The latest "2017 China LED chip and packaging industry market report" shows that in 2016 China LED packaging market size of 58.9 billion yuan, up 6% year on year, slightly higher than expected. 2016 LED prices remain stable, and some product prices have even increased, in the small pitch, automotive and lighting market, driven by the industry is still maintained growth. Outlook 2020, China LED packaging market size of 73 billion yuan.
There are 6 tendencies：
Trend 1: Chinese manufacturers continue to rise, domestic rate continued to improve.
Trend 2: China LED lighting market stability and development.
Trend 3: International manufacturers release lighting OEM orders.
Trend 4: small spacing display drive capacity expansion of the plant demand.
Trend 5: China's domestic MOCVD gradually rise, will drive the Chinese manufacturers to further reduce the cost.