By policy support in 2017 China LED components is expected to rise to the top of the world

The global LED market downturn, according to statistics, in 2016 the global LED element output value amounted to $17 billion, compared with 2015 2% decline, which the mainland area due to policy support, the annual output growth of 18%, this year also jumped to the highest in the world at.

According to the photoelectric Association statistics, in 2016 the global regional industrial output LED element (including LED chip, package, grain, Lei module) totaled $17 billion, of which 2% years of recession, Chinese mainland because of policy support, the annual output growth of 18%, jumped to the highest in the world, the euro zone growth of 7%, the United States and South Korea in the biggest recession that was the year by 13%, Japan fell 12%, Chinese Taiwan area after capacity to adjust the proportion, increase the proportion of four yuan of niche products, reduce the price and output of Blu ray products fierce, so the output is only minus 2% years.

PIDA said that in recent years, Chinese policy support LED component industry, the success of enterprises to the world's top ten position, also through active international mergers and acquisitions, to further enhance the technology and market share, plus Chinese, has an important position in the global lighting applications, liquid crystal display panel terminal application industry, for LED the industry has a greater additive effect, can face the situation of poor in the whole LED application requirements, maintain a thriving and enhance market penetration, output this year will exceed the Chinese Chinese in mainland Taiwan, made the LED element for regional industry leading position, LED value, China element output is expected to jump in 2017 ahead of the world.

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