Press Release Summary:
Although showing a decrease of 1.2% from previous quarter, NEMA incandescent lamps shipment index for Q3 2011 increased 21.5% compared to same period last year. Latter represents largest swing, in either direction, since 2008. Also, compact fluorescent lamps (CFLs) shipments registered gain of 0.9% over Q2 2011 but declined for fourth consecutive y/y comparison by 15.4%. Shares of the two lamp types were essentially unchanged compared to the previous quarter.
Original Press Release:
Incandescent Lamp Shipments Remain Robust During Third Quarter
ROSSLYN, Va.-NEMA's incandescent lamps shipment index for Q3 2011 decreased 1.2 percent from the previous quarter, but was up 21.5 percent compared to the same period last year. The year-over-year percentage (y/y) change is the largest swing, in either direction, since 2008. Compact fluorescent lamps (CFLs) shipments registered a slight gain of 0.9 percent over Q2 2011. Yet, the index declined for the fourth consecutive y/y comparison, sinking 15.4 percent.
Shares of the two lamp types were essentially unchanged compared to the previous quarter. Incandescent lamps decreased 0.4 percentage points to 79.4 percent. Meanwhile, CFLs increased marginally to reach 20.6 percent of the combined incandescent-CFL lamp market.
NEMA is the association of electrical equipment manufacturers, founded in 1926 and headquartered in Arlington, Virginia. Its member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Worldwide annual sales of NEMA-scope products exceed $120 billion.
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