ForceField Energy was recently highlighted in a Wall St. Cheat Sheet article titled, “3 Compelling Investment Ideas in LED Lighting Industry,” in which author Tom Meyer takes a look at three players in the rapidly growing LED lighting market.
“As investors look ahead to the future, one industry that may be on the cusp of exponential growth is LED (light emitting diode) lighting,” writes Meyers. “One of the main reasons why I expect to see significant growth in this area is because LED technology offers significant advantages over other types of lighting, such as incandescent and fluorescent. Those advantages include extended life cycles, lower cost, and enhanced efficiency.”
Read the full article here: http://wallstcheatsheet.com/stocks/3-compelling-investment-ideas-in-led-lighting-industry.html/
The article highlights ForceField Energy’s focus on two key areas of the renewable energy market: LED lighting and waste heat recovery.
The LED lighting segment is expected to achieve significant growth in upcoming years as more and more companies switch their lighting systems to LED lighting – as Meyers writes in the article, the replacement cost of lighting fixtures is expected to top $1 trillion worldwide.
ForceField’s strategy is to focus on high return-on-investment (ROI) products for commercial, industrial, and institutional use, as well as attract customers that will undertake an ongoing LED roll-out over several years with large and continuous volumes. By utilizing its unique marketing strategy, Meyers believes the company is positioned to secure a solid foothold in the industry.
Through its 51-percent stake in TransPacific Energy, ForceField also operates in the waste heat recovery market. TransPacific is a renewable energy provider that uses “waste heat” from various manufacturing and other sources to provide clean electricity.
In his conclusion, Meyers notes ForceField’s recent upgrade to the NASDAQ exchange from the OTCBB, the overall energy market, as well as his expectation that the company is positioned with the resources and marketability to achieve revenue growth.
“Electricity demand is expected to double by 2030 and the Internal Energy Agency expects that roughly $11 trillion will be spent on building out energy infrastructure by that time,” writes Meyers. “Of this large market, the renewable energy market is estimated to be approximately $500 billion. Given its strong foothold within the industry, ForceField Energy should be able to capture significant gains over the coming years.”
Forcefield was named alongside Cree, Inc. (CREE) and Revolution Technologies (RVLT).
For more information, visit www.forcefieldenergy.com
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