In 2017, the price of LED bulbs continued to decline, and the decline narrowed year-on-year1

The average price of LED light sources replacing 40W and 60W incandescent lamps continues to decline, which also promotes the replacement speed of LED to traditional lighting to a certain extent. Compared with traditional light sources, LED light sources have the advantages of high energy conversion efficiency, energy conservation, environmental protection and long service life, and have rapidly replaced traditional lighting in recent years. At the same time, with the continuous progress of LED technology, product prices show a continuous downward trend, but the decline narrowed in 2017. According to LEDinside statistics, in 2016, the average retail price of LED bulbs replacing 40W incandescent lamps increased from 10. In January. $3 fell to $8 in December. $7, a drop of 15. 53; The average retail price of LED bulbs replacing 60W incandescent lamps increased from 14. 5% in January. $1 fell to $12 in December, a drop of 14. 89. 2017, the former from January. $68 fell to $6 in December. $32, a drop of only 5. 39; The latter is from January. $45 fell to 7. In December. 51 US dollars, a drop of 11. 12. From the above chart, it can be found that in 2017, the average retail price of LED bulbs replacing 40W incandescent lamps decreased by 3. 5% in March. 51. Jibang Consulting LED Research Center (LEDinside) Yu Bin, an analyst, explained that some Chinese manufacturers including Opple and Jason started to enter the European market with their own brands in February, while international manufacturers also began to lower the prices of some products under competition, some high-priced products gradually withdrew from the market, resulting in a significant drop in prices in March. However, the average retail price of LED bulbs replacing 60W incandescent lamps fell sharply in July, a decrease of 2. 5%. 86. In terms of geography, the price of LED bulbs in Japan is relatively high. Replacing the 40W part, the average price in December in South Korea and Taiwan increased slightly compared with January, while other regions showed a downward trend, with the United States showing a large decline, from 8. 5% in January 2017. $13 fell to December 3. 21 dollars, a drop of 23. 62, followed by the United Kingdom (15. 99)The area with a small drop is Japan, only 5. 88. Replace the 60W part, of which Japan has a big drop, from 11. In January. $82 fell to 9. In December. 86 US dollars, a drop of 16. 58, followed by Germany, from 8 in January. 39 dollars fell 15. 97 to December of 7. US $05, while the region with a small drop was South Korea, with a drop of only 1. 5%. 8. It is worth noting that the average price of LED bulbs replacing 60W incandescent lamps in all regions rose slightly in December. The average price of LED light sources replacing 40W and 60W incandescent lamps continues to decline, which also promotes the replacement speed of LED to traditional lighting to a certain extent. LEDinside's new '2018 lighting package and LED lighting market outlook' shows that 2016 ~ In 2019, the scale of LED lighting market gradually increased, reaching 2018 in 327. $1. 7 billion, reaching $33. 3 billion in 2019. (