Will LED tube prices continue to go down?
Will LED tube prices continue to go down? The price of led tube depends on its material composition. In recent years, the material has been declining and the profit margin is getting lower and lower, which has a greater impact on the industry. Some manufacturers have increased difficulty in operating, and some even left the industry because of no profit. Figure. Due to the further impact of low-end glass LED tubes, the quality of low-end LED tubes is inferior to mid-to-high-end aluminum-plastic LED tubes, and the actual price of LED tubes does not change much.
Looking forward to 2016, the price of LED tubes will continue to fall. In 2016, the price/performance ratio of LED tubes (lm/$) will increase by at least 30%. If relevant industry players cannot continue to upgrade their technology, they will have to cut prices. In the second half of 2015, the cost-effectiveness of LED tube components is about 1,000lm/US$0.2. The 2016 target will be 0.1x US dollars. It is estimated that the threshold of 0.15 US dollars in the second quarter of 2016 should be no problem. When the cost-effectiveness of LED tube components reaches 1000lm/US$0.15, the price of LED tubes should be close to the bottom, and there is limited room for future decline. Compared with the past annual price drop of LED components by 60~70%, the future drop of about 30% will be significantly reduced. After the price of LED tubes hits the bottom, the next step for the industry is to launch personalized products to enhance product value.
There should still be a great opportunity for development in 2016. It is estimated that the overall LED tube shipment growth will be 30-40%. Under the influence of the average price drop, the LED tube lighting market output value will reach about 10% growth performance. The average wholesale price of global LED tubes ranges from US$1.2 to US$7.0, which is equivalent to a retail price of US$2.4 to 15.0. The price of led tubes in the U.S. market is about US$5~10, and the retail price is equivalent to US$15~20. In the Chinese mainland market, the price of low-end retail LED tubes is about RMB10~20, which is still higher than the retail price in the same period in 2015. 25~40 yuan, the price of led lamps fell sharply in 2015, which is related to the lower cost of the supply of low-end glass led lamps. However, the price of high-quality LED tubes has a limited decline. It is expected that the price of ordinary low-end LED tubes will still have a certain decline in 2016, but the decline should be relatively flat.
