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LED Market Demand Will Exceed 30%

LED industry from the chip to the package plants are in short supply situation , the industry is also widely expected May sales will be better. Insiders expect the market with the launch of LED lighting , LED market demand throughout the year there will be more than 30 % growth in the first half of the LED chip industry to add capacity in less than 10% , the supply and demand situation in the second half of the LED chip industry will become more balance even tighter .According to the latest " China Packaging Industry Market Report 2014 " shows that in 2013 China LED packaging market was $ 7.2 billion , annual growth of 20%. China is the largest producer of LED application products , along with the rapid increase LED lighting penetration rate , the demand for LED devices is growing, China has become a major market competition in the global LED packaging manufacturers . 2013 market share of the top five highest Chinese manufacturers are Nichia , Everlight , Career , Linsen and Philips , together accounted for the overall market is about 1/3. Under the beginning of 2010 , industrial production in the upstream and downstream applications market is expanding rapidly expanding dual factors , China's domestic LED packaging manufacturers usher in rapid development period. Linsen success among Chinese packaging market share of the top five , to become China's leading domestic packaging manufacturers ,2010- 2013 LED device revenue CAGR of 53% , as the fastest growing vendor . Other major vendors Ruifeng power , Jufei , rectangular lighting compound annual growth rate of more than 3 percent. Huge demand for downstream applications for Chinese domestic packaging manufacturers to provide the basis for rapid development, expected in the coming years will still maintain a rapid growth momentum.

    
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