The PV Expo exhibition held in Tokyo, Japan ended last week and both the number of visitors and the performance of exhibitors have suggested a great future for the development of global PV market in 2013.
According to LEDinside’s “Gold Member Report,” in 1Q13 LED price for monitor backlight application fell by approximately 4%-8%, whereas LED price for TV application dropped by 3%-9%. Affected by the price cut by Korean manufacturers, average price of high power LED for lighting applications fell by 6%-9% this quarter.
The latest market report published by LEDinside, a research division of TrendForce showed that LED outdoor lighting replacements will be popular worldwide from 2013 to 2015, with Asian countries including China, Japan, and Taiwan acting most aggressively.
EnergyTrend, a research division of TrendForce indicated that while the market is still steep and shadowed by the concern over trade war, policy and efficiency remains crucial to the re-emergence of the PV market.
According to LEDinside, a research division of Trendforce, investigation on the latest LED light bulb retail price showed that global LED light bulb retail price remained volatile in January 2013. The retail price of LED replacements of 40W bulbs increased 4% to 19.4USD.