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IHS 's report is expected in 2014 is optimistic about China's LED market , LED grain revenue will grow 36.6% to reach 1.475 billion yuan , packaged LED revenue will grow by 14.8% to reach $ 4.812 billion . IHS also expects in the near future, Chinese suppliers in the international market will increase.
IHS said that currently China's largest LED company Sanan Optoelectronics , with the country more than 30% share of production is currently still expanding production capacity. As new capacity expansion program , which in Wuhu project is now entered into the second stage.
Its biggest competitor Epistar will compete this year, the leading direct -wafer production capacity .
Meanwhile, Sen was assessed as 2013 , China's largest LED packaging companies , in thousands of other Chinese competitors , Linsen occupy more than 9 % of the market share.
Lighting since 2013 has been the main driving force of China 's LED market growth expected this year, all applications will be LED lighting LED occupy more than 50 % market share. Because LED lights instead of brass gradually accepted , LED general lighting costs down , sustained economic growth and the phasing out of incandescent lamps , LED lamps led to improved penetration in China .
LED backlighting grain market in 2013 grew 74% over 2012 . As technology advances are expected , Chinese companies will continue to grow market share , by replacing imported products from Taiwan and Korea .
IHS pointed out that although China is a huge market size , but most of the international sales of LED enterprises in China is still low , they are quickly catching up . Larger companies are developing their own brands , IHS expects in the near future, Chinese suppliers in the international market will increase.
