2012-03-28

American Independence LED Benefits from LED Tubes Market Share over Chinese Imports

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 5.4X 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 flu...
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In January 2025, certain automotive LEDs manufactured by Malaysia-based LED manufacturer Dominant Opto Technologies Sdn. Bhd. ("Dominant") were recalled from a distributor pursuant to a patent infringement lawsuit filed by Nichia Cor... READ MORE