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2017/04/06
Prices of LED replacement light bulbs continued to fall this March, according to the latest report from LEDinside, a division of TrendForce Compared with February, the global average sales price (ASP) of 40-watt equivalent LED light bulbs dropped 36% to US$66, while the global ASP of 60-watt equivalent products had a smaller decline of 09% and came to US$81
LEDinside analyst Allen Yu said several China-based vendors such as OPPLE Lighting and MLS have begun to sell products under their brand names in Europe since the start of this February To fend off Chinese competition, major international brands cut prices on some of their products Some high-price products were also being taken off the market On the whole, prices of LED light bulbs in the US and Europe were on a more noticeable downtrend this March, whereas prices in Asia remained relatively stable
Prices of LED packages in China were constant corresponding to the steady market demand
Looking at China’s LED package market, some LED suppliers already raised prices for their 02-watt and 05-watt 2835 products in February While market demand stayed fairly robust through March, suppliers also expanded their production capacity during the same period Therefore, the overall price trend in China’s LED package market was on a steady course without significant fluctuations
2017/03/08
LEDinside, a division of TrendForce, reports that the global average sales price (ASP) of 40-watt equivalent LED replacement light bulbs came to US$68 this February, down 06% from the prior month As for 60-watt equivalent counterparts, their global ASP in the same month stood at US$82, dropping 21% from January
“The releases and promotions of new LED filament light bulbs caused prices to drop noticeably in Europe and the US this February,” said LEDinside analyst Allen Yu “LED filament light bulbs have the advantage of using less power to achieve the same levels of luminous flux as conventional LED light bulbs At the same time, LED filament light bulbs are priced much lower on average than conventional LED light bulbs”
Rising costs of raw materials have pushed up prices in China’s LED package market
In China’s LED package market, several suppliers have begun to raise their prices for some of their products after the Chinese New Year holidays due to the tight supply of standard LED chips MLS at the start of the February announced that prices of its lighting LED packages will go up by 15%, causing other suppliers to follow For February, price hike mainly affected 2835 LEDs, with 02-watt and 05-watt 2835 LEDs both seeing an increase of 12% versus January Prices of 3030 LEDs and 5630 LEDs by contrast were stable during February
European vendors focus on developing new LED filament light bulbs that are high in luminous efficacy and economically priced
During this February, 40-watt equivalent LED light bulbs saw sequential monthly price drops of 61%, 12% and 5% respectively in Germany, the UK and the US The declines were mainly attributed to the discount pricing of a few older products and the releases of new low-priced products Philips put four new products on the market in February All of them are LED filament light bulbs
China’s OPPLE Lighting also released two new products in Europe this February as part of the brand’s ongoing efforts to establish itself in the region as well as in the US The promotional prices of these two products were also significantly below the global ASP of 40-watt equivalent LED light bulbs
On the other hand, promotional activities were ending in Asia during February, causing prices of some products to bounce back The ASP of 40-watt equivalent LED light bulbs in Japan went up 29% compared with January Furthermore, the ASP of Toshiba’s 49-watt 485-lumen LED light bulb also went up again to US$582, translating to a huge hike of 24% from the prior month
ASP of 40-watt equivalent LED light bulbs in China this February fell slightly by 17% versus the prior month Prices were relatively stable in China with a few notable exceptions For example, a 10-pack 6-watt 500-lumen LED light bulbs from Philips fell 20% compared with the prior month to US$29 In South Korea and Taiwan, there were no significant changes in prices of 40-watt equivalent products
As for 60-watt equivalent LED light bulbs, their ASPs in Germany, the UK and the US fell in February, with the monthly declines respectively at 52%, 5% and 39% In the US, prices of some products were lowered significantly due to promotions A pack of four 135-watt and 800-lumn LED light bulbs from CREE came to US$2297, translating of a slide of 19% compared with January Similarly, the combination of promotional activities and low-priced new products also pushed down ASPs of 60-watt products in the UK and Germany Japan saw a 24% drop, but prices stayed constant in other parts of Asia
2017/01/09
Since November 2016, LED light bulb vendors have lowered prices of their products for regional markets including Japan, Europe and the US as part of their year-end promotions The downtrend in prices became more noticeable at the end of the year “Compared with the prior month, global average sales price (ASP) of 40-watt equivalent LED light bulb fell 3% to US$87 in December,” said Allen Yu, analyst for LEDinside, a division of TrendForce “The global ASP of 60-watt equivalent LED light bulbs also saw a monthly decline of 24%, arriving around US$12”
China’s package market saw price hikes due to rising material costs in upstream of supply chain
In China’s LED package market, prices of 02-watt 2835 LEDs increased by 24% on average in December last year compared with November due to the tightening of supply for standard packages Those suppliers that raised prices on standard packages include well-known Chinese brands such as Honglitronic and MTC On the other hand, prices of mid- and high-power packages did not rise in December, and 05-watt LEDs of 2835 and 5630 types saw relatively stable price trends Prices of 1-watt 3030 LEDs actually fell by 16% on average from November
2016/12/07
LEDinside, a division of TrendForce, reports that the global average selling prices (ASPs) of LED light bulbs saw greater monthly drops in November than in October as branded light bulb vendors started to offer year-end promotional discounts and released new low-price products on the market
“Compared with the prior month, the global ASPs of 40-watt and 60-watt equivalent LED light bulbs fell 29% and 27% respectively in November to US$9 and US$123,” said LEDinside analyst Allen Yu
China’s LED package market saw stable prices in November as chip prices were relatively constant
The latest survey of China’s LED package market finds that prices were steady in November on account that chip prices also did not register any noticeable drop Prices of 2835 and 5630 LEDs stayed constant in November as they had been for several months straight Prices of 3030 LEDs, which by contrast had been on a downtrend for some consecutive months, started to see their decline easing in November As for high-power ceramic LED packages, international suppliers including those from the US and South Korea have cut their prices on these products, thus lowering their global ASPs
2016/11/10
After being steady for two consecutive months, prices of LED light bulbs began to drop noticeably in China during October, according to LEDinside, a division of TrendForce Branded light bulb vendors operating in the Chinese market begin promotional pricing much earlier before Singles’ Day on November 11
“Compared with the prior month, 40- and 60-watt equivalent LED light bulbs both saw a decline of 06% in their global average selling prices in October,” said LEDinside Allen Yu “The 40-watt equivalent LED light bulbs arrived at US$92, while the 60-watt came to US$126”
Package prices in China and chip prices have generally stayed constant
The recovery of LED market demand in September led to the stabilization of LED chip prices Some chips even saw their prices went up due to supply shortage This trend continued in October and has also kept package prices steady in China On the whole, prices of 2835 and 5630 LEDs in the Chinese market have been relatively constant during these few months
EMC 3030 LEDs are the exception to the trend as their prices have been on a slide International suppliers lowered prices of EMC 3030 LEDs in October, causing a monthly drop of 09% on average “International suppliers are gradually cutting prices for EMC 3030 LEDs in response to more Chinese competitors entering this market,” noted Yu
