The scale of China’s LED package industry grew just 2% annually to US$8.8 billion in 2015, according to the 2016 Chinese LED Chip and Package Industry Report by LEDinside, a division of TrendForce. The weak performance of the Chinese LED industry last year was mainly attributed to the global economic slowdown.

 

LEDinside analyst Allen Yu said the market is showing some signs of rebound this year as branded lighting vendors have been restocking their inventories, thereby generating demand and boosting the capacity utilization of LED chip suppliers. Only a few chip suppliers have raised prices, but their efforts are enough to stop the general downtrend in the chip market. Consequently, package prices will also remain stable in the short term. As the industry enters its maturation phase, technological advances have lowered LED usage volumes for some applications and caused these markets to contract. LEDinside projects the scale of the Chinese LED package industry to grow 5% annually in 2016 to US$9.3 billion.

The main growth driver for the Chinese package industry last year was the lighting sector. However, lighting’s contribution to demand growth was smaller than anticipated due to the weak U.S. and European economies. Yu pointed out that the Chinese exports of LED lighting products slowed down dramatically from the annual growth rate of 60% in 2014 to 16% in 2015, when they reached US$16.4 billion in value.

 

The scale of China’s LED backlight market has contracted as technological improvements continue to reduce LED usage volume. As for the Chinese LED display market, demand is growing for the fine-pitch LED display application, but this market is still too small to make a significant contribution to the overall demand.

 

As Chinese package suppliers increase their market shares, foreign competitors adopt strategies to differentiate themselves

LED package suppliers saw their revenues being squeezed last year as LED lighting vendors, who were under immense competitive pressure, compelled them to cut prices as well. China was the weakest region for foreign suppliers as their revenues from that market fell by 10% on average in 2015. Chinese suppliers, by contrast, posted annual revenue growth of 7% on average for the same year. Chinese package companies increased their revenues against the market headwinds because they benefitted from the successes of their compatriot LED lighting vendors in Southeast Asia, India and other emerging markets. Yu expects non-Chinese package suppliers to differentiate their products and develop new market segments as to avoid head-on price competition against the Chinese suppliers.

 

 

LEDinside 2016 Chinese LED Chip and Package Market Report Release: 30 June 2016 Language: Chinese / English Format: PDF Page: 241   Chapter I: Chinese LED package market scale in 2015-2020 are forecast; Chinese LED package market scales by market camps (international / CN / TW) and power type in 2015-2020 are analyzed; top 10 LED package manufacturers revenue in China   Chapter II: Market segments are discussed; Chinese backlight LED, lighting LED, and display LED market scales in 2015-2020; product specification requirement in backlight, lighting, display; Chinese top 10 manufacturer revenue ranking in backlight, lighting, and display   Chapter III: Merge and acquisition cases in 2014-2015 are compiled and analyzed (cases study, reason alanysis, impacts)   Chapter IV: 20 Chinese LED package manufacturers are analysis, covering revenue, operating activities, capacity expansion plan, major customers, and LEDinside perspective   Chapter V: 17 International and Taiwanese manufacturers are surveyed, covering revenue and profit, business in China, operating activities, major products and major customers.   Chapter VII: 16 Upstream LED chip manufacturers are introduced, covering market forecast, policy subsidies, manufacturers introduction, supply chain, and operating business Market: Market opportunities and challenges in China are discussed Company: Chinese LED package manufacturer product, technology, expansion plan, future development are discussed Strategy: International and Taiwanese LED package manufacturers opportunities and challenges in China Chapter I  Chinese LED Package Industry Trend Chinese LED Package Industry Overview 2015-2020 Chinese LED Package Market Scale 2015-2020 Chinese LED Package Market Scale- By Market Camps 2015-2020 Chinese LED Package Market Scale- By Power Types Top Ten LED Manufacturers' Revenue Rankings in Chinese Market Chapter II  Chinese LED Market Segments- Market Scale, Market Shares, Product Specifications, Supply Chain, and LED Manufacturers' Rankings by Applications Smartphone Backlight and Flash LED Markets Middle and Large-Sized Backlight Market Lighting Market Display Market Chapter III  2015 Chinese LED Package Industry Mergers & Acquisitions Major Mergers & Acquisitions Cases Causes for Mergers & Acquisitions The Impact of Mergers & Acquisitions on Package Industry Chapter IV  Major Chinese LED Package Manufacturers Analysis Nationstar Honglitronic Refond Jufei Mason ChangFang Lighting MLS Ledman Kinglight Smalite Hkled Wenrun Dongshan Precision Lightning Opto Runlite Shineon MTC APT Shenzhen Glory Sky TongYiFang Opto Ningbo SUNPU LED Guangdong LCLED Lighting Jiuzhou Optoelectronics

Content  Revenue and Profit  Product Mix  Production Capacity Expansion Plan  Business Summary for 2015  Profitability Analysis  Operating Analysis (Days sales of inventory, Days of Sales Outstanding)  Debt Paying Ability Analysis (Debt-Assets Ratio)  Product Specification Overall Evaluation Product Technology Scale Main Customers LEDinside’s Perspective  Note: Not specified currency in this chapter regarded as RMB Chapter V  International LED Manufacturers Business Operating Activities in China European and U.S. LED Manufacturers Operating Activities in China Lumileds, Osram Opto, Cree, Luminus Devices Japanese LED Manufacturers Operating Activities in China Nichia, Citizen Korean LED Manufacturers Operating Activities in China Samsung LED, LG Innotek, Seoul Semiconductor Taiwanese LED Manufacturers Operating Activities in China Everlight, Lextar, Lite-on, Unity Opto, AOT, Harvatek, Edison Opto, Brightek Optoelectronics Content Company Profile, Product and Business Strategy Revenue and Gross Margin Revenue from Chinese Market and Share Major Clients in China Chapter VI  China’s LED Package Manufacturers Competitiveness Chinese and International Manufacturers’ Competitiveness China’s Domestic Manufacturers Competitiveness Maturity in The Industry Industry Concentration Industry Integration Trend Industry Growth Opportunities and Threats Chapter VII  Chinese Chip Market Analysis Chinese LED Chip Market Overview- Policy Subsidies, Government Support, Capacity Expansion Plan Chinese LED Chip Market Scale Analysis- Global Market Scale, Global Market Share By Region, Players Market Share in China Chinese Chip Manufacturers Analysis Chapter VIII  Conclusions

 

If you would like to know more details , please contact: