Thu, 29 Mar 2012 10:28:23 GMT , from
Independence LED lighting, LLC has announced that its 2011 LED Tube sales grew nearly 300% from 2010, on account of the shift in manufacturing from China to America.
There are huge opportunities for LED Market in America. According to the McKinsey & Company Report, the total LED Market in 2010 was $10 Billion and forecasts growth to $54 Billion in 2016, representing a 5.4 fold increase and a Compounded Annual Growth Rate (CAGR) of 32%.
In addition, resources from the U.S. Department of Energy have shown that, there are over 2.3 Billion fluorescent tubes in America. Approximately America needs 600 Million fluorescent tubes each year. The LED Tube subset of the overall LED market is forecasted to increase at a dramatic average annual growth rate of 75% from 2011 to 2016, according to ElectroniCast.
And Independence LED's 300% increase in sales is well above the industry average. Charlie Szoradi – Independence LED, Founder and Chairman, has pointed out that " We credit our growth and leadership position to five key factors: Our Shift in Manufacturing from China to America, Thermal Management, UL Classification, Reseller Support, and the overall Recession that has forced Owners and Managers to look harder at their operating costs."
According to the company, firstly, in the summer of 2010, its manufacturing moved from China to Boyertown, PA and now produces LED Tubes with domestic and imported components.
Secondly, heat is the enemy of the Light Emitting Diode, and Independence LED has superior Thermal Management over imported LED Tubes. This is accomplished with the External Driver, Deep Fin Heat Sink, Surface Mounted Diodes, and -conductive Printed Circuit Boards.
Thirdly, its LED secured the Underwriters Laboratories (UL) Classification on its entire system of linear Lighting rather than just the components.
For Manufacturer Reps and Distributors, Independence LED has hosted numerous LED Boot Camps over the years to support the "Solution" Selling approach to high performance lighting with ROI Calculators and a host of support files.
Finally, the global economic downturn has forced property owners and managers to look harder at their operating costs, creating opportunities for LED Tubes to provide welcomed savings of 50% over fluorescent equivalents.