Chinese manufacturers continue to rise
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.
LEDinside data show that China's LED packaging market in 2016, domestic rate has risen to 67%. However, Nissan, led by the international manufacturers are still the main supplier of China's packaging market, the top ten manufacturers, the international manufacturers occupy five seats, Nichia Chemical topped the list but the rise of Chinese manufacturers significantly on behalf of the rapid development of manufacturers Wood Linsen, 2016 beyond the Lumileds ranked second, the National Star photoelectric, Hongli Zhihui ranking further.