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Fierce competition caused major shifts in the global LED package revenue ranking for 2015, according to LEDinside, a division of TrendForce. Nichia remained the leader, followed closely by OSRAM Opto and Lumileds. Samsung LED and other South Korean manufacturers suffered revenue declines due to the price war and the contraction of LED backlight market.
LEDinside, a division of the global market research firm TrendForce, held an exclusive analyst symposium on April 15 at Taipei World Trade Center Nangang Exhibition Hall. During this special meet-and-greet event, LEDinside analyst based in Taiwan and Mainland China gathered together to share their latest findings with attendees.
The latest report from LEDinside, a division of TrendForce, finds the total value of the global LED market (include both visible and non-visible LED products) arrived at US$14.32 billion in 2015, representing YoY growth of -3%. The market witnessed its first annual decline in value last year mainly because of the price war among the LED manufacturers, with the ASPs of some mainstream LED packages suffering a drop of 40% or more compared with 2014.
In March, the global average sales price (ASP) of 40W-equivalent (equiv.) LED light bulbs rose 1.2% over the prior month to US$10.3, says the latest price report from LEDinside, a division of TrendForce. The global ASP of 60W-equiv. LED light bulbs also saw a monthly increase of 0.8% to US$14.1.
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.
