Among them, LED upstream chip industry output value of 2.40 billion yuan, LED midstream packaging industry output value reached 13.72 billion yuan, LED downstream application industry output value of 58.56 billion yuan.
Benefiting from the growth of downstream demand, especially the rapid growth of lighting demand, the output value of China's LED packaging industry reached 13.72 billion yuan in the first quarter of this year, an increase of 23.2%.
In the first quarter of this year, the volume increase and price drop is still one of the main styles of China's LED packaging industry. Research by the High-tech LED Industry Research Institute (GLII) showed that package shipments grew rapidly in the first quarter, and many packaging manufacturers' orders have been scheduled for 2-3 months. However, the price of packaging still dropped sharply, and some products fell more than 30% or even higher year-on-year.
At present, 2835 and other medium-power products are still the most mainstream models on the market. The shipments of 4014, 3030 and other products have increased, and the shipments of 3014 have become less and less. In addition, COB packaging requirements have been further enhanced by the benefit of price reductions and performance improvements. GLII expects that the COB packaging market this year will be expected to reach 15%-20%.
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