According to TrendForce's LED global supply chain database report, in the second quarter of 2021, the price of LED products for overall lighting will rise by 0.3~2.3%, mainly because the LED lighting market demand has fully recovered from the first quarter to the second quarter. The high-end season is still maintained. In addition, the structural shortage of upstream LED chips caused by the epidemic is still unresolved. Terminal lighting product manufacturers have increased their stocking efforts to avoid falling into last year’s shortage situation. It is estimated that the rising trend of the supply chain will drive the whole year The output value of LEDs for lighting reached US$6.709 billion, with an annual growth rate of 3.43%.
TrendForce further pointed out that benefiting from the rapid growth in demand for human-caused lighting, smart lighting, plant lighting and special lighting (such as nuclear power plant lighting, pharmaceuticals, metal processing industry lighting), major lighting-level LED packaging manufacturers include Samsung LED (Samsung LED). LED), ams Semiconductor and Osram (ams / OSRAM), CREE LED, Lumileds, Seoul Semiconductor (Seoul Semiconductor), MLS, Tiandian (Lightning), etc., have all grown significantly since the first quarter. The growth momentum is expected to continue into the second quarter.
This wave of LED packaging products has increased categories, including indoor medium and low-power lighting LED products (under 1 watt, excluding 1 watt) for home and commercial use, such as 2835 LED, 3030 LED and 5630 LED, with a quarterly increase of 0.3~ 2.3%, as well as outdoor high-power lighting LED products (above 1 watt) for outdoor and industrial use, such as ceramic substrate LEDs and 7070 LEDs, the quarterly increase is 1.3~1.8%.
LED lighting market demand is strong, manufacturers rush to promote new products after the epidemic to consolidate their own market share
Looking at this wave of price increases from the perspective of the supply chain, due to the impact of the epidemic last year that caused the chips and related metal raw materials to rise, some lighting LED manufacturers are facing the pressure of upstream price increases, and they have increased their previous sales of low-priced lighting LED products. In order to maintain profit fundamentals.
On the whole, despite the pressure of rising prices of upstream raw materials, lighting LED manufacturers are still actively improving product performance, including luminous efficacy and color saturation, and successively launching related products that meet the new needs of the post-epidemic market to consolidate their own market share. And competitiveness, such as OSRAM and Lumileds launched lighting LED products created by the architectural atmosphere, and CREE LED products suitable for indoor planting and plant factories. (Source: TrendForce Consulting)
