In recent years, with the improvement of LED lighting efficiency, the gradual reduction of comprehensive cost, and the government's promotion of energy-saving policies, LED lighting ushered in a rapid development period, the market demand is particularly strong. According to OFweek industry research institute, China's LED general lighting market has been growing steadily in 2018, with a market size of 300 billion yuan and a growth rate of 16%.
With the continuous increase of LED lighting market penetration, the market competition is becoming increasingly fierce. LED lighting enterprises also adopt different strategies to accelerate the transformation and upgrading. One is to build a "big MAC" enterprise through integration and merger, with scale effect and integration ability to win; The other is to adopt the strategy of "small but beautiful", focusing on market segments, and pursuing differentiated development.
In 2018, the external economic environment was complex, and various factors had a profound impact on the development speed and competition pattern of LED industry. However, with the reduction of the cost of LED lamp beads, more application scenarios are gradually being developed, and new applications such as MiniLED, plant lighting, intelligent lighting and automotive lighting lead to the next stage of LED demand. China's LED packaging market will reach 100 billion yuan in 2018, with a growth rate of 14.3 percent, according to OFweek industry research institute.
3.The LED chip
China's LED chip market grew 4.5 percent to 200.3 billion yuan in 2018, according to OFweek industry research institute. With the continuous expansion of domestic chip manufacturers, overseas enterprises and domestic second - and third-tier chip factories gradually shrink their capacity, a new pattern of LED chip industry is gradually formed: the industry is concentrated in the mainland, and the capacity is concentrated in the leading group.
As LED epitaxial wafer and chip manufacturers in mainland China continue to invest more production capacity, LED chip market is oversupplied and LED chip manufacturers in Taiwan and China are facing excessive inventory level pressure.
4.LED car lighting
As an emerging technology of automobile lighting, LED has attracted great attention from many enterprises. Compared with xenon and HID lights, LED can better reflect road signs. In vehicles, leds can be used for lighting, security, amenities and climate applications. In addition, LED products have prominent advantages in volume, light source efficiency, price cost, stable performance, energy saving and other aspects, which makes its automotive application field gradually expanded, has been widely used in automobile headlights, car taillights, window lighting, functional lighting, advanced lighting and so on.
From this point of view, in terms of automotive lighting, LED lights are undoubtedly the latest trend of the industry, and will be an important development direction of automotive lighting in the future. On chips and other car accessories, industry giants act as collars.
With the advancement of intelligent hardware, Internet of things, artificial intelligence and other technologies, as well as the industrial upgrading of LED lighting industry, the intelligent lighting industry has officially entered the high-speed development track. With the increase of LED application scenarios and the development of Internet + and intelligent technology, the intelligent lighting industry is embracing new development opportunities and the market scale will continue to expand. China's smart lighting market grew 23 percent to 32 billion yuan in 2018, according to OFweek industry research institute.
Because smart lighting provides many key advantages to residential, industrial, commercial, and government sectors, these include energy efficiency, reduced maintenance costs, enhanced asset security, and ease of use. Through them, users can access the lighting system remotely from anywhere at any time through smartphone applications. In smart city infrastructure, operators can proactively predict the demand for street lamp replacement and power failure, and improve site efficiency. By leveraging LED lighting, connectivity, sensors and controls, as well as analytics and intelligence, companies can successfully achieve the lowest power costs.
The main focus of each enterprise in the intelligent lighting market is product innovation and new product development strategy. Companies are investing heavily in research and development of smart lighting technologies to deliver networked lighting solutions for home and building automation, smart cities and smart street lamps. In addition, strategic cooperation to strengthen product development capacity and expand regional market share also contributes to the rapid innovation of intelligent lighting industry.
With the increasing demand of LED display in rental market, HDR market application, retail department store and conference room market, its market scale is growing continuously. China's LED display market is expected to grow 15 percent to 52 billion yuan in 2018, according to OFweek industry research institute.
From the perspective of industrial pattern, LED display screen is also changing gradually. Various specialized enterprises, such as manufacturers focusing on display screen production, sellers of market channels, and operators of project installation and after-sales service, are emerging. Professional division of labor is taking shape in the industry, and a clear division of labor, close cooperation and win-win development will emerge.
Under the situation of continuous technological innovation, falling price and huge potential market, LED display will be widely used, not only in public life and commercial activities, but also in every aspect of people's life with the development of intelligent home and intelligent display. Driven by this, LED display industry will get more opportunities to maintain a positive momentum of vigorous development.
However, when the industry surface is thriving, many enterprises also feel a hidden "cold current" is surging under. As we all know, the LED display industry from the lowly, is relatively "barbaric" growth way, the LED display industry develop very fast, but in the industrial market scale growth at the same time, low brand share, structural overcapacity, industry products, such as after-sales difficult also became the outstanding problem of restricting its development, at the same time, "heavy light products, service" of the traditional thought is deeply rooted. However, how can LED display companies solve these problems and achieve further development? We'll see.
7.LED landscape lighting
With the rapid development of urban economy and the improvement of people's aesthetic consciousness, urban landscape lighting has become an indispensable part of urban planning. To some extent, city night lighting has become a window to show the image of the city and one of the signs to measure the overall development level of the city. As an important content of urban planning and construction, it not only reflects the degree of economic prosperity of a city, but also reflects the cultural temperament and civilization of a city, which has been paid more and more attention by government departments and all sectors of society.
