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Data range: Select the mainstream brand LED bulbs sold in mainland China.
Model: Select the main model of the mainstream brand 3W, 5W bulbs;
Price: The price data involved is the average price of distributors across the country, and the price data does not include the special product data launched.
Quarterly prices continue to fall
According to the latest research data of the High-tech LED Industry Research Institute (GLII), the price of LED bulbs in China in the first quarter of 2014 decreased by more than 20% year-on-year, and continued to maintain a rapid decline. GLII believes that the main reasons for the continued decline in LED bulb prices are:
On the one hand, technological advances have led to a continuous decline in the production costs of LED bulbs.
On the other hand, fierce market competition has made "price war" an important means of competition for enterprises. 
GLII statistics show that although the price of bulbs is declining, since 2013, the average price of LED bulbs has been slowing down quarter by quarter and month-on-month.
Main brand price
From the perspective of the price of major brand products, except for Snow Wright, the prices of other brands' 3W bulbs declined in March compared with the previous month. Among them, the prices of Philips, Sunshine and Mulinsen products dropped by a large margin, with a drop of more than 10%. From October 2013 to March 2014, the average price of the top 10 domestic brands 3W bulbs decreased month by month, and the average price in March fell by 11.6% from the price of six months ago. 
From the unit price point of view, in March, the lowest unit price of 3W bulbs has fallen below the 15 yuan mark, the average domestic retail price of Mulinsen and Buddha Photo 3W bulbs has been around 14 yuan, while in Foshan Lighting Tmall official flagship store The price of 3W bulbs is less than 10 yuan, only 9 yuan / month. At present, the ex-factory price of some manufacturers of 3W bulbs has dropped to 3-5 yuan, and the price of 3W bulbs is expected to decline further in the future, but at the same time, the space for its decline will gradually shrink.
In March, except for Snow Wright, the prices of other brands' 5W bulbs were lower than those of the previous month. Among them, Philips, Sunshine and Changfang had larger declines, with a drop of more than 10%. From October 2013 to March 2014, the average price of the top 10 domestic brands of 5W bulbs decreased month by month, and the average price in March fell by 12% from the price of six months ago. 
GLII: bulb prices continue to fall in the first quarter
[Source: "High-tech LED" magazine May issue (total 53) text / GLII] The latest research data of the High-tech LED Industry Research Institute (GLII) shows that in 2014, the price of LED bulbs in China continued to keep a downward trend. . In the first quarter, the average price of LED bulbs decreased by 5.52% from the previous month and decreased by 23.06% year-on-year. The decline was slower than that in the fourth quarter of 2013.