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Lighting Bulb Prices Continued To Decline

Global market research firm ,Trend Force Green Energy Division LED inside's latest report notes that in 2014 the global LED commercial lighting market penetration is still quickly pulled up, the annual growth is expected to reach 23%. Besides its latest LED bulbs retail price survey shows that in April 2014 the global LED bulbs to replace 40W rendering retail price fell by 1.5%, to $ 14.7, which is most evident in China prices. Replace 60WLED bulb price fell 2.5% to $ 20.2. The main types of lighting products for commercial applications as LED lamps, lighting, bulb, Europe, North America, China is the world's LED commercial lighting the main area of ​​use is the most important market within the next five years. LED inside research assistant manager Wu Yingjie said that 2013 LED lamp market demand $ 2.58 billion, in 2018 will be increased to $ 8.871 billion, highlighting the importance of LED lamps in commercial lighting, especially in the parity supermarkets, offices underground parking lot to get widely adopted, together with the design under rapid evolution, but also the rapid increase cost advantage compared to other fixtures. China region to replace 40W commodity prices showed a 7.9% decline in april, the original part of the commodity prices continued to fall, just as in March to lower the price of Foshan Lighting 7W bulb, and decreased from $ 2.9 to about $ 2.4. The UK in April showed 6.4% compared with prices fell sharply, such as Toshiba 7.7W, 470LM bulb, in April the price was reduced from $ 25.6 to about 16.7 U.S. dollars. Replace 60W commodity parts, prices continue to fall in Japan, in April showed a significant decline of 14.5%, reaching $ 16.4; German region in April was 6.9% higher than the price fell sharply. And changes in exchange rates is one of the reasons for the price decline.

    
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