LED market demand will exceed 30% full bloom growth

Review: according to the latest 2014 China packaging industry market report shows that in 2013 China's LED packaging market size of $7 billion 200 million, an annual growth of 20%. China is a big country in the production of LED applications, with the rapid increase in LED lighting penetration, the increasing demand for LED devices, China has become the world's major market competition LED packaging manufacturers.

Recently, the LED industry from the chip to the packaging plant are in short supply situation, the industry is generally expected in May revenue will be better. The industry is expected, with the LED lighting market started, the market demand for LED will have more than 30% growth in the first half of the LED chip industry new capacity is less than 10%, the second half of the supply and demand situation of LED chip industry will be more balanced and even tighter. According to the latest 2014 China packaging industry market report shows that in 2013 China's LED packaging market size of $7 billion 200 million, an annual growth of 20%.

China is a big country in the production of LED applications, with the rapid increase in LED lighting penetration, the increasing demand for LED devices, China has become the world's major market competition LED packaging manufacturers.

LED market demand will exceed 30% full bloom growth

China's rapid rise in the domestic LED manufacturers began in 2010, in the upstream industry capacity expansion and the rapid expansion of the downstream application market under the dual factors, China's domestic LED packaging manufacturers ushered in a period of rapid development.

The huge demand for downstream applications for the domestic packaging manufacturers to provide the basis for the rapid development of the next few years is expected to continue to maintain rapid development momentum. International LED manufacturers in China's rapid growth in revenue in 2013, the international packaging manufacturers in the Chinese market with a total revenue of $2 billion, with a patent advantage and benefit from the rise of the lighting market, the annual growth of up to 40%.

From the individual manufacturers to observe, Nichia annual revenue growth of more than 7, China area proportion increased to 29% of revenue; Seoul semiconductor revenue growth of 8, China area proportion increased to 19% of revenue. LED analyst Yu Bin said that the rapid rise of China's packaging manufacturers, first of all, the formation of a threat to Taiwan manufacturers, but for international manufacturers, in the short term and not much impact.