From January to June 2014, the output of electric light source in China's lighting electrical industry reached 13.96 billion, and the output of lighting fixtures and installations reached 1.447 billion sets (sets), up 5.2 and 17.25 respectively. Among them, the output of incandescent lamps was 2.045 billion, and the output of fluorescent lamps was 20.82. Billion only, down 9.28 and 12.66 year-on-year, so the output of other electric light sources and lighting products including LED lighting products exceeded 11 billion (sets), a substantial increase. This shows that the proportion of China's LED lighting products in all lighting products in the first half of 2014 is rapidly increasing. In the second quarter, the price of LED lighting products continued to fall, and the market competition became more intense. Filament lamps and intelligent lighting products have become the killers to improve product competitiveness, close to the market and meet the diverse needs of users. While the market penetration rate has increased, production scale, channel construction, technology reserve, brand building and other aspects have become the focus of enterprise competition. According to the price tracking of LED bulbs sold by e-commerce, the price of LED bulbs continued to decrease in the second quarter of 2014. The price per thousand lumens decreased by 28.7 compared with the end of the first quarter, and the price of 3W bulbs decreased by more than 29%. The average price is around RMB 16 yuan, including the price of many big-name products such as Buddha Photo, Op, Qinshang, Zhouming Hanyuan, Firefly, etc., which have come below 20 yuan, and have become a hot-selling product on the Internet.
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