Market Insight

Monthly LED lamp retail price remains stable at $12.82 in July

August 10, 2018

Paul Bremner Paul Bremner Senior Analyst, Video Surveillance
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Monthly LED lamp retail price remains stable at $12.82 in July

Global LED lamp retail prices in July were 0.1% higher than in June 2018. Despite this slight increase, the trend line for global ASPs continues downwards, with prices declining at a 14.0% compound annual growth rate (CAGR) over the six year time period from July 2012 to July 2018.

July 2018 saw an average of 73.59 lumens per dollar, an increase of 0.1% over the June 2018 figure of 73.49. This lumens per dollar figure has increased only 1.7% 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 19.1% CAGR from July 2012 to July 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 July 2018, over 2,000 LED bulb prices were included.

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