Market Insight

Quarterly LED lamp retail price declines slow to -3.8%

March 08, 2018

Paul Bremner Paul Bremner Senior Analyst, Video Surveillance
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Quarterly LED lamp retail price declines slow to -3.8%

Global LED lamp retail prices in February were 6.3% higher than in January 2018. This increase brings global ASPs to a level only -0.9% lower than prices were in September 2017. Prices have declined at a -12.7% CAGR (compound annual growth rate) from February 2013 to February 2018.

February 2018 saw an average of 62.51 lumens per dollar, a small increase of 0.3% over the January 2018 figure of 62.33.This lumens per dollar figure has fallen from an October 2017 high of 72.33, a 13.6% decline, as prices have correspondingly increased 5.5% over this time period.

The number of lumens per dollar has increased at an 18.4% CAGR from February 2013 to February 2018. IHS Markit expects this will continue to increase, at a slowing pace, 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 February 2018, over 1,500 LED bulb prices were included.

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