Published on : Aug 09, 2016
ALBANY, New York, August 09, 2016: ResearchMoz.us has recently announced the addition of a new market research report to its vast collection of research studies. The 30-page research study, titled “China LED Encapsulation Industry Overview, 2011-2020,” provides a detailed analysis, focusing on the key growth drivers and current trends in the market. The product segmentation, challenges, opportunities, and competitive landscape of the China LED encapsulation industry have also been discussed in the research report with the help of several analytical tools.
The research study makes use of numerous analytical tools to determine the current trends in the LED encapsulation industry in China in order to guide the new as well as existing players in formulating business strategies in the next few years. The predicted figures and historical data of the industry have also been presented in the research study with the help of charts, infographics, tables, and graphs. In addition, strategic inputs given by the industry experts help the key players in strengthening their position in the market and gain the competitive advantage in the overall industry.
The market for incandescent lamps is projected to witness a drastic fall in the next few years, resulting in an increased demand for LED lighting. The growing application base of LED lighting is projected to drive the LED encapsulation in the near future. As per the research study, the LED encapsulation industry in China is projected to register a 15% CAGR between 2016 and 2020.
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The lighting market in China has witnessed rapid growth in recent years and is projected to grow substantially in the coming few years. This is projected to result in high demand for LED encapsulants throughout the forecast period. LED encapsulants are designed in order to avert the breaking of the fragile wire bonds, keeping the LED lights damage-free. Encapsulating LED lights also offers protection against extreme temperatures, thermal shocks, moisture, vibration, and other damaging factors. The LED encapsulation procedure comprises pouring of the liquid epoxy into the LED chamber and implanting the bracket to gain the preferred shape.
Some of the key applications of LED encapsulation are theater lighting, home and business lighting, advertising banners, aviation and airplane lighting, and architectural lighting. The recent technological advancements in this field are estimated to contribute extensively towards the development of the LED encapsulation market in China in the near future. The key players in the market are increasing their investment in research and development activities to introduce new products and gain a competitive advantage in the market.
The research study analyzes the competitive landscape of the LED encapsulation industry and offers an in-depth analysis of the key players engaged in China. Some of the prominent players discussed in the research report are Shenzhen Refond Optoelectronics Co., Ltd., Shenzhen Jufei Optoelectronics Co., Ltd., Guangzhou Hongli Opto-Electronic Co., Ltd., Mulinsen Co., Ltd., and Foshan Nationstar Optoelectronics Co., Ltd.
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