LED market outbreak triangle mining industry chain

In the promotion of the escort policy, sales promotion and other factors, LED has become one of the hot investment recent capital market, including xinhaiyi, Fu Jing technology and other eye-catching performance. Since the fourth quarter is the peak of LED lighting, television and other consumer products, upstream components industry sales will also be cyclical rise. With the October 1st China ban and import incandescent lamp of 60 watts and above the implementation of the policy, China has opened out incandescent roadmap, LED lighting penetration will continue to improve. Insiders said that only incandescent alternative market will add more than 12 billion new year light source demand.

LED market prospects

LED products are mainly used in backlight, color screen, indoor lighting in three major areas. As the backlight is the largest application market LED, in recent years, driven by the rapid growth of the LED industry. In the future impact of product prices and a new round of global ban incandescent lamps rise climax of other factors, indoor lighting will replace the backlight to become the fastest growing segments of the future LED. In addition, in recent years, such as small screen display and other factors to promote product upgrades, LED product growth is also rising, showing a steady growth trend. On the whole, the total demand will continue to grow in the future LED, the company has long-term investment value.

At present, China is gradually becoming the global LED industry base. Statistics show that in 2013 China's lighting industry output value of 480 billion yuan. Including the $35 billion export market and the domestic market of $about 200000000000. Compared to about 200000000000 yuan incremental market, the industry believes that the reform and opening up of the stock market will be formed in the light of the market space of trillions of dollars in 30 years. LED lighting is expected in the next 3~5 years will form a peak output value of the industry, will maintain a CAGR of 100%, the total output value of the industry is expected to reach one trillion yuan.

In addition, overseas emerging markets are bringing greater opportunities for domestic LED companies. In the first half of this year, China's LED lighting products export amount of about $4 billion 350 million. BRIC countries, about $440 million, an increase of up to 350%. Rapid growth in overseas emerging markets will continue to favor domestic LED manufacturers.

Triangle mining LED industry chain

LED industrial chain can be divided into three parts: chip manufacturing, packaging and application. In accordance with the degree of benefit, the upstream chip manufacturers will undoubtedly become the most beneficial link. In the explosive growth of the LED lighting industry, the upper reaches of the upstream chip and chip performance elasticity. Due to the high technical content of the chip manufacturing in the LED industry chain. Therefore, with R & D technology, patented technology, as well as the size of the enterprise will benefit most.

Xinhaiyi in 2011 formally enter the LED chip manufacturing. Due to the cooperation with the Chinese Academy of Sciences, the company in the chip luminous efficiency, yield and other technical indicators in the industry leader. The three quarter of 20 sets of MOCVD equipment is expected to reach full production, the second half of the LED product revenue growth will continue to accelerate the trend of present. In addition, the company recently announced, will expand the new nano crystal LED epitaxy, chip production capacity (two) investment projects. The establishment of a new generation of epitaxial wafer, chip, packaging production line. In this regard, Huatai Securities analyst Kang Zhiyi expected next year, LED production capacity will double the growth, the end of the company's MOCVD equipment production will reach 40 units.

Fu Jing technology as a public platform of Fujian Institute of research on the structure of matter owned by large shareholders, to undertake scientific research. The state of the world is a collection of LED chip design and LED packaging and sales of integrated lighting enterprise. In addition, the day before by the Chinese Academy of restructuring news to stimulate the company by two grade market funds sought. With the reform curtain opened, Future Ltd is expected to get a major shareholder asset injection.

Due to the high degree of standardization of LED packaging equipment and manufacturing process, the size of the investment is small, the technical requirements are low, so there are a large number of manufacturers in the packaging field. With the continuous development of packaging technology, packaging technology from formal to vertical, flip. Flip chip is extended from the chip to the package, so the future chip manufacturers will complete the packaging process. Packaging market space will be compressed. Transformation will become the main aspect of packaging enterprises.

Rectangular lighting is a LED packaging enterprise. In recent years, the company based on the extension of downstream lighting applications. Involved in the development of LED lighting components and LED lighting product development, production and sales. The company has been in the country's more than and 30 provincial-level administrative region to lay the dealer channels, sales network radiation nationwide.

In the development of science and technology as a semiconductor packaging mold, LED stent manufacturers. Poor performance in the first half of this year. Which LED stent revenue decreased by 20.67%. But it is worth noting that the company LED surface mount support development and industrialization projects are expected to be completed in 2015. After the completion of the expected production capacity of 40 billion stents / year. Average annual sales income of about 1 billion 500 million yuan, the average annual total profit is expected to reach $150 million.

With the outbreak of LED lighting applications and brand services to enhance the status of downstream applications and value-added services will gradually enhance the brand. Which has the advantages of brand, channel advantages and scale advantages of the industry will benefit the most.

Beneficial although the original business is EMS, but in recent years, the company will LED lighting and other independent brand business as the focus of the growth of the value of cultivation. Recent beneficial acquisition pace. After 10 million yuan to invest firefly energy, the company also invested with the establishment of a joint energy saving fireflies