Info
Info
News Article

IHS: China LED Production To Achieve Double Digit Growth

In 2014, China’s LED die production revenues are anticipated to grow 36.6 percent and packaged LEDs will grow 14.8 percent
Following the boom in expansion of the Chinese LED market in 2011, many industry insiders and analysts speculated on whether the Chinese would be able to sustain the growth, or if many companies simply ordered an excessive amount of MOCVD reactors just to benefit from government subsidies.


The failure of many of the companies was widely predicted. So, what’s happening in the China LED industry after three years?


According to a new IHS report on the Chinese LED market, China’s LED die production revenues will grow 36.6 percent to reach $1,475 million and packaged LEDs will grow 14.8 percent to reach $4,812 million in 2014.





Sanan, the largest Chinese LED company with a more than 30 percent share of die production in China, is actually expanding capacity. Its second phase project in Wuhu is still going ahead this year, leading to the addition of new tools.


Epistar, its largest rival will be directly competing this year to see who will be the world leader for total wafer capacity. MLS was estimated to be the largest Chinese packaged LED company in 2013 with slightly more than 9  percent market share among thousands of other Chinese competitors.


Lighting is the major driving force for the China LED market growth from 2013 to 2014 and is forecast to exceed 50 percent share of all applications in 2014. The acceptance of LED replacement T-lamps, the falling cost of LED lamps generally, the continued economic growth, and the phasing out of incandescent A-lamps are all factors that are increasing the penetration rate of LED lamps in China.





The backlight market also grew significantly from 2012 to 2013 - by 74 percent in LED die. High growth is expected to continue in 2014 due to Chinese companies’ technology improvements to replace imported products from Taiwan and Korea.


Although the Chinese domestic market is huge, international sales of most Chinese LED companies remain fairly low. However, they are catching up quickly. Larger companies are developing their own brands and IHS expects these suppliers to increase their presence in international markets in the near future.


 




AngelTech Live III: Join us on 12 April 2021!

AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.

2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.

We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.

We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.

Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.

Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.

REGISTER FOR FREE

VIEW SESSIONS

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}
Live Event