According to statistics, in 2016, the global LED component output value reached US$17 billion, a 2% decline from 2015. The mainland region has grown by 18% due to policy support and is expected to rise to the top of the world this year. According to the statistics of the Optoelectronics Association, in 2016, the output value of LED components in various regions of the world (including LED epitaxial wafers, die, package, module) totaled 17 billion US dollars, with an annual decline of 2%, including the policy support in the mainland, and the annual output value. Growing 18%, jumping to the top of the world. The European region grew by 7%, the United States and South Korea experienced the biggest recession, with an annual decline of 13%, and the Japanese region fell by 12%. The Taiwan region has adjusted the proportion of its niche products by adjusting the proportion of its production capacity and reducing the price of intense Blu-ray products. And the output value, so the output value is only reduced by 2% annually. The Optoelectronics Association said that in recent years, China's mainland policy has fostered the LED component industry, successfully pushing the company to the top ten in the world, and further enhancing technology and market share through active international mergers and acquisitions, plus lighting in mainland China. The terminal application industry such as applications and liquid crystal display panels has achieved global importance. For the LED industry, it has a greater additive effect, and it can maintain a unique market penetration in the situation of poor demand for LED applications. This year, the output value of the mainland region will surpass Taiwan and obtain the leading position of LED component regional output value. Component production is expected to jump to the top of the world in 2017.
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