What The Future Holds For LED Light
Light Emitting Diode known as LED light has been in existence for many years, basically in niche applications such as small trinkets and indicator lighting. However, owing to LED light being highly energy saving, not to mention technologically superior over other light sources such as incandescent and fluorescent lighting, it is predicted to reach beyond electronic uses into commercial and home lighting equally. In a recent report by Global Industry Analysts it is predicted that the market for fluorescent and LED light could move to $97 billion by 2010. The rise in growth would be primarily from construction and industrial development industries.
As more individuals become aware of the energy efficiency of LEDs, the cost of such items as LED bulbs will decrease in price. Currently, the price of one LED bulb is substantially higher than the price of incandescent or fluorescent lights. However, the initial price for the bulbs would more than pay for itself in the end. On average, one incandescent 60-watt bulb lasts 1,000 hours whereas one 2-watt LED light bulb endures 60,000 hours. Therefore, one would need to purchase 60 incandescent bulbs for every one LED light bulb.
Home LED light is a cut above the rest when it comes to energy efficiency. In comparison to incandescent lighting, LEDs wins hands down where power consumption is concerned. For every 60,000 hours of service, incandescent lighting uses approximately 3,600 kWh of electricity where LED lights need 120 kWh. Bottom line: energy efficiency equals a valuable cost savings. LEDs gives off directional illumination. Therefore, it is useful as a source of light for reading or spotlighting in the home. Its powerful light productivity also makes it wonderful 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 convenient for all home lighting needs, changing a few bulbs would have a noticeable affect in the amount of electricity used.
LEDs are already used in signs and videos in many indoor and outdoor sports events and parties. LED video displays and signs are often preferred because of their improved brightness, which is crucial when people are viewing 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 better than currently available large screen displays. Research and manufacturers in the consumer electronics space are eager to take advantage of this extremely useful technology in future devices.
Other uses for LED light include flashlights and key chains, vehicle taillights and interior lights, and LED-based projection TVs. LED light is also being used in the military for LED flashlights that work with night-vision goggles, UV-LED canteen water treatment plants and the sterilization of surgical equipment.
With LED light being more energy saving and technologically superior to other light sources, numerous applications are sure to evolve. Future generations can expect to think LED light as the basic light source for most lighting applications.