LED lighting prices drop, igniting demand

Recently, the price of LED lighting products has dropped significantly. The price of LED is about 1 times higher than that of fluorescent lamps of the same brightness, and the overpaid cost can be recovered in 2-3 years. If we also consider that the price of LED lamps still maintains a downward trend, and the withdrawal of domestic incandescent lamps in 2016 According to the time line chart, the trend of LED lighting replacing fluorescent lamps and traditional incandescent lamps has been clear. The popularity of LED lighting will be significantly faster than the popularity of fluorescent lamps in the past. It will enter the sales explosion range and the penetration rate will increase rapidly. This is also the main reason why the global market has been pursuing LED recently.