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2016/04/07
In March, the global average sales price (ASP) of 40W-equivalent (equiv) LED light bulbs rose 12% over the prior month to US$103, says the latest price report from LEDinside, a division of TrendForce The global ASP of 60W-equiv LED light bulbs also saw a monthly increase of 08% to US$141
According to LEDinside analyst Allen Yu, the price trend in March was mainly the result of slowing declines in the US and Europe and recoveries in other regional markets Prices in Asia have bounced back with the exception of China
In China’s LED package market, prices of high-power products of the 5630 and 3030 package types continued falling in March Prices of 2835 LED packages and other standard products were approaching their costs, so they did not have much room for further decline
Competition intensified in the high-power LED package market in March and 3030 products saw larger price decline
Standard LED package products became mostly unprofitable after their prices fell sharply in 2015 As a result, some manufacturers have abandoned the standard LED package market and move on to mid- and high-power markets
In March, 2835 LED packages were on a stable price trend The average price of 3030 products, on the other hand, fell noticeably by 35% compared with February Yu pointed out that 3030 LED packages are expanding into a greater number of application fields, especially in the outdoor lighting sector (eg street and tunnel lights) Prices of 3030 LEDs are therefore expected to maintain downtrend in the short term as more manufacturers enter the market
To find out the latest retail prices of LED light bulbs, please visit LEDinside’s price quote webpage at http://wwwledinsidecom/pricequotes/led_bulb
2016/03/07
The latest report from LEDinside, a division of TrendForce, finds that the global average price of 40W-equivalent (equiv) LED light bulbs arrived at US$102 in February, down 06% from the prior month The global average price of 60W-equiv LED light bulbs also fell 05% monthly to US$14 in February
“Though some parts of the US and European markets saw price decline, the prices of LED light bulbs remained mostly constant through February due to stable demand worldwide,” said LEDinside analyst Allen Yu Prices also stayed relatively unchanged in China as trading fell during the Chinese New Year holidays On the whole, the outlook of the LED industry is still gloomy and there is no sign of market demand picking up quickly Thus, prices of LED light bulbs worldwide will stay on a gradual downtrend
The LED package market in China witnessed only slight price fluctuations during February because of the holiday season With the exception of 2825 LED products, other LED packages did not experience a notable price decline
Prices were steady in Chinese LED package market during the February holiday season
Due to the Chinese New Year holidays, most LED companies scaled back their operations and trading activities Prices remained constant for 5630 and EMC3030 LED products On the other hand, major manufacturers such as MLS and Refond lowered the prices of their 2835 LED products Hence, the average prices of 02W and 05W 2835 LED products respectively fell by 05% and 12% in February
Yu added that the focus of product development in the lighting LED market has shifted to mid- and high-power LED packages The 05W segment in particular, is seeing rising demand and an increase in the number of competing suppliers Prices of 05W products will therefore continue to fall in the near future As for 02W products, their prices do not have much room for further reduction
To find out the latest retail prices of LED light bulbs, please visit LEDinside’s price quote webpage at http://wwwledinsidecom/pricequotes/led_bulb
2016/02/03
LEDinside, a division of TrendForce, reports that both the 40W-equivalent (equiv) and 60W-equiv LED light bulbs suffered decline in their global average retail prices in January The price of the 40W-equiv dropped 33% from December to US$103, while the price of the 60W-equiv ended up at US$141, amounting to a 25% monthly decline
LEDinside analyst Allen Yu said that US and European lighting vendors maintained their promotional pricing through the turn of the year in order to boost sales, so some products in those markets experienced significant price declines In China, prices of LED light bulbs fell at a slower pace in January compared with the sharp drops in November and December of last year Prices of most products have stabilized as many local lighting vendors are shutting down earlier for the Chinese New Year holidays In Asia’s other regional markets, prices will remain in a downtrend
The LED package market in China is also seeing a slowdown in trading as the country prepares for the upcoming holiday season Some LED packages experienced sharper price drops in January
Lack of trading activities ahead of the Chinese New Year holidays hurt prices of some LED packages
The LED industry has undergone a modest recovery since the fourth quarter of 2015 In the January of this year, however, many package companies in China decided to close before the official start of the Chinese New Year holidays Trading therefore dropped considerably during the month, and there was marked decline in prices for some packages Set against December of last year, international LED manufacturers such as Samsung, Seoul Semiconductor (SSC) and LG Innotek lowered their prices for 5630 LED products by an average of 49% in January Besides, major manufacturers cut the prices of their 05W 2825 LED products by about US$0012, amounting to a monthly drop of 34% As for 02W 2835 LED products, their prices were near the cost price level after seeing sharp decline in 2015 Their prices therefore remained stable during January
Yu said the Chinese LED package industry is still having excess capacity Furthermore, technological advances will result in LEDs producing greater brightness from the same chip surface area Hence, prices are expected to keep falling in the Chinese package market during 2016
