05/17/2012
According to LEDinside, the LED research division of TrendForce, European LED lighting market’s compound annual growth rate will hit 38% in the next five years, becoming another mature LED market besides Japan.
According to the latest price survey by LEDinside, the LED research division of TrendForce, the global LED light bulb price downtrend did not persist in March – 40W equivalent LED light bulb ASP went up by almost 7%, with the uptrend mostly attributed to Japan and the United Kingdom.
The climbing energy-saving awareness over the recent years has been greatly spurring the LED lighting demand. In addition to major brand vendors’ releases of new LED lighting products, mature markets such as Europe and Japan have implemented policies to phase out incandescent light bubs, which further propels the LED market to grow.
The energy shortage raises energy-saving awareness around the world, and with the effort of the major companies, LED lighting once again takes over the spotlight in 2012.
In order to meet the market expectations for lm/$ and to increase market share, LED lighting companies have been striving to make their way into the lighting market. China launched a new subsidy policy for the solid-state lighting products in 2012, arranging public biddings for interior and outdoor lighting products which took place on March 20.
According to LEDinside, a research division of TrendForce, the February revenues of Taiwanese listed LED manufacturers totaled NT$ 6.92 billion (MoM+14.1%, YoY-4.5%).
Competition in South Korea Remained Fierce; 40W Equivalent LED Bulb Price Plunged below US$10
According to the latest price survey conducted by LEDinside, the LED research division of TrendForce, due to the inventory closeout, the LED price dropped by 10% in 4Q11 averagely. As for 1Q12, the price downtrend is expected to alleviate following the steep fall in 4Q11 and the releases of new products.
As the penetration rate of LED TV continues to rise and the related LED technologies become more mature, global brand names’ product and price strategies will be more aggressive regarding the LED TV market.
Low-Price Strategy Caused Steep Drop in December Prices, Penetration Rate to Surge
