Since the beginning of 2016, the LED industry boom picked up, and the industry chain began to rise. After a few years of the rapid decline in the LED chip supply side, production capacity has been basically clear; plus foreign manufacturers each year the number of the new purchase of MOCVD equipment slowed down, and LED chip supply has significantly improved.

From the current situation, the LED general lighting market expands the scale of the promotion and small spacing display, automotive LED, and another new market under the stimulation, after the reshuffle of the LED industry, the short supply situation is expected to continue. With the 2017 second half of the newly ordered equipment production capacity gradually released, LED industry capacity and production scale effect are further enhanced, and the future will continue to maintain the "stronger strong" situation.

LED chip main foundry-producing countries for China and Taiwan, after the fourth quarter of 2016, crystal production cut by 25%. Crystal MOCVD machine down to 375 units. In 2017, due to the continued expansion of the production capacity of Chinese manufacturers, so the global chip market output will increase production due to the Chinese manufacturers, and another wave of growth. While the proportion of China in the world will also increase to 50%. LED Underwater Fishing Lights https://www.eneltec-led.com/led-marine-lights/led-underwater-fishing-lights.html

According to the Industrial Research Institute released the "LED lighting industry market investment analysis report" data shows that the 2016 LED lighting market size reached 29.6 billion US dollars. The 2017 LED lighting market size will reach 33.1 billion US dollars, LED lighting penetration rate of 52%. Benefiting from the development of the regional lighting market, in 2016 European LED lighting accounted for 23%, followed by North America and China. In the future, the Asia-Pacific lighting market will be the fastest-growing branch.