Market Insight

Monthly LED lamp retail price declines increase in April

April 30, 2018

Paul Bremner Paul Bremner Senior Analyst, Video Surveillance
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Monthly LED lamp retail price declines increase in April

Global LED lamp retail prices in April were 8.1% lower than in March 2018. This decrease brings global ASPs to back to the declining trend line they have been on since this price tracker began six years ago, with prices declining at a 14% compound annual growth rate (CAGR) over that time period.

April 2018 saw an average of 73.18 lumens per dollar, an increase of 13.7% over the March 2018 figure of 64.35. This lumens per dollar figure has increased only 1.2% from the previous high of 72.33 set in October 2017, meanwhile prices have correspondingly decreased by 7.1% over this time period.

The number of lumens per dollar has increased at an 22.2% CAGR from April 2013 to April 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 April 2018, over 1,850 LED bulb prices were included.

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