Average retail prices for LED light bulbs equivalent to 40W and 60W incandescent ones in the Japan market stood at JPY1,717 (US$17.2) and JPY2,468 respectively in October, slipping on month by 3.2% and 3.7% respectively, according to Digitimes Research.

October average retail prices for 40W- and 60W-equivalent LED light bulbs in other markets are as follows: US$21.40 (up 1.9% on month) and US$24 (down 10.1%) in the US; EUR14 (US$18.70, down 3.4%) and EUR17.60 (down 0.6%) in Europe; KRW15,157 (US$14.1, up 3.1%) and KRW15,685 (up 5%) in Korea, Digitimes Research indicated.

In the China market, October average retail price for 7W LED light bulbs stood at CNY43.8 (US$7.2, up 1.9%) and CNY55.4 (down 0.4%) for 9W ones.

LG 40W-equivalent LED light bulbs and Samsung 60W-equivalent models for sale in the US market had the highest average lumen-price ratio of 77.6lm/US$ and 72.7lm/US$ respectively in October. In terms of luminous efficiency, Sharp 40W-equivalent LED light bulbs and Toshiba 60W-equivalent models available in the Japan market had the highest average level of 75.6lm/W and 92.5lm/W respectively.

This article is an excerpt from a Chinese-language Digitimes Research report. Click here if you are interested in receiving more information about the content and price of a translated version of the full report.