Shenzhen Sunhope Photoelectricity Co.,Ltd.

China's LED industry has developed more than 30 years, it has become a sunrise industry which has complete products, innovation ability increases ceaselessly and the market demand is very strong. In recent years, the pace of LED industry development further accelerate, not only promoting LED manufacturers increased production, but also improving product technology content. LED packaging and application industry achieve rapid growth, while achieving the LED epitaxial wafers and chips independent production, the domestic rate increased every year.
According to statistics, the output value of LED chips in 2010 about 5 billion yuan, LED packaging industry output about 25 billion yuan, LED application industry output value about 90 billion yuan. China also strongly supported the development of LED industry. The LED industry output in 2015 will reach 500 billion yuan, the growth rate of annual compound is about 42%.
However, China's LED industry still have some problems, the phenomenon which the development foundation is weak, supervision start late, low value-added products have not been a fundamental change. Accelerate the advancement of our LED products technological innovation, enhance industry development have become urgent.
At present, China's LED application industry market concentration is low, there are more than 3,000 large and small companies, but the manufacturers annual output value more than 100 million only about 100. LED display industry has high region concentration, mainly in eastern and southern China. Shenzhen is one of China's main LED display industry production base and accounting for 41% of the country's market share. Meanwhile, China is the world's LED display manufacturing base. China's LED display production scale is accounted for 70% of the world in 2008 growth to 83% in 2010. China's LED display production companies are rapidly expanding their size, at the end of 2010, there are more than 40 LED display manufacturer annual output value more than 100 million.
According to the "2010-2013 China led product market analysis and investment profitability analysis report" show that the domestic LED market reached 23.1 billion yuan in 2009, 30 billion yuan in 2010, increase by 30%.
From the growth trend, the domestic LED display market has transition from start-up phase to rapid development phase. Since 2012 the LED display market compound annual growth rate is expected to reach 60%.