2018 Revenue Ranking of Global LED Package Manufacturers in Chinese Market

According to the latest report “2019 Chinese LED Chip and Package Industry Market Report” from LEDinside, a division of the market research firm TrendForce, in 2018, the scale of Chinese LED package market was USD 10.5 billion, enjoying an increase of 4.5% YoY. Looking into 2019, since LED lighting industry has entered the mature period, manufacturers are expecting a larger market demand for high-end lighting, like professional lighting and healthy lighting. In addition, UV-LED, automotive lighting and digital display (video wall) will be the major driving forces for LED industry development in the future.

In respect of the overall development of Chinese LED industry, benefiting from production capacity and OEM orders, LED makers from mainland China have all obtained rank improvement in 2018 and manufacturers like MLS, NationStar, Jufei and Hongli, kept achieving increased revenue. In terms of international firms, with its proprietary technologies in high-end applications like backlight, automotive lighting, Nichia Corporation has remained in the second place. OSRAM Opto Semiconductors was third relying on its advantages in markets like automotive lighting and landscape lighting. Besides, manufactures in Taiwan, mainland China and in other areas also showed strong competitiveness in the high-end field. In 2018, top 10 LED manufactures took up 47% of market share, slightly declining from last year. The major reason was that emerging makers managed to catch up with these top manufacturers. Emerging makers like Dongshan Precision (DSBJ) and Lightning Opto, which saw descent revenue growth in 2018, are expected to enter in the top 10 list within 2 years.

Specific Market in LED industry - Automotive Lighting, Display, Backlight and Lighting Markets

Automotive Lighting Market

As the popularization of new energy vehicle accelerated, the demand for automotive LED lighting has increased year by year. In addition, the penetration of LED lighting for traditional fuel vehicles also rose. The acceptance for automotive LED has improved significantly, especially in PM, which promoted the stable development of the automotive LED industry. Thus, there are more and more LED makers went into this field. Besides OSRAM Opto Semiconductors, some other international manufacturers, like Nichia, Lumileds and Seoul Semiconductors also strengthened their business operation in this market. Makers in mainland China and Taiwan, such as Hongli, NationStar, Lattice Power, and Everlight, are following closely. However, the automotive lighting industry is strict with products and the switching costs for suppliers is pretty high, so the original suppliers still have strong advantages and play dominant roles.

Digital Display (Video Wall) Market

Given the increased proportion of fine pitch display, the market demand for LED grew rapidly. Thus LED manufacturers, including mainland Chinese NationStar, Dongshan Precision (DSBJ), and Kinglight, expanded production capacity. At the beginning of 2019, LED manufacturers have gone on launching

General Lighting and Architectural Lighting market

As a production base of global LED lighting end products, international well-known companies, including Signify, OSRAM and IKEA, all look for OEM in China. Benefiting from the sound growth of retrofit lamps orders, like bulbs and tubes, lighting LED saw an obvious trend of standardization. Packaging factories like MLS, Hongli and Lightning Opto developed against trend. The advantage of production scale and competitiveness of cost continually strengthened. The second-tier companies have gradually withdrawn from lighting market, which accelerated the concentration of OEM orders in the leading makers. In addition, international high-power lighting orders and architectural lighting require high luminous efficacy, high power and high reliability for lighting LED products, CREE can still maintain sound growth in lighting LED market, ranking top 4....more

TV Backlight Steps into a “Warring Period” with a Highly Competitive Mini LED Market

Mini LED Technology is Likely to Reshape Backlight Market Landscape.

As the core of a whole Mini LED TV display solution, Mini LED backlight is still made by major medium- and large-sized backlight package manufacturers at present. Refond and NationStar respectively fabricated the key parts of the Mini LED TVs launched by Konka and CSOT mentioned above.

The landscape of traditional TV backlight package market is relatively stable. As the leading package manufacturers, Nichia and Jufei hold firmly the supply chain of overall market. According to LEDinside’s latest report - 2019 Chinese LED Chip and Package Industry Market Report, the top ten manufacturers in Chinese medium- and large-sized LED backlight market in 2018 occupied over 90% of the general market share. Top five are respectively Nichia, Jufei, Lextar, MTC and COREACH.

Mini LED Technology is Likely to Reshape Backlight Market Landscape.