With the value of China's urban landscape lighting constantly being mined, the scale of landscape lighting projects gradually expanded, the industry ushered in a rare opportunity for development. China's LED landscape lighting market grew 20.7 percent to 75 billion yuan in 2018, according to OFweek industry research institute.
In recent years, high gross profit market segments are favored, one of which is landscape lighting, due to its huge development potential, many enterprises in the industry have rushed to attack. Dou linping, secretary-general of the China illuminating society, said that the demand for lighting design in urban construction in key cities across the country has entered the fast lane.
With the construction of "smart city" and "beautiful China" continuing in-depth integration and common development, the implementation of a series of national policies on energy conservation and ecological protection, the demand for landscape lighting continues to increase, and the lighting market is more segmented. A large number of large-scale urban landscape lighting demonstration projects have emerged nationwide, and local governments have increased their investment in landscape lighting, which will usher in new opportunities for urban landscape lighting.
Due to the limitations of landscape lighting industry in terms of talents, capital and technology, lighting enterprises need to provide customers with services of the complete landscape lighting industry chain, and at the same time actively promote the technological innovation of the industry chain, promote the mutual integration and development of various links, so that enterprises can win the first opportunity in the landscape lighting market.
According to OFweek, the global UV LED market is expected to grow 30.4% to $300 million in 2018. Between 2008 and 2018, the number of UV LED companies grew from 10 to 65. Since 2010, several visible LED companies have turned to uv leds, seeking new growth drivers and higher profits.
The UVA segment of the UV spectrum is the first market area to drop significantly due to the expansion of production and the entry of more enterprises. The sharp fall in the price of UVA leds has further accelerated the adoption of the technology. LG Innotek's price cuts were followed by similar moves by LED epitaxial and Epileds Technologies, a Taiwanese chipmaker. As a result, the price of the UV-ALED chip decreased by 15-20% in the first half of 2018.
The UVB and UVC parts of the UV spectrum are more difficult to develop in terms of performance. Compared with visible LED, UV LED has three major problems, namely epitaxial growth equipment, chip material and LED packaging. UV LED has higher requirements on the uniformity of MOCVD and temperature endurance, while the epitaxial growth condition of visible LED is not applicable. In the past, the blue light LED USES gallium nitride or indium gallium nitrogen as the substrate, while UV LED needs to use aluminum gallium nitrogen as the substrate, the lattice defect and adaptation of the two are not the same, need to be restudied. And packaging system is very different from the traditional packaging, also need to be re-developed.
As a result, UVB and UVC leds require more expensive and time-consuming development, leading to much higher barriers for new UVB and UVC LED manufacturers. For this reason, the UVB/UVC market is growing much more slowly. UV LED manufacturers have different strategies, depending on the wavelength of their target products
9.The IR leds
IRLED (infrared LED) is a near-infrared light-emitting device that converts electrical energy into light energy. It has a series of advantages such as small size, low power consumption and good directivity. According to the characteristics of IRLED chip, infrared LED products of different wavelengths can be applied to different fields, such as remote control, medical appliances, space optical communication, infrared lighting, pump source of solid laser, automatic card swiping system of expressway, camera, monitoring, building interphone, burglar alarm, etc.
With the rise of modern Internet of things, biometrics and wearable devices, various sensor and image identification technologies become more and more important. IRLED application characteristics, become an important auxiliary light source. And through the combination of sensing devices and identification technology, it can be used in iris recognition, face recognition and other special applications. Or biosensors applied in wearable devices can quantify the physiological state of the human body and become a new tool for health management. Given the surge in the penetration of infrared leds in smartphones, cars, monitoring systems and other applications, the asia-pacific region will become the largest infrared LED segment in the world.
10.LED plant lighting
With the continuous development of modern agriculture, the demand and energy consumption of plant lighting are constantly expanding, which poses new challenges to the traditional plant lighting technology. As a new generation of light source, LED in addition to energy-saving and environmental protection features, compared with traditional agriculture commonly used fluorescent lamp or high-pressure sodium lamp light source, has the advantages of spectrum can be freely combined, high color purity, color rich and other advantages.
Compared with traditional plant lighting technology, LED technology has lower power consumption and can save a lot of energy costs. Led-based plant lighting solutions help growers achieve both yield requirements and sustainability goals by increasing yields by 25% and reducing energy costs by 50%. Special lighting configuration can not only optimize yield and growth time, but also improve the nutrition content and taste and flavor of crops.
It can be seen that LED plant lighting can be designed into various types of light sources according to different plant species, purposes and requirements, and can precisely control the required spectrum. It is suitable for plant factories with various irradiation modes and types, which cannot be achieved by traditional light sources.
With the continuous improvement of LED plant lighting technology, its application fields will be more and more extensive, including the top floor of skyscrapers, vertical farms, greenhouses, homes, shopping malls, and even abandoned containers, etc., all of which can be used for the development of plant lighting. According to OFweek, the global LED plant lighting market was $190 million in 2018, up 26.7 percent.
According to the current agricultural industry scale estimation in China, in the next five years, the demand of agricultural LED lighting and control equipment will reach billions of yuan, plant factory and greenhouse supplement light will be the fastest developing LED lighting field, high technical content, intelligent and systematic equipment, is the key to the development of agricultural semiconductor lighting industry. It can be seen that with the global LED application of agricultural lighting penetration rate increase, the future market prospects are broad.