LED Market Needs Innovation Breakthroughs

Data: 2014-01-02

In 2012, despite the European debt crisis and the slowdown in the domestic economy and other factors, China's LED display applications industry still maintained a growth in overall size, unlike in previous years, the industry growth rate of corporate profits generally do not keep pace with the scale of growth from one side of the market also reflects the industry more competitive. Year 2012, the whole industry has 43 LED display applications enterprise sales of more than billion, in 2011 an increase of 3 40. In 2012 annual sales of 43 billion dollars enterprises, there are 26 companies in sales over 200 million yuan, of which sales exceeded 500 million yuan or so enterprises 7. This shows that, LED display of the backbone enterprises of a dominant market position continues to improve. According to China Optics and Optoelectronics Manufactures Association statistics LED display Applications Branch, 2012 annual sales of 43 billion dollars in sales companies totaled 11 billion yuan, accounting associations statistics 150 companies total sales of 15.7 billion yuan of 70% , also accounted for a national 2012 LED market for 43.5% of total sales.Although the number of companies 500 million yuan level is increasing, but the status of the industry leading enterprises needs to be further improved. 2012 annual sales of more than 500 million yuan or about the enterprise, its total sales of 4 billion yuan, 4.3 billion yuan accounted for 36.4% of corporate sales, in the statistics of 150 enterprises accounted for 25.5 percent of sales, accounting for the country 16% of sales. In recent years, the development of China's LED display applications in the industry is an important characteristic scale enterprises increased significantly, a decrease in the number of medium-sized enterprises, the number of small-scale enterprises also increased. Industry in general from the past "olive" in the "dumbbell" change. Geographically, the East and South are still two major industry gathering area. Shenzhen is the LED display applications businesses are more concentrated areas, it is worth noting that in 2012 several key enterprises in South China regarded the construction of a new production base in Shenzhen, Huizhou and other areas outside. Located in eastern Fujian province, LED display applications enterprise development in recent years is also more noticeable, the overall rise rapidly.

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