From the perspective of various application fields, the growth of the packaging market in the LED lighting industry is the main driving force; in the field of small-size backlights, although the market demand has increased with the increase in the penetration rate and size of smartphones, it is not enough to have a big impact on the entire packaging market.
Acquisitions and mergers in the LED lighting industry have become the norm.
Although the overall demand in the LED lighting industry is large, due to the low threshold and fierce competition, many companies in the industry have relatively weak profitability, and some are even on the verge of bankruptcy. In 2014, 76% of the 17 key LED listed companies were involved in mergers and acquisitions, and this trend of mergers and acquisitions will continue in 2015.
(3) LED smart lighting has moved from concept to industrialization.
At present, LED smart lighting has been used in production and life, such as dimming and color management, mobile phone, APP remote control, etc. At present, about 20% of designers use intelligent lighting products in their projects. In the future, intelligent lighting systems will become more popular and develop toward industrialization and intensification.
(4) More and more LED lighting manufacturers are beginning to enter the invisible light field.
Due to the fierce competition in LED prices, manufacturers are actively looking for new special applications that can increase profits; for example, the applications of invisible light LEDs (including UV or IRLED, etc.) are gradually attracting attention. Although the market size of invisible light LED is limited, its entry barrier is high and the product gross profit margin is significantly better than that of white light LED. It is expected that more and more LED manufacturers will begin to enter the field of invisible light LED lighting in the future.
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