LED bulb prices are expected to drop to $10-20 in 2011

According to Yancey Hai, CEO of Taiwan Delta Electronics (Delta Electronics), in 2011, the cost of LED bulbs may drop from the current 30 US dollars to 10-20 US dollars as production costs will rapidly decline.

YanceyHai said that Delta Electronics plans to expand its LED packaging production line in Dongguan, China to meet the growing demand from Japanese manufacturers for orders.

According to data provided by the market adjustment company GFK, the market share of LED bulbs in the Japanese lighting market has risen from 0.01% in 2009 to 10% in February 2010, and because the Japanese government will adopt a plan to encourage environmental protection The purchase of products, including LED bulbs, is therefore expected to continue to increase LED's market share.

Toshiba has stopped producing incandescent bulbs. In 2015, Panasonic LED lighting business is expected to account for 30% of its total revenue.

Philips pointed out that compared with the current average selling price of LED lighting products, its average selling price will be expected to drop by 10% in the next five to six years. In 2015, the market value of LED lighting industry will surpass the traditional lighting industry. Philips also said that in 2020, LED lighting market share will account for 75% of the total lighting market share.