LED price increase for lighting

The LED global supply chain database report shows that in the second quarter of 2021, the overall price of LED products for lighting will rise by 0.3~2.3%, mainly because the demand for LED lighting market has fully recovered since the first quarter and remained high-end in the second quarter. In addition, the structural shortage of upstream LED chips caused by the epidemic is still unresolved. In order to avoid falling into the shortage situation of last year, terminal lighting product manufacturers have increased their stocking efforts. US$6.709 billion, with an annual growth rate of 3.43%.

TrendForce further pointed out that benefiting from the rapid growth in demand for human-caused lighting, smart lighting, plant lighting and special lighting (such as nuclear power plant lighting, pharmaceuticals, metal processing industry lighting), major lighting-level LED packaging manufacturers include Samsung LED (Samsung LED). LED), ams Semiconductor and Osram (ams / OSRAM), CREE LED, Lumileds, Seoul Semiconductor (Seoul Semiconductor), MLS, Tiandian (Lightning), etc., have all grown significantly since the first quarter. The growth momentum is expected to continue into the second quarter.

This wave of LED packaging products has increased categories, including indoor medium and low-power lighting LED products (under 1 watt, excluding 1 watt) for home and commercial use, such as 2835 LED, 3030 LED and 5630 LED, with a quarterly increase of 0.3~ 2.3%, and outdoor high-power lighting LED products (above 1 watt) for outdoor and industrial use, such as ceramic substrate LEDs, 7070 LEDs, rose 1.3 to 1.8% quarterly.