LED chip industry concentration will continue to improve

Data show that from 2014 to 2016, the three years of LED lighting export growth fell significantly in 2014, the growth rate of 64% in 2015 fell to 16%, 2016 export growth rate of 0, LED lighting on the industry the driving force is obviously insufficient. However, LEDinside analyst Yu Bin pointed out that from the upstream point of view, the entire LED lighting industry is still in growth.

From the data point of view, in 2016, the entire Chinese LED chip market growth rate significantly, the market size reached 13.9 billion yuan, an increase of 9%, the price stabilized. "This is mainly because in some sub-areas, such as small spacing and other markets to promote the entire market volume. In addition, relative to 2015, 2016 LED chip prices are relatively stable, some chips have increased prices. This is the growth of the entire market One of the reasons. "Yu Bin said.

On the whole, the growth rate of local manufacturers in mainland China in 2016 was relatively high, reaching 13%. But the import chip, a negative growth trend, down 2%. Yu Bin pointed out that this is mainly because the 2016 Chinese mainland manufacturers to release a larger capacity.

With the Chinese manufacturers to enhance the capacity, as well as technically the gap between the Vietnamese increasingly small, price, delivery, rapid market response and other advantages, 2016 LED chip domestic rate increased to 76%, reaching 10.6 billion yuan, Imports were $ 3.3 billion. Yu Bin believes that with the mainland LED chip manufacturers continue to expand production, 2017 domestic rate will continue to rise.

In addition, with the mainland manufacturers continue to release production capacity, 2016 mainland chip factory output value of 11.4 billion yuan, up 13% growth in output value. As the mainland chip manufacturers cost advantage is obvious, the export ratio has increased, in 2014, the export rate of 8.9%, 2015 decline, the export rate of 8.1% in 2016 to 9.6%.

It is noteworthy that, LED industry reshuffle has been sustained, large Hengda situation is very obvious, which makes the LED chip industry to further enhance the concentration. Data show that 2016 years ago, the top ten LED chip manufacturers in the overall market accounted for 77% of the share of revenue scale of 10.7 billion yuan, up 15%. Among them, the three security, crystal power, Hua Can the top three manufacturers accounted for 50% market share, in particular, San An in a dominance, accounting for nearly three percent of the market share. "This shows that the growth rate of the manufacturers faster than the industry average, the industry has further improved." Yu Bin said that in 2017 Lu Chang is still planning to continue expansion, domestic production, industrial concentration will continue to improve.