LED light bulb prices dropped by 2%-6%

LEDinside’s recent price survey, targeting the warm white LED light bulbs in global major markets as replacements for traditional 40W and 60W incandescent bulbs, indicates that the ASP of LED light bulb for 40W incandescent light replacement declined to USD 24 with a 2% drop compared to June.

The ASP of LED light for 60W incandescent light replacement plunged to USD 45 with a 6% decrease.

LEDinside points out that in regard to prices in July, the European market underwent the most prominent setback, averaging a double-digit price decline. In addition to fluctuations in the currency exchange rates and mild price adjustments by major brand vendors, the drastic price downturn can be mostly attributed to the effects caused by second-tier manufacturers’ new products.

The Japanese market suffered the second largest decline (a 5% drop in LED light bulb ASP), with the American market in a close third. As for the South Korean market, the LED light bulb price remained steady.

- Advertisement -
Loading form…

Industry's Buzz

thyssenkrupp

Thyssenkrupp Automotive Launches Pune GCC

0
The German mobility giant expands its Indian engineering footprint with a new hub dedicated to software-defined vehicles and advanced chassis systems. Thyssenkrupp Automotive Technology has...

Micron Introduces Global Profit-Linked Bonus Scheme from FY27

0
The US memory-chip giant acts following trade union pressure in Taiwan to share record gains from the artificial intelligence boom.  US memory-chip manufacturer Micron Technology...
FICCI

FICCI Identifies Electronics as a Priority for India–Germany Cooperation

0
FICCI identifies electronics and advanced manufacturing as key areas for German investment in India, with potential for stronger manufacturing partnerships and integrated supply chains...
APT Electronics

APT Electronics Outsources Two Automotive Vision Operations to Geely

0
APT Electronics plans to extend its automotive vision supply agreements with Geely through 2029 and outsource operations at two subsidiaries to improve efficiency, product...

US Allocates $389M in R&D Grants for Power Semiconductors

0
Federal funding targets four technology firms to advance next-generation semiconductor materials and fusion power applications. The US Commerce Department has announced plans to award $389...

Learn From Leaders

Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

0
In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

Startups

Pranay Rebala, Vice President of Product, BluJ Aerospace

“Rather Than Waiting For The Technology To Mature, We Are Ready For The Next...

0
Can battery-electric and hydrogen propulsion coexist in future VTOL aircraft? BluJ Aerospace sees complementary roles for both, with batteries powering shorter-range flights and hydrogen...

UST Selects 19 Startups for D3 Startup Challenge 2026 in Bengaluru

0
The programme is designed to identify technologies that address business challenges, assess their practical applications and determine their potential to scale UST, an AI and...

Compcarta Reduces The Cost And Complexity Of End-To-End Chip Design

0
Building a chip should not require assembling an entire design ecosystem. A Noida-based startup is developing a browser-based EDA platform that aims to reduce...

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...