Sanan, the largest Chinese LED company with a more than 30% share of die production in China, is actually expanding capacity. The company’s 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% 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% 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 from 2012 to 2013 – by 74% in LED die and high growth is expected to continue in 2014 due to Chinese companies’ technology improvements to replace imported products from Taiwan and Korea.
IHS points out that although the Chinese domestic market is huge, international sales of most Chinese LED companies remain low. However, they are catching up quickly. Larger companies are developing their own brands and IHS expects the suppliers to increase their presence in international markets in the near future.
Related articles and links:
News articles:
China’s San’an looks to take lead in GaN LED wafer capacity by end of 2014
Osram expands capacity with new LED assembly plant in China
Chinese LED lighting market to more than double to $7.4 billion in 2017, forecasts Lux Research
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
eeNews on Google News
