Led industry foresight

LED industry report foresight: LED industry report is expected to continue bright, LED industry development will continue to slow cattle

(1) supply and demand of LED industry are flourishing, and in 2017, there are many reports and good news in advance.

Among the 45 LED enterprises, 36 issued performance forecast, and the number of medium report performance forecast increased to 28 year on year.

In the year - on - year growth of more than 50% in a total of 18, 1 turnaround.

LED enterprises have been widely anticipated, showing the flourishing phenomenon of upstream and downstream supply and demand of LED industry, and the performance will continue to grow.

(2) it is expected that in the second half of 2017, the LED industry will continue to meet the demand, and the development trend is undoubtedly good!

We continue to closely track the LED industry chain, through the LED packaging plant and downstream LED lighting export data verification, LED downstream demand continues to flourish.

Especially due to the low penetration rate of the overseas LED market represented by the United States and Europe, which only accounts for 20% at present. With the decrease of LED lighting product prices and the support of overseas policies, Chinese LED products are now rapidly entering the overseas market with a positive attitude.

In April, for example, China's LED lighting export volume increased to 45% year-on-year, reaching 1.8 billion us dollars in a single month, a new high in recent years.

Meanwhile, the application of LED smart lighting, LED filament lamp and other new products is also driving a new round of demand cycle.

It is estimated that the current domestic LED industry growth rate will exceed 20%.

(3) clearing of backward production capacity and thickening of industry barriers will become the main theme of LED slow bull in the next 2-3 years.

After in the first half of 2015 to 2016 in the industry reshuffle, based on 2010 to 2011 in MOCVD machine is being phased out, about one-third of total number of model number, quantity of each year in the next 2-3 years out of the total capacity of up to 5% ~ 10%, between about 5 million to 10 million, and the share will gradually be leading enterprises take it, and the regularity of LED industry.

And although have partial LED chip at present medium and small enterprises, announce to enlarge production high - key.

But if a sharp expansion is bound to consume enormous amounts of capital, while the government subsidy and market financing area tightening the ebb, the financing difficulties and rising rates, LED, small and medium enterprises had no chip pricing power, and gross margin and net interest rate is low, the big financing to expand production, set erodes cash flow and profit, cause large price exclude each other, there will be more dangerous, so small and medium-sized manufacturers expand production should be more careful to need to order production, LED industry will continue to maintain overall slow cattle.

(4) Chinese LED enterprises, which are leading in the world, will be given priority to benefit from the high boom of LED industry, which is rated as "overmatched".

In the LED industry continues to improve and concentration of the rising trend, leading will continue to benefit first.