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China LED output will reach 214.84 billion yuan in 2022

Release time: 06 Jan,2023


In 2021, the Chinese LED industry in the new crown pneumonia outbreak alternative transfer effect under the influence of growth rebounded, LED products exports hit a record high. Equipment and materials from the point of industrial links, LED a larger revenue growth, but the LED chip substrate, encapsulation, application, profits thinning, still face greater competitive pressure. Looking ahead to 2022, China's LED industry still is expected in the alternative transfer effect under the influence of maintain two digit growth, hot applications will gradually turn to wisdom, lighting, display, small spacing deep uv disinfection and other emerging applications.