Prices of LED Light Bulbs Continued to Drop in October as Vendors Wanted to Generate More Sales, Says LEDinside

LEDinside, a division of TrendForce, reports that the global ASP of LED light bulbs continued its slide in October. Compared with September, the ASP of 40W equivalent LED light bulbs fell by 1.7% to US$6.2. The 60W equivalent counterparts also saw a 1.7% decrease in their ASP to US$7.4.

(Image: LEDinside)

Some brand vendors of LED light bulbs have decided to lower their prices at the start of this fourth quarter for the purpose of boosting their sales, said LEDinside analyst Allen Yu. Consequently, the worldwide price trend continued to move downward during October.

Prices of LED components were stable in October as package suppliers introduce new products

Prices were generally stable in Chinas LED package market in October. Compared with August and September, October was a period of recovery for the LED chip and component sections of the supply chain. Inventories for chip suppliers rose, but this was within the normal range and prices remained steady. The package market in turn did not experience noticeable price fluctuations.

Also, some package suppliers have released new products in October. In the mid-power segment, Lumileds launched the LUXEON Stylist Series for lighting in fashion retail stores, supermarkets and restaurants. The FreshFocus Technology, which is featured in 2835 and 3014 LEDs of the LUXEON Styles Series, offers wider color gamut and better light quality. In the high-power segment, Honglitronic has recently unveiled more advanced solutions under the AT Series, such as AT50 and AT70. According to Honglitronic, the AT Series has an anti-vulcanization technology that increases the reliability and lifespan of LEDs. Other major international LED suppliers including CREE and SSC have also released new products that seek to achieve greater brightness, more compact form and higher color rendering index.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE