LED Lights Rate To Fall By 15-20% Every Year

The price of LED lighting products are estimated to fall by 15-20% annually, increasing competition in the market as a supplier prices, reduce market share. The price of LED lighting products will increase to one third of current prices in 2015.A price war is launched in Japan since 2009. LED lighting sales have accounted for more than 20% of the Japanese market by the illumination volume and 50-60% of value sales in 2010 and the average price has dropped from 5,500 yen ($ 67) below ¥ 2000. LED light penetration of the market "should reach 30-40% in 2011.LED sources of firms reported that price competition in China, Europe and the United States have expanded. Average price of LED bulbs has dropped significantly in the current U.S. $ 20-23, but still high compared to U.S. $ 4-5 on conventional energy-saving bulbs bulbs.Some bulb manufacturers are reported to introduce LED lighting products to the end price of U.S. $ 10 in 2011. planned merger with distributors and retailers known for competitive prices, enter in the LED, the price war will only intensify in the future known.Conventional lighting giant Osram and Philips have already aggressive plans to continue its efforts in the LED lamps in the fall of the consumer market to increase. In 2010, Philips employs Asian markets like South Korea, India and Singapore, the market test and would officially into force of the bulb market in Taiwan in the first half of 2011.Philips Taiwan pointed out that LED lighting is the lighting industry that would revolutionize attract many more newcomers. In the current phase of market development, and eliminate price competition is fierce, especially in the low barrier renovation segment.The lifespan of LED lighting is the contract lighting market of origin, but the light segment, the value of production to create five times the conventional lighting applications, announced the company add to be in future lighting applications with 80% of total costs are LED lighting market.