LED products are mainly used in backlight, color, indoor lighting three areas. Since the backlight is the largest application market for LEDs in recent years, led industry has been driving rapid growth. In the future, the price of products and the new round of the global ban on the rise of incandescent lamps and other factors, indoor lighting will replace the backlight as the future growth of the fastest led segments. In addition, in recent years, the small-pitch display and other product upgrade factors driven by the LED product growth rate has been increasing, showing a steady growth trend.
Overall, the future led total demand will continue to grow, the relevant companies have long-term investment value