Market Insight

Quarter-on-quarter LED lamp retail price stablizes at $14.44

April 05, 2018

Paul Bremner Paul Bremner Senior Analyst, Video Surveillance
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Quarter-on-quarter LED lamp retail price stablizes at $14.44

Global LED lamp retail prices in March were 4.2% lower than in February 2018. This decrease brings global ASPs to a level that is still 1.1% higher than prices were in October 2017. Prices have declined at a -12.8% CAGR (compound annual growth rate) from March 2013 to March 2018.

March 2018 saw an average of 64.35 lumens per dollar, an increase of 2.9% over the February 2018 figure of 62.50. This lumens per dollar figure has fallen from an October 2017 high of 72.33, a 11.0% decline, as prices have correspondingly increased 1.1% over this time period.

The number of lumens per dollar has increased at an 19.2% CAGR from March 2013 to March 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. At the packaged LED level, efficiency gains continue to be driven by improvements in epitaxy, die and narrower converter technologies.

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 March 2018, over 1,450 LED bulb prices were included.

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