Analysis of the market competition pattern of China's LED industry in 2021
2021-09-28
The core data of this article: the competition pattern of China's LED chip industry, the comparison of major companies in China's LED packaging industry, the level of competition in China's LED general lighting industry, the market concentration of China's LED industry, and the distribution of China's LED industry production companies
Market competition pattern: Pyramid distribution
——The upstream chip market is more concentrated
The LED upstream chip market is occupied by leading companies with core technologies, more independent intellectual property rights, well-known brands, strong competitiveness, and reasonable industrial layout, and the market concentration is relatively high. According to CSA data, in China's LED chip competition pattern in 2020, Sanan Optoelectronics accounted for 28.29%, ranking first; followed by HC Semitek, accounting for 19.74%. The total proportion of TOP3 exceeds 60% of the overall scale; the total proportion of TOP6 exceeds 80%.
——The pattern of the midstream LED packaging market is preliminarily determined
At present, the pattern of my country's LED packaging industry is preliminarily determined. In recent years, the LED packaging industry has experienced price wars due to capacity expansion, and some small and medium-sized manufacturers have been eliminated, the industry concentration has gradually increased, and the industry integration tends to be completed. At present, the main domestic LED packaging industry manufacturers include Jufei Optoelectronics, Xinruida, Mulinsen, National Star Optoelectronics, Ruifeng Optoelectronics, Wanrun Technology, Suijing Optoelectronics and so on.
——The downstream application market is fragmented
LED downstream applications cover general lighting, landscape lighting, display, backlighting, automobiles, signals and other fields. The industry has low barriers to entry, fierce market competition, and low market concentration. Among them, general lighting is the most widely used field of LED. From the perspective of the competition pattern of the LED general lighting market, the current LED general lighting field is mainly divided into three main factions: overseas lighting brands, domestic first-tier brands, and other domestic brands. Among them, the main advantage of overseas established lighting brands lies in the research and development capabilities of high-end products and years of brand influence; the advantage of domestic first-line brands lies in the extensive domestic sales network and brand influence; and the advantage of other domestic brands lies in manufacturing capacity.