Source: 2019 Chinese LED Chip and Package Industry Market Report by LEDinside

According to LEDinside, aforementioned LED makers will remain as the major R&D forces in the future Mini LED backlight package market. But some companies which have never engaged in this market before also make an inroad into Mini LED market. Hongli, for example, set up Guangzhou Hongli Display Electronics with a professional technical team in January 2019

Guangzhou Hongli specializes in Mini LED backlight and display business. And noticeably, by virtue of the advantages in self-owned product technology and enough capital expenditures, panel manufacturers, like BOE, have entered into Mini LED backlight and display fields. 2019 can be taken as “the year of Mini LED backlight” and the industry will pay more attention to its development in the near future....more

Form 1 The Ranking of LED Package Manufacturers in 2018 Chinese Medium- and Large-Sized Backlight Market

2019 Chinese LED Chip and Package Industry Market Report

Release: June 2019
Language: Traditional Chinese/English
Page: 200


Chapter I. Chinese LED Package Industry Trend

  • 2019-2023 Chinese LED Package Market Scale
  • 2019-2023 Chinese LED Package Market Scale- Market Segments
  • 2019-2023 Chinese LED Package Market Scale- Market Camps
  • 2019-2023 Chinese LED Package Market Scale- Product Power
  • 2017-2018 Global Top Ten LED Players in China
  • 2017-2018 Top Ten Chinese LED Players

Chapter II. Chinese LED Industry Market Segment Trend

Mobile Backlight and Flash LED Market

  • 2018-2023 Chinese Mobile Backlight and Flash Market Scale
  • 2019 Flash LED Supply Chain
  • 2018 Chinese Mobile Backlight and Flash LED Player Ranking

TV Backlight Market

  • 2018-2023 Chinese Large-sized Backlight LEDs Market Scale
  • 2019 TV Backlight LED Supply Chain Analysis
  • 2018 Chinese Large-sized Backlight LED Player Ranking

General Lighting and Architectural Lighting Market

  • 2018-2021 Chinese General Lighting LED Package Market Scale
  • 2018-2023 Chinese Architectural Lighting LED Market Scale
  • Chinese General Lighting LED Market Supply Chain Analysis
  • 2018 Chinese Lighting LED Player Ranking

Automotive Lighting Market

  • 2018-2023 Chinese Automotive LED Market Scale
  • 2019 Chinese Automotive LED Value Chain
  • 2018 Automotive LED Player Ranking

Digital Display Market

  • 2018-2023 Chinese Digital Display LED Market Scale
  • 2018 Display LED Supply Chain Analysis Application Market
  • 2018 Chinese Display LED Manufacturer Ranking

UV LED Market

  • 2018-2023 Chinese UV LED Market Scale

Mini/Micro LED Market

  • 2018-2023 Chinese Mini/Micro LED Market Scale
  • Mini/Micro LED Manufacturer Progress



Chapter III 2019 LED Industry Main Focus and Analysis

Topic One: The US-China trade frictions led to the downturn in market demand of Chinese LED industry.

  • The process that the US-China trade conflicts happened
  • Analysis on the influence of the US-China trade conflicts on LED industry

Topic Two: Opportunity for Chinese Lighting Market - Healthy Lighting and Architectural Landscape Lighting

  • Many Chinese manufacturers launched new products of healthy lighting after international enterprises.
  • As healthy lighting receives attention, the era of full-spectrum lighting is around the corner

Topic Three: New Display Captures Attention and Mini LED is Expected to Achieve Mass Production in 2019.

  • Analysis on key factor of Mini LED mass production
  • Analysis on the development situation of Mini LED manufacturers

Chapter IV. China Major LED Package Player Analysis

  • 17 Chinese LED Package Manufacturers Operation Performance, Capacity Plan and Business Strategy

Chapter V. International LED Manufacturer Business Strategy in China

  • 16 Oversea LED Package Manufacturers Operation Performance and Business Strategy

Chapter VI. Competitiveness of Chinese LED Package Industry  

  • Major LED Manufacturers Global Revenue
  • Major LED Manufacturers Revenue from China Market
  • Major Manufacturers Revenue from China
  • Concentration of Production Value
  • Key Drivers and Restraints in Chinese LED Package Industry
  • 2018 Chinese Package Maker R&D Expenditure Analysis

Chapter VII. Chinese LED Chip Market Analysis

  • 2011-2018 Government Subsidy for Chinese LED Chip Industry
  • 2016-2018 Chinese Chip Market Supply Change- By Camp
  • 2018-2023 Chinese Chip Market Scale
  • 2018 Chip Manufacturer Revenue Ranking in China
  • 11 Major LED Chip Manufacturers Operation Performance, Capacity Plan and Business Strategy

Customized Report / Consulting Service
For further information about the report, please contact:

Eric Chang  +886-2-89786488 ext. 822
Perry Wang  +86-755-82838931 ext.6800
Global Contact:
Grace Li  +886-2-89786488 ext. 916

LEDinside, another subsidiary of TrendForce, offers research information on LED (light-emitting diode). Moreover, LEDinside also covers the technology development, market trend, and financial information of the LED industry on a global and regional basis. For more about LEDinside, please visit www.ledinside.com

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