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LED chip industry outlook

time:2017-07-29 14:39:00 browse:5507次

China's LED chip market from 2009 to 2010, the basic supply and demand balance, 2011 oversupply, 2012 has been seriously oversupply, to 2013 adjustment stage. After 2014 is expected to be driven by the downstream market demand, LED chip demand will begin to enter a steady growth, the industry stage of large-scale integration.


Demand for LED chips continues to grow


In 2013, the chip industry showed a trend of polarization, and output value and resources were gathered to individual enterprises. In 2014, smaller and weaker chips will become targets for mergers and acquisitions.
Data show that in 2013, China's LED chip industry market demand reached 8 billion 400 million yuan (excluding Hong Kong, Macao and Taiwan regions), an increase of 17%. Among them, China's domestic enterprises LED chip market demand growth rapidly, from 5 billion yuan in 2010 to more than 8 billion yuan in 2013.


LED chip industry demand outlook forecast


Since 2013, China's local governments are no longer blindly supporting all LED chip enterprises, but focus on a few outstanding key enterprises. Therefore, the entire LED chip industry in 2013 capacity expansion is very limited, only the leading enterprises at this stage began to seek expansion, and capacity expansion is mainly based on demand.


According to the "2014-2018 LED China industry market outlook and investment strategy planning analysis report" data show that LED chip light effect every year to improve 20-25%, if prices remain unchanged, the gross margin is the LED chip, it is expected that by 2014 there may be LED chip shipments and gross margin double up situation.


Predict 2014-2020 years, the market scale of China's LED chip will maintain an average growth rate of 11.85% per year, and in 2020, China's LED chip market demand scale of nearly 17 billion 500 million yuan.


As a result of reduced LED chip industry profits, LED products into the parity period, many enterprises hope to rely on expanding the scale to get more profits, the current Chinese MOCVD capacity utilization is only about 30%, about 50% of power rate, although the downstream lighting market demand is relatively strong, but due to many years of capacity expansion, and the utilization rate is not high, causing the machine a huge loss, so the LED industry in the future to integrate existing resources, expand production capacity may exist in several listed companies greater probability.
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