LED lighting market to promote the growth of alternative products for the mainstream <br> <br> reservoir in Chao said that the Asian market is quite fierce price competition, to maintain a rapid growth rate very high degree of difficulty, a conservative estimate of 2014 global LED packaging market size of approximately 146 The annual compound growth rate of 100 million US dollars to 2018 is only about 3.2. Among them, the LED lighting application is the largest. In 2014, the revenue was about 4.8 billion US dollars, and the compound annual growth rate was 12, which became the key growth momentum of the LED market.
At present, LED lighting applications account for the highest proportion of alternative light source products such as bulbs and lamps. LED packaging types are in response to demand and medium power is also the mainstream application. In view of the trend of high-power European and American manufacturers, we are actively seeking the trend of Asian manufacturers ODM or OEM. Chu Yuchao believes that the overall situation of the lighting market has been fixed, manufacturers are moving towards low-cost solutions, developing LED specifications, standardizing scale, producing low-cost and low-level attack. with the low-cost market order <br> <br> lighting era, manufacturers continue to introduce a cheaper solution. The reasons why the ultra-analytical vendors can adopt low prices, including economies of scale production, fully automated production, and the emergence of new operating models, have led to continued declines in LED lighting prices.
From the perspective of LED package components market, high-end lighting applications are designed for different product types to achieve optimal effects; low-end applications are standardized towards LED specifications, attracting manufacturers in mainland China, Taiwan and Japan and South Korea. Follow-up, have rushed to attack the low-end market, which is most favored by manufacturers with 2835 and 3030 specifications.
Taiwan, Japan and South Korea LED factory focus on 3030, with EMC bracket as the main application; 2835 is the main specification of LED manufacturers in mainland China, with LED components standardization and scale production pressure low cost, the price is quite high. In order to compete with China's 2835, the Taiwanese factory will open 3030 from the original 1W specification to increase the number of 3030 market.
Automated production to reduce assembly costs into five new business model to hit the market <br> <br> another market trends into fully automated production line. Since the second half of 2013, some assembly plants in mainland China have begun to introduce automated production lines, which can reduce assembly costs by 50%. However, each LED bulb or lamp has different specifications and solutions, and cannot be standardized. In addition, the introduction of an automated production line requires huge funds, so that automation is difficult to implement quickly. Evergrande, the largest lighting industry, is getting bigger and bigger, and the cost is getting lower.
In response to the era of low-cost, mainland Chinese manufacturers are actively pursuing many new business models, such as the e-commerce channel, which can solve the problem of excessive price of LED lighting products. In addition, it is like the operation mode of the LED lighting alliance in China through the series of suppliers of components in China, and the price will be in accordance with the specifications, which will also cause certain damage to the market.
The pressure brought by the rise of Chinese mainland manufacturers has brought the LED industry to a severe test. The next step is to gain an advantage in the red sea of ​​price-cutting competition, or to find blue oceans to invest in niche or emerging markets, all of which must be carefully considered and laid out.
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