Trade Resources Industry Views LED Price Drops in Three Years

LED Price Drops in Three Years

According to Bloomberg reported that Silicon Valley venture capital firms Vantage Point Capital Partners speculated that the growth of demand for energy-efficient lighting condition, LED price drops in three years, CEO AlanSalzman even estimates that the 2015 decline may be as high as 90%.

AlanSalzman said, LED current price per lumen (lumen, calculate the luminous flux unit, the watt incandescent bulbs with different) $ 0.01, will be the end of 2012 fell to $ 0.0025, while the 2015 will be down to $ 0.001 per lumen.

Europe is phasing out incandescent bulbs, the United States is pushing for 100-watt light bulb in 2012, the program disappeared, these factors are expected to make the LED manufacturers in the $ 40 billion a year global lighting market, grabbing a larger market share.

At present GE and Philips and other bulb manufacturers have produced LED lamp. In addition, Salzman also noted that some are developing low-cost LED products-ups, are also expected to win a place.

Salzman said LED in its infancy, and quality products are still not yet available. LED products currently account for general lighting applications less than 1%, but 5 years is expected to exceed 50%. However, institutional investors such as Pacific Crest Securities analyst Ben Schuman and so the odds are and Salzman, Salzman predicted that the situation will happen later. Schuman said that although the market for LED products in the consumer market, a more optimistic attitude towards the situation, but it appears to be industrial and outdoor market, will be in commercial and home markets.

Vantage Point has assisted the U. S. electric car manufacturers Tesla Motors company is listed, the former in clean energy technology industry’s investments totaled about $ 750 million, including manufacturing of LED bulb U. S. Switch Bulb, Bridgelux, Taiwan Canton Ga optical and Sweden GLO company.
 

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LED lighting prices will fall 90%
Topics: Lighting