LED light bulb prices continue to go down wisdom"

Review: according to the latest LED retail price of the industry body survey shows that this year (2014) in May, the global replacement of the 40W LED bulb retail price fell by about 3.2%, reaching $14.2. Which is still the most obvious decline in prices in china. 60W replace the LED bulb global average price fell 3.6% to $19.5. I observed with LED light bulb prices continue to decline, the wisdom of lighting has become a new blue ocean price competition from manufacturers. Therefore, more and more lighting brand manufacturers have introduced new smart lighting products to maintain market competitiveness.

As prices continue to decline, the gradual increase in the permeability of LED bulbs. As one of the main trends of LED lighting in 2014, the wisdom of the market impact of the light bulb is fast fermentation. More and more manufacturers in the lighting solutions into the application of intelligent lighting and control systems to maintain competitive advantage in the market. However, LED bulb price wisdom is very expensive, according to industry statistics, at present the American market to replace 60W ordinary LED bulb price is around $16, and the wisdom of LED bulb price ranging from $30~60, compared with the traditional LED lighting is about more than double the price difference.

LED light bulb prices continue to go down wisdom"

Therefore, the main demands through the adjustable light color to decorate the home lighting situation and atmosphere, and even with third party mobile App software can create more additional features. So often at home for banquets or party consumers are willing to pay the extra premium. And most concentrated with high purchasing power and maturity in Europe and other regions, and the contrast in the Chinese market is still in the concept stage, and the high price, and there is no standard lighting control scheme has hindered the progress of smart lighting. Therefore, the popularity of smart lighting also requires the maturity and coordination of the whole industry chain. Expected with the increase in popularity and the expansion of production, LED smart bulb costs and prices will further decline.

Adjustment of product sales, to replace the 40W and 60W global commodity prices have maintained a downward trend

Chinese area to replace 40W commodity prices in May showed a sharp decline of 12.8%, the original part of commodity prices, in addition, some high priced products temporarily stop selling light bulbs. In addition, the average price of goods in the United States region also showed a sharp decline in May, down 8.3%, the original part of the commodity into the promotional period prices fell sharply in May prices fell by 50%. Instead of 60W commodity parts, China in May prices fell sharply by 9.1%, the original part of the commodity prices remain stable, part of the high priced items temporarily withdraw from the market resulting in a decline in the average price. And prices in May showed 22% UK fell sharply, but the original commodity prices remained stable, mainly because of some high priced items temporarily stop selling.