For the latest reports on LED prices, please visit LEDinside’s website at http://wwwledinsidecom/
2016/01/11
The latest report by LEDinside, a division of TrendForce, revealed that the global average price of 40W-equivalent (equiv) LED light bulbs arrived at US$106 in December 2015, down 16% from November The global average price of 60W-equiv LED bulbs for the same month also dropped 07% to US$145
In the US and Europe, prices of some products were still in decline in December on account of year-end sales, according to LEDinside analyst Allen Yu Promotional activities were not as significant in Asia through December, so prices remained stable in most of the countries in this region The only exception during the same month was China, where lighting vendors tried to boost their sales by maintaining low prices for some products after the Singles’ Day event in November
The market recovery in December and the stock-up demand at the end of the year moderated the general price decline of LED package products in China Prices of standard LED packages were steady on the whole, while prices of mid- and high-power LED packages dropped slightly
A year-end recovery moderated the price decline of LED packages
Prices of mainstream LED packages were in a downtrend throughout 2015, with year-on-year declines ranging from 20% to 40% Products of the 2835 package type in particular suffered the steepest drop for the entire year Prices of 02W and 05W 2835 LED products respectively fell by 31% and 40% year on year Prices of 5630 and 3030 LED products on the other hand fell by around 20% year on year
While the December recovery has slowed down the price slide in the LED package market, Yu noted that Chinese LED companies are still having excess capacity This problem is unlikely to go away in the short term even with demand starting to return in the fourth quarter of 2015 LEDinside therefore expects price decline to persist in the Chinese LED package market going into 2016
Year-end promotions resulted in reduced prices for LED light bulbs worldwide
The UK was the regional market that had the largest decline in prices of 40W-equiv LED light bulbs for December, with an average monthly drop of 68% The same products also suffered a 36% price decline in the US, whereas prices in Germany were stable due to lack of significant year-end sales activities Prices of 40W-equiv LED light bulbs bounced back in Japan after two consecutive months of decline China by contrast still witnessed falling prices for 40W replacement products in December
China was the regional market that had the largest decline in prices of 60W-equiv LED light bulbs for December, with an average monthly drop of 49% To drive up sales, vendors in China continued with their promotional activities after the Singles’ Day event in November Prices of 60W replacement products in other regional markets were relatively stable in December
Yu pointed out that for 2015, the global average price of 40W-equiv LED light bulbs fell 14% annually, while the year-on-year price decline for 60W-equiv LED light bulbs was 16% China and the US were the markets where the downtrend was very noticeable Overall, LED lighting products did not encounter price decline as sharp as LED packages, and lighting vendors have managed to keep prices high for some products that hit the market early last year
2015/12/07
The latest report from LEDinside, a division of TrendForce, finds that the global average price of 40W LED replacement light bulbs fell 34% monthly to US$108 in November, while the 60W counterparts saw a 3% drop to US$146
LEDinside analyst Allen Yu said that the price decline for LED lighting products in November was more significant in China because of online promotional activities during the Singles Day sales In the European and the US markets, prices returned to downtrend during the same month after experiencing an uptick in October As for China’s LED package market, demand has been picking up compared with the third quarter but still lags far behind expectations Currently, the downtrend in the Chinese package market is caused mainly by the decline of mid- and high-power LED package products The room for further price reduction is relatively smaller for standard LED package products
Mid and high-power LED package prices in China suffered relatively large price decline in November as the market recovery fell short of expectations
LED package prices have fallen each month since the start of this year, with decline being most noticeable in the standard package segment Mid- and high-power LED package products are still seeing rapidly falling prices In particular, more manufacturers are producing 05W 2835 LED products due to rising demand As a result, the average monthly decline of the products reached 33% in November and was responsible for the overall price drop for mid- and high-power LED package products Yu pointed out that the present recovery of LED industry has not been as smooth as initially believed, and manufacturers are still suffering low capacity utilization In the short term, Yu expects price slump to persist in China’s LED package market
LED light bulb prices sank worldwide in November
During November, 40W-equivalent LED light bulbs saw the steepest price decline in China as local lighting companies had lowered their prices in that regional market in response to Singles Day sales The monthly decline in China thus reached 99% Prices in the UK and Germany swung sharply downward after a significant recovery in October, with monthly declines respectively at 52% and 72% In Japan, the monthly drop was 34% because some products were on promotion there
As for the prices of 60W-equivalent LED light bulbs during November, monthly decline in China reached 79% due to local lighting companies cutting prices during the Singles Day sales International lighting companies also substantially lowered their prices In the UK, 60W-equivalent LED light bulbs suffered a relatively large monthly decline because of most of these products were promotion there as well By contrast, prices in Germany and Japan fell 4% and 27%, respectively
