The global LED market is dominated by Asia, the United States and Europe. The main manufacturers are Japan's Nichia and Toyoda Gosei, Cree in the US and Philips Lumileds and Osram in Europe. The above five major manufacturers have relatively perfect industrial chain, and have strong technical strength in the upstream of the industrial chain, monopolizing the high-end product market. With the continuous development of the LED industry, the number of LED companies has also increased rapidly. Japan, South Korea, which are at the high end of the industrial chain, Japan, Europe, and the middle and lower reaches of the industrial chain are gradually shifting to emerging markets with lower manufacturing costs. China's LED lighting industry started in the 1970s. After more than 30 years of development, it has formed a relatively complete LED industry chain from upstream materials, midstream chip preparation, downstream device packaging and integration applications. Most manufacturers start from the downstream packaging and gradually enter the upstream epitaxial wafer production. At present, there are fewer LED upstream and midstream enterprises in China, which makes the epitaxial wafer and chip industry have higher industrial concentration. However, there are more enterprises involved in downstream packaging and application fields, but fewer companies have formed scale effects, and the industrial concentration is relatively low. More intense; because domestic labor costs are relatively low compared to developed countries, and the government has introduced more preferential policies for LED industry, in recent years, large foreign LED manufacturers have come to China to set up factories, and the international packaging industry has gradually shifted to China. At present, the domestic LED industry cluster is mainly concentrated in the Yangtze River Delta, the Pearl River Delta, the Bohai Economic Circle and the Handan region. The Pearl River Delta region is the region with the largest concentration of LED packaging enterprises in China and the largest packaging industry. The number of enterprises accounts for about half of the country. The region is home to a large number of manufacturers and agents of packaging materials and packaging equipment, the most complete supporting. Domestic LED industry chain representatives represent the following: China's LED industry typical enterprise layout In 2014, China's semiconductor lighting industry's overall scale reached 350.7 billion yuan, an increase of 36% over the same period in 2013. In 2015, the overall scale of China's semiconductor lighting industry reached 424.5 billion yuan, an increase of 21% compared with 2014. Compared with the annual growth rate of more than 30% in the past 10 years, the growth rate has dropped significantly. 2006-2015 China LED industry market scale chart In 2015, China's LED epitaxial chip link output value of about 15.1 billion yuan, an increase of about 10% compared with 2014, due to the increase in the number of MOCVD equipment and capacity utilization, the production of epitaxial wafers Compared with 2014, it increased by 31%, and chip production increased by 40%. However, due to the drop in chip prices by nearly 30%, the output value increased less than the output; the overall development of LED packaging was stable, with an output value of 61.5 billion yuan. Compared with the increase of 30% in 2014, and the release of the previous production capacity, the overall output of LED packaged devices has increased by 50%, the average price has dropped by more than 30%, dragging the output value growth by only 19%; the industrial scale of LED application field has reached 347.9 billion yuan. Although it is affected by the continuous price reduction, it is still the fastest growing link in the industry chain, with an overall growth rate of nearly 22%. Among them, LED general lighting is still the most important driving force for market development, with an output value of 155.2 billion yuan, a growth rate of 32.5%, and a penetration rate of over 30%. The proportion of the application market also increased from 41% in 2014 to 2015. 45%. Although the output value of the three major industrial sectors has increased, the growth rate of each link has dropped significantly, indicating that China's semiconductor lighting industry has begun to shift to the new normal of medium and high-speed growth. 2006-2015 China's semiconductor lighting industry, all sectors of the industry scale: 100 million yuan
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