It is anticipated that the price of led light bulbs will continue to fall. The costs of terminal goods have decreased, which is helpful in accelerating the release of demand; nevertheless, for the vendors in the industrial chain, this may imply that there is greater pressure on their profitability. profitability of vendors will there from begin to differentiate, and some vendors who occupy a dominant position in the industrial chain may cuts the pressure brought by virtue of scale effect, etc. advantages; however, there will be part of the manufacturers whose prices fell, which will exacerbate the process of being eliminated as a result of competition. A look at the market for global led bulbs in April reveals that prices have continued to drop, that competition between manufacturers is gradually heating up, and that some of the products that were originally priced at a high level and manufactured by mainstream international lighting manufacturers have had their prices reduced by 10 euros (replace 40w incandescent product). The led light bulb that has replaced the 40w and 60w incandescent lamp has, respectively, come to the lowest price point of 4.1 United States Dollars and 5.7 United States Dollars, while the average price is correspondingly 16.1 United States Dollars and 23.8 United States Dollars. The price drop was more pronounced in European countries. The replacement of 40w items in Britain and Germany saw a reduction of 5.3 percent and 13.2 percent, respectively, while the replacement of 60w products saw a decline of 4.8 percent and 7.3 percent. Prices for the area 40w model that was replaced dropped by 9 percent in China, making them the lowest in the world. A reduction in selling price is a key factor that helps influence and direct demand. We believe that the further intensification of competition was primarily caused by the following: 1. downstream of the terminal needs to pick up even to the good judgment becoming the same, so that more manufacturers join the fray, to an earlier occupation of the market. examples of this include samsung and osram rapidly reducing product prices in the european channels to seize a total ban on incandescent vacated market space. Strong vendors have made efforts to increase the number of pairs of channels in distribution issues, which has resulted in a decrease in the price range for strong brand products. Additionally, the premium space held by some of the original disadvantaged vendors is shrinking, which forced the company to reduce prices even further in order to remain competitive. There has been a recent uptick in the number of foreign businesses giving serious consideration to entering the Chinese market. According to the statistical data provided by npd display search, the chinese led lighting market as a whole will account for 18.7 percent in global demand in 2013, placing it in third place behind only japan and europe regions. In 2014, chinese regional demand will account for 20.2 percent of global demand, which will put it ahead of europe regions. International businesses are paying more attention to the Chinese market. One example of this is the introduction, in May 2013, of philips universal led bulbs to the Chinese market at a product price minimum of around 49 yuan. This helped accelerate the opening of the Chinese market. lighting from Li Sida www.lead-lighting.com is dedicated to producing led lighting that has a more affordable price but is also more secure in comparison to other peers. This led lighting, such as led flood light and tunnel lights, has been accepting and gaining unanimous praise for its excellent quality both in the United States and internationally.
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