Bargain amount to profit LED manufacturers seeking opportunities in market segments

LED capacity with the main use of pile up in excess of requirement, improve the permeability of backlight lighting, price competition is intense, although a huge number, but manufacturers can profit from LEDinside research associate Chu Chao said in LED, although manufacturers actively towards lowering cost and innovation development, but in the face of fierce competition in the LED industry, only to actively develop new applications for profit space.

Chu Yu Chao said, with the LED lighting market price close to the people, the future purchase of LED lighting products will greatly enhance the proportion, but the future price LED lighting will become the market norm, even a large number of LED light source, I can create a stable source of revenue.

Manufacturers are also looking for new applications, such as automotive lighting, IR LED, UV LED, wearable devices and other entertainment applications, such as alternative markets, in order to obtain a better profit.

Crystal electric nail machine Market

LEDinside also believes that the application of LED UV LED, IR display, LED and wearable devices, are optimistic, think these niche markets will become their source of profit, although the proportion of total revenue is not high, but the gross profit and growth are very good.

EPISTAR financial officer Zhang Shixian pointed out that the crystal electric lighting products is still the main revenue accounted for about 4, but there are also actively developing other new areas of application, such as UV LED, crystal electric hit the top 2 brands Manicure machine supplier.

Other industries, such as industrial, medical and other markets, the future will be gradually formed in the use of household appliances, the scale is not large, accounting for about 5% of the proportion of crystal electricity revenue.

Plant lighting has potential

In addition, the plant lighting part, Zhang Shixian also believes that the growth of this, very promising, especially the 2018~2020 plant lighting will quickly rise, mainly is the present climate change in weather conditions, LED lights for planting and flower lighting will gradually increase the proportion of Vegetable & Fruit.

Chu Chao pointed out that the LED market growth is expected to slow down in 2016~2019 years, the compound annual growth rate (CAGR) will be only 2% this year, LED market output is expected to reach NT $475 billion 300 million.

This year, the size of the LED lighting market will reach $25 billion 700 million, penetration of up to $31% in 2016 reached $30 billion 500 million, penetration increased to 36%.

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