According to the “Chinese Lighting Market Report (2013 version)” released by LEDinside, a research division of TrendForce, the Chinese government successfully passed a series of domestic policies in 2012 that serve to not only stimulate LED lighting demand, but also to strengthen the entire business momen
According to LEDinside, a research division of TrendForce, in March, only several new LED lighting products were launched in the global market, and the price of existing products showed a steady decline. In the global market, 40W equiv. LED bulb retail price has dropped by 3.9% to 17.1USD, and 60W equiv.
According to market intelligence organization TrendForce’s LEDinside division’s newest LED bulb retail findings, the retail prices of LED bulbs all over the world have a downward trend this year for February. Worldwide 40W replacement LED bulb average retail price dropped by 8.2%, reaching 17.8 USD.
According to LEDinside’s “Gold Member Report,” in 1Q13 LED price for monitor backlight application fell by approximately 4%-8%, whereas LED price for TV application dropped by 3%-9%. Affected by the price cut by Korean manufacturers, average price of high power LED for lighting applications fell by 6%-9% this quarter.
The latest market report published by LEDinside, a research division of TrendForce showed that LED outdoor lighting replacements will be popular worldwide from 2013 to 2015, with Asian countries including China, Japan, and Taiwan acting most aggressively.