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2018 China LED packaging industry status and development trend analysis

At the beginning of the development of China's packaging industry, most of the main packaging production equipment for SMD LED lamp beads relied on foreign imports. Nowadays, the domestic LED production equipment manufacturing industry has made great progress, like automatic wire bonding machine, fully automatic solid crystal machine, all Automatic sealing machine, automatic spectrophotometric separation machine, automatic dispensing machine, etc. are all supplied by domestic manufacturers, and have a good cost performance.
Domestic LED packaging capacity is leading the world
It is understood that as early as 2015, China's packaging output value has reached 21%, ranking first in the world. Followed by Japan's 20%, Europe's 18%, Taiwan's 15% market share ranked fourth. By 2016, China's packaging companies have provided 70% of the global packaging output.
At present, the scale of China's packaging industry is still expanding. According to the latest research data, the size of China's LED packaging market in 2016 increased from 64.4 billion yuan in 2015 to 73.7 billion yuan, a year-on-year increase of 14%. In 2017, driven by the LED application market, especially the LED lighting market, and the strong demand in the small-pitch market, China's LED packaging market is expected to reach 87 billion yuan in 2017, up 16% year-on-year.
In the next few years, the output value of China's LED packaging industry will maintain a growth rate of 13%-15%. It is expected that the scale of China's LED packaging will further increase to RMB 128.8 billion in 2020.
2014-2020 China LED packaging market output value and forecast (unit: 100 million yuan,%)

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