LED packaging market enters the new normal growth rate, highlighting the competitive pressure of enterprises

[Text/High-tech LED Industry Research Institute (GLII)] According to the statistics of the High-tech LED Industry Research Institute (GLII), the scale of China's LED packaging market in 2014 increased from 47.3 billion in 2013 to 56.8 billion yuan, a year-on-year increase of 20.1%.

In the next few years, GLII expects that the scale of China's LED packaging market will continue to grow, but the growth rate will continue to decline. It is estimated that in 2015, China's LED packaging market will reach 65.7 billion yuan, a year-on-year increase of 15.7%.

Chart 1: 2010-2015 China LED packaging market size and growth forecast analysis (unit: 100 million yuan,%)


Source: Gaogong LED Industry Research Institute (GLII)

SMD is the mainstream packaging form. In 2014, SMD accounted for 60% of the output value of the packaging market, and its proportion increased rapidly compared with the previous year. In 2014, SMD mainstream models were mainly 2835, 4014, 5730, 3535, 3030, etc. Among them, 2835 models accounted for more than 50% of SMD packaging market.

In recent years, the integrated COB packaging market has become more and more accepted, and has been widely used in lighting products such as spotlights, downlights, and floodlights. In 2014, the market share of integrated COB packaging reached 22%.

Figure 2: Proportion of market share (amount) of different process products in China's LED packaging in 2014 (unit: %)

Source: Gaogong LED Industry Research Institute (GLII)


In 2012, the output value of China's LED packaging for indoor lighting reached 9.2 billion yuan, and LED indoor lighting replaced the display screen to become the largest LED packaging application field. In the past two years, LED indoor lighting industry continues to develop at a high speed to drive the rapid growth of LED packaging demand. In 2014, the output value of LED packaging in China for LED indoor lighting reached 21.6 billion yuan, which is far ahead of other sub-sectors.

Figure 3: Distribution of market size of various application areas of LED packaging in China in 2014 (unit: %)


Note: Other applications mainly refer to portable lighting, instructions, etc. Source: Gaogong LED Industry Research Institute (GLII)

China's LED industry has formed a complete industrial chain, initially forming four major regions of the Pearl River Delta, the Yangtze River Delta, the North, and the Jiangxi Province of Fujian. In the current regional distribution of the number of LED companies in the country, Guangdong Province still has an absolute advantage.

Figure 4: Regional distribution of China's LED packaging companies in 2014 (unit: %)


Source: Gaogong LED Industry Research Institute (GLII)

Note:

Pearl River Delta: Guangdong Yangtze River Delta: Jiangsu, Zhejiang, Shanghai and other regions: other provinces or municipalities directly under the Central Government of the Pearl River Delta region is the earliest development area of ​​China's LED industry, its industrial chain support is very perfect, in addition to LED upstream epitaxial chip field is slightly lacking, LED Downstream packaging and applications are far ahead of the rest of the country. In the last one or two years, under the strong support of the local government, the Yangtze River Delta region has a strong development momentum and strong industrial activity. Large-scale LED investment has emerged and the industrial agglomeration effect has gradually formed. LED industry chains in other regions are relatively weak, and the distribution of LED packaging companies is relatively dispersed.

Shenzhen is the most concentrated city of LED packaging in the country. In 2014, the number of LED packaging companies in Shenzhen accounted for 37% of the total number of LED packaging companies in China.

Figure 5: Comparative analysis of the number of LED packaging companies in major cities in China in 2014 (unit: %)


Source: Gaogong LED Industry Research Institute (GLII)


Sterilization Card Bags

Sterilization Card Bags

Guangzhou Ehang Electronic Co., Ltd. , https://www.ehangmobile.com

Posted on