LED products market size continues to expand, is the price of LED spotlights suppliers to the range of 20% per year decline. “Yu Ning report said more than 400 yuan, three years ago, an LED lamp, and now the prices have been hit more than 50% off.
According to statistics, the upstream chip technology upgrading and rapid price decline in downstream LED lighting products, cost-effective upgrade is fast, LED industry is a reasonable direction. China LED interior lighting products production last year, an increase of 75 percent, prices fell by 22%; output value reached 18.6 billion yuan, an increase of 38%.
The data show that the benefit from government support, and prices fell this year, China’s LED interior lighting output will reach 30.6 billion yuan, an increase of 64%; in 2015 will reach 99.3 billion yuan over the next four years, indoor lighting production value more than 50 percent compound annual growth rate to reach 52%.
With prices falling, the LED spotlights suppliers are increasingly competitive. In front of the same price products, companies began to seek more energy-efficient lighting products more durable. “Once frequented by low-cost LED products in the lighting market brands less and less.” One industry source, a few years ago, sales of LED lighting products for SMEs increasingly untenable with. “SMEs do not have the packaging capacity of their products is ‘save’ the quality can not be guaranteed, not to mention the after-sales service of the.
Today, LED spotlights suppliers to meet industry trends, with greater strength in the field of product quality improvement and service. “In addition to the traditional after-sales service, we can provide customers with more targeted overall solution. Expensive LED high bay products, we can also provide rental service of the product.” Yellow glistening Germany report said.