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LEDinside Chief Analyst Market Analysis Seminar opened in Shanghai Parkyard Hotel on March 19, 2014. Global LED bulb demand will grow 86%, while LED tubes will be up 89%, anticipated LEDinside analysts. As sapphire substrate applications diversify, supply and demand can reach an equilibrium by 2014.
Affected by the global economic downturn, there has been rising number of city bankruptcies. In turn, city management are increasingly valuing sustainable development. Outdoor lighting construction and maintenance costs have gradually increased over the years in city public lighting expenditures. City managers are creating suitable living environment that uses low investment and maintenance costs and can be met on a limited budget.
Global 40W equiv. LED bulb ASP rose slightly by 0.5 percent to US $15.3 (NT $463.7), with price rise most evident in Japan, according to LEDinside, a division of research organization Trendforce’s, latest LED bulb retail findings for Jan. 2014. Conversely, global 60W equiv. LED bulb ASP dipped 0.9 percent to US $21.2. ASP for 40W equiv. and 60W equiv. LED bulbs dropped compared to last year, by 21 percent and 28 percent respectively, according to data by LEDinside. The decreasing LED bulb price trend is anticipated to continue in 2014.
Global market research firm TrendForce's Green Energy Division LEDinside said that, in 2013 the LED chips total revenues of mainland Chinese companies(which mainly based on mainland investment, similarly hereinafter) reached 992 M USD, with a year-on-year growth of 17%, and is expected to reach 1182 M USD in 2014.
Global 40W equiv. LED bulb ASP decreased 2.7 percent to US $15.4 (NT $462), with price decline most evident in the China region, according to market intelligence organization Trendforce’s LEDinside division’s latest LED bulb retail price findings for Nov. 2013. Global 60W equiv. LED bulb ASP slightly dipped 0.7 percent to US $21.5. Short term year-end sale promotions will be a driving role towards increasing consumer acceptability and market share, said LEDinside. LED bulbs will become the representatives of the global LED replacement s in 2014. Compared with 2013, LEDinside estimates that 2014 global LED bulb volume of demand will increase 86%.
