Long-lasting V1

In terms of bulbs, the average retail price of LED bulbs that replaced 40W incandescent lamps rose 1.2% in September to US$6.2; the average retail price of LED bulbs that replaced 60W incandescent lamps rose slightly by 0.7% to US$7.3.

From the perspective of major regions in the world, the United States has been affected by the Sino-US trade friction, and the cost of LED bulbs has risen. Brand manufacturers have begun to increase product prices and pass the burden of tariffs on to consumers. In September, LEDs replaced 40W and 60W incandescent lamps. The average retail price of light bulb products increased by 4.3% and 3.6% respectively. In addition, a variety of smart lighting products have returned to the market at high prices, which also led to an increase in the average price of the US market. Due to the EU legislation banning the sale of halogen lamp series products since September 1 this year, the LED market demand has recovered, and the retail price of LED bulbs has rebounded. The average price of LED bulb products that replace 40W and 60W incandescent lamps has increased by 3.8%. And 3.1%, the prices of LED bulb products of major lighting manufacturers such as Osram and Philips have increased.

In other regions, the prices of LED bulbs that replace 40W and 60W incandescent lamps have remained stable except for South Korea, and the prices of LED bulbs in Japan, China and other regions have been lowered by 0.1%-1.3%.