Led Lighting Price Trend Analysis
Jul 27, 2022
First-line manufacturers actively launch new products, and intelligent lighting is the future product trend
It is understood that although the global LED bulb price is falling steadily, each first-tier brand manufacturer is also pursuing performance improvement. At present in the North American market, 90% of brand light bulbs have a dimming function; 70% of the products are completely round bulbs. Most of the new products launched in the European market have full-term features.
The improvement of cost performance of first-line brand products will promote the accelerated standardization and integration of the regional market, and intelligent lighting will become one of the main development trends of lighting products in the future. At this stage, the market price and consumer acceptance of smart bulbs are still the key factors hindering product adoption. Therefore, how to achieve the balance between performance and price is also the problem that every line lighting manufacturer needs to solve.
