The latest report for Chinese LED chip and Encapsulation in 2019
CHINESE LED FOCUS FORUM held on 22nd, Nov, 2019 in SHENZHEN, attended by over 1,000 people from Chinese LED industry,
revealed an array of numbers showing the revenue status for Chinese LED chips and Encapsulation factories.
1.1 LED industry chain-revenue & net profit for RGB LED chip from 2013 to 2019
The statistics collected shows the revenue for Chinese RGB LED chips dropped down 19% in the first half of 2019 compare to the same period, and the net profit decreased 85% compare to the same period.
1.2. LED industry chain-revenue & growth rate for Chinese encapsulated LEDs from 2016 to 2019
The stastics above shows an awkward siituation for Chinese LED encapuslated companies like Nationstar, Kinglight, the sales amount of LEDs is increasing though, their sales revenue remains almost the same. Meanwhile, the net profit stays the same level becasue of price going down rapidly.
1.3 Indoor LEDs sales proportion comparison between 2018 and 2019
As the statistics shown in the above pie chart, the biggest part is SMD 2121 for indoor LED market, which is reducing from 72.07% in 2018 to 56.10% in 2019, while SMD 1010 and SMD 1515 is going up from 11.30% in 2018 to 16.10%, 16.55% in 2018 to 26.23% in 2019.
( Data resource: Chinese LED Focus Forum released in Nov, 2019)