An oversupply of light emitting diodes (LEDs) has led to average selling prices of lighting products to slump 30 to 40 percent this year.

That’s according to a report from Trendforce, with analyst Roger Chu saying: “Growing numbers of manufacturers have incurred heavy losses and are exiting the market.”

There is still strong demand for high brightness LEDs, but Chu said the value of the market is up by only two percent this year, amounting to $14.52 billion.

According to our analysis of the market, a number of businesses to provide inferior products will soon be out of the market, overall, LED prices will gradually rise to a normal price range.According to our analysis of the market, a number of businesses to provide inferior products will soon be out of the market, overall, LED prices will gradually rise to a normal price range.According to our analysis of the market, a number of businesses to provide inferior products will soon be out of the market, overall, LED prices will gradually rise to a normal price range.He estimates that it will be worth $14.95 billion in 2016, a rise of only three percent, year on year.

LED based lights are under “immense downward price pressure”.

However, Chu expects the big price declines to moderate next year. This year, the cost of sales to make an LED light bulb, for example, is the same as its cost.

He said that Chinese LED manufacturers are likely to make serious acquisitions, picking up international LED patents and lighting brands.

As prices continue to fall, Chu said buying an LED is close to the cost of “traditional” energy saving bulbs.

                                                                                                                                                                   ------By Mike Magee

Yes. This year is hard period of LED manufacturer. But we TrutecLED believe that the high and stable quality would keep our clients stay. Our price are stable in this year. Many clients tell us that some company offer a better price, your price are double higher! We were answer: Yes, their price may lower. But they'll never provide the products like us do.

TrutecLED can drop our lights totally into water over 7 hours.

TrutecLED are using high quality materials to make sure the lights are durable and with the longest lifespane: Such as we use 304 grade stainless steel screws so our lights also suitable for marin, shipping and boating. Also, TrutecLED light bars are more heavier than the light bars you've buy from others, because we are using 6061 Aluminum housing for better heat sink.

TrutecLED light bars are with lowest light decay in the second year.  Many clients tell us our lights are as bright as they just brought from us after the second year.

TrutecLED Keeping Simple and generous design to make sure the light bars with the best heat sink. Some clients some times ask me: Why you don't produce a light bar like xxx, looks cool. It's hard for me to answer this question. Honestly, Yes, their design is cool. But the questions is , if you keep this light bar keep working over 12 hours, over 24 hours, would it still work? 

TrutecLED prviding 2 years, 5 years, and lifespan warranty for different goods.  These lighit bars are expensive when end buyer buy from the shops, So the end buyers must want the light bars to keep a long lifespan, better could work until change a new car. So we doing our best always improving our technology and machines to produce a better LED light bars. Our OEM clients like our stable and high quality standard and keep working with us since they try from us.

We know some small factory and trading company offer in a price far lower than our production cost to many buyers aborad. They are using low quality materials, some light bar even without a screw! These light bars can not work under rain, and can't suitable for off-road. But many personal or small company would like to choose them because they can provide more lower price.

According to our analysis of the market, a number of businesses to provide inferior products will soon be out of the market, overall, LED prices will gradually rise to a normal price range.