Market Insight

Monthly LED lamp retail price stabilizes at $12.81 in June

July 02, 2018

Paul Bremner Paul Bremner Senior Analyst, Video Surveillance
This product is included in:

Want to learn more?
Have an expert contact you.

Monthly LED lamp retail price stabilizes at $12.81 in June

Global LED lamp retail prices in June were 0.7% higher than in May 2018. Despite this slight increase, the trend line for global ASPs continues downwards, with prices declining at a 16.2% compound annual growth rate (CAGR) over the six year time period from June 2012 to June 2018.

June 2018 saw an average of 73.49 lumens per dollar, a decrease of 0.8% over the May 2018 figure of 74.07. This lumens per dollar figure has increased only 1.6% from the previous high of 72.33 set in October 2017, meanwhile prices have correspondingly decreased by 9.5% over this time period.

The number of lumens per dollar has increased at an 22.2% CAGR from June 2012 to June 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. Product roadmaps for 2835 and 5630 packaged LEDs suggest further lm/W efficiency gains from 2018 to 2020, but slower than previous efficiency gains made from 2014 to 2016 and from 2016 to 2018.

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 June 2018, over 2,000 LED bulb prices were included.

Share facebook Twitter Google Plus Linked In Add This Contact Us