According to the latest research report of LEDinside 「2019 Light LED and LED Lighting Market Outlook」, during 2018 to 2023, LED lighting market scale will gradually increase. LED lighting market scale will reach USD 56.6 billion in 2023. CAGR during 2018 to 2023 will be 9%.

The data from Semiconductor Lighting Industry Association of Guangdong Province shows that the Order Status of LED businesses has performed well since this year, it increased by 20% -30% over the same period of last year and slightly declined in profits but not obviously, which would be the clear signs of the recovery of LED industry. According to the report of the first quarter of this year, the total revenues of 25 key companies of LED industry was 9.888 billion Yuan, an increase of 12% over the same period of last year, the total net profit was 719 million Yuan, a ...