U.S. Government To Support LED Efforts To Increase

LED lighting

2014, the United States and Europe will gradually disable 40W-60W incandescent bulbs. This policy has resulted in LED lighting products have the opportunity to be more widely used, and stimulate the global LED lighting manufacturers to speed up production and further improve LED lighting penetration.


Right now the U.S. government is gradually increasing the intensity of the LED lighting support, through increased with the "Energy Star" certification of lighting products subsidies, prompting price drop of LED lamps. U.S. "Energy Star" program was introduced in 1992, aims to guide consumers to choose energy-efficient products. Purchase "Energy Star" products, consumers will enjoy the project to be tax cuts or direct subsidies and other benefits.
In this context, the U.S. production of Commerce sharp LED (CREE) and other companies are very positive about the development of LED lighting market in 2014, and sales are expected to grow alternative lighting will become the next focus and momentum.

Cree is the largest LED manufacturers, founded in 1987, 1993 and listed on the Nasdaq Stock Market. Its lighting products in a unique and advanced materials technology white technology industry in a leading position in the world. Cree will be released on Jan. 21 quarterly earnings report, the company expects demand for LED lighting by strong boost on-quarter revenue will increase to 4-4.2 billion, an increase of 24%, gross margin reached 38%, compared with increased by 1.8 percentage points from a year ago. Cree stock price over the past year has risen 85%, the current market value of $ 7.5 billion.

In the relatively mature markets of Europe, although no large-scale LED industry subsidies, but the local high tariffs, making commercial lighting and outdoor architectural lighting applications scenarios there is a continuing demand. Industry insiders estimate that in the coming years with a comprehensive ban incandescent policies affect the fermentation, the market will continue to show steady growth.

Europe's leading LED lighting company headquartered in Munich, Germany, including Osram (OSRAM). The company was a wholly owned subsidiary of Siemens, Siemens in July last year to leave the system of independent development, and its products are widely used in public places, offices, factories, household and automotive lighting in all areas. The company's shares listed in Frankfurt rose by 94 percent over the past year.