The huge replacement market for incandescent lamps around the world is about to start. The compound annual growth rate of global lighting output in 2009-2012 is expected to reach 13.9%.
In 2010, the global lighting market of 92.8 billion U.S. dollars was almost 10 times that of the entire LED industry. The alternative lighting caused by the global incandescent lamp cut-off will create huge market demand for energy-saving lamps and LEDs.
Rare earth phosphor prices have risen nearly tenfold this year, and the cost of energy-saving lamps has also risen. Three-color phosphors are the main raw materials for energy-saving lamps. Before the price increase of three-color phosphors, the phosphors accounted for only about 10% of the cost of energy-saving lamps at the beginning of the year, and the current proportion of the cost of such products has increased to nearly 60%. In order to cope with the enormous pressure of rapid increase in costs, energy-saving lamp companies constantly increase product prices and accelerate the transition to LED lighting. The price of rare earth has become an alternative to energy-saving lamps.
The LED industry policy has gradually improved, and the price of LED lighting products has rapidly declined. LED lighting industry as a new energy-saving and environmental protection industry, has always been the country's attention, semiconductor lighting "Twelfth Five-Year Plan" will be introduced in September. At the same time, with the introduction of national standards for LED products, some LED products are expected to receive financial subsidies this year, and industrial lighting and commercial lighting may start in a wide range.
LED lighting industry's preferred target is Hongli Optoelectronics and Ruifeng Optoelectronics. More than 70% of Hongli Opto's products are used in the general lighting field, and have higher and more stable gross margins, and 20% of LED commercial lighting business. Ruifeng Optoelectronics over 50% of its products are LED lighting devices. Secondly, National Star Optoelectronics, Chau Ming Technology, and Alto Electronics were selected. The LED-related lighting business of these companies has a tendency of further growth. The traditional lighting companies with transitional foundations such as Sunshine Lighting, Fei Le Audio and Foshan Lighting are selected.
In 2010, the global lighting market of 92.8 billion U.S. dollars was almost 10 times that of the entire LED industry. The alternative lighting caused by the global incandescent lamp cut-off will create huge market demand for energy-saving lamps and LEDs.
Rare earth phosphor prices have risen nearly tenfold this year, and the cost of energy-saving lamps has also risen. Three-color phosphors are the main raw materials for energy-saving lamps. Before the price increase of three-color phosphors, the phosphors accounted for only about 10% of the cost of energy-saving lamps at the beginning of the year, and the current proportion of the cost of such products has increased to nearly 60%. In order to cope with the enormous pressure of rapid increase in costs, energy-saving lamp companies constantly increase product prices and accelerate the transition to LED lighting. The price of rare earth has become an alternative to energy-saving lamps.
The LED industry policy has gradually improved, and the price of LED lighting products has rapidly declined. LED lighting industry as a new energy-saving and environmental protection industry, has always been the country's attention, semiconductor lighting "Twelfth Five-Year Plan" will be introduced in September. At the same time, with the introduction of national standards for LED products, some LED products are expected to receive financial subsidies this year, and industrial lighting and commercial lighting may start in a wide range.
LED lighting industry's preferred target is Hongli Optoelectronics and Ruifeng Optoelectronics. More than 70% of Hongli Opto's products are used in the general lighting field, and have higher and more stable gross margins, and 20% of LED commercial lighting business. Ruifeng Optoelectronics over 50% of its products are LED lighting devices. Secondly, National Star Optoelectronics, Chau Ming Technology, and Alto Electronics were selected. The LED-related lighting business of these companies has a tendency of further growth. The traditional lighting companies with transitional foundations such as Sunshine Lighting, Fei Le Audio and Foshan Lighting are selected.
E-cig as a substitute of tobacco mainly reminds people of its potential benefits for health. Four ingredients contain in the e-liquid : propylene glycol, glycerin vegetable, nicotine and food grade essence. Nevertheless, smoke from cigarette contains carbon monoxide, tar, arsenic, ammonia, and many other cyanide and acetone.
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