Thanks to governments to ban/disable of incandescent lamp and LED lighting products prices fall, LED lighting market is expected to achieve rapid growth in 2015, year-on-year growth to 28.5%.China as the world’s second largest LED lighting market rose more than 40% in 2015, is one of the world’s fastest growing market.At the same time in the first half of 2014 China entity channel LED permeability has reached 59%, double electric business channel LED sales growth, these are for the outbreak of the LED lighting market in China to lay a solid foundation.Second, the street market.
At the same time, in 2015 China’s LED lights market scale will reach 23 billion yuan, up 56% from a year earlier, the market potential is tremendous.LED small spacing as more than 60 inch screen replacement for traditional screen splicing products for LED screen manufacturers bring more than 20 billion yuan of market opportunities.Up the domestic market penetration, will become the powerful Chinese companies in overseas markets for emphasis, products of good quality and experience in overseas sales companies will gain first mover advantage
In the backdrop of the rapid development of industry, the LED industry development present three big changes, to highlight the advantages of mainland companies.First of all, local LED chip and packaging companies in 2014 year-on-year growth in operating income are better than Taiwan counterparts, and the gap is bigger, thus the mainland and Taiwan LED to the contrasts of power enterprises have been reversed, mainland enterprises with the help of geographic and cost advantage in mainland China lighting the rise of gain more market share, thereby cram into Taiwan counterparts space for development.Second, mainland LED chip manufacturers are rising global influence, in 2015 is expected to add about 74% share of MOCVD equipment from local enterprises, the total output of chip expansion after the mainland leading enterprises to global account for over 20% than the mainland and the LED chip industry market concentration is also improved, 2014 years ago, five major chip manufacturers combined market share accounted for 67%, rose 3% from 2013, the industry monopoly pattern formation.Finally, because the LED packaging and application of industry market concentration is low, the industry competition is intense, so the merger integration will become one of the main ways of industry leading de