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Ming and backlight modules support the overall LED market demand, but with the penetration rate of LEDs in LCD TVs reaching 95, LED manufacturers including Jingdian and Ronda actively develop new applications, and open up niche with high gross profit and diverse applications. The market has driven another wave of new kinetic energy to contribute to revenue.
UVLED welcomes high growth According to market research firm LEDinside, the overall LED lighting market value in 2014 was 35.3 billion US dollars, up 47.8 compared with 2013. In 2014, LED lighting penetration rate will also be increased to 32.7, including bulb and lamp penetration. The rates are 20 and 15.
Jingdian actively develops new application markets. Crystal Power spokesman Zhang Shixian said that in addition to the smart phone and car market, security (control), industrial UV (ultraviolet) and medical, home appliance sterilization are new markets in the future.
The first quarter of the crystal power Q2 performance, Zhang Shixian said that the automotive market is a new market for LEDs. PowerIR, which is used in vehicle reversing radar and night vision, has been shipped in small quantities last year, accounting for about 2 of last year's revenue, and will grow further this year; As for the night vision lighting of the security control system, with the rapid growth of smart home security monitoring requirements, the related application is also a new market; in addition to UV sterilization, UV can also be used in the industrial adhesive process, using UV light-sensitive adhesive to achieve fast Hardening effect.
He pointed out that although this part is not as good as the backlight or lighting, the profit is quite good. It is estimated that the future of UVLED will be a high growth period in a few years.
Zhang Shixian said that the backlight is still the main force, as LED lighting products account for about 30% of the revenue, and will increase in the future. At present, the capacity utilization rate has reached more than 90%, which is almost full. The second quarter performance of Jingdian should be better than the first quarter. If the next single month revenue is more than 2.5 billion yuan, the second quarter revenue will be 7 billion yuan, a double-digit growth compared with the first quarter.
Ronda also applied to the new market development. Lunda pointed out that the backlight is still a large revenue, accounting for about 60%. As for the lighting, it is rising with the overall lighting market, and the proportion is about 30%. about. In addition to the lighting market, Ronda is also actively developing new applications such as automotive, plant lighting, UVLED and medical, but the volume is not large.