Cree optimistic about the 2011 LED lighting market

Recently, LED lighting manufacturers Cree Hongkong official pointed out that "many customers return with our order of 2011 almost all multiples of growth! Show the 2011 LED lighting market is very optimistic.

He introduced Cree in the global number of city promotion LEDCity project achievements, this project has been in more than one city in North America, Europe, India, Japan and other countries and China. Cree Walmart 650 stores in the United States installed LED lamps, compared with ceramic metal halide lamps, energy saving up to 82%, North America's McDonald's LED lighting, electricity saving efficiency of up to 78%.

In 2010 the global LED lighting market share reached 5%, accounting for 2012 will exceed 10%, in the past, decline in value of the product model, new product market share exceeded 13.5% after the introduction of new products will dramatically grow, other manufacturers forecast to 2015, LED lighting market share will reach 50%.