LED industry warming up small spacing outbreak new machine

Since 2015, the overall growth rate of the LED industry has slowed down. In 2015, the total output value of LED in China was 396 billion 700 million yuan, up 15.15% from the same period last year, and the growth rate was only about 30.59% of that in 2014. Since the second quarter of 2016, the LED industry has shown signs of recovery. The price of LED light terminal has slowed down and prices have bottomed out. The average price of LED bulbs replaced by 60W in 2013-2015 years decreased by 30.74%, 23.36% and 11.59% respectively. The average price of LED bulbs replacing 40W decreased by 19.25%, 17.88% and 14.52%. From the overall price trend, LED prices are gradually exploring bottom, and the price declines are obviously leveling off. The latest price report of TrendForce's LED industry research brand LEDinside (LED online) pointed out that in June, the average retail price of LED bulbs replaced by 40W incandescent lamps decreased by 0.2% to $9.5 in June, and the average retail price of 60W LED lamps dropped 12.9 to $9.5. Driven by market demand, the price of upstream and middle reaches of the packaging industry has been down, and the price of terminal lighting products has remained stable. When the conventional LED display is in fierce competition, the emergence of small spacing LED with large consumption of beads increases the demand of LED beads, and alleviates the supply-demand relationship of LED to a certain extent, which is expected to become the development direction of the future industry. Compared with the traditional large screen display technology DLP splicing wall and LCD splicing wall, small spacing LED screen has advantages in splicing, brightness, resolution and so on. In 2015, the market size of China's small spacing LED display was 1 billion 550 million yuan, and the market penetration rate was 21.7%. To 2020, the market size of small spacing LED is expected to reach 4 billion 650 million yuan, an increase of 2 times compared with 2015, while the penetration rate will reach 36.1%. The trend of industry mergers and acquisitions will continue to increase along with the downward pressure of macro-economy. Traditional electronic manufacturing enterprises are facing increasing pressure of transformation. Data show that from the perspective of the industry that the M & a industry is set up, the electronics industry is ranked second in the subdivision industry, which drives the market to show high M & a frequency and capital intensity. The prosperity of the big and the whole fields. At present, the boom of LED industry is declining, coupled with overcapacity in the industry, and the industry competition is becoming more and more intense. The incremental competition from the initial barbaric growth has gradually transformed into stock competition. LED shows that the survival space of enterprises is under greater threat. Under the severe competition pressure of the industry, the advantages of M & A are becoming more prominent, and enterprises are trying to pass through. Purchase activities enhance the market share of products, or seek new profit growth points through industrial integration, enhance R & D level, innovate continuously, enter new application sites, and open up new blue ocean market. The acquisition, merger and integration of LED industry will intensify in 2016.