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What The Future Holds For LED Light

Light Emitting Diode known as LED light has been in the market for many years, mostly in niche usage like small trinkets and indicator lighting. However, due to LED light being highly energy efficient, not to mention technologically superior over other light sources such as incandescent and fluorescent lighting, it is forecasted to reach beyond electronic applications into commercial and home lighting equally. In a recent report by Global Industry Analysts it is projected that the market for fluorescent and LED light could climb to $97 billion by 2010. The spike in growth would be primarily from construction and industrial development sectors.

As more individuals become aware of the energy efficiency of LEDs, the price of such items as LED bulbs will decline in price. Right now, the price of one LED bulb is substantially higher than the price of incandescent or fluorescent lights. However, the initial price for the lights would more than pay for itself in the long run. On average, one incandescent 60-watt bulb lasts 1,000 hours whereas one 2-watt LED light bulb lasts 60,000 hours. Therefore, one would have to purchase 60 incandescent bulbs for every one LED light bulb.

Home LED light is a cut above the rest when you consider energy efficiency. In comparison to incandescent lighting, LEDs wins hands down where energy consumption is involved. For every 60,000 hours of usage, incandescent lighting uses approximately 3,600 kWh of electricity where LED lights need 120 kWh. Bottom line: energy efficiency equals a significant cost savings. LEDs gives off directional illumination. Therefore, it is excellent as a source of light for reading or spotlighting in the home. Its powerful light productivity also makes it awesome for outdoor floodlighting and path illumination. These bulbs are now obtainable that can replace most halogen or fluorescent bulbs used in the home.

Yet LED light may not be useful for all home lighting needs, changing a few bulbs would have a noticeable affect in the amount of electricity used.

LEDs are already utilized in signs and videos in many indoor and outdoor sports events and concerts. LED video displays and signs are frequently preferred because of their higher brightness, which is critical when people are watching a sign or video from a long distance. Added benefits of these video displays are their potential to incorporate curves and 3-D designs. This makes LED displays technologically superior to currently available large screen shows. Research and developers in the consumer electronics space are ready to take advantage of this overwhelmingly useful technology in future items.

Other uses for LED light include flashlights and key chains, automobile taillights and interior lights, and LED-based projection televisions. LED light is also being used in the military for LED flashlights that work with night-vision goggles, UV-LED canteen water treatment devices and the sterilization of surgical equipment.

With LED light being more energy efficient and technologically superior to other light sources, numerous applications are sure to grow. Future generations can expect to think LED light as the basic light source for most lighting applications.