Price Trend of LED Light Bulbs Showed a Slight Dip in August
September 7, 2017 | TrendForceEstimated reading time: 1 minute
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 1.1% to US$6.4, while the global ASP of 60-watt equivalent LED light bulbs dropped by 1.5% to $7.7.
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 U.S., they are gradually gaining tractions in Asian markets as well,” noted Yu.
Prices of LED light bulbs were relatively stable in the U.S., the U.K 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.
Suggested Items
Q1 Smartphone Production Increases Due to Low Base Last Year, Expected to Decline 5–10% in Q2
06/14/2024 | TrendForceTrendForce reports that suppliers significantly reduced production targets in the first quarter of last year to address severe inventory accumulation in channels.
Top 10 Global Foundries at 4.3% QoQ Drop in 1Q24 Revenue as SMIC Climbed to 3rd Spot
06/12/2024 | TrendForceAs indicated by the survey of global market intelligence firm TrendForce, 1Q24 marked the entry of a traditional off-season for the consumer end, where the sporadic appearance of urgent orders within the supply chain were mostly replenishment of inventory among individual clients, and exhibited sluggishness in momentum on the whole.
Werner H. J. Wagner Appointed as General Manager of Indium Corporation Advanced Materials GmbH
06/11/2024 | Indium CorporationIndium Corporation, a leading innovator in industrial material solutions, is thrilled to announce the appointment of Werner H. J. Wagner as its new General Manager.
A/NZ Software Spending Slowed in 2023, Artificial Intelligence Grew 62% YoY
06/10/2024 | IDCAccording to the International Data Corporation (IDC) Worldwide Semiannual Software Tracker (2H23), annual software spending across A/NZ grew 17.3% year-over-year (YoY) in 2023, reaching US$20.9 billion in constant currency.
Kunkune Partners with Leading Chinese YIHUA Soldering Equipment Company as an Exclusive Distributor
06/07/2024 | Globe NewswireKunkune Ltd, a prominent name in the UK’s industrial equipment distribution sector, proudly announces its exclusive partnership with YIHUA Soldering Equipment Company, a renowned manufacturer based in China.