Steady growth in the LED lighting market supported the capacity expansion efforts of LED chip and package industries in 2016, says LEDinside, a division of TrendForce. Furthermore, the annual revenue of China’s LED package market grew by 6% for 2016 to reach US$8.9 billion, according to LEDinside’s 2017 Chinese LED Chip and Package Industry Report. In terms of ranking by revenue market share, Nichia retained its first place position in the Chinese market for 2016, while MLS climbed to second place and Lumileds dropped to third place.
Prices of LED light bulbs crept up slightly this June with the global ASP of 40-watt equivalent products rising by 1.1% compared with the prior month to US$6.6, according to the latest report from LEDinside, a division of TrendForce. The global ASP of 60-watt equivalent LED light bulbs remained constant at US$8.1.
Taiwan’s major annual optoelectronics industry exhibition, Photonics Festival 2017, will be held in Nangang Exhibition Hall of Taipei World Trade Center from June 14 to 16. Some of the highlights in the LED section of this exhibition includes products for the automotive industry and applications related to ultraviolet (UV) LEDs. LEDinside, a division of TrendForce, projects that the scale of the global UV LED market will increase from US$288 million in 2017 to US$526 million in 2020. Furthermore, the CAGR of the UV LED market in the 2015~2020 period is currently estimated at 34%. These and other data can be found in LEDinside’s 2017 UV LED vs. UV LED Module Market Report.
Prices of LED replacement light bulbs dipped slightly but on the whole remained steady in May, according to LEDinside, a division of TrendForce. Compared with April, the global ASP of 40-watt equivalent LED light bulbs fell by 1.9% in May to US$6.5. The global ASP of 60-watt equivalent LED light bulbs also dropped by 0.6% in May to US$8.1 versus April.
In April, the global average sales price (ASP) of 40-watt equivalent LED replacement light bulbs rose by 0.2% from the prior month to US$6.6, while the global ASP of 60-watt equivalent LED light bulbs fell by 0.2% from the prior month to US$8.1. The latest report from LEDinside, a division of TrendForce, finds the price trend for LED light bulbs was generally stable through April.
