LED lighting market prices lower

　　After years of rapid development , LED market demand has been fully released. According to relevant statistics, in 2012 China LED lighting market size more than 105 billion yuan , an increase of more than 42% , the next two years, mainland China LED lighting market will maintain a growth rate of over 30% .

　　Favorable market driven and capital support , LED companies are expanding production scale , in order to occupy more market share. With the growing scale fermentation, the cost price of LED products are gradually reduced.

　　According to Engineering LED Industry Institute (GLII) statistics show that the first quarter of 2013 LED bulb price average decrease of 10.9%, LED fluorescent tube prices continue to decrease , the average price decrease of 12%.

　　Reporters on the market survey found that the minimum selling price of less than 3W Bulb 5.3 yuan / only , 5W bulb minimum selling price has exceeded 7.5 yuan / only. Because 3W, 5W LED bulb series in the domestic market share of more than 53% , the price declines to a certain extent a direct impact on the overall price of LED bulb .