhi Optoelectronics, Yimeixinguang, Op Lighting, Sunlight Lighting, etc.

Test Power Supply

Jinan Xinyuhua Energy Technology Co.,Ltd , https://www.xyhenergy.com

Posted on