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Filament lamp market is very competitive

  • Author:Innotech
  • Source:Innolite
  • Release on :2018-05-15
In the increasingly fierce competition in the global lighting market, product differentiation has become an inevitable direction of the background, because the dimmable LED Filament light Bulbs has the advantages of traditional incandescent lamp shape and full-angle light, high color rendering, high luminous efficiency, has received wide attention in recent years.

According to the data from the Institute of Advanced Industrial Science and Technology (GGII), in 2015, the global sales of filament lamps exceeded 70 million. In 2016, the global sales of Vintage LED Filament bulbs exceeded 200 million. In 2017, the total market capacity of LED filament lamps was 4-5. Billion only. GGII expects that the global LED filament lamp market will maintain rapid growth by 2020.
It is noteworthy that filament lamps are still relatively popular in the European market, and most of the new products recently launched by manufacturers are filament lamps. In place of the 40-watt segment, prices in the UK rose by 1.7% in March. OSRAM launched three new products, including two filament lamps. In other regions, the average price increases in Germany, the United States, and Japan were all around 1%, while prices in South Korea, China, and China Taiwan remained stable.

In view of the increasing demand for Economic LED Filament light in the global market, more and more companies are participating in the filament lamp industry. According to the observation of Gaogong LED, domestic LED manufacturers Mulinsen, Hongli Zhihui, Guoxing Optoelectronics, Debang Lighting, Sunlight Lighting, Xingguang Bao, Guangmingyuan, Liansun Optoelectronics, Champion Lighting, Stellar Gaohong, Yapuer, etc. Layout of LED filament lamp segmentation areas, and successfully occupied a certain market share.

In April 2017, Mulinsen announced that the company plans to build a new LED filament lamp production base in Zhejiang Yiwu Industrial Park. The project design capacity is 229.17 million pieces per year, with a total investment of 1286.8621 million yuan. In the 2017 annual performance online briefing session, Ms. Sun Qinghuan, chairman of Mulinsen, said that the company will increase the production of OEM products, leveraging on the popularity of filament lamps and LED lamps to open up overseas markets.