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What Can We Expect From LED Light In Near Future

Light Emitting Diode or LED light has been in the market for several years, basically in niche purposes such as small trinkets and signaling. However, owing to LED light being highly energy efficient, not to mention technologically superior over other light sources like the incandescent and fluorescent lighting, it is forecasted to reach beyond electronic applications into commercial and home lighting as well. In a recent study by Global Industry Analysts it is projected that the market for fluorescent and LED light could climb to $97 billion by 2010. The increase in growth would be primarily from construction and industrial development companies.

As more people become aware of the energy efficiency of LEDs, the cost of such items as LED bulbs will decrease in price. Right now, the price of one LED bulb is considerably higher than the price of incandescent or fluorescent lights. However, the initial price for the bulbs would more than pay for itself over time. On average, one incandescent 60-watt bulb can last 1,000 hours whereas one 2-watt LED light bulb lasts 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 energy consumption is concerned. For every 60,000 hours of usage, incandescent lighting uses around 3,600 kWh of electricity where LED lights need 120 kWh. Bottom line: energy efficiency equals a substantial cost savings. LEDs gives off directional light. Therefore, it is excellent as a source of light for reading or spotlighting in the room. Its powerful light output also makes it awesome for outdoor floodlighting and road illumination. These bulbs are now on the market that can replace most halogen or fluorescent light bulbs used in the home.

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

LEDs are already utilized in signs and videos in many indoor and outdoor sports events and parties. LED video displays and signs are often preferred because of their better brightness, which is critical when people are watching a sign or video from a long distance. Other advantages 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 displays. Research and manufacturers in the consumer electronics area are eager to take advantage of this extremely useful technology in future items.

Other uses for LED light include flashlights and key chains, vehicle taillights and interior lights, and LED-based projection televisions. LED light is also being used in the army 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 efficient and technologically superior to other light sources, numerous applications are sure to evolve. Future generations can expect to consider LED light as the basic light source for most lighting applications.