Since the beginning of 2016, LED industry boom picked up, the industry chain began to rise. After a few years of the rapid decline in LED chip supply side, production capacity has been basically clear; plus foreign manufacturers each year the number of new purchase MOCVD equipment slowed down, LED chip supply has been significantly improved.
From the current situation, the LED general lighting market expands the scale of the promotion and small spacing display, automotive LED and other new market under the stimulation, after the reshuffle of the LED industry, the short supply situation is expected to continue. With the 2017 second half of the newly ordered equipment production capacity gradually released, LED industry capacity and production scale effect is further enhanced, the future will continue to maintain the "stronger strong" situation.
LED chip main foundry producing countries for China and Taiwan, after the fourth quarter of 2016, crystal production cut 25%. Crystal MOCVD machine down to 375 units. In 2017, due to the continued expansion of production capacity of Chinese manufacturers, so the global chip market output will increase production due to the Chinese manufacturers, and another wave of growth. While the proportion of China in the world will also increase to 50%.
According to the Industrial Research Institute released the "LED lighting industry market investment analysis report" data shows that 2016 LED lighting market size reached 29.6 billion US dollars. The 2017 LED lighting market size will reach 33.1 billion US dollars, LED lighting penetration rate of 52%. Benefited from the development of regional lighting market, 2016 European LED lighting accounted for 23%, followed by North America and China. In future, the Asia-Pacific lighting market will be the fastest growing branch.
