According to the latest report from LEDinside, a division of the market research firm TrendForce, 2017 Chinese LED Chip and Package Industry Market Report, Chinese LED package market scale in 2016 reached RMB 58.9 billion, went up by 6% YoY, higher than expected. LED price held steady in 2016, some products saw price growth, and the industry is still in an uptrend under the drive of fine-pitch, automotive and lighting markets. As for the market outlook in 2020, it is expected that the Chinese LED package market size will be up to RMB 73 billion.   ...

Lighting LEDs accounted for US$3.9 billion of the US$8.8 billion Chinese LED package industry in 2015, according to the 2016 Chinese LED Chip and Package Industry Market Report by LEDinside, a division of TrendForce. Lighting LEDs’ share in the total scale of the Chinese LED package industry in 2015 also grew 15% year on year to reach 44%. MLS and Honglitronic, the two major Chinese package suppliers, have steadily expanded their market shares in the LED lighting application due to booming demand in Southeast Asia, India and other emerging markets. Consequently, their standings in the industry have gradually risen as well.

China has become a major battleground for local and international LED package suppliers as the competition in the global LED market continues to intensify. The 2016 Chinese LED Chip and Package Industry Market Report by LEDinside, a division of TrendForce, finds Nichia held on to its position as the revenue leader in the Chinese package market for 2015, while Lumileds rose to second place and MLS followed at third. The top 10 LED package suppliers in the 2015 global revenue ranking generated a total of US$3.3 billion, down 15% from 2014. Together they contr...

Fierce competition caused major shifts in the global LED package revenue ranking for 2015, according to LEDinside, a division of TrendForce. Nichia remained the leader, followed closely by OSRAM Opto and Lumileds. Samsung LED and other South Korean manufacturers suffered revenue declines due to the price war and the contraction of LED backlight market. By undercutting each other, most manufacturers ended up with lower revenues last year. Some companies’ revenues also decreased when measured in U.S. dollars due to the dollar’s appreciation.

Global market research firm TrendForce's Green Energy Division LEDinside said that, in 2013 Chinese LED packaging market value increased far quicker than the global average. LED lighting is still the largest application field of 2013 Chinese LED packaging market, accounting for 42%. Due to the rapid growth of Chinese LED commercial lighting market demand, Chinese lighting-use LED manufacturers such as MLS Lighting, Honglitronic, CF Lighting got continuously outstanding performance. High-quality indigenous chips greatly improved the competitive position for Chinese LED lighting-use LED packaging industry. According to LEDinside, indigenous chips has accounted for almost 80% in the 2013 Chinese chip market.

4Q13 Silver+ Member Report- Outline Lighting Market Development Trend-Outline Lighting Level Package Market Trend- Product Development and Strategy  Trend One: Rising Commercial, Industrial And Outdoor Lighting Markets Trend Two: Mid Power LED Market Value To Surpass High Power LED For The First Time in 2013

In 1H13, listed Chinese LED manufacturers’ total revenue increased at a Year Over Year (YOY) rate of 24.26% to US$ 629.62 million, while LED chip manufacturers’ revenue reached US$ 274.01 million. LED package manufacturers listed on the Chinese bourse also saw their revenue increase to US$ 355.61 million. Although, chip prices plunged in 1H13, overall sales increased at a YOY rate of 15.42%, companies have implemented low pricing strategies as manufacturers expanded production capacity. Taking into consideration factors including the timing of the production capacity expansion and chip performance, there were huge differences in chip manufacturers’ revenues. Affected by the LED lighting market demand, China’s major chip manufacturers’ production utilization rate reached a historical high, with San’an Optoelectronics and Elec-tech International (ETI) utilization rates at 87% and 59% respectively. Package manufacturers, especially in backlight field had the highest profits as they benefited from unexpected volume increases for lighting applications during 1H13 and an increasingly domestic backlight module supply chain.

Recently, the United State has announced the release of LED lighting development plan for 2012. According to the plan, the major purpose for LED solid state lighting is to reduce cost, improve the luminous efficiency as well as reduce retail price. In addition, the plan also predicted that the cost for LED chip and package in 2020 would reduce by 80% compared with 2012, and retail prices of 60W equivalent LED would reduce by 66% in contrast to 2013. Meanwhile, the luminous efficiency will increase by 60~100%....