From a global perspective, the LED industry is in a period of steady development. At present, the global LED industry can be divided into four regions. From a global perspective, the LED industry is in a period of steady development. At present, the global LED industry can be divided into four regions. First, the European and American regions, with general lighting as the main direction, the product features high reliability and high brightness. Second, Japan is leading the way in general lighting and backlight display, and takes into account general lighting, automobiles, mobile phones and televisions. The third is Taiwan and South Korea, with backlight display as the main line, including mobile phones, TV, computer backlights, large shipments but low gross margin. The fourth is mainland China, whose main business is outdoor display, advertising screens and lighting. The main growth of the global LED market to maintain rapid growth is the explosive growth of indoor general lighting, architectural lighting, landscape lighting, backlights and outdoor LED large screens, in the next 3-5 years, with the maturity of technology and cost As the decline, LED penetration in the general lighting market will further increase, and the continued expansion of automotive lighting, small-pitch LED display and other applications is expected to usher in a new round of LED industry explosion. According to the data of the LED Industry Market Prospect and Investment Strategic Planning Analysis Report released by the Prospective Industry Research Institute, the penetration rate of global LED lighting in 2016 is around 31%. It is expected that the LED lighting market will reach US$40.4 billion in 2017. Up to 37%, the global LED lighting annual growth rate is expected to be 12% in 2017-2021. Driven by the national semiconductor lighting engineering plan, China's LED industry has developed rapidly. From the perspective of the current global LED market, China, as the global electronics industry manufacturing base, has become the fastest growing region in the global LED industry, initially forming a relatively complete industry including LED epitaxial wafers, LED chips, LED packaging and LED applications. chain. From 2014 to 2016, the scale of China's LED industry increased from 350.7 billion yuan to 521.6 billion yuan, with an average annual compound growth rate of 21.96%. Among them, in 2016, the LED epitaxial chip market was about 18.2 billion yuan, up 20.5% year-on-year; the LED packaging market was 74.8 billion yuan, up 21.6% year-on-year; the LED application market was 428.6 billion yuan, up 23.2% year-on-year. (Original title: LED industry market status analysis industry is in a stable development period) (
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