ForceField Energy, a
designer, seller, and distributor of energy products and solutions, has emerged
as a leading participant in the global LED lighting market, which is expected
to reach $25.8 billion in 2014, according to Digitimes Research. From city
street lights to tennis court illumination, LED lighting applications are
expanding into every industry. Even Ford Motors is jumping on the bandwagon,
recently reporting that its 2015 Ford F-150 truck will feature LED headlights.
Growth in the LED market is
driven by a variety of factors, including lower energy usage (10W compared to
incandescent energy use of 60W, 42W with halogen, and 13W with fluorescent) and
longer lifespan (40,000 hours compared to 2,000 with incandescent bulbs, 3,500
with halogen, and 8,000 with fluorescent), resulting in considerable energy
cost savings. LED lights are also mercury-free and because of rigid support of
internal parts are mechanically robust, making them resistant to vibration and
impact, whereas most artificial light sources are highly fragile.
To capitalize on growing
demand and market opportunity, the ForceField has developed a product portfolio
that ranges from illumination LED lighting to LED video display systems and
architectural LED lighting, as well as products for consumer use. ForceField’s
portfolio is further enhanced by a series of design and utility patents, as
well as various certifications and qualifications.
Production of the ForceField
Energy’s products is conducted by Shanghai Lightsky Optoelectronics Technology
Co. located in Shanghai. The factory supply chain consists of production line,
aging line, testing line, packaging, and shipment. ForceField Energy also has a
fully functioning factory where customers can come research all product lines
and view the full-production process.
Industry experts forecast
that within the next 5-10 years, incandescent and fluorescent fixtures around
the world will be phased out and replaced by LED technology. Narrowing it down
to domestic opportunity, the U.S. Department of Energy estimates that there are
currently more than 2.5 billion fixtures in commercial and industrial properties
in the United States alone, resulting in replacement costs of more than $1
trillion.
ForceField Energy has
secured an incredible spot in the LED lighting industry at a time when more and
more applications are on the horizon. If it continues to keep its pace, the
company has the potential to be a household name and greatly capitalize on the
latest in LED lighting use.
For more information, visit
www.forcefieldenergy.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
