Demand for LED Lighting to Be a Key Factor in LED Industry's Growth in 2013
Five Star Equities Provides Stock Research on AIXTRON and Cree
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 01/22/13 -- A strong driver for growth within the LED Industry in 2013 is expected to be the demand for LED lighting. Tech newspaper Digitimes has reported that Everlight Chairman Robert Yeh expects the LED lighting penetration rate to reach 25 percent in 2013. Five Star Equities examines the outlook for companies in the Biotech Industry and provides equity research on AIXTRON SE (NASDAQ: AIXG) and Cree, Inc. (NASDAQ: CREE).
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By 2020, the global LED lighting market is projected to grow by 32 percent, according to the Taiwan LED Lighting Industry Alliance. Since 2011, LED lighting sales has experienced a growth rate of 17 percent on average, and in 2013 output is likely to reach $15 billion, the Digitimes reported.
"The trend toward LED lighting for energy efficiency will move more quickly this year than anyone expects, driven by cost declines, regulatory incentives and rapidly increasing consumer awareness," said Jeff Cianci, Green Science Partners' Chief Investment Officer.
Five Star Equities releases regular market updates on the Biotech Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
AIXTRON SE is a leading provider of deposition equipment to the semiconductor industry. The company reported sequential growth in third quarter orders and revenues of 15 percent and 35 percent, respectively. "We are clearly getting closer to the start of the third major LED investment cycle, namely for LED general lighting. It is not a question of 'if' this substantial market arrives; it is only a question of 'when,'" said Paul Hyland, President & CEO, in their most recent earnings release.
Cree is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, mercury-free LED lighting. The company recently introduced their new XSP Series LED Streetlight, which delivers a 35 percent performance increase.
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Datum: 22.01.2013 - 13:20 Uhr
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