The LED Lighting Industry Has Witnessed A Concentrated Wave of Price Increases Driven by Costs at The Beginning of 2026

Since December 2025, several LED lighting companies have successively issued notices announcing official product price increases effective January 1, 2026. Companies leading the price hikes include Mayalit·Maya, the professional museum lighting brand under Cideon Lighting, Foshan Hui'ang Optoelectronic Technology Co., Ltd., Zhongshan Weilai Lighting Co., Ltd., Zhongshan Hongshuo Optoelectronic Technology Co., Ltd. (raising solar panel prices), and Shenzhen Ming'an Optoelectronic Technology Co., Ltd., among others. The core driver of this round of price increases is the continuous rise in the prices of key raw materials. For instance, copper prices have exceeded 94,000 yuan per ton, while prices for materials like aluminum, iron, tin, ABS plastic, and battery cells have also risen significantly, leading to a sharp increase in production costs for enterprises.

It is noteworthy that the enterprises leading this round of price adjustments are primarily small and medium-sized enterprises (SMEs). This reflects that under supply chain fluctuations and cost pressures, SMEs with relatively weaker risk resistance are already feeling significant operational pressure. Industry analysis suggests this indicates the LED lighting industry is undergoing structural adjustment. A company's resource integration capability, supply chain bargaining power, and the level of product added value will directly impact its pricing resilience and market survival space.

This price increase occurs against the backdrop of continued growth in the outdoor lighting market. For example, the global camping lights and lanterns market is forecasted to grow by USD 95.4 million during 2024-2029. Concurrently, the solar lighting industry is undergoing a critical transition from a "red ocean" of price competition to a "blue ocean" of value, with user demand evolving from basic "illumination" to the pursuit of reliable, intelligent, and maintenance-free systems. Therefore, facing cost pressures, enterprises need not only short-term price adjustments but also must build long-term resilience through technological innovation and enhancing product added value and solution service capabilities, driving the industry's shift towards high-quality development.