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2017/09/07
Prices of LED light bulbs showed a slight decline this August, according to the latest reporting from LEDinside, a division of TrendForce Compared with July, the global ASP of 40-watt equivalent LED light bulbs fell by 11% to US$64, while the global ASP of 60-watt equivalent LED light bulbs dropped by 15% to US$77
LEDinside analyst Allen Yu pointed out that Japan witnessed a larger price decline as the promotional pricing of new products including LED filament bulbs helped pull down prices of the more established products in that regional market “Not only are the LED filament bulbs well-received in Europe and the US, they are gradually gaining tractions in Asian markets as well,” noted Yu
Prices of LED light bulbs were relatively stable in the US, the UK and Europe The price decline, however, was a bit more pronounced in Germany Outside Japan, prices also remained steady in other Asian markets
Prices in China’s LED package market were on a stable trend in August
The latter half of August was the start of the traditional off season in the lighting market Due to cooling demand, lighting LED suppliers also saw a lowering of their capacity utilization rates Nonetheless, prices of LED packages in China held steady in August as the seasonal headwinds did not have a noticeable effect on them Prices of 3030 and 2835 LEDs were generally on the same level in August as they were in July
2017/08/03
LEDinside, a division of TrendForce, reports that the global average sales prices (ASP) of LED light bulbs fell in July compared with the prior month The global ASP of 40-watt equivalent products dropped by 09% to US$65, while the global ASP of 60-watt equivalent products dropped by 28% to US$78
“The US, Europe and Japan saw noticeable price decline because of the arrivals of new low-priced products and aggressive pricing by vendors,” said LEDinside analyst Allen Yu “China, on the other hand, experienced the opposite trend as prices of products from international brands bounced back”
Strong demand has steadied prices in China’s LED package market
Prices were stable in China’s lighting LED package market in July Even though the capacity expansion efforts by LED chip suppliers are starting to have an effect on the market entering the third quarter, package prices have remained steady due to high demand Currently, the most sought-after package on the market is 2835 LEDs However, prices of 2835 products are unlikely to drop further as they are already near the bottom In fact, the price trend of 2835 LEDs has shown stability over the past several months Some international suppliers raised prices slightly for their mid-power 3030 LEDs in July However, prices of 3030 LEDs of one watt and above were generally stable
2017/07/11
Steady growth in the LED lighting market supported the capacity expansion efforts of LED chip and package industries in 2016, says LEDinside, a division of TrendForce Furthermore, the annual revenue of China’s LED package market grew by 6% for 2016 to reach US$89 billion, according to LEDinside’s 2017 Chinese LED Chip and Package Industry Report In terms of ranking by revenue market share, Nichia retained its first place position in the Chinese market for 2016, while MLS climbed to second place and Lumileds dropped to third place
The combined revenue of the top 10 package suppliers in China for 2016 was US$41 billion, up by 24% compared with their 2015 figure By contrast, the average annual growth rate of the global LED package market came to just 6% in 2016 “The ranking indicates an increasing degree of concentration in China’s package industry,” said LEDinside analyst Allen Yu “Also, domestic suppliers captured more of their home market and thus moved up in the ranking”
Major domestic suppliers MLS, NationStar and Honglitronic will be raising their production capacity this year Once the additional capacity from them becomes available, China’s LED package industry will have a more noticeably stronger position in the global market
Nichia was still the revenue leader in China for 2016 because of its advantages in manufacturing technology, patents and brand name Besides maintaining a large market share in the backlight market, Nichia has also been very active in the high-class automotive lighting market
China’s MLS became the second largest package supplier in the domestic market in terms of revenue by extending its market shares for lighting LEDs and display LEDs MLS also kept raising its production capacity through the entire 2016
Lumileds slipped down to third spot in the Chinese market ranking for 2016 However, the company maintained annual revenue growth and remained ahead of other suppliers in applications such as high-end commercial lighting, automotive lighting and mobile flash LEDs
Likewise, Taiwan-based Everlight and Lite-on posted revenue growth in the Chinese market Everlight saw contributions from a wide range of application demands last year, including TV backlighting, mobile flash LEDs, display LEDs, automotive lighting and infrared (IR) products Lite-on’s revenue was also driven by mobile flash LEDs, automotive lighting and IR products
Among the top 10 suppliers in China for 2016, Honglitronic and NationStar were two domestic companies that advanced in the ranking as well NationStar registered a large annual increase of 36% in its revenue from the domestic market last year This allowed the company to climb to sixth place in the ranking NationStar has established itself as the market leader for fine-pitch LED displays and is aggressively expanding into the lighting LED market at the same time
Honglitronic too is growing its market share for lighting LEDs Smalite, which is Honglitronic’s subsidiary package maker, saw its revenue shot up by more than 60% annually in 2016 Honglitronic could go up further in the Chinese market ranking for this year as its production site in China’s Jiangxi Province takes on additional production capacity
2017/07/05
Prices of LED light bulbs crept up slightly this June with the global ASP of 40-watt equivalent products rising by 11% compared with the prior month to US$66, according to the latest report from LEDinside, a division of TrendForce The global ASP of 60-watt equivalent LED light bulbs remained constant at US$81
“Japan and Germany saw noticeable price increases in June as prices of some products rebounded in those markets because they were no longer under promotion,” said LEDinside analyst Allen Yu “Furthermore, market releases of the more expensive smart LED light bulbs also contributed to the small uptick in the general price trend”
Prices have been stable in China’s LED package market as international LED suppliers prepare to ship their latest products in this year’s second half
In China, LED chip suppliers are raising their production capacity, but the overall chip supply is not expected to catch up to the strong downstream demand in the immediate period On account of the tight chip supply, both chip and package prices in China remained firm in June Prices of 02-watt and 05-watt 2835 LEDs have been steady for several months, while prices of EMC 3030 LEDs have also gradually stabilized
Additionally, a few major international LED companies are also planning to mass produce and ship their latest LED packages worldwide this third quarter These products include the extreme high density XD LEDs from CREE and LG Innotek’s flip chip 5630 series
2017/06/07
Prices of LED replacement light bulbs dipped slightly but on the whole remained steady in May, according to LEDinside, a division of TrendForce Compared with April, the global ASP of 40-watt equivalent LED light bulbs fell by 19% in May to US$65 The global ASP of 60-watt equivalent LED light bulbs also dropped by 06% in May to US$81 versus April
“The current market trend shows strong sales of LED filament light bulbs in Europe and the US,” said LEDinside analyst Allen Yu “Philips for instance released four LED filament bulbs in February and more related products in May These LED filament bulbs from Philips are all priced below the market average”
Robust demand stabilized prices in China’s LED package market during May
China’s LED package market has seen undersupply since entering the second quarter Though chip suppliers have taken on additional production capacity, the strong downstream demand have sustained chip prices This in turn stabilized prices in China’s package market in May As prices have remained steady, package suppliers are raising the efficiency of their products Many mid-power and standard packages from international suppliers (eg 5630 LEDs and 3030 LEDs) have reached luminous efficacy of around 215 to 220 lumens per watt
