Rates continue to improve, small spacing demand: according to the measured LEDindside, 2015 global LED lighting penetration reached 30%, and maintain the upward trend, permeability is expected to reach 40% by 2017. From the point of the size of the market, in 2015 the global LED lighting market is worth $24.3 billion, up 17.53% from a year earlier. , by 2017 the global LED lighting market scale will reach $30.3 billion, 16 and 17 compound annual growth rate of about 11.61%. LED small spacing of market demand, has LED to some extent of supply and demand, the general point spacing is smaller, the number of lights used within a square unit, so the LED small spacing market development has increased the demand of the LED lamp bead.

International companies declined, the rise of mainland companies: from the perspective of the distribution of LED industry in the world, as DiJiaHua lighting coming trend in recent years, China LED manufacturers gradually rise, the market share from 5% in 2009 to 25% in 2015, is growing very quickly. Japan and South Korea manufacturer's market share is falling, the Japanese manufacturers of city share, down from 33% in 2009 to 24% in 2015, Korea is the manufacturer's city share from 19% in 2009 to 15% in 2015. Philips and osram are gradually LED lighting business to sell or divest, samsung LED sector will also be downgraded to a working group, LG also adjusted the LED business, rijin liquidating its LED chip and packaging business. From LED lighting city share, China LED manufacturers, share rising gradually, wood Tomlinson, share from 3.6% to 3.6% in 14 to 15 years, hong optoelec is to finish in the top 10, 15 years market share reached 2.95%.

Investment strategy: from the supply side, international companies gradually decline, the influence of the mainland manufacturers are gradually increasing, international companies exit or compression of surviving competitors provide better competitive environment. Permeability from the demand side, LED lighting is still rising stage, while the rapid growth of the small spacing market pull LED needs. Outlook from 2016 to 2020, the overall LED market demand continues to grow, "the head Evergrande" industrial logic will benefit related businesses.