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The price drops, the LED light source replaces the tide sweeping the world

April 13, 2023

On March 19th, 2014, the LEDinside Principal Consultant Analysis Meeting, which was exclusively sponsored by Jingyuan Optoelectronics, the world's largest LED chip maker, was grandly opened at the Shanghai Boya Hotel as scheduled. The LEDinside lineup of strong analyst teams focused on the field of special research. Analyze and share the first-hand survey data and the most intuitive and detailed analysis report with the participants. In the speech, the LED light source replaced the tide sweeping the global long-term tracking of the global LED lighting market dynamics and trends. LEDinside analyst Ms. Wang Ting pointed out in her speech that the rapid decline in the price of alternative lighting products has brought about the replacement of global LED light sources. tide. Among them, bulb lamps and lamps have become the most demanding alternative light source types due to high consumer acceptance and high replaceability. Compared with 2013, the global LED bulb demand will increase by 86% in 2014, while the LED lamp demand growth rate will reach 89%. According to LEDinside statistics, in January 2014, the average retail price of LED bulbs replacing 40W worldwide decreased by about 21% year-on-year, and the price of LED bulbs replacing 60W decreased by about 28%. The rapid decline in the prices of first-line brands has accelerated the regulation and integration of regional markets. In addition to the price fluctuations caused by the listing of high-performance new products and the promotion period of individual products, the prices of bulbs in various regions have shown a steady downward trend. 

At the same time as the price drops, the price/performance ratio of products in various regions is gradually increasing. In addition, the development of LED-related standard policies and the launch of replacement standards in various regions have also promoted the development of the global LED lighting market. International, Taiwan, mainland manufacturers three "sea" LED world LEDinside analyst Yu Bin China's packaging market speech pointed out that in 2013 China's LED packaging market size increased by 20% year-on-year, lower than market expectations. Yu Bin said that the continued decline in prices is the main reason for the slow growth of the market. Commercial lighting is the main driving force for the growth of LED packaging market in 2013; the backlight packaging market is affected by the increase in penetration rate of domestic TV and smart phones, and the market scale is further expanded; however, in the display screen and other mature fields, the market growth is relatively limited.


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