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The global 40W equiv. LED lamps Average Selling Price (ASP) dropped 2.7% to USD 15.6 in June 2013, according to a recent LED lamp retail survey by LEDinside, a research subsidiary of TrendForce. Overall regional market prices continued to fall steadily, in which China’s decline was the most evident.
In accordance with statistics in Gold membership reports of LEDinside, Green Energy Division of the Global market research firm TrendForce, thanks to strong demand in the global LED lighting market in the first half of this year, the utilization rate of MOCVD machines that the major chip manufacturers have installed
According to the latest "China LED Lighting Market Report (2013 Version)” from LEDinside, Green Energy Division of Global market research firm TrendForce, China LED lighting market will reach 32.4 billion RMB in 2013, and the annual growth rate is up to 36%.
The total revenue of Taiwanese listed LED manufacturers plunged to NTD 10.6 billion in June 2013, as the LED market was affected by declining demand for backlight application and stocktaking, according to LEDinside, a research subsidiary of industry research organization TrendForce.
LEDinside, a research division of TrendForce indicated in their “Chinese lighting market report-2013” that the rise of the domestic LED market has brought great business opportunities. After the European debt crisis, the export-oriented Chinese LED lighting industry shifted their business to emerging markets.