LED Energy Saving Luminaries Benefit as Rare Earth Prices Plummet

Known as a new generation of energy saving luminaries, prices for LEDs are 6-10 times that of their equally luminous counterparts, rare earth phosphor lamps. However, LEDs have much higher energy efficacy which can increase price/performance ratio for high power consuming public places. With soaring inflation and rapidly dropping prices, rare earth phosphor lamp quotas are plummeting. Investors have slowly begun to lose faith in rare earth and as a result orders have decline dramatically.

Council member of the Shanghai Illuminating Engineering Society Wuhong pointed out that rare earth phosphor lamps are only at an operational rate of 40-50 percent and that abruptions in production is a normal occurrence. These hard times however have given LED a rare opportunity for cultivation. It is reported that several manufacturers have turned their production away from rare earth phosphor lamps towards LEDs, such as Yankon Lighting which has raised LED production from 10 percent last year to 28 percent this year. Wohong expressed that before 2011 industry insiders predicted that LED luminaries would replace rare earth lamps within 10 years, but it seems it will happened sooner than expected.

The rare earth luminescent material market slump has provided LED with a golden opportunity. Even though both are energy saving luminescent materials, the situation between rare earth phosphor lamps and LED are as different as night and day with the LED market flourishing while rare earth market withers. According to information gathered at the Ganzhou Rare Earth International Forum, sales volume for rare earth luminescent material in 2012 was 4,500 tons, a yearly decrease of 43.8 percent. LED third generation energy saving luminaries on the other hand had a surge in sales volume close to 34 percent.
 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

New flux bin options offer even better optical performance and efficacy Cree LED has introduced XLamp XP-G3 S Line and XP-G4 White LEDs that are now brighter, with new minimum flux bin options for drop-in increases of output and efficacy. XP-G... READ MORE

For decades, Cree LED has been at the forefront of video LED technology, setting the industry benchmark for large-format displays, digital signage and video screens used in sporting events, concerts and commercial installations. Our expansive ... READ MORE