Gradual Upticks in Market Demands Led to Stable LED Bulb Prices in February

2016-03-15  Post By: Longmangroup

The latest report from LEDinside, a division of TrendForce, finds that the global average price of 40W-equivalent (equiv.) LED light bulbs arrived at US$10.2 in February, down 0.6% from the prior month. The global average price of 60W-equiv. LED light bulbs also fell 0.5% monthly to US$14 in February.

“Though some parts of the U.S. and European markets saw price decline, the prices of LED light bulbs remained mostly constant through February due to stable demand worldwide, ” said LEDinside analyst Allen Yu. Prices also stayed relatively unchanged in China as trading fell during the Chinese New Year holidays. On the whole, the outlook of the LED industry is still gloomy and there is no sign of market demand picking up quickly. Thus, prices of LED light bulbs worldwide will stay on a gradual downtrend.

The LED package market in China witnessed only slight price fluctuations during February because of the holiday season. With the exception of 2825 LED products, other LED packages did not experience a notable price decline.

More about us : led stage lighting , wall washer