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What The Future Holds For LED Light

Light Emitting Diode or LED light has been in the market for a long time, basically in niche applications such as small trinkets and indicator lighting. However, owing to LED light being highly energy efficient, not to mention technologically advanced than other light sources like the incandescent and fluorescent lighting, it is forecasted to reach beyond electronic uses into commercial and home lighting as well. In a recent report by Global Industry Analysts it is predicted that the market for fluorescent and LED light could climb to $97 billion by 2010. The increase 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 decrease in price. Currently, the price of one LED bulb is considerably 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 endures 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. As compared to incandescent lighting, LEDs wins hands down where energy consumption is concerned. For every 60,000 hours of service, incandescent lighting uses about 3,600 kWh of electricity where LED lights use 120 kWh. Bottom line: energy efficiency equals a valuable cost savings. LEDs gives off directional illumination. Therefore, it is beneficial as a source of light for reading or spotlighting in the room. Its powerful light output also makes it wonderful for outdoor floodlighting and road illumination. These bulbs are now available that can replace most halogen or fluorescent bulbs used in the home.

Although LED light may not be convenient for all home lighting needs, changing a few bulbs would have an obvious affect in the amount of electricity used.

LEDs are already used 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 important when people are viewing a sign or video from a long distance. Added advantages of these video displays are their capacity to incorporate curves and 3-D design. This makes LED displays technologically better than currently available large screen shows. Research and manufacturers 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, car taillights and interior lights, and LED-based projection televisions. LED light is also being used in the armed forces for LED flashlights that is used in night-vision goggles, UV-LED canteen water treatment devices 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 grow. Future generations can expect to think LED light as the basic light source for most lighting applications.