In the past few years, the global LED market is in a period of rapid growth. By the end of 2009, the total size of global LED field sales exceeded 10 billion US dollars, an increase of 13% over 2008. Despite the financial crisis, the global LED market growth rate in 2008 and 2009 decreased compared with that of 2007, but it still maintains more than double digits compared with the single digits and even negative growth in other electronic devices and integrated circuit products. Rapid growth.
As the world's largest electronics production base, China's LED market ranks first in the world, with a market share of 27.7% in 2008. China is a major LED packaging and application country. It is estimated that 80% of LED device packaging and applications in the world are concentrated in China, and are distributed in various US-funded, Taiwan-funded, Hong Kong-funded and domestic-funded packaging enterprises. In the past five years, foreign LED packaging and application companies have continued to move to the mainland, domestic packaging and application companies continue to grow and develop, and technology continues to mature and innovate. In the field of low-end LED device packaging, China's LED packaging companies have a high overall market share. In the field of high-end LED device packaging, Chinese companies still need a big breakthrough.
As a new product, a new lighting method and an emerging industry, LED has broad development prospects and huge business opportunities. The LED industry has the characteristics of rapid technological advancement, rapid development of the industry, extremely important research and development, and obvious scale utility. The mass production and innovation-oriented enterprises have the potential and hope for development in this industry.
However, there are currently lack of industry patents and core technologies in China's packaging and application fields; the overall level of the industry is low, the scale of enterprises is small, the concentration is low, the products are not fixed, which is not conducive to the formation of competitive advantages and well-known brands; the low level of blind investment is serious, etc. . The industry has low barriers to entry, small scale and large number of enterprises, and increasingly fierce market competition. Orders are crucial to the survival and development of enterprises. Most manufacturers adopt low-price competition strategies and lack basic guarantees for product quality.
China's LED packaging and application industry is similar to other high-tech industries. It is difficult to achieve efficiency and achieve mass production and innovation in enterprises by its own accumulation and strength, thus driving the development of the entire industry and industry. With the GEM, which has just started in China's capital market, through the issuance and listing of GEM, raising funds, expanding production scale, reducing product costs, and strengthening R&D investment, these problems can be solved efficiently and quickly.
Therefore, it is recommended that LED industry entrepreneurs, technical experts, relevant government departments, and capital market professionals can actively cooperate, close contact and communicate, and let some companies with outstanding industry status realize GEM listing, expand scale, strengthen R&D and enhance brand. To improve the concentration of the industry, thereby promoting and driving the development of the entire LED industry chain and energy-saving industries, and supporting the realization of China's innovative national strategic goals.
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