led market in 2017
The flames of war, LED manufacturers have accelerated into niche applications
Abstract: TrendForce’s green energy business LEDinside latest research shows that in 2016 the global LED market output value reached 14.8 billion US dollars, up 3.4%. Looking ahead 2017, LED market competition is still fierce, manufacturers will accelerate to small pitch display, infrared and ultraviolet LED and other niche market in order to profit, estimated output value will reach 15.4 billion US dollars, annual growth of 4%. …
2016 global LED market output growth rate is not high, but the overall industry has undergone dramatic changes. In the small interval LED display the rise of demand, the upstream LED chip supply tight, some LED chips, packaging, and even lighting products to reflect the rising cost of raw materials, there have been the first five years of price increases. LEDinside research assistant Yu Chao said that this year’s price increase is only reflected in the raw material costs rise in the next year the release of a large new LED capacity may result in a new wave of intense competition, so most LED manufacturers are actively considering the transformation strategy , Accelerated into the niche market. LED production capacity of the arms race, accelerate the elimination of second-tier manufacturers show …….