LED bulb price reduction increases market penetration rate

According to data from Huabao Securities, the average retail price of LED bulbs that replaced the traditional 60-watt incandescent bulbs fell significantly in last December, with the average monthly selling price falling by 16, while the low selling price reached 18. $9. However, in the category of LED bulbs that replace the traditional 40-watt incandescent bulbs, the market price of large factories is 11. 5%. One dollar. In the commodity segment that replaced 60 watts, the price decline in last December was obvious in the Korean market, the US market and the Japanese market. Among them, South Korea has appeared 18. A low price of $9. In the replacement of the 40-watt commodity sector, the obvious price decline in last December is still in the Japanese market. The competitive market is still in South Korea, and the current low price is about 11. One dollar. At present, the retail price of LED bulbs changes greatly, which is still replacing the traditional 60-watt commodity part. As this specification of goods accounts for a large proportion of the bulb market and is also relatively close to the light source specification of the main lighting, all major brands are actively arranging card positions, I hope to expand the market with products with more price advantages. In fact, the high price has always been one of the reasons for the low penetration rate of LED lighting. We believe that the price of LED bulbs is gradually decreasing with the phased overcapacity of LED upstream chips and midstream packages and fierce competition in downstream applications. The European Union will completely ban the sale of incandescent lamps in 2012, and China, the United States, Canada, Australia and other countries will gradually ban the sale of incandescent lamps. The decline in the price of LED bulbs will promote the accelerated application of LED lighting within the scope and enhance the scale of the entire LED market, which will be beneficial to listed companies in the entire LED industry chain.