Analysis of the current market situation of the ho

Analysis of the current market situation of the LED industry the industry is in a period of steady development

from a global perspective, the LED industry is in a period of steady development. At present, the global LED industry can be divided into four regions. First, in Europe and the United States, general lighting is the main direction of attack, and the product is characterized by high reliability and high brightness. Second, Japan is leading in general lighting and backlight display technology, and takes into account general lighting, cars, and TVs. Third, Taiwan and South Korea, with backlight display as the main line, including, TV, computer backlight, have large shipments but low gross profit margin. Fourth, in Chinese Mainland, the main businesses are outdoor display screens, advertising screens, lighting and other fields

the global LED market maintains a trend of rapid growth. The main growth sources are the explosive growth of indoor general lighting, architectural lighting, landscape lighting, backlight and outdoor LED large screen. In the next 3-5 years, with the maturity of technology and the decline of cost, the market penetration of LED in the field of general lighting will be further improved. The clamping system will be bolted to the fixture base 9, and automotive lighting The continued expansion of applications such as small spacing LED displays is expected to usher in a new round of explosion in the LED industry

according to the "analysis report on the market outlook and investment strategic planning of the LED industry" released by the forward looking Industry Research Institute, the penetration rate of global LED lighting in 2016 was 3. Although the standard also allows to take the lead sample of about 1%, it is estimated that the LED lighting market scale will reach US $40.4 billion in 2017, with a penetration rate of 37%. It is estimated that the compound growth rate of global LED lighting from 2017 to 2021 will be 12% next year

driven by the "national semiconductor lighting project", China's LED industry has developed rapidly. From the perspective of the current global LED market adopted by many manufacturers, China, as the manufacturing base of the global electronic industry, has become the fastest growing region of the global LED industry, and has initially formed a relatively complete industry chain including LED epitaxial chips, LED chips, LED packaging and LED applications

from 2014 to 2016, the scale of China's LED industry increased from 350.7 billion yuan to 521.6 billion yuan, with an average annual compound growth rate of 21.96%. Among them, in 2016, the market scale of LED epitaxial chips was about 18.2 billion yuan, with a year-on-year increase of 20.5%; The market scale of LED packaging was 74.8 billion yuan, with a year-on-year increase of 21.6%; The scale of LED application market was 428.6 billion yuan, with a year-on-year increase of 23.2%