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The latest research data of the High-tech LED Industry Research Institute (GLII) shows that in 2014, the price of LED bulbs in China continued to keep a downward trend. In the first quarter, the average price of LED bulbs decreased by 5.52 month-on-month and decreased by 23.06 year-on-year. The decline was slower than that in the fourth quarter of 2013.
Data range: Select the mainstream brand LED bulbs sold in mainland China.
Model: Select the main model of the mainstream brand 3W, 5W bulbs;
Price: The price data involved is the average price of distributors across the country, and the price data does not include the special product data launched.
Quarterly prices continue to fall. The latest research data from the High-tech LED Industry Research Institute (GLII) shows that the price of China's LED bulbs fell by more than 20 in the first quarter of 2014, continuing to maintain a rapid decline. GLII believes that the main reasons for the continued decline in LED bulb prices are:
On the one hand, technological advances have led to a continuous decline in the production costs of LED bulbs.
On the other hand, fierce market competition has made price wars an important means of competition for enterprises.
GLII statistics show that although the price of bulbs is declining, since 2013, the average price of LED bulbs has been slowing down quarter by quarter and month-on-month.