Under the beginning of 2010 , industrial production in the upstream and downstream applications market is expanding rapidly expanding dual factors. China’s domestic LED manufacturers usher in rapid development period. Linsen success among Chinese packaging market share of the top five to become China’s leading domestic packaging manufacturers, 2010- 2013 LED device revenue CAGR of 53%, as the fastest growing vendor. Other major vendors Ruifeng power, Jufei, rectangular lighting compound annual growth rate of more than 3 percent. Huge demand for downstream applications for Chinese domestic packaging manufacturers to provide the basis for rapid development. The agency forecast in the coming years will still maintain a rapid growth momentum.
2013 Chinese LED packaging market was $ 7.2 billion, annual growth of 20%, as China is the largest producer of LED application products, along with the rapid increase LED lighting penetration rate. The demand for LED devices is growing, China has become the world’s the main market for LED packaging manufacturers compete; 2013 international packaging manufacturers in China market total revenues of $ 2 billion, buttressed by patent lighting market advantage and benefit from the rise of up to 40% annual growth.
From individual manufacturers to observe, Nichia annual revenue growth of more than 7 percent, the proportion of revenue in China increased to 29%; Seoul Semiconductor revenue growth of 8 percent. The proportion of revenue in China increased to 19%; while Cree, Sharp, Philips, Osram and other international companies in China, there are brisk sales performance. On the other hand. Taiwan manufacturers in addition to light and Wang Qi million, revenue from other vendors in China have declined. LED analyst Yu Bin said that the rapid rise of China packaging manufacturers. The first Taiwanese manufacturers formed a threat, but to the international manufacturers, and not much impact in the short term.