Globally, the number of participating companies in the LED industry chain is pyramid-shaped. In 2016, the global LED industry market reached 699.6 billion yuan, an increase of 8.6% compared with 2015, the lowest increase in 4 years. It is expected to continue to decline in the next few years, but the overall upward trend remains unchanged. Although the global LED market scale growth in 2016, the global LED industry market growth slowed down, and the future trend is expected to be upward. Globally, the number of participating companies in the LED industry chain is pyramid-shaped. In 2016, the global LED industry market reached 699.6 billion yuan, an increase of 8.6% compared with 2015, the lowest increase in 4 years. It is expected to continue to decline in the next few years, but the overall upward trend remains unchanged. Although the global LED market growth rate is not high in 2016, the internal changes in the industry are greatly adjusted, and the prices of products in the downstream lighting application sector continue to fall, but the upstream chip and packaging links are booming. China's LED industry is expanding steadily, and the structure differentiation in the industry is increasingly obvious. China has initially formed a relatively complete industrial chain including LED epitaxial wafer production, LED chip preparation, LED chip packaging and LED product application. With the improvement of the supply and demand pattern in the upstream chip field, the overall chip supply is in short supply; the market size of the midstream packaging field continues to expand; the general scale of downstream applications accounts for more than 40%, the growth rate of traditional applications is slowing down, emerging applications are continuously expanding, and the LED industry boom is expected in the future. Continuous improvement, the structural differentiation within the industry is becoming more and more obvious. Leading enterprises in the segment continue to benefit, and downstream emerging applications lead the industry to develop higher technology in the upstream LED chip field. The listed companies in the upstream chip field in China mainly include Sanan Optoelectronics, Dehao Runda, Aoyang Shunchang, etc. The main fields are Dongshan Precision, Zhaochi, Mulinsen, Honglizhihui, etc.; downstream applications include Op Lighting, Liard, and Zhouming Technology. In general, the listed companies in China's LED industry are mainly concentrated in the midstream packaging field and downstream application areas. The industry leaders continue to benefit from the fierce market environment, and downstream emerging applications lead the industry. With the improvement of the supply and demand pattern in the upstream chip field, the overall chip supply is in short supply; the market size of the midstream packaging field continues to expand; the general scale of downstream applications accounts for more than 40%, the growth rate of traditional applications is slowing down, emerging applications are continuously expanding, and the LED industry boom is expected in the future. Continuous improvement, the structural differentiation within the industry is becoming more and more obvious. LED chip field technology threshold is high, it is recommended to have long-term technology accumulation and industry leading Sanan Optoelectronics; LED packaging field is fierce competition, industry concentration is constantly improving, it is recommended to package large enterprises Mulinsen and Hongli Zhihui; LED application field The industry penetration rate continues to increase, the growth rate of traditional applications slows down, and the growth rate of emerging applications exceeds that of traditional applications. It is recommended to create the original enterprise Liard in the emerging LED small pitch technology.
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