Market Insight

Quarterly LED lamp retail prices decline 6.8%

February 13, 2018

Paul Bremner Paul Bremner Senior Analyst, Video Surveillance
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Quarterly LED lamp retail prices decline 6.8%

Global LED lamp retail prices in January were 0.2% lower than in December 2017. This fall is in line with the longer term trend of declining LED lamp retail prices. Prices have declined at a -15.2% CAGR (compound annual growth rate) from January 2013 to January 2018.

January 2018 saw an average of 63.48 lumens per dollar, a modest decrease of -2.9% over the December 2017 figure of 65.35.This lumens per dollar figure decreased at a higher rate than prices fell month-on-month, suggesting that efficiency gains in LED retail lamps are increasing at a faster rate than prices are declining.

The number of lumens per dollar has increased at an 19.5% CAGR from January 2013 to January 2018. IHS Markit expects this will continue to increase in the coming months as LED efficiency increases feed through to the retail lamps sold.

Full details can be found in the latest issue of the LED Lamp Retail Price Tracker as part of the Lighting Intelligence Service.

About the LED Lamp Retail Price Tracker

The IHS Markit LED Lamp Retail Price Tracker has been running monthly since September 2011. The tracker scrapes a variety of data from a select list of retailers across twelve different countries.

This data includes:

  • Price
  • Lumen output
  • Brand
  • Color temperature
  • Shape
  • CRI
  • Base
  • Dimming capability
  • Replacement type
  • Life (hours)
  • Actual wattage

 

The IHS Markit LED Lamp Retail Price Tracker uses a select list of twenty-nine retailers. In January 2018, over 1.900 LED bulb prices were included.

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