Global LED lighting prices go down, the manufacturer whether to redesign the city
LED lighting market benefit from LED technology progress, continue to expand the size of the market, according to dramexchange consultation LED research center ( LEDinside) The latest research data, the LED lighting market scale will come to $33. 3 billion in 2019, LED lighting permeability will from 22% in 2017, in 2019 to 63%. International lighting factory in recent years, however, has been withdrawn from the general LED lighting market, GE wants to sell its lighting business plans have previously came a new development, and osram after sell LEDVANCE to wood Tomlinson group, recently announced it would sell its lamps and lanterns again, but including ronda, east bay and other machine factory in recent years are also reduce the proportion of general LED lighting products. General LED lighting the continued growth of the exiting market has sparked a global manufacturers, and again raising market reshuffle, the key, you must first from the general LED lighting products price. The early development of LED lighting market, attracting a large number of enterprise investment and competition, coupled with the progress of technology, the LED to reduce the production cost. In cost reduction with competitors all the cases, lead to price competition is intense, product prices fell sharply, general LED lighting products from seven years ago, an equivalent of 60 watts of the LED bulb price is the price of five times can see sharp price decline, and the manufacturer's profit. LEDinside since the early development of LED lighting market is beginning to track the market price information, according to the historical data of LEDinside, with an equivalent of 60 watts of the LED bulb price, this price is about 45 - when in January 2011 $50 a, by July 2018, the price has fallen to less than $10. In addition, the LED lighting brand with suppliers in addition to face continued downward pressure on prices, since this year sino-us trade war continue to spread, and even spread to the LED industry, LED to the manufacturers to buy mainland export LED components could be taxed, a trade war with China bring uncertainty for industry, will lead to more manufacturers to rethink its LED lighting market layout policy, also is worth to wait and see. Outdoor lighting professional solar street lamp manufacturers, technical quality as the core competitiveness, if you are interested in outdoor lighting project or have any questions, welcome to click, welcomed the call
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