With the increasingly serious problem of global energy shortage, people are paying more and more attention to the development prospects of LED in the lighting market. The main material of LED chip is monocrystalline silicon, which is a kind of solid-state semiconductor device, as the core component of LED light, its main function is to convert electric energy into light energy. From the perspective of the whole LED industry, the LED industry has a long industrial chain, and the overall LED chip industry chain is relatively complex, including 5 main links: LED substrate production, LED epitaxial growth, LED chip manufacturing, LED packaging and LED application.
LED chip market size in China
With the continuous progress of technology and the increase of application demand, the technical environment related to LED chips is also improving and upgrading. The total output value scale of China’s LED chip market in 2020 is about 3.07 billion dollars, an increase of 10% compared with that of 2019. The market of China’s overall lighting industry rebounded in 2021, and the total output value scale of the LED chip market amounted to 4.24 billion dollars, an increase of 38% year-on-year. It is expected to China’s LED chip market gross output value scale will reach USD 5.03 billion in 2023.
Future outlook of LED chip industry
With more and more enterprises joining the Micro-LED R&D camp, Micro-LED technology has gained significant breakthroughs in Mass transfer and Massive bonding. However, at this stage, the technology route of Mass transfer has not yet been determined, the portability of Mass transfer technology is very strong, no technology route can occupy the mainstream position, and there are all kinds of possibilities in the competitive pattern of LED chip manufacturing and packaging industry.
Future outlook of LED chip industry
With more and more enterprises joining the Micro-LED R&D camp, Micro-LED technology has gained significant breakthroughs in Mass transfer and Massive bonding. However, at this stage, the technology route of Mass transfer has not yet been determined, the portability of Mass transfer technology is very strong, no technology route can occupy the mainstream position, and there are all kinds of possibilities in the competitive pattern of LED chip manufacturing and packaging industry.
Post time: Oct-31-2023