Decoding China's LED packaging market in 2015

[LED] China network according to the TrendForce's green energy division LEDinside latest "2015 China packaging industry market report" shows that in 2014 China LED packaging market size of up to $8 billion 600 million, the annual growth of 19%. Which is still the main driving force for the growth of the market, with the rapid rise of LED commercial lighting and home lighting penetration, continue to drive the market demand is growing. The large-size backlight with advanced technology and the number of LED per unit area of the backlight use decreased, LED TV market demand growth is slow, resulting in large size LED backlight market demand decline; as for the small size backlight part, China brand mobile phone share is rising, the market demand is still in a rising stage. However, small screen LED will have the opportunity to become a new breakthrough point, the next two years, the market demand is expected to grow rapidly.

LEDinside analyst Yu Bin said, China has become a major market for global LED packaging manufacturers compete, 2014 China LED packaging market top ten manufacturers market share amounted to 45.6%, grow 2% compared to the same period last year, the industry reshuffle is still ongoing, and gradually improve the industrial concentration. The top ten vendors, Nichia, billion light still occupy the top two manufacturers; China Linsen leaps to third; CREE and PHILPS immediately after.

2014 international manufacturers in the total revenue Chinese LED packaging market size of $2 billion 350 million, the annual growth of 17%, but compared to 2013 40% years of growth, can still be seen in international firm growth slowed dramatically in China package market revenue last year. International manufacturers of products corresponding to the market for Europe and the United States and other developed regions, in the past with the advantages of technology, brands and patents, in the high-end market has a higher market share. With the development of LED industry, the advantage has gradually become less obvious, some of the market was captured by China and Taiwan manufacturers.

Taiwan manufacturers in 2014 in China packaging market revenue of $740 million, an annual growth of up to 16%, compared to the 2013 recession in, the performance has improved. Taiwan factory in the past is in a more awkward position in the market, because the product price is not obvious, the rise of Chinese manufacturers greater impact, so the overall decline in the trend. 2014 part of the plant transformation strategy, in ensuring the quality of the premise, the introduction of low price products, the pursuit of cost-effective products, such as 100 million light, East and other manufacturers in China LED backlight market have a good performance.

Chinese manufacturers continue to maintain a fast track situation, in 2014 the scale of revenue reached $5 billion 490 million, an annual growth of 21%, the fastest growing region for the three camps. Because of the rapid development of emerging market China and Southeast Asia, Chinese line packaging manufacturers such as Linsen, country star, Hongli, poly and other Ruifeng sustained rapid growth, revenue growth rate in more than 30% years. Yu Bin pointed out that technology, patent issues are the main bottleneck for Chinese manufacturers to enter the high-end market, such as Europe and the United States, if we strengthen cooperation with international manufacturers will be able to break through. In January this year, poly Ruifeng and TOYOTA Japan Synthetic fly has signed and TOYOTA patent licensing is the best white synthesis paradigm, expected future there will be more China packaging manufacturers and international manufacturers to cooperate in technology and patent, in order to expand the high-end market in Europe and America etc..

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