Light Emitting Diode or LED light has been out there for a long time, mostly in niche purposes like small trinkets and indicator lighting. However, owing to LED light being highly energy saving, not to mention technologically advanced than 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 study by Global Industry Analysts it is estimated that the market for fluorescent and LED light could climb to $97 billion by 2010. The rise in growth would be mostly from construction and industrial development companies.
As more individuals become aware of the energy efficiency of LEDs, the cost of such items as LED bulbs will decline in price. Presently, the price of one LED bulb is considerably higher than the price of incandescent or fluorescent lighting. However, the initial price for the bulbs would more than pay for itself in the end. On average, one incandescent 60-watt bulb can last 1,000 hours whereas one 2-watt LED light bulb endures 60,000 hours. Therefore, one would need to purchase 60 incandescent bulbs for each LED light bulb.
Home LED light is a cut above the rest when you consider energy efficiency. As opposed to incandescent lighting, LEDs wins hands down where power consumption is concerned. For every 60,000 hours of usage, incandescent lighting uses about 3,600 kWh of electricity where LED lights need 120 kWh. Bottom line: energy efficiency equals a valuable cost savings. LEDs gives off directional light. Therefore, it is beneficial as a source of light for reading or spotlighting in the room. Its powerful light productivity also makes it wonderful for outdoor floodlighting and path illumination. These bulbs are now available that can replace most halogen or fluorescent bulbs used in the home.
Yet LED light may not be suitable for all home lighting needs, replacing a few bulbs would have an obvious affect in the amount of energy used.
LEDs are already utilized in signs and videos in many indoor and outdoor sports events and concerts. LED video displays and signs are often preferred because of their better brightness, which is crucial 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 better than currently available large screen displays. Research and developers in the consumer electronics area are ready to take advantage of this extremely useful technology in future products.
Other uses for LED light incorporate flashlights and key chains, vehicle taillights and interior lights, and LED-based projection TVs. LED light is also being used in the army for LED flashlights that work with night-vision goggles, UV-LED canteen water treatment devices and the sterilization of surgical instruments.
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.
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